2-bed · 2,172 sqftArmani Residences Burj Khalifa, Downtown Dubai · 16th floor · completed 2010

1609, Armani Residences Burj Khalifa

Sold prices and rental history: sold 4 times, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 11.75M28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Armani Residences Burj Khalifa

What is 1609 worth today?

Last sold for AED 11,750,000 in 2024

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28 Aug 2024SoldReady
AED 11,750,000AED 5,408 per sqft
28 Aug 2024SoldReady
AED 11,750,000AED 5,408 per sqft
12 Aug 2014SoldReady
AED 17,000,000AED 7,825 per sqft
4 Mar 2012Sold by developerOff-plan · flagged as an outlier
AED 17,000,000AED 7,825 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
2,172 sqft
Floor
16th of 16
Parking
B1-5282,B1-5281
Developer
Emaar
Completed
2010
Last sold
AED 11.75M · August 2024

About 1609, Armani Residences Burj Khalifa

1609 is a two-bedroom apartment of 2,172 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 28 August 2024 for AED 11,750,000, or AED 5,408 per sqft, in line with the AED 5,408 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, August 2014: AED 17,000,000 (AED 7,825 per sqft)Sold, August 2024: AED 11,750,000 (AED 5,408 per sqft)Sold, August 2024: AED 11,750,000 (AED 5,408 per sqft)

1609 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1609, 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 1609 sits

All 48 2-beds →

1609 last sold in August 2024 at AED 5,408 per sqft, in line with what two-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,408). 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
16011-bedAED 1.75M · Jan 2020
16021-bedAED 3.1M · Nov 2025
16031-bedAED 2.5M · Jun 2021
16042-bedAED 12.12M · May 2014
16051-bedAED 7.3M · Jun 2014
16062-bedAED 10.99M · Jun 2014
16072-bedAED 4.3M · Aug 2022
1–7 of 17

1609, Armani Residences Burj Khalifa in numbers

  • Sold 4 times: first on 4 March 2012 for AED 17,000,000, last on 28 August 2024 for AED 11,750,000 (AED 5,408 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 28 August 2024.

Questions about 1609, Armani Residences Burj Khalifa

What did unit 1609 last sell for?

AED 11,750,000 on 28 August 2024: AED 5,408 per sqft for 2,172 sqft. The unit has 4 registered sales; the first was AED 17,000,000 in March 2012.

How big is unit 1609?

2,172 sqft (201.8 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2010.

What is unit 1609 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 1609, Armani Residences Burj Khalifa

Starts from the last sale price (AED 11.75M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,750,000
Deposit, UAE resident (20%)
AED 2,350,000
Deposit, non-resident (40%)
AED 4,700,000
Monthly over 25 years at 3.7%
AED 48,073

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