1-bed · 743 sqftOne Park Avenue, Sobha Hartland · 7th floor · completed 2022

702, One Park Avenue

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 1.03M20 December 2021
Current rentAED 120K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, One Park Avenue

What is 702 worth today?

Last sold for AED 1,031,172 in 2021

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25 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 162 per sqft
25 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 162 per sqft
1 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
20 Dec 2021Sold by developerOff-plan
AED 1,031,172AED 1,388 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2025.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
7th of 24
Parking
P3-361
Developer
Sobha
Completed
2022
Last sold
AED 1.03M · December 2021

About 702, One Park Avenue

702 is a one-bedroom apartment of 743 sqft on the 7th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 20 December 2021 for AED 1,031,172, or AED 1,388 per sqft, 6% below the AED 1,471 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 25 March 2025, is AED 120,000 a year: a gross yield of 11.6% on the 2021 price.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in One Park Avenue
1M1.5M2020202220242026Typical 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, December 2021: AED 1,031,172 (AED 1,388 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in One Park Avenue
80K100K120K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 105,000New contract, March 2023: AED 85,000 a yearNew contract, March 2024: AED 120,000 a yearRenewal, March 2025: AED 120,000 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 702 sits

All 92 1-beds →

702 last sold in December 2021 at AED 1,388 per sqft, 6% below what one-beds in One Park Avenue were fetching at the time (AED 1,471). 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. 702's AED 120,000 is at the top 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 7th floor

All 397 units in One Park Avenue
Value
7011-bedAED 1.65M · May 2025
7032-bedAED 2.1M · May 2023
7042-bedAED 1.65M · Oct 2021
7052-bedAED 2M · Sep 2023
7062-bedAED 1.65M · Jun 2021
7073-bedAED 2.11M · Feb 2023
7083-bedAED 2.24M · Jun 2023
1–7 of 17

702, One Park Avenue in numbers

  • Sold once: by Sobha on 20 December 2021 for AED 1,031,172, or AED 1,388 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 11.6%.
  • 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 25 March 2025.

Questions about 702, One Park Avenue

What did unit 702 last sell for?

AED 1,031,172 on 20 December 2021, sold by the developer: AED 1,388 per sqft for 743 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 120,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 120,000; the unit has been rented since March 2023.

How big is unit 702?

743 sqft (69.0 sqm): a one-bedroom apartment on the 7th floor of a 24-storey tower completed in 2022.

What is unit 702 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 702, One Park Avenue

Starts from the last sale price (AED 1.03M, 20 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,031,172
Deposit, UAE resident (20%)
AED 206,234
Deposit, non-resident (40%)
AED 412,469
Monthly over 25 years at 3.7%
AED 4,219

Plus AED 48,319 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →