Home
Dubai prices
About
Research
1-bed · 598 sqftThe One Hotel, Business Bay · 5th floor · completed 2019

505, The One Hotel

Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 14 October 2019
Last soldAED 1.5M14 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 505

Property timeline for 505, The One Hotel

What is 505 worth today?

Last sold for AED 1,500,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Oct 2019Sold by developerOff-plan
AED 1,500,000AED 2,507 per sqft

Source: Dubai Land Department. Updated 14 October 2019.

Key facts

Type
1-bed hotel apartment
Size
598 sqft
Floor
5th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.5M · October 2019
Building
The One Hotel

About 505, The One Hotel

505 is a one-bedroom hotel apartment of 598 sqft on the 5th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 14 October 2019 for AED 1,500,000, or AED 2,507 per sqft, in line with the AED 2,507 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, October 2019: AED 1,500,000 (AED 2,507 per sqft)

505 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 505 sits

All 43 1-beds →

505 last sold in October 2019 at AED 2,507 per sqft, in line with what one-beds in The One Hotel were fetching at the time (AED 2,507). 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 5th floor

All 490 units in The One Hotel
Value
501StudioAED 1.53M · Jul 2017
502StudioAED 500K · Dec 2020
503StudioAED 1.45M · Feb 2021
5041-bedAED 1.83M · Jul 2017
506StudioAED 1.34M · Feb 2021
507StudioAED 1.25M · Jun 2018
508StudioAED 1.52M · Aug 2021
1–7 of 32

505, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 14 October 2019 for AED 1,500,000, or AED 2,507 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 14 October 2019.

Questions about 505, The One Hotel

What did unit 505 last sell for?

AED 1,500,000 on 14 October 2019, sold by the developer: AED 2,507 per sqft for 598 sqft. It is the only registered sale of the unit.

How big is unit 505?

598 sqft (55.6 sqm): a one-bedroom hotel apartment on the 5th floor of a 16-storey tower completed in 2019.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, The One Hotel

Starts from the last sale price (AED 1.5M, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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