1602, One Park Avenue
Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, One Park Avenue
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 743 sqft
- Floor
- 16th of 24
- Parking
- P2-177
- Developer
- Sobha
- Completed
- 2022
- Last sold
- AED 1.17M · October 2020
- Building
- One Park Avenue
About 1602, One Park Avenue
1602 is a one-bedroom apartment of 743 sqft on the 16th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 28 October 2020 for AED 1,171,965, or AED 1,577 per sqft, 6% above the AED 1,481 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 11 January 2024, is AED 89,250 a year: a gross yield of 7.6% on the 2020 price.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in One Park Avenue, and where 1602 sits
All 92 1-beds →1602 last sold in October 2020 at AED 1,577 per sqft, 6% above what one-beds in One Park Avenue were fetching at the time (AED 1,481). Over the last 12 months one-beds sold for AED 1,700,000, around AED 2,288 per sqft, and rent for AED 84,000 to 112,000 a year. 1602's AED 89,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 743 sqft | 1,700,000 | 2,288 | ||
| 28 Jul 202528 July 2025 | 739 sqft | 1,660,000 | 2,244 | ||
| 23 Jun 202523 June 2025 | 739 sqft | 1,570,000 | 2,123 | ||
| 18 May 202518 May 2025 | 736 sqft | 1,400,000 | 1,902 |
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 16th floor
All 397 units in One Park Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 739 sqft | AED 1.16MAED 1,158,556 · Jul 2021July 2021 | ||
| 1603 | 2-bed | 1,164 sqft | AED 2.35MAED 2,350,000 · Sep 2024September 2024 | 120,000 /yr | |
| 1604 | 2-bed | 1,167 sqft | AED 1.79MAED 1,785,833 · Dec 2021December 2021 | 150,000 /yr | |
| 1605 | 2-bed | 1,167 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | ||
| 1606 | 3-bed | 1,531 sqft | AED 2.4MAED 2,400,000 · Oct 2022October 2022 | ||
| 1607 | 3-bed | 1,463 sqft | AED 2.23MAED 2,232,698 · Dec 2021December 2021 | ||
| 1608 | 3-bed | 1,486 sqft | AED 2.75MAED 2,750,000 · Sep 2023September 2023 | 190,000 /yr | |
| 1609 | 1-bed | 737 sqft | AED 1.6MAED 1,600,000 · May 2025May 2025 | 105,000 /yr | |
| 1610 | 1-bed | 744 sqft | AED 1.1MAED 1,101,608 · Jul 2021July 2021 | 80,001 /yr | |
| 1611 | 2-bed | 1,165 sqft | AED 1.75MAED 1,753,792 · Oct 2020October 2020 | ||
| 1612 | 2-bed | 1,166 sqft | AED 1.76MAED 1,763,183 · Oct 2020October 2020 | 154,000 /yr | |
| 1613 | 2-bed | 1,171 sqft | AED 2.35MAED 2,350,000 · Dec 2023December 2023 | 120,000 /yr | |
| 1614 | 3-bed | 1,542 sqft | AED 2.7MAED 2,700,000 · Mar 2023March 2023 | ||
| 1615 | 3-bed | 1,535 sqft | AED 2.87MAED 2,870,000 · Mar 2023March 2023 | ||
| 1616 | 1,482 sqft | AED 3.4MAED 3,400,000 · Nov 2025November 2025 |
1602, One Park Avenue in numbers
- Sold once: by Sobha on 28 October 2020 for AED 1,171,965, or AED 1,577 per sqft.
- Rented since January 2023 on 3 Ejari contracts, from AED 85,000 to AED 89,250 a year.
- At AED 89,250 a year the gross yield on the 2020 price is 7.6%.
- One-beds in One Park Avenue sold for AED 1,700,000–1,700,000 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 11 January 2024.
Questions about 1602, One Park Avenue
What did unit 1602 last sell for?
AED 1,171,965 on 28 October 2020, sold by the developer: AED 1,577 per sqft for 743 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 89,250 a year on the contract signed on 11 January 2024. The previous contract, from January 2024, was AED 89,250; the unit has been rented since January 2023.
How big is unit 1602?
743 sqft (69.0 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2022.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in One Park Avenue sold for AED 1,700,000 to 1,700,000 in the last 12 months, around AED 2,288 per sqft.
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Mortgage on 1602, One Park Avenue
Starts from the last sale price (AED 1.17M, 28 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,171,965
- Deposit, UAE resident (20%)
- AED 234,393
- Deposit, non-resident (40%)
- AED 468,786
- Monthly over 25 years at 3.7%
- AED 4,795
Plus AED 54,233 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →