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Studio · 321 sqftThe One Hotel, Business Bay · 4th floor · completed 2019

423, The One Hotel

Sold prices and rental history: sold 4 times, last in April 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 1.7M7 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, The One Hotel

What is 423 worth today?

Last sold for AED 1,695,000 in 2026

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7 Apr 2026SoldReady
AED 1,695,000AED 5,275 per sqft
16 Dec 2025SoldReady
AED 1,435,000AED 4,466 per sqft
31 Jul 2024SoldReady
AED 1,435,000AED 4,466 per sqft
10 Dec 2023Sold by developerReady
AED 1,453,325AED 4,523 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
Studio hotel apartment
Size
321 sqft
Floor
4th of 16
Parking
EU 0
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.7M · April 2026
Building
The One Hotel

About 423, The One Hotel

423 is a studio of 321 sqft on the 4th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 7 April 2026 for AED 1,695,000, or AED 5,275 per sqft, 15% above the AED 4,605 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical studio in The One Hotel
1.4M1.6M2017202020232026Typical 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, December 2023: AED 1,453,325 (AED 4,523 per sqft)Sold, July 2024: AED 1,435,000 (AED 4,466 per sqft)Sold, December 2025: AED 1,435,000 (AED 4,466 per sqft)Sold, April 2026: AED 1,695,000 (AED 5,275 per sqft)

423 has sold 4 times; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 423 sits

All 448 studios →

423 last sold in April 2026 at AED 5,275 per sqft, 15% above what studios in The One Hotel were fetching at the time (AED 4,605). 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
406StudioAED 1.5M · Mar 2022
407StudioAED 1.4M · Jul 2017
1–7 of 32

423, The One Hotel in numbers

  • Sold 4 times: first on 10 December 2023 for AED 1,453,325, last on 7 April 2026 for AED 1,695,000 (AED 5,275 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 7 April 2026.

Questions about 423, The One Hotel

What did unit 423 last sell for?

AED 1,695,000 on 7 April 2026: AED 5,275 per sqft for 321 sqft. The unit has 4 registered sales; the first was AED 1,453,325 in December 2023.

How big is unit 423?

321 sqft (29.8 sqm): a studio on the 4th floor of a 16-storey tower completed in 2019.

What is unit 423 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 423, The One Hotel

Starts from the last sale price (AED 1.7M, 7 April 2026). 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 →