2-bed · 1,926 sqftArmani Residences Burj Khalifa, Downtown Dubai · 12th floor · completed 2010

1206, Armani Residences Burj Khalifa

Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 7.85M1 September 2023
Current rentAED 320K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Armani Residences Burj Khalifa

What is 1206 worth today?

Last sold for AED 7,850,000 in 2023

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1 Sep 2023SoldReady
AED 7,850,000AED 4,075 per sqft
1 Aug 2019RentedNew contract
AED 320,000/yr12 months · AED 166 per sqft
12 Mar 2012SoldOff-plan
AED 13,000,000AED 6,748 per sqft
13 Sep 2009Sold by developerOff-plan
AED 16,257,666AED 8,439 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,926 sqft
Floor
12th of 16
Parking
B1-5310,B1-5311
Developer
Emaar
Completed
2010
Last sold
AED 7.85M · September 2023

About 1206, Armani Residences Burj Khalifa

1206 is a two-bedroom apartment of 1,926 sqft on the 12th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 1 September 2023 for AED 7,850,000, or AED 4,075 per sqft, 7% above the AED 3,794 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2019. The current contract, signed on 1 August 2019, is AED 320,000 a year: a gross yield of 4.1% on the 2023 price.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Armani Residences Burj Khalifa
10M15M2009201420192024Typical 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, September 2009: AED 16,257,666 (AED 8,439 per sqft)Sold, March 2012: AED 13,000,000 (AED 6,748 per sqft)Sold, September 2023: AED 7,850,000 (AED 4,075 per sqft)

1206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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, August 2019: AED 320,000 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 1206 sits

All 48 2-beds →

1206 last sold in September 2023 at AED 4,075 per sqft, 7% above what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 3,794). 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. 1206's AED 320,000 is in the lower 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 →
Value
12011-bedAED 3.25M · Nov 2025
12021-bedAED 4M · Feb 2019
12031-bedAED 2.9M · Jun 2021
12042-bedAED 9.3M · Feb 2026
12051-bedAED 6.94M · Jun 2014
12072-bedAED 10.7M · Aug 2013
12081-bedAED 4M · Apr 2022
1–7 of 17

1206, Armani Residences Burj Khalifa in numbers

  • Sold 3 times: first on 13 September 2009 for AED 16,257,666, last on 1 September 2023 for AED 7,850,000 (AED 4,075 per sqft).
  • Rented since August 2019 on one Ejari contract, at AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2023 price is 4.1%.
  • 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 1 September 2023.

Questions about 1206, Armani Residences Burj Khalifa

What did unit 1206 last sell for?

AED 7,850,000 on 1 September 2023: AED 4,075 per sqft for 1,926 sqft. The unit has 3 registered sales; the first was AED 16,257,666 in September 2009.

What is the rent for unit 1206?

AED 320,000 a year on the contract signed on 1 August 2019.

How big is unit 1206?

1,926 sqft (178.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2010.

What is unit 1206 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 1206, Armani Residences Burj Khalifa

Starts from the last sale price (AED 7.85M, 1 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,850,000
Deposit, UAE resident (20%)
AED 1,570,000
Deposit, non-resident (40%)
AED 3,140,000
Monthly over 25 years at 3.7%
AED 32,117

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