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1-bed · 1,205 sqftArmani Residences Burj Khalifa, Downtown Dubai · 16th floor · completed 2010

1613, Armani Residences Burj Khalifa

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1613 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 3.68M4 November 2024
Current rentAED 145K /yr8 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1613, Armani Residences Burj Khalifa

What is 1613 worth today?

Last sold for AED 3,675,000 in 2024

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4 Nov 2024SoldReady
AED 3,675,000AED 3,049 per sqft
4 Nov 2024SoldReady
AED 3,675,000AED 3,049 per sqft
8 Jul 2023RentedRenewal
AED 145,000/yr10 months · AED 120 per sqft
8 Jul 2021RentedRenewal
AED 145,000/yr24 months · AED 120 per sqft
8 Jul 2019RentedRenewal
AED 150,000/yr24 months · AED 124 per sqft
8 Jul 2018RentedNew contract
AED 158,000/yr12 months · AED 131 per sqft
25 Apr 2017RentedNew contract
AED 205,000/yr12 months · AED 170 per sqft
31 Mar 2014Sold by developerReady
AED 6,687,332AED 5,649 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
1-bed apartment
Size
1,205 sqft
Floor
16th of 16
Parking
B1-5103
Developer
Emaar
Completed
2010
Last sold
AED 3.68M · November 2024
Building
Armani Residences Burj Khalifa

About 1613, Armani Residences Burj Khalifa

1613 is a one-bedroom apartment of 1,205 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 4 November 2024 for AED 3,675,000, or AED 3,049 per sqft, in line with the AED 3,132 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 8 July 2023, is AED 145,000 a year: a gross yield of 4.0% on the 2024 price.

Sales and rents for 1613 over time

Sales
Unit 1613, 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, March 2014: AED 6,687,332 (AED 5,649 per sqft)Sold, November 2024: AED 3,675,000 (AED 3,049 per sqft)Sold, November 2024: AED 3,675,000 (AED 3,049 per sqft)

1613 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1613, 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, April 2017: AED 205,000 a yearNew contract, July 2018: AED 158,000 a yearRenewal, July 2019: AED 150,000 a yearRenewal, July 2021: AED 145,000 a yearRenewal, July 2023: AED 145,000 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 1613 sits

All 96 1-beds →

1613 last sold in November 2024 at AED 3,049 per sqft, in line with what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 3,132). 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. 1613's AED 145,000 is at the bottom 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 16th floor

All 144 units in Armani Residences Burj Khalifa
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

1613, Armani Residences Burj Khalifa in numbers

  • Sold 3 times: first on 31 March 2014 for AED 6,687,332, last on 4 November 2024 for AED 3,675,000 (AED 3,049 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 205,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 4.0%.
  • 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 4 November 2024.

Questions about 1613, Armani Residences Burj Khalifa

What did unit 1613 last sell for?

AED 3,675,000 on 4 November 2024: AED 3,049 per sqft for 1,205 sqft. The unit has 3 registered sales; the first was AED 6,687,332 in March 2014.

What is the rent for unit 1613?

AED 145,000 a year on the contract renewed on 8 July 2023. The previous contract, from July 2021, was AED 145,000; the unit has been rented since April 2017.

How big is unit 1613?

1,205 sqft (111.9 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2010.

What is unit 1613 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 1613, Armani Residences Burj Khalifa

Starts from the last sale price (AED 3.68M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,675,000
Deposit, UAE resident (20%)
AED 735,000
Deposit, non-resident (40%)
AED 1,470,000
Monthly over 25 years at 3.7%
AED 15,036

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