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1-bed · 629 sqftThe One Hotel, Business Bay · 10th floor · completed 2019

1022, The One Hotel

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1022 · DLD and Ejari recordsUpdated 25 November 2019
Last soldAED 1.8M25 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1022, The One Hotel

What is 1022 worth today?

Last sold for AED 1,800,000 in 2019

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25 Nov 2019Sold by developerOff-plan
AED 1,800,000AED 2,862 per sqft

Source: Dubai Land Department. Updated 25 November 2019.

Key facts

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

About 1022, The One Hotel

1022 is a one-bedroom hotel apartment of 629 sqft on the 10th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 25 November 2019 for AED 1,800,000, or AED 2,862 per sqft, 11% above the AED 2,568 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1022 over time

Sales
Unit 1022, 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, November 2019: AED 1,800,000 (AED 2,862 per sqft)

1022 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in The One Hotel, and where 1022 sits

All 43 1-beds →

1022 last sold in November 2019 at AED 2,862 per sqft, 11% above what one-beds in The One Hotel were fetching at the time (AED 2,568). 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
10051-bedAED 1.8M · Jul 2023
1006StudioAED 1.15M · May 2018
1007StudioAED 990K · Feb 2026
1–7 of 32

1022, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 25 November 2019 for AED 1,800,000, or AED 2,862 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 25 November 2019.

Questions about 1022, The One Hotel

What did unit 1022 last sell for?

AED 1,800,000 on 25 November 2019, sold by the developer: AED 2,862 per sqft for 629 sqft. It is the only registered sale of the unit.

How big is unit 1022?

629 sqft (58.4 sqm): a one-bedroom hotel apartment on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1022 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 1022, The One Hotel

Starts from the last sale price (AED 1.8M, 25 November 2019). 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 →