1506, One Park Avenue
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, One Park Avenue
What is 1506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,531 sqft
- Floor
- 15th of 24
- Parking
- P2-270
- Developer
- Sobha
- Completed
- 2022
- Last sold
- AED 2.34M · November 2021
- Building
- One Park Avenue
About 1506, One Park Avenue
1506 is a three-bedroom apartment of 1,531 sqft on the 15th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 2 November 2021 for AED 2,341,390, or AED 1,529 per sqft, in line with the AED 1,539 three-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 200,000 a year: a gross yield of 8.5% on the 2021 price.
Sales and rents for 1506 over time
1506 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in One Park Avenue, and where 1506 sits
All 123 3-beds →1506 last sold in November 2021 at AED 1,529 per sqft, in line with what three-beds in One Park Avenue were fetching at the time (AED 1,539). Over the last 12 months three-beds sold for AED 3,328,000 to 3,400,000, around AED 2,285 per sqft, and rent for AED 180,000 to 250,000 a year. 1506's AED 200,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 202511 July 2025 | 1,542 sqft | 3,250,000 | 2,107 | ||
| 2 Jun 20252 June 2025 | 1,482 sqft | 3,300,000 | 2,226 | ||
| 14 May 202514 May 2025 | 1,463 sqft | 3,350,000 | 2,290 | ||
| 21 Mar 202521 March 2025 | 1,482 sqft | 2,528,303 | 1,706 |
One Park Avenue
Building397 apartments, 1-bed to 4-bed over 24 floors in Sobha Hartland, completed in 2022 by Sobha. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,276
- Typical sale
- AED 2.65M
- Typical rent
- AED 145K /yr
- Typical yield
- 5.7%
Other units on the 15th floor
All 397 units in One Park Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 739 sqft | AED 1.17MAED 1,170,259 · Nov 2020November 2020 | ||
| 1502 | 1-bed | 743 sqft | AED 1.17MAED 1,171,965 · Jul 2021July 2021 | 90,000 /yr | |
| 1503 | 2-bed | 1,164 sqft | AED 1.87MAED 1,870,323 · Jul 2021July 2021 | 140,000 /yr | |
| 1505 | 2-bed | 1,167 sqft | AED 1.82MAED 1,821,263 · Dec 2021December 2021 | 135,000 /yr | |
| 1507 | 3-bed | 1,463 sqft | AED 2.7MAED 2,700,000 · Apr 2023April 2023 | ||
| 1508 | 3-bed | 1,486 sqft | AED 2.28MAED 2,277,160 · Dec 2021December 2021 | 160,000 /yr | |
| 1509 | 1-bed | 737 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | ||
| 1510 | 744 sqft | AED 1.63MAED 1,630,000 · Sep 2025September 2025 | 100,000 /yr | ||
| 1511 | 2-bed | 1,165 sqft | AED 1.75MAED 1,753,792 · Jul 2021July 2021 | 155,000 /yr | |
| 1512 | 2-bed | 1,166 sqft | AED 1.76MAED 1,763,183 · Jul 2021July 2021 | 131,250 /yr | |
| 1513 | 2-bed | 1,171 sqft | AED 1.92MAED 1,915,951 · Aug 2022August 2022 | 136,122 /yr | |
| 1514 | 3-bed | 1,542 sqft | AED 2.8MAED 2,800,000 · Sep 2024September 2024 | 205,000 /yr | |
| 1515 | 3-bed | 1,535 sqft | AED 2.51MAED 2,508,165 · Apr 2023April 2023 | 195,000 /yr | |
| 1516 | 3-bed | 1,482 sqft | AED 2.42MAED 2,419,905 · Mar 2023March 2023 |
1506, One Park Avenue in numbers
- Sold once: by Sobha on 2 November 2021 for AED 2,341,390, or AED 1,529 per sqft.
- Rented since October 2023 on 3 Ejari contracts, from AED 160,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2021 price is 8.5%.
- Three-beds in One Park Avenue sold for AED 3,328,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,276 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2025.
Questions about 1506, One Park Avenue
What did unit 1506 last sell for?
AED 2,341,390 on 2 November 2021, sold by the developer: AED 1,529 per sqft for 1,531 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 200,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2025, was AED 200,000; the unit has been rented since October 2023.
How big is unit 1506?
1,531 sqft (142.2 sqm): a three-bedroom apartment on the 15th floor of a 24-storey tower completed in 2022.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in One Park Avenue sold for AED 3,328,000 to 3,400,000 in the last 12 months, around AED 2,285 per sqft.
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Mortgage on 1506, One Park Avenue
Starts from the last sale price (AED 2.34M, 2 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,341,390
- Deposit, UAE resident (20%)
- AED 468,278
- Deposit, non-resident (40%)
- AED 936,556
- Monthly over 25 years at 3.7%
- AED 9,579
Plus AED 103,349 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →