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1-bed · 1,051 sqftArmani Residences Burj Khalifa, Downtown Dubai · 10th floor · completed 2010

1015, Armani Residences Burj Khalifa

Sold prices and rental history: sold 5 times, last in December 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 9 December 2021
Last soldAED 2.2M9 December 2021
Current rentAED 145K /yr19 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1015, Armani Residences Burj Khalifa

What is 1015 worth today?

Last sold for AED 2,200,000 in 2021

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9 Dec 2021SoldReady
AED 2,200,000AED 2,094 per sqft
11 Jan 2021SoldReady
AED 2,100,000AED 1,998 per sqft
8 Dec 2020SoldReady
AED 2,100,000AED 1,998 per sqft
19 Nov 2019RentedRenewal
AED 144,598/yr12 months · AED 137 per sqft
19 Nov 2018RentedNew contract
AED 165,000/yr12 months · AED 156 per sqft
30 Jul 2017SoldReady
AED 4,500,000AED 4,283 per sqft
5 Jul 2017Sold by developerReady · flagged as an outlier
AED 9,513,888AED 9,055 per sqft

Source: Dubai Land Department. Updated 9 December 2021.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
10th of 16
Parking
B2-8237
Developer
Emaar
Completed
2010
Last sold
AED 2.2M · December 2021
Building
Armani Residences Burj Khalifa

About 1015, Armani Residences Burj Khalifa

1015 is a one-bedroom apartment of 1,051 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 9 December 2021 for AED 2,200,000, or AED 2,094 per sqft, 13% below the AED 2,415 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 19 November 2019, is AED 144,598 a year: a gross yield of 6.6% on the 2021 price.

Sales and rents for 1015 over time

Sales
Unit 1015, each saleTypical one-bed in Armani Residences Burj Khalifa
2.5M5M7.5M20112015201920232027Typical sale price by year: 2011 AED 6,150,000; 2013 AED 6,817,617; 2014 AED 5,635,757; 2015 AED 5,720,282; 2016 AED 6,000,000; 2017 AED 3,850,000; 2018 AED 2,350,000; 2019 AED 2,550,000; 2020 AED 2,200,000; 2021 AED 2,500,000; 2022 AED 4,030,980; 2023 AED 4,327,447; 2024 AED 3,522,500; 2025 AED 3,150,000; 2026 AED 3,000,000Sold, July 2017: AED 4,500,000 (AED 4,283 per sqft)Sold, December 2020: AED 2,100,000 (AED 1,998 per sqft)Sold, January 2021: AED 2,100,000 (AED 1,998 per sqft)Sold, December 2021: AED 2,200,000 (AED 2,094 per sqft)

1015 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1015, each contractTypical one-bed in Armani Residences Burj Khalifa
150K200K20152018202120242027Typical rent by year: 2015 AED 222,500; 2016 AED 214,361; 2017 AED 200,000; 2018 AED 160,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 147,500; 2022 AED 182,500; 2023 AED 203,041; 2024 AED 220,000; 2025 AED 230,000; 2026 AED 202,500New contract, November 2018: AED 165,000 a yearRenewal, November 2019: AED 144,598 a year

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

1-beds in Armani Residences Burj Khalifa, and where 1015 sits

All 96 1-beds →

1015 last sold in December 2021 at AED 2,094 per sqft, 13% below what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 2,415). Over the last 12 months one-beds sold for AED 2,500,000 to 4,700,000, around AED 3,058 per sqft, and rent for AED 150,000 to 300,000 a year. 1015's AED 144,598 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20263,000,000
4 Sep 20263,981,888
10 Aug 20262,500,000
14 May 20264,700,000
8 1-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 →

Other units on the 10th floor

All 144 units in Armani Residences Burj Khalifa
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

1015, Armani Residences Burj Khalifa in numbers

  • Sold 5 times: first on 5 July 2017 for AED 9,513,888, last on 9 December 2021 for AED 2,200,000 (AED 2,094 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 165,000 to AED 144,598 a year.
  • At AED 144,598 a year the gross yield on the 2021 price is 6.6%.
  • One-beds in Armani Residences Burj Khalifa sold for AED 2,500,000–4,700,000 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 9 December 2021.

Questions about 1015, Armani Residences Burj Khalifa

What did unit 1015 last sell for?

AED 2,200,000 on 9 December 2021: AED 2,094 per sqft for 1,051 sqft. The unit has 5 registered sales; the first was AED 9,513,888 in July 2017.

What is the rent for unit 1015?

AED 144,598 a year on the contract renewed on 19 November 2019. The previous contract, from November 2018, was AED 165,000.

How big is unit 1015?

1,051 sqft (97.6 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2010.

What is unit 1015 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Armani Residences Burj Khalifa sold for AED 2,500,000 to 4,700,000 in the last 12 months, around AED 3,058 per sqft.

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Mortgage on 1015, Armani Residences Burj Khalifa

Starts from the last sale price (AED 2.2M, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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