1603, Armani Residences Burj Khalifa
Sold prices and rental history: sold twice, last in June 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Armani Residences Burj Khalifa
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,183 sqft
- Floor
- 16th of 16
- Parking
- B1-5276
- Developer
- Emaar
- Completed
- 2010
- Last sold
- AED 2.5M · June 2021
- Building
- Armani Residences Burj Khalifa
About 1603, Armani Residences Burj Khalifa
1603 is a one-bedroom apartment of 1,183 sqft on the 16th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. It last sold on 24 June 2021 for AED 2,500,000, or AED 2,113 per sqft, in line with the AED 2,151 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 November 2024, is AED 240,000 a year: a gross yield of 9.6% on the 2021 price.
Sales and rents for 1603 over time
1603 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 1603 sits
All 96 1-beds →1603 last sold in June 2021 at AED 2,113 per sqft, in line with what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 2,151). 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. 1603's AED 240,000 is in the upper half of that range.
| 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 16th floor
All 144 units in Armani Residences Burj Khalifa| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 1,049 sqft | AED 1.75MAED 1,750,000 · Jan 2020January 2020 | 175,000 /yr | |
| 1602 | 1-bed | 1,011 sqft | AED 3.1MAED 3,100,000 · Nov 2025November 2025 | 200,000 /yr | |
| 1604 | 2-bed | 2,174 sqft | AED 12.12MAED 12,122,888 · May 2014May 2014 | ||
| 1605 | 1-bed | 1,182 sqft | AED 7.3MAED 7,300,888 · Jun 2014June 2014 | 181,000 /yr | |
| 1606 | 2-bed | 1,926 sqft | AED 10.99MAED 10,992,888 · Jun 2014June 2014 | 675,000 /yr | |
| 1607 | 2-bed | 1,926 sqft | AED 4.3MAED 4,300,000 · Aug 2022August 2022 | 100,000 /yr | |
| 1608 | 1-bed | 1,181 sqft | AED 7.44MAED 7,441,232 · Jan 2014January 2014 | 315,000 /yr | |
| 1609 | 2-bed | 2,172 sqft | AED 11.75MAED 11,750,000 · Aug 2024August 2024 | ||
| 1610 | 1-bed | 1,185 sqft | AED 4MAED 4,000,000 · Jul 2023July 2023 | ||
| 1611 | 2-bed | 2,058 sqft | AED 7.3MAED 7,300,000 · Jan 2025January 2025 | 595,000 /yr | |
| 1612 | 2-bed | 1,926 sqft | AED 6.5MAED 6,500,000 · Oct 2021October 2021 | 420,000 /yr | |
| 1613 | 1-bed | 1,205 sqft | AED 3.68MAED 3,675,000 · Nov 2024November 2024 | 145,000 /yr | |
| 1614 | 1-bed | 1,051 sqft | AED 3.5MAED 3,500,000 · Aug 2022August 2022 | 150,000 /yr | |
| 1615 | 1-bed | 1,051 sqft | AED 3.5MAED 3,500,000 · Feb 2020February 2020 | ||
| 1616 | 1-bed | 1,185 sqft | AED 6.26MAED 6,264,182 · Jun 2014June 2014 | ||
| 1617 | 1-bed | 986 sqft | AED 5.15MAED 5,154,332 · Nov 2014November 2014 | 215,000 /yr | |
| 1618 | 1-bed | 1,044 sqft | AED 5.16MAED 5,162,732 · May 2014May 2014 | 210,000 /yr |
1603, Armani Residences Burj Khalifa in numbers
- Sold twice: first on 29 December 2009 for AED 12,384,888, last on 24 June 2021 for AED 2,500,000 (AED 2,113 per sqft).
- Rented since September 2021 on 2 Ejari contracts, from AED 100,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2021 price is 9.6%.
- 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 1 November 2024.
Questions about 1603, Armani Residences Burj Khalifa
What did unit 1603 last sell for?
AED 2,500,000 on 24 June 2021: AED 2,113 per sqft for 1,183 sqft. The unit has 2 registered sales; the first was AED 12,384,888 in December 2009.
What is the rent for unit 1603?
AED 240,000 a year on the contract signed on 1 November 2024. The previous contract, from September 2021, was AED 100,000.
How big is unit 1603?
1,183 sqft (109.9 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2010.
What is unit 1603 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 1603, Armani Residences Burj Khalifa
Starts from the last sale price (AED 2.5M, 24 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →