2-bed · 1,029 sqftArmani Residences Burj Khalifa, Downtown Dubai · 10th floor · completed 2010

1011, Armani Residences Burj Khalifa

Sold prices and rental history: sold twice, last in April 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 21 April 2015
Last soldAED 5.14M21 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Armani Residences Burj Khalifa

What is 1011 worth today?

Last sold for AED 5,138,444 in 2015

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21 Apr 2015SoldReady
AED 5,138,444AED 4,993 per sqft
6 Mar 2014Sold by developerReady
AED 10,276,888AED 4,993 per sqft

Source: Dubai Land Department. Updated 21 April 2015.

Key facts

Type
2-bed apartment
Size
1,029 sqft
Floor
10th of 16
Parking
B2-8277,B2-8276
Developer
Emaar
Completed
2010
Last sold
AED 5.14M · April 2015

About 1011, Armani Residences Burj Khalifa

1011 is a two-bedroom apartment of 1,029 sqft on the 10th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 21 April 2015 for AED 5,138,444, or AED 4,993 per sqft, 8% below the AED 5,416 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Armani Residences Burj Khalifa
5M10M15M2011201520192023Typical sale price by year: 2011 AED 16,000,000; 2012 AED 10,770,888; 2013 AED 10,992,888; 2014 AED 10,723,388; 2015 AED 9,990,235; 2016 AED 10,565,944; 2021 AED 6,970,624; 2022 AED 7,900,000; 2023 AED 8,250,000; 2024 AED 10,375,000; 2025 AED 7,650,000Sold by developer, March 2014: AED 10,276,888 (AED 4,993 per sqft)Sold, April 2015: AED 5,138,444 (AED 4,993 per sqft)

1011 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in Armani Residences Burj Khalifa
400K600K20152018202120242027Typical rent by year: 2015 AED 580,000; 2016 AED 490,000; 2017 AED 375,000; 2018 AED 370,000; 2019 AED 342,000; 2020 AED 300,000; 2021 AED 350,000; 2022 AED 500,000; 2023 AED 475,000; 2024 AED 500,000; 2025 AED 445,571; 2026 AED 450,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Armani Residences Burj Khalifa, and where 1011 sits

All 48 2-beds →

1011 last sold in April 2015 at AED 4,993 per sqft, 8% below what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,416). Over the last 12 months two-beds sold for AED 7,300,000 to 10,300,000, around AED 4,277 per sqft, and rent for AED 300,000 to 750,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20269,300,000
30 Jan 202610,300,000
26 Nov 20257,300,000
19 Sep 20259,500,000
3 2-bed sales in the last 12 months

Armani Residences Burj Khalifa

Building

144 apartments, 1-bed to 2-bed over 16 floors in Downtown Dubai, completed in 2010 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 3,097 Down 4.4%
Typical sale
AED 3.25M
Typical rent
AED 220K /yr
Typical yield
6.2%
Armani Residences Burj Khalifa, Downtown Dubai: prices, sales and rents →
Value
10011-bedAED 3.2M · Nov 2025
10021-bedAED 3.98M · Sep 2026
10031-bedAED 6.36M · Dec 2014
10042-bedAED 8M · Oct 2022
10051-bedAED 6.86M · Mar 2013
10062-bedAED 8.75M · Dec 2024
10072-bedAED 7.9M · Jan 2022
1–7 of 17

1011, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 6 March 2014 for AED 10,276,888, last on 21 April 2015 for AED 5,138,444 (AED 4,993 per sqft).
  • Two-beds in Armani Residences Burj Khalifa sold for AED 7,300,000–10,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,097 per sqft.

Source: Dubai Land Department. Updated 21 April 2015.

Questions about 1011, Armani Residences Burj Khalifa

What did unit 1011 last sell for?

AED 5,138,444 on 21 April 2015: AED 4,993 per sqft for 1,029 sqft. The unit has 2 registered sales; the first was AED 10,276,888 in March 2014.

How big is unit 1011?

1,029 sqft (95.6 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2010.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Armani Residences Burj Khalifa sold for AED 7,300,000 to 10,300,000 in the last 12 months, around AED 4,277 per sqft.

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Mortgage on 1011, Armani Residences Burj Khalifa

Starts from the last sale price (AED 5.14M, 21 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,138,444
Deposit, UAE resident (20%)
AED 1,027,689
Deposit, non-resident (40%)
AED 2,055,378
Monthly over 25 years at 3.7%
AED 21,023

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