1516, Armani Residences Burj Khalifa
Sold prices and rental history: sold once, by the developer in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1516, Armani Residences Burj Khalifa
What is 1516 worth today?
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Source: Dubai Land Department. Updated 17 March 2014.
Key facts
- Type
- 1-bed apartment
- Size
- 1,185 sqft
- Floor
- 15th of 16
- Parking
- B1-5270
- Developer
- Emaar
- Completed
- 2010
- Last sold
- AED 5.95M · March 2014
- Building
- Armani Residences Burj Khalifa
About 1516, Armani Residences Burj Khalifa
1516 is a one-bedroom apartment of 1,185 sqft on the 15th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. The developer sold it on 17 March 2014 for AED 5,950,888, or AED 5,023 per sqft, 10% below the AED 5,551 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1516 over time
1516 has sold once; the dashed line is the one-bed median of each year in the building.
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 1516 sits
All 96 1-beds →1516 last sold in March 2014 at AED 5,023 per sqft, 10% below what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,551). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,044 sqft | 3,000,000 | 2,872 | ||
| 4 Sep 20264 September 2026 | 1,011 sqft | 3,981,888 | 3,937 | ||
| 10 Aug 202610 August 2026 | 1,044 sqft | 2,500,000 | 2,393 | ||
| 14 May 202614 May 2026 | 1,184 sqft | 4,700,000 | 3,970 |
Armani Residences Burj Khalifa
Building144 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%
Other units on the 15th floor
All 144 units in Armani Residences Burj Khalifa| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 1,049 sqft | AED 1.73MAED 1,730,000 · Dec 2019December 2019 | 230,000 /yr | |
| 1502 | 1-bed | 1,011 sqft | AED 2.65MAED 2,650,000 · Dec 2021December 2021 | 130,000 /yr | |
| 1503 | 1-bed | 1,183 sqft | AED 4.67MAED 4,666,294 · Jan 2023January 2023 | 245,000 /yr | |
| 1504 | 2-bed | 2,174 sqft | AED 11.75MAED 11,746,691 · Dec 2013December 2013 | 420,000 /yr | |
| 1505 | 1-bed | 1,182 sqft | AED 3.78MAED 3,783,653 · Apr 2022April 2022 | 100,000 /yr | |
| 1506 | 2-bed | 1,926 sqft | AED 10.92MAED 10,918,888 · Apr 2013April 2013 | ||
| 1507 | 2-bed | 1,926 sqft | AED 10MAED 10,000,000 · Mar 2023March 2023 | 375,000 /yr | |
| 1508 | 1-bed | 1,181 sqft | AED 7.05MAED 7,049,888 · Oct 2013October 2013 | 225,000 /yr | |
| 1509 | 2-bed | 2,172 sqft | AED 12.63MAED 12,627,888 · Mar 2013March 2013 | 650,000 /yr | |
| 1510 | 1-bed | 1,185 sqft | AED 3.52MAED 3,520,000 · Oct 2024October 2024 | 205,000 /yr | |
| 1511 | 2-bed | 2,058 sqft | AED 10.27MAED 10,274,144 · Jul 2016July 2016 | ||
| 1512 | 2-bed | 1,926 sqft | AED 6.86MAED 6,862,805 · Mar 2019March 2019 | 400,000 /yr | |
| 1513 | 1-bed | 1,184 sqft | AED 2.3MAED 2,300,000 · Nov 2020November 2020 | 230,000 /yr | |
| 1514 | 1-bed | 1,051 sqft | AED 3.8MAED 3,800,000 · Feb 2019February 2019 | 175,000 /yr | |
| 1515 | 1-bed | 1,051 sqft | AED 3.7MAED 3,700,000 · Oct 2024October 2024 | ||
| 1517 | 1-bed | 986 sqft | AED 3MAED 3,000,000 · Dec 2024December 2024 | 170,000 /yr | |
| 1518 | 1-bed | 1,044 sqft | AED 10.18MAED 10,175,888 · Mar 2010March 2010 | 165,000 /yr |
1516, Armani Residences Burj Khalifa in numbers
- Sold once: by Emaar on 17 March 2014 for AED 5,950,888, or AED 5,023 per sqft.
- 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 17 March 2014.
Questions about 1516, Armani Residences Burj Khalifa
What did unit 1516 last sell for?
AED 5,950,888 on 17 March 2014, sold by the developer: AED 5,023 per sqft for 1,185 sqft. It is the only registered sale of the unit.
How big is unit 1516?
1,185 sqft (110.1 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2010.
What is unit 1516 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 1516, Armani Residences Burj Khalifa
Starts from the last sale price (AED 5.95M, 17 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,950,888
- Deposit, UAE resident (20%)
- AED 1,190,178
- Deposit, non-resident (40%)
- AED 2,380,355
- Monthly over 25 years at 3.7%
- AED 24,347
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →