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1-bed · 598 sqftThe One Hotel, Business Bay · 4th floor · completed 2019

405, The One Hotel

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

Unit 405 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 1.7M12 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, The One Hotel

What is 405 worth today?

Last sold for AED 1,695,000 in 2023

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12 May 2023Sold by developerReady
AED 1,695,000AED 2,833 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
1-bed hotel apartment
Size
598 sqft
Floor
4th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.7M · May 2023
Building
The One Hotel

About 405, The One Hotel

405 is a one-bedroom hotel apartment of 598 sqft on the 4th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 12 May 2023 for AED 1,695,000, or AED 2,833 per sqft, in line with the AED 2,833 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, May 2023: AED 1,695,000 (AED 2,833 per sqft)

405 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 405 sits

All 43 1-beds →

405 last sold in May 2023 at AED 2,833 per sqft, in line with what one-beds in The One Hotel were fetching at the time (AED 2,833). 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 4th floor

All 490 units in The One Hotel
Value
401StudioAED 1.4M · Feb 2021
402StudioAED 1.28M · Jun 2018
403StudioAED 1.47M · Mar 2022
4041-bedAED 1.68M · Jul 2020
406StudioAED 1.5M · Mar 2022
407StudioAED 1.4M · Jul 2017
408StudioAED 1.21M · Dec 2024
1–7 of 32

405, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 12 May 2023 for AED 1,695,000, or AED 2,833 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 12 May 2023.

Questions about 405, The One Hotel

What did unit 405 last sell for?

AED 1,695,000 on 12 May 2023, sold by the developer: AED 2,833 per sqft for 598 sqft. It is the only registered sale of the unit.

How big is unit 405?

598 sqft (55.6 sqm): a one-bedroom hotel apartment on the 4th floor of a 16-storey tower completed in 2019.

What is unit 405 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 405, The One Hotel

Starts from the last sale price (AED 1.7M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,695,000
Deposit, UAE resident (20%)
AED 339,000
Deposit, non-resident (40%)
AED 678,000
Monthly over 25 years at 3.7%
AED 6,935

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