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1-bed · 628 sqftThe One Hotel, Business Bay · 2nd floor · completed 2019

204, The One Hotel

Sold prices and rental history: sold once, by the developer in July 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 27 July 2021
Last soldAED 1.41M27 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, The One Hotel

What is 204 worth today?

Last sold for AED 1,405,608 in 2021

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27 Jul 2021Sold by developerOff-plan
AED 1,405,608AED 2,238 per sqft

Source: Dubai Land Department. Updated 27 July 2021.

Key facts

Type
1-bed hotel apartment
Size
628 sqft
Floor
2nd of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.41M · July 2021
Building
The One Hotel

About 204, The One Hotel

204 is a one-bedroom hotel apartment of 628 sqft on the 2nd floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 27 July 2021 for AED 1,405,608, or AED 2,238 per sqft, 16% below the AED 2,664 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in The One Hotel
1.5M1.75M2017202020232026Typical 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, July 2021: AED 1,405,608 (AED 2,238 per sqft)

204 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 204 sits

All 43 1-beds →

204 last sold in July 2021 at AED 2,238 per sqft, 16% below what one-beds in The One Hotel were fetching at the time (AED 2,664). 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 2nd floor

All 490 units in The One Hotel
Value
201StudioAED 1.29M · Oct 2023
202StudioAED 1.6M · Apr 2019
203StudioAED 1.22M · Mar 2022
2051-bedAED 1.6M · Jul 2019
206StudioAED 1.5M · Jun 2021
207StudioAED 1.49M · Feb 2021
208StudioAED 1.29M · Dec 2022
1–7 of 32

204, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 27 July 2021 for AED 1,405,608, or AED 2,238 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 27 July 2021.

Questions about 204, The One Hotel

What did unit 204 last sell for?

AED 1,405,608 on 27 July 2021, sold by the developer: AED 2,238 per sqft for 628 sqft. It is the only registered sale of the unit.

How big is unit 204?

628 sqft (58.3 sqm): a one-bedroom hotel apartment on the 2nd floor of a 16-storey tower completed in 2019.

What is unit 204 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 204, The One Hotel

Starts from the last sale price (AED 1.41M, 27 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,405,608
Deposit, UAE resident (20%)
AED 281,122
Deposit, non-resident (40%)
AED 562,243
Monthly over 25 years at 3.7%
AED 5,751

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