1-bed · 735 sqftOne Park Avenue, Sobha Hartland · 24th floor · completed 2022

2401, One Park Avenue

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.23M13 July 2021
Current rentAED 105K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, One Park Avenue

What is 2401 worth today?

Last sold for AED 1,229,877 in 2021

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1 May 2024RentedRenewal
AED 105,000/yr12 months · AED 143 per sqft
2 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
13 Jul 2021Sold by developerOff-plan
AED 1,229,877AED 1,673 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
24th of 24
Parking
P1-82
Developer
Sobha
Completed
2022
Last sold
AED 1.23M · July 2021

About 2401, One Park Avenue

2401 is a one-bedroom apartment of 735 sqft on the 24th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 13 July 2021 for AED 1,229,877, or AED 1,673 per sqft, 13% above the AED 1,481 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 105,000 a year: a gross yield of 8.5% on the 2021 price.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical one-bed in One Park Avenue
1.25M1.5M2020202220242026Typical sale price by year: 2020 AED 1,100,336; 2021 AED 1,100,336; 2022 AED 1,111,148; 2023 AED 1,150,000; 2024 AED 1,580,000; 2025 AED 1,585,000Sold by developer, July 2021: AED 1,229,877 (AED 1,673 per sqft)

2401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, each contractTypical one-bed in One Park Avenue
80K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 105,000New contract, December 2022: AED 90,000 a yearRenewal, May 2024: AED 105,000 a year

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 2401 sits

All 92 1-beds →

2401 last sold in July 2021 at AED 1,673 per sqft, 13% 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. 2401's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 20261,700,000
28 Jul 20251,660,000
23 Jun 20251,570,000
18 May 20251,400,000
1 1-bed sale in the last 12 months

One Park Avenue

Building

397 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%
One Park Avenue, Sobha Hartland: prices, sales and rents →

Other units on the 24th floor

All 397 units in One Park Avenue
Value
24021-bedAED 1.18M · Sep 2021
24032-bedAED 1.96M · Oct 2020
24052-bedAED 2.35M · May 2024
24062-bedAED 2.62M · Jan 2026
24073-bedAED 3.35M · Jun 2024
24083-bedAED 2.58M · Jun 2023
24093-bedAED 2.28M · Jun 2022
1–7 of 15

2401, One Park Avenue in numbers

  • Sold once: by Sobha on 13 July 2021 for AED 1,229,877, or AED 1,673 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 8.5%.
  • 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 1 May 2024.

Questions about 2401, One Park Avenue

What did unit 2401 last sell for?

AED 1,229,877 on 13 July 2021, sold by the developer: AED 1,673 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 105,000 a year on the contract renewed on 1 May 2024. The previous contract, from December 2022, was AED 90,000.

How big is unit 2401?

735 sqft (68.3 sqm): a one-bedroom apartment on the 24th floor of a 24-storey tower completed in 2022.

What is unit 2401 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 2401, One Park Avenue

Starts from the last sale price (AED 1.23M, 13 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,229,877
Deposit, UAE resident (20%)
AED 245,975
Deposit, non-resident (40%)
AED 491,951
Monthly over 25 years at 3.7%
AED 5,032

Plus AED 56,665 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →