Home
Dubai prices
About
Research
1-bed · 1,051 sqftArmani Residences Burj Khalifa, Downtown Dubai · 16th floor · completed 2010

1614, Armani Residences Burj Khalifa

Sold prices and rental history: sold twice, last in August 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 3.5M15 August 2022
Current rentAED 150K /yr11 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1614

Property timeline for 1614, Armani Residences Burj Khalifa

What is 1614 worth today?

Last sold for AED 3,500,000 in 2022

Unlock today's estimate, updated daily, with

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

15 Aug 2022SoldReady
AED 3,500,000AED 3,331 per sqft
11 Jun 2021RentedNew contract
AED 150,000/yr12 months · AED 142 per sqft
7 Jun 2020RentedNew contract
AED 135,000/yr12 months · AED 128 per sqft
15 Jan 2018RentedNew contract
AED 200,000/yr12 months · AED 190 per sqft
18 Mar 2014Sold by developerReady
AED 5,694,032AED 5,419 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
16th of 16
Parking
B2-8176
Developer
Emaar
Completed
2010
Last sold
AED 3.5M · August 2022
Building
Armani Residences Burj Khalifa

About 1614, Armani Residences Burj Khalifa

1614 is a one-bedroom apartment of 1,051 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 15 August 2022 for AED 3,500,000, or AED 3,331 per sqft, in line with the AED 3,386 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 11 June 2021, is AED 150,000 a year: a gross yield of 4.3% on the 2022 price.

Sales and rents for 1614 over time

Sales
Unit 1614, 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 5,694,032 (AED 5,419 per sqft)Sold, August 2022: AED 3,500,000 (AED 3,331 per sqft)

1614 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1614, 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, January 2018: AED 200,000 a yearNew contract, June 2020: AED 135,000 a yearNew contract, June 2021: AED 150,000 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 1614 sits

All 96 1-beds →

1614 last sold in August 2022 at AED 3,331 per sqft, in line with what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 3,386). 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. 1614's AED 150,000 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

1614, Armani Residences Burj Khalifa in numbers

  • Sold twice: first on 18 March 2014 for AED 5,694,032, last on 15 August 2022 for AED 3,500,000 (AED 3,331 per sqft).
  • Rented since January 2018 on 3 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2020 and recovered to AED 150,000 by June 2021.
  • At AED 150,000 a year the gross yield on the 2022 price is 4.3%.
  • 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 15 August 2022.

Questions about 1614, Armani Residences Burj Khalifa

What did unit 1614 last sell for?

AED 3,500,000 on 15 August 2022: AED 3,331 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 5,694,032 in March 2014.

What is the rent for unit 1614?

AED 150,000 a year on the contract signed on 11 June 2021. The previous contract, from June 2020, was AED 135,000; the unit has been rented since January 2018.

How big is unit 1614?

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

What is unit 1614 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 1614? 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 1614, Armani Residences Burj Khalifa

Starts from the last sale price (AED 3.5M, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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