Home
Dubai prices
About
Research
1-bed · 1,051 sqftArmani Residences Burj Khalifa, Downtown Dubai · 15th floor · completed 2010

1514, Armani Residences Burj Khalifa

Sold prices and rental history: sold twice, last in February 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 6 September 2022
Last soldAED 3.8M4 February 2019
Current rentAED 175K /yr6 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1514

Property timeline for 1514, Armani Residences Burj Khalifa

What is 1514 worth today?

Last sold for AED 3,800,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Sep 2022RentedNew contract
AED 175,000/yr12 months · AED 166 per sqft
4 Feb 2019SoldReady
AED 3,800,000AED 3,617 per sqft
10 Dec 2017RentedRenewal
AED 200,000/yr12 months · AED 190 per sqft
10 Dec 2016RentedNew contract
AED 200,000/yr12 months · AED 190 per sqft
1 Sep 2015Sold by developerReady
AED 5,396,971AED 5,137 per sqft

Source: Dubai Land Department. Updated 6 September 2022.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
15th of 16
Parking
B2-8174
Developer
Emaar
Completed
2010
Last sold
AED 3.8M · February 2019
Building
Armani Residences Burj Khalifa

About 1514, Armani Residences Burj Khalifa

1514 is a one-bedroom apartment of 1,051 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 4 February 2019 for AED 3,800,000, or AED 3,617 per sqft, 59% above the AED 2,282 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 6 September 2022, is AED 175,000 a year: a gross yield of 4.6% on the 2019 price.

Sales and rents for 1514 over time

Sales
Unit 1514, 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 by developer, September 2015: AED 5,396,971 (AED 5,137 per sqft)Sold, February 2019: AED 3,800,000 (AED 3,617 per sqft)

1514 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1514, 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, December 2016: AED 200,000 a yearRenewal, December 2017: AED 200,000 a yearNew contract, September 2022: AED 175,000 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 1514 sits

All 96 1-beds →

1514 last sold in February 2019 at AED 3,617 per sqft, 59% above what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 2,282). 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. 1514's AED 175,000 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 15th floor

All 144 units in Armani Residences Burj Khalifa
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
15062-bedAED 10.92M · Apr 2013
15072-bedAED 10M · Mar 2023
1–7 of 17

1514, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 1 September 2015 for AED 5,396,971, last on 4 February 2019 for AED 3,800,000 (AED 3,617 per sqft).
  • Rented since December 2016 on 3 Ejari contracts, from AED 200,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2019 price is 4.6%.
  • 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 6 September 2022.

Questions about 1514, Armani Residences Burj Khalifa

What did unit 1514 last sell for?

AED 3,800,000 on 4 February 2019: AED 3,617 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 5,396,971 in September 2015.

What is the rent for unit 1514?

AED 175,000 a year on the contract signed on 6 September 2022. The previous contract, from December 2017, was AED 200,000; the unit has been rented since December 2016.

How big is unit 1514?

1,051 sqft (97.6 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2010.

What is unit 1514 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.

Selling 1514? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1514, Armani Residences Burj Khalifa

Starts from the last sale price (AED 3.8M, 4 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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