1-bed · 1,185 sqftArmani Residences Burj Khalifa, Downtown Dubai · 12th floor · completed 2010

1216, Armani Residences Burj Khalifa

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

Unit 1216 · DLD and Ejari recordsUpdated 31 May 2026
Last soldAED 11.35M3 April 2013
Current rentAED 175K /yr31 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Armani Residences Burj Khalifa

What is 1216 worth today?

Last sold for AED 11,353,888 in 2013

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31 May 2026RentedNew contract
AED 175,000/yr12 months · AED 148 per sqft
3 May 2025RentedNew contract
AED 230,000/yr12 months · AED 194 per sqft
1 Jun 2023RentedNew contract
AED 199,446/yr12 months · AED 168 per sqft
10 Jul 2019RentedRenewal
AED 180,000/yr3 months · AED 152 per sqft
10 Jul 2018RentedRenewal
AED 180,000/yr12 months · AED 152 per sqft
10 Jul 2017RentedNew contract
AED 205,000/yr12 months · AED 173 per sqft
3 Apr 2013Sold by developerReady · flagged as an outlier
AED 11,353,888AED 9,583 per sqft
3 Apr 2013SoldReady · flagged as an outlier
AED 11,353,888AED 9,583 per sqft

Source: Dubai Land Department. Updated 31 May 2026.

Key facts

Type
1-bed apartment
Size
1,185 sqft
Floor
12th of 16
Parking
B1-5267
Developer
Emaar
Completed
2010
Last sold
AED 11.35M · April 2013

About 1216, Armani Residences Burj Khalifa

1216 is a one-bedroom apartment of 1,185 sqft on the 12th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. The developer sold it on 3 April 2013 for AED 11,353,888, or AED 9,583 per sqft, 65% above the AED 5,806 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 31 May 2026, is AED 175,000 a year: a gross yield of 1.5% on the 2013 price.

Sales and rents for 1216 over time

Sales
Unit 1216, 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 3,000,000

No registered sale of 1216; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1216, 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, July 2017: AED 205,000 a yearRenewal, July 2018: AED 180,000 a yearRenewal, July 2019: AED 180,000 a yearNew contract, June 2023: AED 199,446 a yearNew contract, May 2025: AED 230,000 a yearNew contract, May 2026: AED 175,000 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 1216 sits

All 96 1-beds →

1216 last sold in April 2013 at AED 9,583 per sqft, 65% above what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,806). 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. 1216's AED 175,000 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 →
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

1216, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 3 April 2013 for AED 11,353,888, last on 3 April 2013 for AED 11,353,888 (AED 9,583 per sqft).
  • Rented since July 2017 on 6 Ejari contracts, from AED 205,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2013 price is 1.5%.
  • 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 31 May 2026.

Questions about 1216, Armani Residences Burj Khalifa

What did unit 1216 last sell for?

AED 11,353,888 on 3 April 2013, sold by the developer: AED 9,583 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 11,353,888 in April 2013.

What is the rent for unit 1216?

AED 175,000 a year on the contract signed on 31 May 2026. The previous contract, from May 2025, was AED 230,000; the unit has been rented since July 2017.

How big is unit 1216?

1,185 sqft (110.1 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2010.

What is unit 1216 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 1216, Armani Residences Burj Khalifa

Starts from the last sale price (AED 11.35M, 3 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 11,353,888
Deposit, UAE resident (20%)
AED 2,270,778
Deposit, non-resident (40%)
AED 4,541,555
Monthly over 25 years at 3.7%
AED 46,452

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