1-bed · 1,182 sqftArmani Residences Burj Khalifa, Downtown Dubai · 15th floor · completed 2010

1505, Armani Residences Burj Khalifa

Sold prices and rental history: sold 3 times, last in April 2022, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 19 April 2022
Last soldAED 3.78M19 April 2022
Current rentAED 100K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Armani Residences Burj Khalifa

What is 1505 worth today?

Last sold for AED 3,783,653 in 2022

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19 Apr 2022SoldReady
AED 3,783,653AED 3,200 per sqft
1 Oct 2021RentedNew contract
AED 100,000/yr60 months · AED 84 per sqft
15 May 2013Sold by developerReady · flagged as an outlier
AED 11,570,916AED 9,787 per sqft
15 May 2013SoldReady · flagged as an outlier
AED 11,570,916AED 9,787 per sqft

Source: Dubai Land Department. Updated 19 April 2022.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
15th of 16
Parking
B1-5104
Developer
Emaar
Completed
2010
Last sold
AED 3.78M · April 2022

About 1505, Armani Residences Burj Khalifa

1505 is a one-bedroom apartment of 1,182 sqft on the 15th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 19 April 2022 for AED 3,783,653, or AED 3,200 per sqft, 22% above the AED 2,620 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2021. The current contract, signed on 1 October 2021, is AED 100,000 a year: a gross yield of 2.6% on the 2022 price.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 3,000,000Sold, April 2022: AED 3,783,653 (AED 3,200 per sqft)

1505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, each contractTypical one-bed in Armani Residences Burj Khalifa
100K200K20152018202120242027Typical 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, October 2021: AED 100,000 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 1505 sits

All 96 1-beds →

1505 last sold in April 2022 at AED 3,200 per sqft, 22% above what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 2,620). 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. 1505's AED 100,000 is at the bottom 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
15011-bedAED 1.73M · Dec 2019
15021-bedAED 2.65M · Dec 2021
15031-bedAED 4.67M · Jan 2023
15042-bedAED 11.75M · Dec 2013
15062-bedAED 10.92M · Apr 2013
15072-bedAED 10M · Mar 2023
15081-bedAED 7.05M · Oct 2013
1–7 of 17

1505, Armani Residences Burj Khalifa in numbers

  • Sold 3 times: first on 15 May 2013 for AED 11,570,916, last on 19 April 2022 for AED 3,783,653 (AED 3,200 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 2.6%.
  • 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 19 April 2022.

Questions about 1505, Armani Residences Burj Khalifa

What did unit 1505 last sell for?

AED 3,783,653 on 19 April 2022: AED 3,200 per sqft for 1,182 sqft. The unit has 3 registered sales; the first was AED 11,570,916 in May 2013.

What is the rent for unit 1505?

AED 100,000 a year on the contract signed on 1 October 2021.

How big is unit 1505?

1,182 sqft (109.8 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2010.

What is unit 1505 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 1505, Armani Residences Burj Khalifa

Starts from the last sale price (AED 3.78M, 19 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,783,653
Deposit, UAE resident (20%)
AED 756,731
Deposit, non-resident (40%)
AED 1,513,461
Monthly over 25 years at 3.7%
AED 15,480

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