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2-bed · 2,174 sqftArmani Residences Burj Khalifa, Downtown Dubai · 14th floor · completed 2010

1404, Armani Residences Burj Khalifa

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 9M24 January 2024
Current rentAED 280K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1404, Armani Residences Burj Khalifa

What is 1404 worth today?

Last sold for AED 9,000,000 in 2024

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24 Jan 2024SoldReady
AED 9,000,000AED 4,139 per sqft
24 Jan 2024SoldReady
AED 9,000,000AED 4,139 per sqft
15 Oct 2021RentedRenewal
AED 280,000/yr12 months · AED 129 per sqft
15 Oct 2020RentedNew contract
AED 280,000/yr12 months · AED 129 per sqft
1 Mar 2019RentedNew contract
AED 342,000/yr24 months · AED 157 per sqft
1 Mar 2018RentedNew contract
AED 360,000/yr12 months · AED 166 per sqft
1 Oct 2015RentedNew contract
AED 580,000/yr12 months · AED 267 per sqft
6 Mar 2013Sold by developerReady
AED 11,674,541AED 5,369 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
2-bed apartment
Size
2,174 sqft
Floor
14th of 16
Parking
B1-5304,B1-5305
Developer
Emaar
Completed
2010
Last sold
AED 9M · January 2024
Building
Armani Residences Burj Khalifa

About 1404, Armani Residences Burj Khalifa

1404 is a two-bedroom apartment of 2,174 sqft on the 14th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 24 January 2024 for AED 9,000,000, or AED 4,139 per sqft, in line with the AED 4,139 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 280,000 a year: a gross yield of 3.1% on the 2024 price.

Sales and rents for 1404 over time

Sales
Unit 1404, 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 11,674,541 (AED 5,369 per sqft)Sold, January 2024: AED 9,000,000 (AED 4,139 per sqft)Sold, January 2024: AED 9,000,000 (AED 4,139 per sqft)

1404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, 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, October 2015: AED 580,000 a yearNew contract, March 2018: AED 360,000 a yearNew contract, March 2019: AED 342,000 a yearNew contract, October 2020: AED 280,000 a yearRenewal, October 2021: AED 280,000 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 1404 sits

All 48 2-beds →

1404 last sold in January 2024 at AED 4,139 per sqft, in line with what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 4,139). 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. 1404's AED 280,000 is at the bottom 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 14th floor

All 144 units in Armani Residences Burj Khalifa
Value
14011-bedAED 9.39M · Mar 2013
14021-bedAED 4.9M · Sep 2014
14031-bedAED 4.65M · Jan 2023
14051-bedAED 3.8M · Jun 2024
14062-bedAED 21.98M · Mar 2013
14072-bedAED 21.98M · Mar 2013
14081-bedAED 7.01M · Jun 2013
1–7 of 17

1404, Armani Residences Burj Khalifa in numbers

  • Sold 3 times: first on 6 March 2013 for AED 11,674,541, last on 24 January 2024 for AED 9,000,000 (AED 4,139 per sqft).
  • Rented since October 2015 on 5 Ejari contracts, from AED 580,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2024 price is 3.1%.
  • 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 24 January 2024.

Questions about 1404, Armani Residences Burj Khalifa

What did unit 1404 last sell for?

AED 9,000,000 on 24 January 2024: AED 4,139 per sqft for 2,174 sqft. The unit has 3 registered sales; the first was AED 11,674,541 in March 2013.

What is the rent for unit 1404?

AED 280,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 280,000; the unit has been rented since October 2015.

How big is unit 1404?

2,174 sqft (202.0 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2010.

What is unit 1404 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 1404, Armani Residences Burj Khalifa

Starts from the last sale price (AED 9M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

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