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Studio · 331 sqftThe One Hotel, Business Bay · 4th floor · completed 2019

406, The One Hotel

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

Unit 406 · DLD and Ejari recordsUpdated 24 March 2022
Last soldAED 1.5M24 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, The One Hotel

What is 406 worth today?

Last sold for AED 1,495,000 in 2022

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24 Mar 2022Sold by developerOff-plan
AED 1,495,000AED 4,510 per sqft

Source: Dubai Land Department. Updated 24 March 2022.

Key facts

Type
Studio hotel apartment
Size
331 sqft
Floor
4th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.5M · March 2022
Building
The One Hotel

About 406, The One Hotel

406 is a studio of 331 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 24 March 2022 for AED 1,495,000, or AED 4,510 per sqft, in line with the AED 4,511 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in The One Hotel
1.3M1.4M1.5M2017202020232026Typical 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, March 2022: AED 1,495,000 (AED 4,510 per sqft)

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

Studios in The One Hotel, and where 406 sits

All 448 studios →

406 last sold in March 2022 at AED 4,510 per sqft, in line with what studios in The One Hotel were fetching at the time (AED 4,511). 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 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
4051-bedAED 1.7M · May 2023
407StudioAED 1.4M · Jul 2017
408StudioAED 1.21M · Dec 2024
1–7 of 32

406, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 24 March 2022 for AED 1,495,000, or AED 4,510 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 24 March 2022.

Questions about 406, The One Hotel

What did unit 406 last sell for?

AED 1,495,000 on 24 March 2022, sold by the developer: AED 4,510 per sqft for 331 sqft. It is the only registered sale of the unit.

How big is unit 406?

331 sqft (30.8 sqm): a studio on the 4th floor of a 16-storey tower completed in 2019.

What is unit 406 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 406, The One Hotel

Starts from the last sale price (AED 1.5M, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,000
Deposit, UAE resident (20%)
AED 299,000
Deposit, non-resident (40%)
AED 598,000
Monthly over 25 years at 3.7%
AED 6,117

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