1-bed · 1,297 sqftSLS Dubai Hotel and Residences, Business Bay · 24th floor · completed 2021

2406, SLS Dubai Hotel and Residences

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 2.17M15 November 2020
Current rentAED 200K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, SLS Dubai Hotel and Residences

What is 2406 worth today?

Last sold for AED 2,171,097 in 2020

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1 Nov 2025RentedNew contract
AED 200,000/yr12 months · AED 155 per sqft
1 Nov 2024RentedRenewal
AED 200,000/yr12 months · AED 155 per sqft
1 Nov 2023RentedNew contract
AED 190,000/yr12 months · AED 147 per sqft
10 Jun 2022RentedNew contract
AED 175,000/yr12 months · AED 135 per sqft
15 Nov 2020Sold by developerOff-plan
AED 2,171,097AED 1,674 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
1,297 sqft
Floor
24th of 67
Parking
P2-33
Developer
WOW Real Estate Development
Completed
2021
Last sold
AED 2.17M · November 2020

About 2406, SLS Dubai Hotel and Residences

2406 is a one-bedroom apartment of 1,297 sqft on the 24th floor of SLS Dubai Hotel and Residences, a 67-storey tower in Business Bay completed in 2021 by WOW Real Estate Development. The developer sold it on 15 November 2020 for AED 2,171,097, or AED 1,674 per sqft, 5% above the AED 1,596 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 November 2025, is AED 200,000 a year: a gross yield of 9.2% on the 2020 price.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, November 2020: AED 2,171,097 (AED 1,674 per sqft)

2406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2406, each contractTypical one-bed in SLS Dubai Hotel and Residences
150K200K2021202320252027Typical 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 149,429New contract, June 2022: AED 175,000 a yearNew contract, November 2023: AED 190,000 a yearRenewal, November 2024: AED 200,000 a yearNew contract, November 2025: AED 200,000 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 2406 sits

All 538 1-beds →

2406 last sold in November 2020 at AED 1,674 per sqft, 5% above what one-beds in SLS Dubai Hotel and Residences were fetching at the time (AED 1,596). 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. 2406's AED 200,000 is in the upper 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 142K /yr
Typical yield
7.4%
SLS Dubai Hotel and Residences, Business Bay: prices, sales and rents →
Value
24002-bedAED 3M · Dec 2020
24012-bedAED 2.78M · Oct 2020
24021-bedAED 2.95M · Feb 2026
24031-bedAED 2.3M · May 2022
24041-bedAED 87K · Jul 2026
24051-bedAED 2.45M · Nov 2024
24071-bedAED 2.23M · May 2025
1–7 of 24

2406, SLS Dubai Hotel and Residences in numbers

  • Sold once: by WOW Real Estate Development on 15 November 2020 for AED 2,171,097, or AED 1,674 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 175,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 9.2%.
  • 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 1 November 2025.

Questions about 2406, SLS Dubai Hotel and Residences

What did unit 2406 last sell for?

AED 2,171,097 on 15 November 2020, sold by the developer: AED 1,674 per sqft for 1,297 sqft. It is the only registered sale of the unit.

What is the rent for unit 2406?

AED 200,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2024, was AED 200,000; the unit has been rented since June 2022.

How big is unit 2406?

1,297 sqft (120.5 sqm): a one-bedroom apartment on the 24th floor of a 67-storey tower completed in 2021.

What is unit 2406 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.

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Mortgage on 2406, SLS Dubai Hotel and Residences

Starts from the last sale price (AED 2.17M, 15 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,171,097
Deposit, UAE resident (20%)
AED 434,219
Deposit, non-resident (40%)
AED 868,439
Monthly over 25 years at 3.7%
AED 8,883

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