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

1615, Armani Residences Burj Khalifa

Sold prices and rental history: sold 4 times, last in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 19 February 2020
Last soldAED 3.5M19 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1615, Armani Residences Burj Khalifa

What is 1615 worth today?

Last sold for AED 3,500,000 in 2020

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19 Feb 2020SoldReady
AED 3,500,000AED 3,331 per sqft
11 May 2017SoldReady
AED 6,000,000AED 5,711 per sqft
21 Apr 2016SoldReady
AED 6,000,000AED 5,711 per sqft
2 Mar 2010Sold by developerOff-plan · flagged as an outlier
AED 10,457,888AED 9,954 per sqft

Source: Dubai Land Department. Updated 19 February 2020.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
16th of 16
Parking
B2-8175
Developer
Emaar
Completed
2010
Last sold
AED 3.5M · February 2020
Building
Armani Residences Burj Khalifa

About 1615, Armani Residences Burj Khalifa

1615 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 19 February 2020 for AED 3,500,000, or AED 3,331 per sqft, 32% above the AED 2,532 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1615 over time

Sales
Unit 1615, 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, April 2016: AED 6,000,000 (AED 5,711 per sqft)Sold, May 2017: AED 6,000,000 (AED 5,711 per sqft)Sold, February 2020: AED 3,500,000 (AED 3,331 per sqft)

1615 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1615, 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 202,500

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 1615 sits

All 96 1-beds →

1615 last sold in February 2020 at AED 3,331 per sqft, 32% above what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 2,532). 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 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

1615, Armani Residences Burj Khalifa in numbers

  • Sold 4 times: first on 2 March 2010 for AED 10,457,888, last on 19 February 2020 for AED 3,500,000 (AED 3,331 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 19 February 2020.

Questions about 1615, Armani Residences Burj Khalifa

What did unit 1615 last sell for?

AED 3,500,000 on 19 February 2020: AED 3,331 per sqft for 1,051 sqft. The unit has 4 registered sales; the first was AED 10,457,888 in March 2010.

How big is unit 1615?

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 1615 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 1615, Armani Residences Burj Khalifa

Starts from the last sale price (AED 3.5M, 19 February 2020). 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 →