1-bed · 1,044 sqftArmani Residences Burj Khalifa, Downtown Dubai · 16th floor · completed 2010

1618, Armani Residences Burj Khalifa

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1618 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 5.16M8 May 2014
Current rentAED 210K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1618, Armani Residences Burj Khalifa

What is 1618 worth today?

Last sold for AED 5,162,732 in 2014

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1 Apr 2025RentedNew contract
AED 210,000/yr12 months · AED 201 per sqft
23 Jan 2024RentedRenewal
AED 225,000/yr12 months · AED 215 per sqft
25 Jan 2023RentedNew contract
AED 221,189/yr12 months · AED 212 per sqft
1 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 115 per sqft
1 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 105 per sqft
1 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 110 per sqft
1 Sep 2018RentedNew contract
AED 166,667/yr9 months · AED 160 per sqft
8 May 2014Sold by developerReady
AED 5,162,732AED 4,943 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
1,044 sqft
Floor
16th of 16
Parking
B2-8171
Developer
Emaar
Completed
2010
Last sold
AED 5.16M · May 2014

About 1618, Armani Residences Burj Khalifa

1618 is a one-bedroom apartment of 1,044 sqft on the 16th floor of Armani Residences Burj Khalifa, a 16-storey tower in Downtown Dubai completed in 2010 by Emaar. The developer sold it on 8 May 2014 for AED 5,162,732, or AED 4,943 per sqft, 9% below the AED 5,419 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 April 2025, is AED 210,000 a year: a gross yield of 4.1% on the 2014 price.

Sales and rents for 1618 over time

Sales
Unit 1618, 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, May 2014: AED 5,162,732 (AED 4,943 per sqft)

1618 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1618, each contractTypical one-bed in Armani Residences Burj Khalifa
100K200K20152018202120242027Typical 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, September 2018: AED 166,667 a yearNew contract, August 2019: AED 115,000 a yearNew contract, October 2020: AED 110,000 a yearRenewal, October 2021: AED 120,000 a yearNew contract, January 2023: AED 221,189 a yearRenewal, January 2024: AED 225,000 a yearNew contract, April 2025: AED 210,000 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 1618 sits

All 96 1-beds →

1618 last sold in May 2014 at AED 4,943 per sqft, 9% below what one-beds in Armani Residences Burj Khalifa were fetching at the time (AED 5,419). 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. 1618's AED 210,000 is in the lower half 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 →
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

1618, Armani Residences Burj Khalifa in numbers

  • Sold once: by Emaar on 8 May 2014 for AED 5,162,732, or AED 4,943 per sqft.
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 166,667 to AED 110,000 in 2020 and recovered to AED 210,000 by April 2025.
  • At AED 210,000 a year the gross yield on the 2014 price is 4.1%.
  • 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 April 2025.

Questions about 1618, Armani Residences Burj Khalifa

What did unit 1618 last sell for?

AED 5,162,732 on 8 May 2014, sold by the developer: AED 4,943 per sqft for 1,044 sqft. It is the only registered sale of the unit.

What is the rent for unit 1618?

AED 210,000 a year on the contract signed on 1 April 2025. The previous contract, from January 2024, was AED 225,000; the unit has been rented since September 2018.

How big is unit 1618?

1,044 sqft (97.0 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2010.

What is unit 1618 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 1618, Armani Residences Burj Khalifa

Starts from the last sale price (AED 5.16M, 8 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,162,732
Deposit, UAE resident (20%)
AED 1,032,546
Deposit, non-resident (40%)
AED 2,065,093
Monthly over 25 years at 3.7%
AED 21,122

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