1-bed · 1,166 sqftSLS Dubai Hotel and Residences, Business Bay · 16th floor · completed 2021

1607, SLS Dubai Hotel and Residences

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

Unit 1607 · DLD and Ejari recordsUpdated 24 May 2026
Last soldAED 2.2M18 November 2024
Current rentAED 155K /yr24 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, SLS Dubai Hotel and Residences

What is 1607 worth today?

Last sold for AED 2,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 May 2026RentedRenewal
AED 155,000/yr12 months · AED 133 per sqft
24 May 2025RentedNew contract
AED 155,000/yr12 months · AED 133 per sqft
24 May 2025RentedNew contract
AED 155,000/yr12 months · AED 133 per sqft
18 Nov 2024SoldReady
AED 2,200,000AED 1,885 per sqft
15 May 2023RentedNew contract
AED 145,000/yr12 months · AED 124 per sqft
26 Jan 2022Sold by developerReady
AED 2,158,100AED 1,850 per sqft

Source: Dubai Land Department. Updated 24 May 2026.

Key facts

Type
1-bed apartment
Size
1,166 sqft
Floor
16th of 67
Parking
B3-38
Developer
WOW Real Estate Development
Completed
2021
Last sold
AED 2.2M · November 2024

About 1607, SLS Dubai Hotel and Residences

1607 is a one-bedroom apartment of 1,166 sqft on the 16th floor of SLS Dubai Hotel and Residences, a 67-storey tower in Business Bay completed in 2021 by WOW Real Estate Development. It last sold on 18 November 2024 for AED 2,200,000, or AED 1,885 per sqft, 35% below the AED 2,910 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 24 May 2026, is AED 155,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in SLS Dubai Hotel and Residences
1.75M2M2.25M2020202220242026Typical sale price by year: 2020 AED 1,829,527; 2021 AED 2,069,661; 2022 AED 2,329,170; 2023 AED 2,150,000; 2024 AED 2,327,500; 2025 AED 2,300,000; 2026 AED 2,009,000Sold by developer, January 2022: AED 2,158,100 (AED 1,850 per sqft)Sold, November 2024: AED 2,200,000 (AED 1,885 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in SLS Dubai Hotel and Residences
140K160K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 132,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 148,857New contract, May 2023: AED 145,000 a yearNew contract, May 2025: AED 155,000 a yearNew contract, May 2025: AED 155,000 a yearRenewal, May 2026: AED 155,000 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 SLS Dubai Hotel and Residences, and where 1607 sits

All 538 1-beds →

1607 last sold in November 2024 at AED 1,885 per sqft, 35% below what one-beds in SLS Dubai Hotel and Residences were fetching at the time (AED 2,910). Over the last 12 months one-beds sold for AED 1,100,000 to 4,000,000, around AED 1,711 per sqft, and rent for AED 100,270 to 220,000 a year. 1607's AED 155,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 20261,989,320
26 Oct 20262,154,960
26 Oct 20262,009,000
26 Oct 20262,004,080
46 1-bed sales in the last 12 months

SLS Dubai Hotel and Residences

Building

1,056 apartments, studios to 4-bed over 67 floors in Business Bay, completed in 2021 by WOW Real Estate Development. 68 sold in the last 12 months.

Typical price per sqft
AED 1,809 Down 13.9%
Typical sale
AED 2M
Typical rent
AED 141K /yr
Typical yield
7.4%
SLS Dubai Hotel and Residences, Business Bay: prices, sales and rents →
Value
16002-bedAED 3.28M · Mar 2021
16012-bedAED 2.89M · Aug 2021
16021-bedAED 2.35M · Mar 2022
16031-bedAED 2.04M · Aug 2021
16041-bedAED 2.2M · Oct 2023
16051-bedAED 2.35M · May 2024
16061-bedAED 2.08M · Apr 2021
1–7 of 24

1607, SLS Dubai Hotel and Residences in numbers

  • Sold twice: first on 26 January 2022 for AED 2,158,100, last on 18 November 2024 for AED 2,200,000 (AED 1,885 per sqft).
  • Rented since May 2023 on 4 Ejari contracts, from AED 145,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 7.0%.
  • One-beds in SLS Dubai Hotel and Residences sold for AED 1,100,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,809 per sqft.

Source: Dubai Land Department. Updated 24 May 2026.

Questions about 1607, SLS Dubai Hotel and Residences

What did unit 1607 last sell for?

AED 2,200,000 on 18 November 2024: AED 1,885 per sqft for 1,166 sqft. The unit has 2 registered sales; the first was AED 2,158,100 in January 2022.

What is the rent for unit 1607?

AED 155,000 a year on the contract renewed on 24 May 2026. The previous contract, from May 2025, was AED 155,000; the unit has been rented since May 2023.

How big is unit 1607?

1,166 sqft (108.3 sqm): a one-bedroom apartment on the 16th floor of a 67-storey tower completed in 2021.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in SLS Dubai Hotel and Residences sold for AED 1,100,000 to 4,000,000 in the last 12 months, around AED 1,711 per sqft.

Selling 1607? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1607, SLS Dubai Hotel and Residences

Starts from the last sale price (AED 2.2M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →