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1-bed · 1,044 sqftArmani Residences Burj Khalifa, Downtown Dubai · 10th floor · completed 2010

1018, Armani Residences Burj Khalifa

Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1018 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 3.98M10 March 2019
Current rentAED 212K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1018, Armani Residences Burj Khalifa

What is 1018 worth today?

Last sold for AED 3,981,888 in 2019

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20 Mar 2024RentedNew contract
AED 212,000/yr12 months · AED 203 per sqft
10 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 115 per sqft
10 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 110 per sqft
10 Mar 2019Sold by developerReady
AED 3,981,888AED 3,812 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
1-bed apartment
Size
1,044 sqft
Floor
10th of 16
Parking
B1-5056
Developer
Emaar
Completed
2010
Last sold
AED 3.98M · March 2019
Building
Armani Residences Burj Khalifa

About 1018, Armani Residences Burj Khalifa

1018 is a one-bedroom apartment of 1,044 sqft on the 10th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. The developer sold it on 10 March 2019 for AED 3,981,888, or AED 3,812 per sqft, 62% above the AED 2,356 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 March 2024, is AED 212,000 a year: a gross yield of 5.3% on the 2019 price.

Sales and rents for 1018 over time

Sales
Unit 1018, 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 by developer, March 2019: AED 3,981,888 (AED 3,812 per sqft)

1018 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1018, each contractTypical one-bed in Armani Residences Burj Khalifa
100K200K20152018202120242027Typical 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, August 2020: AED 115,000 a yearNew contract, August 2022: AED 120,000 a yearNew contract, March 2024: AED 212,000 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 1018 sits

All 96 1-beds →

1018 last sold in March 2019 at AED 3,812 per sqft, 62% above what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 2,356). 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. 1018's AED 212,000 is in the lower half 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

1018, Armani Residences Burj Khalifa in numbers

  • Sold once: by Emaar on 10 March 2019 for AED 3,981,888, or AED 3,812 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 115,000 to AED 212,000 a year.
  • At AED 212,000 a year the gross yield on the 2019 price is 5.3%.
  • 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 20 March 2024.

Questions about 1018, Armani Residences Burj Khalifa

What did unit 1018 last sell for?

AED 3,981,888 on 10 March 2019, sold by the developer: AED 3,812 per sqft for 1,044 sqft. It is the only registered sale of the unit.

What is the rent for unit 1018?

AED 212,000 a year on the contract signed on 20 March 2024. The previous contract, from August 2022, was AED 120,000; the unit has been rented since August 2020.

How big is unit 1018?

1,044 sqft (97.0 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2010.

What is unit 1018 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 1018, Armani Residences Burj Khalifa

Starts from the last sale price (AED 3.98M, 10 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,981,888
Deposit, UAE resident (20%)
AED 796,378
Deposit, non-resident (40%)
AED 1,592,755
Monthly over 25 years at 3.7%
AED 16,291

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