2-bed · 1,165 sqftOne Park Avenue, Sobha Hartland · 8th floor · completed 2022

812, One Park Avenue

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

Unit 812 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 1.65M12 December 2021
Current rentAED 120K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, One Park Avenue

What is 812 worth today?

Last sold for AED 1,648,758 in 2021

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15 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 103 per sqft
12 Dec 2021Sold by developerOff-plan
AED 1,648,758AED 1,415 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2022.

Key facts

Type
2-bed apartment
Size
1,165 sqft
Floor
8th of 24
Parking
P3-412
Developer
Sobha
Completed
2022
Last sold
AED 1.65M · December 2021

About 812, One Park Avenue

812 is a two-bedroom apartment of 1,165 sqft on the 8th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 12 December 2021 for AED 1,648,758, or AED 1,415 per sqft, in line with the AED 1,420 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2022. The current contract, signed on 15 November 2022, is AED 120,000 a year: a gross yield of 7.3% on the 2021 price.

Sales and rents for 812 over time

Sales
Unit 812, each saleTypical two-bed in One Park Avenue
2M2.5M2020202220242026Typical 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, December 2021: AED 1,648,758 (AED 1,415 per sqft)

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

Rents
Unit 812, 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 150,000New contract, November 2022: AED 120,000 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 812 sits

All 155 2-beds →

812 last sold in December 2021 at AED 1,415 per sqft, in line with what two-beds in One Park Avenue were fetching at the time (AED 1,420). 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. 812's AED 120,000 is in the lower 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 8th floor

All 397 units in One Park Avenue
Value
8011-bedAED 1.1M · Apr 2023
8021-bedAED 1.14M · Dec 2021
8032-bedAED 1.82M · Dec 2021
8042-bedAED 1.82M · Dec 2021
8052-bedAED 1.7M · Oct 2021
8062-bedAED 1.83M · Aug 2022
8073-bedAED 2.11M · Feb 2023
1–7 of 17

812, One Park Avenue in numbers

  • Sold once: by Sobha on 12 December 2021 for AED 1,648,758, or AED 1,415 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 7.3%.
  • 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 15 November 2022.

Questions about 812, One Park Avenue

What did unit 812 last sell for?

AED 1,648,758 on 12 December 2021, sold by the developer: AED 1,415 per sqft for 1,165 sqft. It is the only registered sale of the unit.

What is the rent for unit 812?

AED 120,000 a year on the contract signed on 15 November 2022.

How big is unit 812?

1,165 sqft (108.2 sqm): a two-bedroom apartment on the 8th floor of a 24-storey tower completed in 2022.

What is unit 812 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 812, One Park Avenue

Starts from the last sale price (AED 1.65M, 12 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,648,758
Deposit, UAE resident (20%)
AED 329,752
Deposit, non-resident (40%)
AED 659,503
Monthly over 25 years at 3.7%
AED 6,746

Plus AED 74,258 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →