1-bed · 324 sqftSLS Dubai Hotel and Residences, Business Bay · 35th floor · completed 2021

3506 (Q 1), SLS Dubai Hotel and Residences

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 (Q 1) · DLD and Ejari recordsUpdated 12 August 2022
Last soldAED 771K12 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3506 (Q 1), SLS Dubai Hotel and Residences

What is 3506 (Q 1) worth today?

Last sold for AED 771,429 in 2022

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12 Aug 2022Sold by developerReady
AED 771,429AED 2,380 per sqft

Source: Dubai Land Department. Updated 12 August 2022.

Key facts

Type
1-bed hotel apartment
Size
324 sqft
Floor
35th of 67
Parking
B5-08
Developer
WOW Real Estate Development
Completed
2021
Last sold
AED 771K · August 2022

About 3506 (Q 1), SLS Dubai Hotel and Residences

3506 (Q 1) is a one-bedroom hotel apartment of 324 sqft on the 35th 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 12 August 2022 for AED 771,429, or AED 2,380 per sqft, 20% above the AED 1,984 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3506 (Q 1) over time

Sales
Unit 3506 (Q 1), each saleTypical one-bed in SLS Dubai Hotel and Residences
1M2M2020202220242026Typical 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, August 2022: AED 771,429 (AED 2,380 per sqft)

3506 (Q 1) has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3506 (Q 1), 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 149,429

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 3506 (Q 1) sits

All 538 1-beds →

3506 (Q 1) last sold in August 2022 at AED 2,380 per sqft, 20% above what one-beds in SLS Dubai Hotel and Residences were fetching at the time (AED 1,984). 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.

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
35002-bedAED 4.38M · Jun 2022
35012-bedNo registered sale
35021-bedAED 3.12M · May 2022
35031-bedNo registered sale
35041-bedAED 2.9M · Apr 2022
35051-bedAED 2.93M · May 2022
35061-bedNo registered sale
1–7 of 48

3506 (Q 1), SLS Dubai Hotel and Residences in numbers

  • Sold once: by WOW Real Estate Development on 12 August 2022 for AED 771,429, or AED 2,380 per sqft.
  • 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 12 August 2022.

Questions about 3506 (Q 1), SLS Dubai Hotel and Residences

What did unit 3506 (Q 1) last sell for?

AED 771,429 on 12 August 2022, sold by the developer: AED 2,380 per sqft for 324 sqft. It is the only registered sale of the unit.

How big is unit 3506 (Q 1)?

324 sqft (30.1 sqm): a one-bedroom hotel apartment on the 35th floor of a 67-storey tower completed in 2021.

What is unit 3506 (Q 1) 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 3506 (Q 1), SLS Dubai Hotel and Residences

Starts from the last sale price (AED 771K, 12 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 771,429
Deposit, UAE resident (20%)
AED 154,286
Deposit, non-resident (40%)
AED 308,572
Monthly over 25 years at 3.7%
AED 3,156

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