2-bed · 1,164 sqftOne Park Avenue, Sobha Hartland · 7th floor · completed 2022

703, One Park Avenue

Sold prices and rental history: sold twice, last in May 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 2.1M19 May 2023
Current rentAED 155K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, One Park Avenue

What is 703 worth today?

Last sold for AED 2,100,000 in 2023

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7 Sep 2024RentedNew contract
AED 155,000/yr12 months · AED 133 per sqft
19 May 2023SoldReady
AED 2,100,000AED 1,804 per sqft
11 Jul 2021Sold by developerOff-plan
AED 1,599,446AED 1,374 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2024.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
7th of 24
Parking
P3-328
Developer
Sobha
Completed
2022
Last sold
AED 2.1M · May 2023

About 703, One Park Avenue

703 is a two-bedroom apartment of 1,164 sqft on the 7th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 19 May 2023 for AED 2,100,000, or AED 1,804 per sqft, 18% above the AED 1,531 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2024. The current contract, signed on 7 September 2024, is AED 155,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 703 over time

Sales
Unit 703, 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, July 2021: AED 1,599,446 (AED 1,374 per sqft)Sold, May 2023: AED 2,100,000 (AED 1,804 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in One Park Avenue
120K140K160K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 133,000; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 150,000New contract, September 2024: AED 155,000 a year

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 703 sits

All 155 2-beds →

703 last sold in May 2023 at AED 1,804 per sqft, 18% above what two-beds in One Park Avenue were fetching at the time (AED 1,531). 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. 703's AED 155,000 is in the upper half of that range.

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 7th floor

All 397 units in One Park Avenue
Value
7011-bedAED 1.65M · May 2025
7021-bedAED 1.03M · Dec 2021
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

703, One Park Avenue in numbers

  • Sold twice: first on 11 July 2021 for AED 1,599,446, last on 19 May 2023 for AED 2,100,000 (AED 1,804 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 7 September 2024.

Questions about 703, One Park Avenue

What did unit 703 last sell for?

AED 2,100,000 on 19 May 2023: AED 1,804 per sqft for 1,164 sqft. The unit has 2 registered sales; the first was AED 1,599,446 in July 2021.

What is the rent for unit 703?

AED 155,000 a year on the contract signed on 7 September 2024.

How big is unit 703?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 7th floor of a 24-storey tower completed in 2022.

What is unit 703 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 703, One Park Avenue

Starts from the last sale price (AED 2.1M, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →