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Studio · 325 sqftThe One Hotel, Business Bay · 7th floor · completed 2019

711, The One Hotel

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 1.47M28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 711, The One Hotel

What is 711 worth today?

Last sold for AED 1,465,000 in 2024

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28 Mar 2024SoldReady
AED 1,465,000AED 4,509 per sqft
24 May 2017Sold by developerOff-plan
AED 1,500,000AED 4,617 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
Studio hotel apartment
Size
325 sqft
Floor
7th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.47M · March 2024
Building
The One Hotel

About 711, The One Hotel

711 is a studio of 325 sqft on the 7th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 28 March 2024 for AED 1,465,000, or AED 4,509 per sqft, 13% above the AED 3,977 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 711 over time

Sales
Unit 711, 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, May 2017: AED 1,500,000 (AED 4,617 per sqft)Sold, March 2024: AED 1,465,000 (AED 4,509 per sqft)

711 has sold twice; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 711 sits

All 448 studios →

711 last sold in March 2024 at AED 4,509 per sqft, 13% above what studios in The One Hotel were fetching at the time (AED 3,977). 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 7th floor

All 490 units in The One Hotel
Value
701StudioAED 1.4M · Mar 2022
702StudioAED 1.4M · Sep 2018
703StudioAED 500K · Dec 2020
7041-bedAED 1.32M · Mar 2023
7051-bedAED 1.68M · Nov 2019
706StudioAED 1.3M · Jul 2017
707StudioAED 1.62M · May 2017
1–7 of 32

711, The One Hotel in numbers

  • Sold twice: first on 24 May 2017 for AED 1,500,000, last on 28 March 2024 for AED 1,465,000 (AED 4,509 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 28 March 2024.

Questions about 711, The One Hotel

What did unit 711 last sell for?

AED 1,465,000 on 28 March 2024: AED 4,509 per sqft for 325 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in May 2017.

How big is unit 711?

325 sqft (30.2 sqm): a studio on the 7th floor of a 16-storey tower completed in 2019.

What is unit 711 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 711, The One Hotel

Starts from the last sale price (AED 1.47M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,465,000
Deposit, UAE resident (20%)
AED 293,000
Deposit, non-resident (40%)
AED 586,000
Monthly over 25 years at 3.7%
AED 5,994

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