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2-bed · 2,172 sqftArmani Residences Burj Khalifa, Downtown Dubai · 11th floor · completed 2010

1109, Armani Residences Burj Khalifa

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 11.8M16 September 2024
Current rentAED 680K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1109, Armani Residences Burj Khalifa

What is 1109 worth today?

Last sold for AED 11,800,000 in 2024

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16 Sep 2024SoldReady
AED 11,800,000AED 5,431 per sqft
16 Sep 2024SoldReady
AED 11,800,000AED 5,431 per sqft
17 Jul 2023RentedNew contract
AED 680,000/yr12 months · AED 313 per sqft
12 Jul 2023RentedNew contract
AED 680,000/yr12 months · AED 313 per sqft
3 Feb 2023RentedNew contract
AED 300,000/yr4 months · AED 138 per sqft
18 Jun 2021RentedRenewal
AED 300,000/yr12 months · AED 138 per sqft
18 Jun 2020RentedNew contract
AED 300,000/yr12 months · AED 138 per sqft
17 Mar 2013Sold by developerReady
AED 11,717,888AED 5,394 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
2-bed apartment
Size
2,172 sqft
Floor
11th of 16
Parking
B2-8301,B2-8302
Developer
Emaar
Completed
2010
Last sold
AED 11.8M · September 2024
Building
Armani Residences Burj Khalifa

About 1109, Armani Residences Burj Khalifa

1109 is a two-bedroom apartment of 2,172 sqft on the 11th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 16 September 2024 for AED 11,800,000, or AED 5,431 per sqft, in line with the AED 5,420 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 17 July 2023, is AED 680,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical two-bed in Armani Residences Burj Khalifa
10M15M2011201520192023Typical 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 2013: AED 11,717,888 (AED 5,394 per sqft)Sold, September 2024: AED 11,800,000 (AED 5,431 per sqft)Sold, September 2024: AED 11,800,000 (AED 5,431 per sqft)

1109 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, 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 450,000New contract, June 2020: AED 300,000 a yearRenewal, June 2021: AED 300,000 a yearNew contract, February 2023: AED 300,000 a yearNew contract, July 2023: AED 680,000 a yearNew contract, July 2023: AED 680,000 a year

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 1109 sits

All 48 2-beds →

1109 last sold in September 2024 at AED 5,431 per sqft, in line with what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,420). 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. 1109's AED 680,000 is in the upper half of that range.

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 →

Other units on the 11th floor

All 144 units in Armani Residences Burj Khalifa
Value
11011-bedAED 5.09M · Mar 2014
11021-bedAED 5.08M · Mar 2014
11031-bedAED 4.86M · Jan 2023
11042-bedAED 11.46M · Mar 2013
11051-bedAED 4.06M · Jun 2022
11062-bedAED 10.2M · Apr 2025
11072-bedAED 10.3M · Jan 2026
1–7 of 17

1109, Armani Residences Burj Khalifa in numbers

  • Sold 3 times: first on 17 March 2013 for AED 11,717,888, last on 16 September 2024 for AED 11,800,000 (AED 5,431 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 300,000 to AED 680,000 a year.
  • At AED 680,000 a year the gross yield on the 2024 price is 5.8%.
  • 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 16 September 2024.

Questions about 1109, Armani Residences Burj Khalifa

What did unit 1109 last sell for?

AED 11,800,000 on 16 September 2024: AED 5,431 per sqft for 2,172 sqft. The unit has 3 registered sales; the first was AED 11,717,888 in March 2013.

What is the rent for unit 1109?

AED 680,000 a year on the contract signed on 17 July 2023. The previous contract, from July 2023, was AED 680,000; the unit has been rented since June 2020.

How big is unit 1109?

2,172 sqft (201.8 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2010.

What is unit 1109 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 1109, Armani Residences Burj Khalifa

Starts from the last sale price (AED 11.8M, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,800,000
Deposit, UAE resident (20%)
AED 2,360,000
Deposit, non-resident (40%)
AED 4,720,000
Monthly over 25 years at 3.7%
AED 48,277

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