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1-bed · 598 sqftThe One Hotel, Business Bay · 10th floor · completed 2019

1005, The One Hotel

Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 1.8M3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1005, The One Hotel

What is 1005 worth today?

Last sold for AED 1,800,000 in 2023

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3 Jul 2023SoldReady
AED 1,800,000AED 3,008 per sqft
13 Feb 2018Sold by developerOff-plan
AED 1,850,000AED 3,233 per sqft

Source: Dubai Land Department. Updated 3 July 2023.

Key facts

Type
1-bed hotel apartment
Size
598 sqft
Floor
10th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.8M · July 2023
Building
The One Hotel

About 1005, The One Hotel

1005 is a one-bedroom hotel apartment of 598 sqft on the 10th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 3 July 2023 for AED 1,800,000, or AED 3,008 per sqft, in line with the AED 3,008 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in The One Hotel
1.6M1.8M2017202020232026Typical sale price by year: 2017 AED 1,737,500; 2018 AED 1,875,000; 2019 AED 1,595,000; 2020 AED 1,620,000; 2021 AED 1,675,000; 2022 AED 1,725,000; 2023 AED 1,800,000; 2025 AED 1,750,000; 2026 AED 1,695,000Sold by developer, February 2018: AED 1,850,000 (AED 3,233 per sqft)Sold, July 2023: AED 1,800,000 (AED 3,008 per sqft)

1005 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The One Hotel, and where 1005 sits

All 43 1-beds →

1005 last sold in July 2023 at AED 3,008 per sqft, in line with what one-beds in The One Hotel were fetching at the time (AED 3,008). Over the last 12 months one-beds sold for AED 1,630,000 to 1,711,650, around AED 2,695 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,630,000
1 May 20261,695,000
2 Apr 20261,711,650
26 Mar 20251,570,105
3 1-bed sales in the last 12 months

The One Hotel

Building

490 apartments, studios to 1-bed over 16 floors in Business Bay, completed in 2019 by TFG Real Estate. 28 sold in the last 12 months.

Typical price per sqft
AED 4,478 Down 0.8%
Typical sale
AED 1.5M
Typical rent
Few contracts
Typical yield
The One Hotel, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 490 units in The One Hotel
Value
1001StudioAED 795K · Jul 2024
1002StudioAED 1.37M · Jul 2018
1003StudioAED 870K · Aug 2023
10041-bedAED 1.8M · Jan 2022
1006StudioAED 1.15M · May 2018
1007StudioAED 990K · Feb 2026
1008StudioAED 1.29M · Nov 2022
1–7 of 32

1005, The One Hotel in numbers

  • Sold twice: first on 13 February 2018 for AED 1,850,000, last on 3 July 2023 for AED 1,800,000 (AED 3,008 per sqft).
  • One-beds in The One Hotel sold for AED 1,630,000–1,711,650 in the 12 months to November 2026; the building's median across all types is AED 4,478 per sqft.

Source: Dubai Land Department. Updated 3 July 2023.

Questions about 1005, The One Hotel

What did unit 1005 last sell for?

AED 1,800,000 on 3 July 2023: AED 3,008 per sqft for 598 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in February 2018.

How big is unit 1005?

598 sqft (55.6 sqm): a one-bedroom hotel apartment on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The One Hotel sold for AED 1,630,000 to 1,711,650 in the last 12 months, around AED 2,695 per sqft.

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Mortgage on 1005, The One Hotel

Starts from the last sale price (AED 1.8M, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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