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1-bed · 1,051 sqftArmani Residences Burj Khalifa, Downtown Dubai · 12th floor · completed 2010

1214, Armani Residences Burj Khalifa

Sold prices and rental history: sold twice, last in August 2013, and rented once, from April 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 6 April 2017
Last soldAED 5.4M13 August 2013
Current rentAED 185K /yr6 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1214, Armani Residences Burj Khalifa

What is 1214 worth today?

Last sold for AED 5,403,444 in 2013

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6 Apr 2017RentedNew contract
AED 185,000/yr12 months · AED 175 per sqft
13 Aug 2013SoldReady
AED 5,403,444AED 5,143 per sqft
18 Apr 2010Sold by developerOff-plan
AED 5,403,444AED 5,143 per sqft

Source: Dubai Land Department. Updated 6 April 2017.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
12th of 16
Parking
B1-5112
Developer
Emaar
Completed
2010
Last sold
AED 5.4M · August 2013
Building
Armani Residences Burj Khalifa

About 1214, Armani Residences Burj Khalifa

1214 is a one-bedroom apartment of 1,051 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 13 August 2013 for AED 5,403,444, or AED 5,143 per sqft, 11% below the AED 5,763 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 April 2017. The current contract, signed on 6 April 2017, is AED 185,000 a year: a gross yield of 3.4% on the 2013 price.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical one-bed in Armani Residences Burj Khalifa
2.5M5M7.5M2010201520202025Typical 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, April 2010: AED 5,403,444 (AED 5,143 per sqft)Sold, August 2013: AED 5,403,444 (AED 5,143 per sqft)

1214 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1214, 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, April 2017: AED 185,000 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 1214 sits

All 96 1-beds →

1214 last sold in August 2013 at AED 5,143 per sqft, 11% below what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,763). 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. 1214's AED 185,000 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 12th floor

All 144 units in Armani Residences Burj Khalifa
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
12062-bedAED 7.85M · Sep 2023
12072-bedAED 10.7M · Aug 2013
1–7 of 17

1214, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 18 April 2010 for AED 5,403,444, last on 13 August 2013 for AED 5,403,444 (AED 5,143 per sqft).
  • Rented since April 2017 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2013 price is 3.4%.
  • 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 6 April 2017.

Questions about 1214, Armani Residences Burj Khalifa

What did unit 1214 last sell for?

AED 5,403,444 on 13 August 2013: AED 5,143 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 5,403,444 in April 2010.

What is the rent for unit 1214?

AED 185,000 a year on the contract signed on 6 April 2017.

How big is unit 1214?

1,051 sqft (97.6 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2010.

What is unit 1214 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 1214, Armani Residences Burj Khalifa

Starts from the last sale price (AED 5.4M, 13 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,403,444
Deposit, UAE resident (20%)
AED 1,080,689
Deposit, non-resident (40%)
AED 2,161,378
Monthly over 25 years at 3.7%
AED 22,107

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