2-bed · 1,926 sqftArmani Residences Burj Khalifa, Downtown Dubai · 15th floor · completed 2010

1506, Armani Residences Burj Khalifa

Sold prices and rental history: sold twice, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 18 April 2013
Last soldAED 10.92M18 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Armani Residences Burj Khalifa

What is 1506 worth today?

Last sold for AED 10,918,888 in 2013

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18 Apr 2013SoldReady
AED 10,918,888AED 5,668 per sqft
8 Jan 2013Sold by developerOff-plan
AED 10,918,888AED 5,668 per sqft

Source: Dubai Land Department. Updated 18 April 2013.

Key facts

Type
2-bed apartment
Size
1,926 sqft
Floor
15th of 16
Parking
B1-5252,B1-5253
Developer
Emaar
Completed
2010
Last sold
AED 10.92M · April 2013

About 1506, Armani Residences Burj Khalifa

1506 is a two-bedroom apartment of 1,926 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 18 April 2013 for AED 10,918,888, or AED 5,668 per sqft, 4% above the AED 5,476 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, January 2013: AED 10,918,888 (AED 5,668 per sqft)Sold, April 2013: AED 10,918,888 (AED 5,668 per sqft)

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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 450,000

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 1506 sits

All 48 2-beds →

1506 last sold in April 2013 at AED 5,668 per sqft, 4% above what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,476). 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.

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
15011-bedAED 1.73M · Dec 2019
15021-bedAED 2.65M · Dec 2021
15031-bedAED 4.67M · Jan 2023
15042-bedAED 11.75M · Dec 2013
15051-bedAED 3.78M · Apr 2022
15072-bedAED 10M · Mar 2023
15081-bedAED 7.05M · Oct 2013
1–7 of 17

1506, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 8 January 2013 for AED 10,918,888, last on 18 April 2013 for AED 10,918,888 (AED 5,668 per sqft).
  • 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 April 2013.

Questions about 1506, Armani Residences Burj Khalifa

What did unit 1506 last sell for?

AED 10,918,888 on 18 April 2013: AED 5,668 per sqft for 1,926 sqft. The unit has 2 registered sales; the first was AED 10,918,888 in January 2013.

How big is unit 1506?

1,926 sqft (178.9 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2010.

What is unit 1506 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 1506, Armani Residences Burj Khalifa

Starts from the last sale price (AED 10.92M, 18 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 10,918,888
Deposit, UAE resident (20%)
AED 2,183,778
Deposit, non-resident (40%)
AED 4,367,555
Monthly over 25 years at 3.7%
AED 44,673

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