1-bed · 629 sqftThe One Hotel, Business Bay · 2nd floor · completed 2019

222, The One Hotel

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

Unit 222 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.9M1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 222, The One Hotel

What is 222 worth today?

Last sold for AED 1,900,000 in 2022

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1 Sep 2022Sold by developerOff-plan
AED 1,900,000AED 3,021 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
1-bed hotel apartment
Size
629 sqft
Floor
2nd of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.9M · September 2022

About 222, The One Hotel

222 is a one-bedroom hotel apartment of 629 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 1 September 2022 for AED 1,900,000, or AED 3,021 per sqft, 9% above the AED 2,768 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 222 over time

Sales
Unit 222, each saleTypical one-bed in The One Hotel
1.6M1.8M2017202020232026Typical 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, September 2022: AED 1,900,000 (AED 3,021 per sqft)

222 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 222 sits

All 43 1-beds →

222 last sold in September 2022 at AED 3,021 per sqft, 9% above what one-beds in The One Hotel were fetching at the time (AED 2,768). 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
2041-bedAED 1.41M · Jul 2021
2051-bedAED 1.6M · Jul 2019
206StudioAED 1.5M · Jun 2021
207StudioAED 1.49M · Feb 2021
1–7 of 32

222, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 1 September 2022 for AED 1,900,000, or AED 3,021 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 1 September 2022.

Questions about 222, The One Hotel

What did unit 222 last sell for?

AED 1,900,000 on 1 September 2022, sold by the developer: AED 3,021 per sqft for 629 sqft. It is the only registered sale of the unit.

How big is unit 222?

629 sqft (58.4 sqm): a one-bedroom hotel apartment on the 2nd floor of a 16-storey tower completed in 2019.

What is unit 222 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 222, The One Hotel

Starts from the last sale price (AED 1.9M, 1 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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