Studio · 320 sqftThe One Hotel, Business Bay · 16th floor · completed 2019

1627, The One Hotel

Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1627 · DLD and Ejari recordsUpdated 14 February 2018
Last soldAED 1.2M14 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1627, The One Hotel

What is 1627 worth today?

Last sold for AED 1,200,000 in 2018

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14 Feb 2018Sold by developerOff-plan
AED 1,200,000AED 3,751 per sqft

Source: Dubai Land Department. Updated 14 February 2018.

Key facts

Type
Studio hotel apartment
Size
320 sqft
Floor
16th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.2M · February 2018

About 1627, The One Hotel

1627 is a studio of 320 sqft on the 16th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 14 February 2018 for AED 1,200,000, or AED 3,751 per sqft, 18% below the AED 4,602 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1627 over time

Sales
Unit 1627, each saleTypical studio in The One Hotel
1.2M1.4M2017202020232026Typical 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, February 2018: AED 1,200,000 (AED 3,751 per sqft)

1627 has sold once; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 1627 sits

All 448 studios →

1627 last sold in February 2018 at AED 3,751 per sqft, 18% below what studios in The One Hotel were fetching at the time (AED 4,602). 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 16th floor

All 490 units in The One Hotel
Value
1601StudioAED 1.43M · Jan 2019
1602StudioAED 1.25M · Mar 2020
1606StudioAED 1.3M · May 2019
1607StudioAED 1.56M · Jul 2017
1608StudioAED 1.56M · Jul 2017
1609StudioAED 1.44M · Mar 2021
1610StudioAED 1.3M · Nov 2017
1–7 of 29

1627, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 14 February 2018 for AED 1,200,000, or AED 3,751 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 14 February 2018.

Questions about 1627, The One Hotel

What did unit 1627 last sell for?

AED 1,200,000 on 14 February 2018, sold by the developer: AED 3,751 per sqft for 320 sqft. It is the only registered sale of the unit.

How big is unit 1627?

320 sqft (29.7 sqm): a studio on the 16th floor of a 16-storey tower completed in 2019.

What is unit 1627 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 1627, The One Hotel

Starts from the last sale price (AED 1.2M, 14 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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