Studio · 325 sqftThe One Hotel, Business Bay · 16th floor · completed 2019

1631, The One Hotel

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1631 · DLD and Ejari recordsUpdated 29 March 2023
Last soldAED 1.53M29 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1631, The One Hotel

What is 1631 worth today?

Last sold for AED 1,534,260 in 2023

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29 Mar 2023Sold by developerReady
AED 1,534,260AED 4,722 per sqft

Source: Dubai Land Department. Updated 29 March 2023.

Key facts

Type
Studio hotel apartment
Size
325 sqft
Floor
16th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.53M · March 2023

About 1631, The One Hotel

1631 is a studio of 325 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 29 March 2023 for AED 1,534,260, or AED 4,722 per sqft, 19% above the AED 3,975 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1631 over time

Sales
Unit 1631, each saleTypical studio in The One Hotel
1.4M2017202020232026Typical 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, March 2023: AED 1,534,260 (AED 4,722 per sqft)

1631 has sold once; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 1631 sits

All 448 studios →

1631 last sold in March 2023 at AED 4,722 per sqft, 19% above what studios in The One Hotel were fetching at the time (AED 3,975). 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

1631, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 29 March 2023 for AED 1,534,260, or AED 4,722 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 29 March 2023.

Questions about 1631, The One Hotel

What did unit 1631 last sell for?

AED 1,534,260 on 29 March 2023, sold by the developer: AED 4,722 per sqft for 325 sqft. It is the only registered sale of the unit.

How big is unit 1631?

325 sqft (30.2 sqm): a studio on the 16th floor of a 16-storey tower completed in 2019.

What is unit 1631 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 1631, The One Hotel

Starts from the last sale price (AED 1.53M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,534,260
Deposit, UAE resident (20%)
AED 306,852
Deposit, non-resident (40%)
AED 613,704
Monthly over 25 years at 3.7%
AED 6,277

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