Home
Dubai prices
About
Research
Studio · 321 sqftThe One Hotel, Business Bay · 10th floor · completed 2019

1023, The One Hotel

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

Unit 1023 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 1.29M3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1023

Property timeline for 1023, The One Hotel

What is 1023 worth today?

Last sold for AED 1,291,500 in 2022

Unlock today's estimate, updated daily, with

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

3 Nov 2022Sold by developerOff-plan
AED 1,291,500AED 4,019 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
Studio hotel apartment
Size
321 sqft
Floor
10th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.29M · November 2022
Building
The One Hotel

About 1023, The One Hotel

1023 is a studio of 321 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 3 November 2022 for AED 1,291,500, or AED 4,019 per sqft, 7% below the AED 4,302 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1023 over time

Sales
Unit 1023, each saleTypical studio in The One Hotel
1.3M1.4M1.5M2017202020232026Typical sale price by year: 2017 AED 1,495,000; 2018 AED 1,413,000; 2019 AED 1,458,351; 2020 AED 1,413,000; 2021 AED 1,449,650; 2022 AED 1,380,000; 2023 AED 1,291,500; 2024 AED 1,372,473; 2025 AED 1,493,000; 2026 AED 1,442,935Sold by developer, November 2022: AED 1,291,500 (AED 4,019 per sqft)

1023 has sold once; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 1023 sits

All 448 studios →

1023 last sold in November 2022 at AED 4,019 per sqft, 7% below what studios in The One Hotel were fetching at the time (AED 4,302). Over the last 12 months studios sold for AED 851,560 to 1,710,000, around AED 4,547 per sqft.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 20261,550,000
22 Oct 20261,435,000
22 Oct 20261,527,950
15 Oct 20261,401,450
25 studio 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

1023, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 3 November 2022 for AED 1,291,500, or AED 4,019 per sqft.
  • Studios in The One Hotel sold for AED 851,560–1,710,000 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 November 2022.

Questions about 1023, The One Hotel

What did unit 1023 last sell for?

AED 1,291,500 on 3 November 2022, sold by the developer: AED 4,019 per sqft for 321 sqft. It is the only registered sale of the unit.

How big is unit 1023?

321 sqft (29.8 sqm): a studio on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The One Hotel sold for AED 851,560 to 1,710,000 in the last 12 months, around AED 4,547 per sqft.

Selling 1023? 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 1023, The One Hotel

Starts from the last sale price (AED 1.29M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,291,500
Deposit, UAE resident (20%)
AED 258,300
Deposit, non-resident (40%)
AED 516,600
Monthly over 25 years at 3.7%
AED 5,284

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