Studio · 321 sqftThe One Hotel, Business Bay · 8th floor · completed 2019

823, The One Hotel

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 823 · DLD and Ejari recordsUpdated 2 August 2023
Last soldAED 1.29M2 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 823, The One Hotel

What is 823 worth today?

Last sold for AED 1,291,500 in 2023

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2 Aug 2023SoldReady
AED 1,291,500AED 4,019 per sqft
20 Apr 2020Sold by developerOff-plan
AED 1,275,000AED 4,035 per sqft

Source: Dubai Land Department. Updated 2 August 2023.

Key facts

Type
Studio hotel apartment
Size
321 sqft
Floor
8th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.29M · August 2023

About 823, The One Hotel

823 is a studio of 321 sqft on the 8th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 2 August 2023 for AED 1,291,500, or AED 4,019 per sqft, in line with the AED 3,975 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 823 over time

Sales
Unit 823, 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, April 2020: AED 1,275,000 (AED 4,035 per sqft)Sold, August 2023: AED 1,291,500 (AED 4,019 per sqft)

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

Studios in The One Hotel, and where 823 sits

All 448 studios →

823 last sold in August 2023 at AED 4,019 per sqft, in line with what studios in The One Hotel were fetching at the time (AED 3,975). 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 8th floor

All 490 units in The One Hotel
Value
801StudioAED 1.47M · Mar 2024
802StudioAED 1.4M · Mar 2022
803StudioAED 1.5M · Mar 2025
8041-bedAED 1.62M · Nov 2020
8051-bedAED 1.68M · Jan 2018
806StudioAED 1.28M · Feb 2021
807StudioAED 1.5M · Jul 2018
1–7 of 32

823, The One Hotel in numbers

  • Sold twice: first on 20 April 2020 for AED 1,275,000, last on 2 August 2023 for AED 1,291,500 (AED 4,019 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 2 August 2023.

Questions about 823, The One Hotel

What did unit 823 last sell for?

AED 1,291,500 on 2 August 2023: AED 4,019 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 1,275,000 in April 2020.

How big is unit 823?

321 sqft (29.8 sqm): a studio on the 8th floor of a 16-storey tower completed in 2019.

What is unit 823 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 823, The One Hotel

Starts from the last sale price (AED 1.29M, 2 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,291,500
Deposit, UAE resident (20%)
AED 258,300
Deposit, non-resident (40%)
AED 516,600
Monthly over 25 years at 3.7%
AED 5,284

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