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1-bed · 1,051 sqftArmani Residences Burj Khalifa, Downtown Dubai · 14th floor · completed 2010

1415, Armani Residences Burj Khalifa

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

Unit 1415 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 9.63M13 June 2013
Current rentAED 220K /yr8 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1415, Armani Residences Burj Khalifa

What is 1415 worth today?

Last sold for AED 9,625,888 in 2013

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8 Nov 2023RentedNew contract
AED 220,000/yr12 months · AED 209 per sqft
18 Apr 2021RentedNew contract
AED 155,000/yr12 months · AED 147 per sqft
16 Aug 2019RentedRenewal
AED 150,000/yr12 months · AED 142 per sqft
16 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 142 per sqft
5 Mar 2017RentedNew contract
AED 170,000/yr12 months · AED 161 per sqft
13 Jun 2013Sold by developerReady · flagged as an outlier
AED 9,625,888AED 9,162 per sqft
13 Jun 2013SoldReady · flagged as an outlier
AED 9,625,888AED 9,162 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
14th of 16
Parking
B1-5266
Developer
Emaar
Completed
2010
Last sold
AED 9.63M · June 2013
Building
Armani Residences Burj Khalifa

About 1415, Armani Residences Burj Khalifa

1415 is a one-bedroom apartment of 1,051 sqft on the 14th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. The developer sold it on 13 June 2013 for AED 9,625,888, or AED 9,162 per sqft, 58% above the AED 5,806 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 8 November 2023, is AED 220,000 a year: a gross yield of 2.3% on the 2013 price.

Sales and rents for 1415 over time

Sales
Unit 1415, 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 1415; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1415, 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, March 2017: AED 170,000 a yearNew contract, August 2018: AED 150,000 a yearRenewal, August 2019: AED 150,000 a yearNew contract, April 2021: AED 155,000 a yearNew contract, November 2023: AED 220,000 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 1415 sits

All 96 1-beds →

1415 last sold in June 2013 at AED 9,162 per sqft, 58% 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. 1415's AED 220,000 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 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
14042-bedAED 9M · Jan 2024
14051-bedAED 3.8M · Jun 2024
14062-bedAED 21.98M · Mar 2013
14072-bedAED 21.98M · Mar 2013
1–7 of 17

1415, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 13 June 2013 for AED 9,625,888, last on 13 June 2013 for AED 9,625,888 (AED 9,162 per sqft).
  • Rented since March 2017 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 150,000 in 2019 and recovered to AED 220,000 by November 2023.
  • At AED 220,000 a year the gross yield on the 2013 price is 2.3%.
  • 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 8 November 2023.

Questions about 1415, Armani Residences Burj Khalifa

What did unit 1415 last sell for?

AED 9,625,888 on 13 June 2013, sold by the developer: AED 9,162 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 9,625,888 in June 2013.

What is the rent for unit 1415?

AED 220,000 a year on the contract signed on 8 November 2023. The previous contract, from April 2021, was AED 155,000; the unit has been rented since March 2017.

How big is unit 1415?

1,051 sqft (97.6 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2010.

What is unit 1415 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 1415, Armani Residences Burj Khalifa

Starts from the last sale price (AED 9.63M, 13 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 9,625,888
Deposit, UAE resident (20%)
AED 1,925,178
Deposit, non-resident (40%)
AED 3,850,355
Monthly over 25 years at 3.7%
AED 39,382

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