2-bed · 2,172 sqftArmani Residences Burj Khalifa, Downtown Dubai · 13th floor · completed 2010

1309, Armani Residences Burj Khalifa

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 12M18 January 2024
Current rentAED 500K /yr26 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Armani Residences Burj Khalifa

What is 1309 worth today?

Last sold for AED 12,000,000 in 2024

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18 Jan 2024SoldReady
AED 12,000,000AED 5,523 per sqft
18 Jan 2024SoldReady
AED 12,000,000AED 5,523 per sqft
26 Aug 2022RentedNew contract
AED 500,000/yr12 months · AED 230 per sqft
1 Apr 2021RentedNew contract
AED 360,000/yr12 months · AED 166 per sqft
26 Oct 2015Sold by developerReady
AED 12,855,888AED 5,917 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
2-bed apartment
Size
2,172 sqft
Floor
13th of 16
Parking
B1-5192,B1-5191
Developer
Emaar
Completed
2010
Last sold
AED 12M · January 2024

About 1309, Armani Residences Burj Khalifa

1309 is a two-bedroom apartment of 2,172 sqft on the 13th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 18 January 2024 for AED 12,000,000, or AED 5,523 per sqft, 6% above the AED 5,190 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 26 August 2022, is AED 500,000 a year: a gross yield of 4.2% on the 2024 price.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, October 2015: AED 12,855,888 (AED 5,917 per sqft)Sold, January 2024: AED 12,000,000 (AED 5,523 per sqft)Sold, January 2024: AED 12,000,000 (AED 5,523 per sqft)

1309 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, 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, April 2021: AED 360,000 a yearNew contract, August 2022: AED 500,000 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 1309 sits

All 48 2-beds →

1309 last sold in January 2024 at AED 5,523 per sqft, 6% above what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,190). 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. 1309's AED 500,000 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
13011-bedAED 3.5M · Jul 2022
13021-bedAED 9.35M · Aug 2013
13031-bedAED 3.7M · Jul 2022
13042-bedAED 5.7M · Nov 2020
13051-bedAED 14.13M · Nov 2013
13062-bedAED 10.77M · Jun 2013
13072-bedAED 21.83M · Jul 2009
1–7 of 17

1309, Armani Residences Burj Khalifa in numbers

  • Sold 3 times: first on 26 October 2015 for AED 12,855,888, last on 18 January 2024 for AED 12,000,000 (AED 5,523 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 360,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2024 price is 4.2%.
  • 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 18 January 2024.

Questions about 1309, Armani Residences Burj Khalifa

What did unit 1309 last sell for?

AED 12,000,000 on 18 January 2024: AED 5,523 per sqft for 2,172 sqft. The unit has 3 registered sales; the first was AED 12,855,888 in October 2015.

What is the rent for unit 1309?

AED 500,000 a year on the contract signed on 26 August 2022. The previous contract, from April 2021, was AED 360,000.

How big is unit 1309?

2,172 sqft (201.8 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2010.

What is unit 1309 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 1309, Armani Residences Burj Khalifa

Starts from the last sale price (AED 12M, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 12,000,000
Deposit, UAE resident (20%)
AED 2,400,000
Deposit, non-resident (40%)
AED 4,800,000
Monthly over 25 years at 3.7%
AED 49,096

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