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1-bed · 629 sqftThe One Hotel, Business Bay · 4th floor · completed 2019

422, The One Hotel

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

Unit 422 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 1.7M20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 422, The One Hotel

What is 422 worth today?

Last sold for AED 1,700,000 in 2021

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20 Jun 2021Sold by developerOff-plan
AED 1,700,000AED 2,703 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
1-bed hotel apartment
Size
629 sqft
Floor
4th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.7M · June 2021
Building
The One Hotel

About 422, The One Hotel

422 is a one-bedroom hotel apartment of 629 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 20 June 2021 for AED 1,700,000, or AED 2,703 per sqft, in line with the AED 2,684 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 422 over time

Sales
Unit 422, 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, June 2021: AED 1,700,000 (AED 2,703 per sqft)

422 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 422 sits

All 43 1-beds →

422 last sold in June 2021 at AED 2,703 per sqft, in line with what one-beds in The One Hotel were fetching at the time (AED 2,684). 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
4051-bedAED 1.7M · May 2023
406StudioAED 1.5M · Mar 2022
407StudioAED 1.4M · Jul 2017
1–7 of 32

422, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 20 June 2021 for AED 1,700,000, or AED 2,703 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 20 June 2021.

Questions about 422, The One Hotel

What did unit 422 last sell for?

AED 1,700,000 on 20 June 2021, sold by the developer: AED 2,703 per sqft for 629 sqft. It is the only registered sale of the unit.

How big is unit 422?

629 sqft (58.4 sqm): a one-bedroom hotel apartment on the 4th floor of a 16-storey tower completed in 2019.

What is unit 422 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 422, The One Hotel

Starts from the last sale price (AED 1.7M, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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