2-bed · 1,087 sqftOne Park Avenue, Sobha Hartland · 5th floor · completed 2022

505, One Park Avenue

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 16 March 2022
Last soldAED 1.54M16 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, One Park Avenue

What is 505 worth today?

Last sold for AED 1,539,704 in 2022

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16 Mar 2022Sold by developerOff-plan
AED 1,539,704AED 1,415 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2022.

Key facts

Type
2-bed apartment
Size
1,087 sqft
Floor
5th of 24
Parking
P3-322
Developer
Sobha
Completed
2022
Last sold
AED 1.54M · March 2022

About 505, One Park Avenue

505 is a two-bedroom apartment of 1,087 sqft on the 5th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 16 March 2022 for AED 1,539,704, or AED 1,415 per sqft, 5% below the AED 1,488 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in One Park Avenue
1.5M2M2.5M2020202220242026Typical sale price by year: 2020 AED 1,754,633; 2021 AED 1,702,923; 2022 AED 1,766,992; 2023 AED 2,000,000; 2024 AED 2,340,000; 2025 AED 2,437,500Sold by developer, March 2022: AED 1,539,704 (AED 1,415 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in One Park Avenue
120K140K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 133,000; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 150,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in One Park Avenue, and where 505 sits

All 155 2-beds →

505 last sold in March 2022 at AED 1,415 per sqft, 5% below what two-beds in One Park Avenue were fetching at the time (AED 1,488). Over the last 12 months two-beds sold for AED 2,620,000 to 2,650,000, around AED 2,258 per sqft, and rent for AED 75,000 to 190,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,620,000
23 Jun 20252,450,000
3 Jun 20252,380,000
5 May 20252,580,000
2 2-bed sales 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 5th floor

All 397 units in One Park Avenue
Value
5011-bedAED 950K · Oct 2020
5021-bedAED 1.11M · Mar 2023
5032-bedAED 1.65M · Jul 2021
5042-bedAED 2M · Feb 2023
5062-bedAED 1.65M · Oct 2021
5073-bedAED 2.2M · Dec 2021
5083-bedAED 2.65M · Oct 2023
1–7 of 17

505, One Park Avenue in numbers

  • Sold once: by Sobha on 16 March 2022 for AED 1,539,704, or AED 1,415 per sqft.
  • Two-beds in One Park Avenue sold for AED 2,620,000–2,650,000 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 16 March 2022.

Questions about 505, One Park Avenue

What did unit 505 last sell for?

AED 1,539,704 on 16 March 2022, sold by the developer: AED 1,415 per sqft for 1,087 sqft. It is the only registered sale of the unit.

How big is unit 505?

1,087 sqft (101.0 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2022.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One Park Avenue sold for AED 2,620,000 to 2,650,000 in the last 12 months, around AED 2,258 per sqft.

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Mortgage on 505, One Park Avenue

Starts from the last sale price (AED 1.54M, 16 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,539,704
Deposit, UAE resident (20%)
AED 307,941
Deposit, non-resident (40%)
AED 615,882
Monthly over 25 years at 3.7%
AED 6,299

Plus AED 69,677 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →