502, One Park Avenue
Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, One Park Avenue
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 743 sqft
- Floor
- 5th of 24
- Parking
- P2-345
- Developer
- Sobha
- Completed
- 2022
- Last sold
- AED 1.11M · March 2023
- Building
- One Park Avenue
About 502, One Park Avenue
502 is a one-bedroom apartment of 743 sqft on the 5th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 2 March 2023 for AED 1,110,000, or AED 1,494 per sqft, in line with the AED 1,517 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 80,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 502 over time
502 has sold twice; 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 502 sits
All 92 1-beds →502 last sold in March 2023 at AED 1,494 per sqft, in line with what one-beds in One Park Avenue were fetching at the time (AED 1,517). 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. 502's AED 80,000 is at the bottom 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 5th floor
All 397 units in One Park Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 739 sqft | AED 950KAED 950,186 · Oct 2020October 2020 | ||
| 503 | 2-bed | 1,164 sqft | AED 1.65MAED 1,648,914 · Jul 2021July 2021 | 155,000 /yr | |
| 504 | 2-bed | 1,166 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | ||
| 505 | 2-bed | 1,087 sqft | AED 1.54MAED 1,539,704 · Mar 2022March 2022 | ||
| 506 | 2-bed | 1,169 sqft | AED 1.65MAED 1,652,564 · Oct 2021October 2021 | 170,000 /yr | |
| 507 | 3-bed | 1,531 sqft | AED 2.2MAED 2,202,422 · Dec 2021December 2021 | ||
| 508 | 3-bed | 1,463 sqft | AED 2.65MAED 2,650,000 · Oct 2023October 2023 | ||
| 509 | 3-bed | 1,486 sqft | AED 2.14MAED 2,143,210 · Dec 2021December 2021 | ||
| 510 | 1-bed | 737 sqft | AED 991KAED 990,939 · Jul 2021July 2021 | 87,000 /yr | |
| 511 | 1-bed | 744 sqft | AED 1.39MAED 1,385,000 · Mar 2025March 2025 | ||
| 512 | 2-bed | 1,165 sqft | AED 1.65MAED 1,648,758 · Feb 2022February 2022 | ||
| 513 | 2-bed | 1,165 sqft | AED 2MAED 2,000,000 · Aug 2023August 2023 | ||
| 514 | 2-bed | 1,089 sqft | AED 1.54MAED 1,544,586 · Aug 2021August 2021 | 150,000 /yr | |
| 515 | 2-bed | 1,171 sqft | AED 1.66MAED 1,658,960 · Aug 2021August 2021 | 135,000 /yr | |
| 516 | 3-bed | 1,540 sqft | AED 2.06MAED 2,063,533 · Aug 2022August 2022 | 220,000 /yr | |
| 517 | 3-bed | 1,535 sqft | AED 3.3MAED 3,300,000 · Jul 2024July 2024 | 165,000 /yr | |
| 518 | 3-bed | 1,479 sqft | AED 2.13MAED 2,129,098 · Dec 2021December 2021 | 168,000 /yr |
502, One Park Avenue in numbers
- Sold twice: first on 13 April 2021 for AED 1,031,172, last on 2 March 2023 for AED 1,110,000 (AED 1,494 per sqft).
- Rented since March 2023 on 3 Ejari contracts, from AED 80,231 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 7.2%.
- 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 March 2025.
Questions about 502, One Park Avenue
What did unit 502 last sell for?
AED 1,110,000 on 2 March 2023: AED 1,494 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 1,031,172 in April 2021.
What is the rent for unit 502?
AED 80,000 a year on the contract renewed on 1 March 2025. The previous contract, from February 2024, was AED 84,000; the unit has been rented since March 2023.
How big is unit 502?
743 sqft (69.0 sqm): a one-bedroom apartment on the 5th floor of a 24-storey tower completed in 2022.
What is unit 502 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 502, One Park Avenue
Starts from the last sale price (AED 1.11M, 2 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,110,000
- Deposit, UAE resident (20%)
- AED 222,000
- Deposit, non-resident (40%)
- AED 444,000
- Monthly over 25 years at 3.7%
- AED 4,541
Plus AED 51,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →