Studio · 316 sqftThe One Hotel, Business Bay · 12th floor · completed 2019

1223, The One Hotel

Sold prices and rental history: sold once, by the developer in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1223 · DLD and Ejari recordsUpdated 18 November 2020
Last soldAED 1.41M18 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1223, The One Hotel

What is 1223 worth today?

Last sold for AED 1,411,025 in 2020

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18 Nov 2020Sold by developerOff-plan
AED 1,411,025AED 4,466 per sqft

Source: Dubai Land Department. Updated 18 November 2020.

Key facts

Type
Studio hotel apartment
Size
316 sqft
Floor
12th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.41M · November 2020

About 1223, The One Hotel

1223 is a studio of 316 sqft on the 12th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 18 November 2020 for AED 1,411,025, or AED 4,466 per sqft, in line with the AED 4,365 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1223 over time

Sales
Unit 1223, 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 2020: AED 1,411,025 (AED 4,466 per sqft)

1223 has sold once; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 1223 sits

All 448 studios →

1223 last sold in November 2020 at AED 4,466 per sqft, in line with what studios in The One Hotel were fetching at the time (AED 4,365). 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 12th floor

All 490 units in The One Hotel
Value
1201StudioAED 1.6M · Apr 2018
1202StudioAED 1.29M · Aug 2023
1203StudioAED 1.36M · Dec 2023
12041-bedAED 1.71M · Apr 2026
12051-bedAED 1.58M · Dec 2020
1206StudioAED 1.29M · Nov 2023
1207StudioAED 1.29M · Nov 2023
1–7 of 32

1223, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 18 November 2020 for AED 1,411,025, or AED 4,466 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 18 November 2020.

Questions about 1223, The One Hotel

What did unit 1223 last sell for?

AED 1,411,025 on 18 November 2020, sold by the developer: AED 4,466 per sqft for 316 sqft. It is the only registered sale of the unit.

How big is unit 1223?

316 sqft (29.4 sqm): a studio on the 12th floor of a 16-storey tower completed in 2019.

What is unit 1223 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.

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Mortgage on 1223, The One Hotel

Starts from the last sale price (AED 1.41M, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,411,025
Deposit, UAE resident (20%)
AED 282,205
Deposit, non-resident (40%)
AED 564,410
Monthly over 25 years at 3.7%
AED 5,773

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