Studio · 325 sqftThe One Hotel, Business Bay · 3rd floor · completed 2019

324, The One Hotel

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 791K11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, The One Hotel

What is 324 worth today?

Last sold for AED 791,000 in 2024

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11 Jul 2024SoldReady
AED 791,000AED 2,436 per sqft
17 Feb 2020Sold by developerOff-plan
AED 1,258,928AED 3,877 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
Studio hotel apartment
Size
325 sqft
Floor
3rd of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 791K · July 2024

About 324, The One Hotel

324 is a studio of 325 sqft on the 3rd floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 11 July 2024 for AED 791,000, or AED 2,436 per sqft, 40% below the AED 4,037 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 324 over time

Sales
Unit 324, each saleTypical studio in The One Hotel
1M1.5M2017202020232026Typical 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, February 2020: AED 1,258,928 (AED 3,877 per sqft)Sold, July 2024: AED 791,000 (AED 2,436 per sqft)

324 has sold twice; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 324 sits

All 448 studios →

324 last sold in July 2024 at AED 2,436 per sqft, 40% below what studios in The One Hotel were fetching at the time (AED 4,037). 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 3rd floor

All 490 units in The One Hotel
Value
301StudioAED 1.28M · Jul 2021
302StudioAED 1.29M · Dec 2023
303StudioAED 1.53M · Dec 2017
3041-bedAED 1.7M · May 2026
3051-bedAED 1.4M · Mar 2022
306StudioAED 1.45M · Oct 2024
307StudioAED 1.54M · Mar 2022
1–7 of 32

324, The One Hotel in numbers

  • Sold twice: first on 17 February 2020 for AED 1,258,928, last on 11 July 2024 for AED 791,000 (AED 2,436 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 11 July 2024.

Questions about 324, The One Hotel

What did unit 324 last sell for?

AED 791,000 on 11 July 2024: AED 2,436 per sqft for 325 sqft. The unit has 2 registered sales; the first was AED 1,258,928 in February 2020.

How big is unit 324?

325 sqft (30.2 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2019.

What is unit 324 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 324, The One Hotel

Starts from the last sale price (AED 791K, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 791,000
Deposit, UAE resident (20%)
AED 158,200
Deposit, non-resident (40%)
AED 316,400
Monthly over 25 years at 3.7%
AED 3,236

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