1-bed · 1,103 sqftBurj Khalifa, Downtown Dubai · 20th floor · completed 2012

2023, Burj Khalifa

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2023 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 2.76M21 March 2012
Current rentAED 185K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2023, Burj Khalifa

What is 2023 worth today?

Last sold for AED 2,757,000 in 2012

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10 Sep 2024RentedRenewal
AED 185,000/yr12 months · AED 168 per sqft
10 Sep 2023RentedRenewal
AED 173,500/yr12 months · AED 158 per sqft
10 Sep 2022RentedNew contract
AED 165,000/yr12 months · AED 150 per sqft
10 Sep 2021RentedNew contract
AED 125,000/yr12 months · AED 114 per sqft
21 Mar 2012SoldReady
AED 2,757,000AED 2,499 per sqft
20 Dec 2011Sold by developerReady
AED 2,284,888AED 2,071 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
1,103 sqft
Floor
20th of 107
Parking
B1-4026
Developer
Emaar
Completed
2012
Service charge
AED 96,000 /yr
Last sold
AED 2.76M · March 2012
Building
Burj Khalifa

About 2023, Burj Khalifa

2023 is a one-bedroom apartment of 1,103 sqft on the 20th floor of Burj Khalifa, a 107-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 21 March 2012 for AED 2,757,000, or AED 2,499 per sqft, 8% above the AED 2,323 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 185,000 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 96,000 a year.

Sales and rents for 2023 over time

Sales
Unit 2023, each saleTypical one-bed in Burj Khalifa
2M4M2010201520202025Typical sale price by year: 2010 AED 2,403,888; 2011 AED 2,546,888; 2012 AED 2,890,444; 2013 AED 3,487,500; 2014 AED 4,012,016; 2015 AED 3,540,000; 2016 AED 2,800,000; 2017 AED 2,619,370; 2018 AED 2,100,000; 2019 AED 1,701,058; 2020 AED 1,700,000; 2021 AED 1,820,000; 2022 AED 2,275,000; 2023 AED 2,900,000; 2024 AED 3,100,000; 2025 AED 3,000,000; 2026 AED 2,925,000Sold by developer, December 2011: AED 2,284,888 (AED 2,071 per sqft)Sold, March 2012: AED 2,757,000 (AED 2,499 per sqft)

2023 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2023, each contractTypical one-bed in Burj Khalifa
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 139,000; 2014 AED 157,880; 2015 AED 163,366; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 145,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,297; 2022 AED 135,000; 2023 AED 152,500; 2024 AED 179,149; 2025 AED 180,000; 2026 AED 175,000New contract, September 2021: AED 125,000 a yearNew contract, September 2022: AED 165,000 a yearRenewal, September 2023: AED 173,500 a yearRenewal, September 2024: AED 185,000 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 Burj Khalifa, and where 2023 sits

All 265 1-beds →

2023 last sold in March 2012 at AED 2,499 per sqft, 8% above what one-beds in Burj Khalifa were fetching at the time (AED 2,323). Over the last 12 months one-beds sold for AED 2,240,000 to 4,600,000, around AED 2,687 per sqft, and rent for AED 105,000 to 300,000 a year. 2023's AED 185,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20262,240,000
24 Oct 20262,700,000
23 Oct 20262,950,000
5 Oct 20263,000,000
37 1-bed sales in the last 12 months

Burj Khalifa

Building

899 apartments, studios to 5-bed over 107 floors in Downtown Dubai, completed in 2012 by Emaar. 102 sold in the last 12 months.

Typical price per sqft
AED 2,898 Down 2.3%
Typical sale
AED 5M
Typical rent
AED 250K /yr
Typical yield
5.5%
Burj Khalifa, Downtown Dubai: prices, sales and rents →

Other units on the 20th floor

All 899 units in Burj Khalifa
Value
20011-bedAED 2.4M · Jun 2023
2002StudioAED 1.13M · Jul 2010
20032-bedAED 6.09M · Mar 2013
20043-bedAED 7.1M · Oct 2025
2005StudioAED 1.35M · Mar 2023
20061-bedAED 2.7M · Feb 2024
20071-bedAED 2.8M · Nov 2023
1–7 of 22

2023, Burj Khalifa in numbers

  • Sold twice: first on 20 December 2011 for AED 2,284,888, last on 21 March 2012 for AED 2,757,000 (AED 2,499 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 125,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2012 price is 6.7%, before a service charge of about AED 96,000 a year (AED 87.01 per sqft).
  • One-beds in Burj Khalifa sold for AED 2,240,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,898 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 2023, Burj Khalifa

What did unit 2023 last sell for?

AED 2,757,000 on 21 March 2012: AED 2,499 per sqft for 1,103 sqft. The unit has 2 registered sales; the first was AED 2,284,888 in December 2011.

What is the rent for unit 2023?

AED 185,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 173,500; the unit has been rented since September 2021.

How big is unit 2023?

1,103 sqft (102.5 sqm): a one-bedroom apartment on the 20th floor of a 107-storey tower completed in 2012.

What is unit 2023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Khalifa sold for AED 2,240,000 to 4,600,000 in the last 12 months, around AED 2,687 per sqft.

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Mortgage on 2023, Burj Khalifa

Starts from the last sale price (AED 2.76M, 21 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,757,000
Deposit, UAE resident (20%)
AED 551,400
Deposit, non-resident (40%)
AED 1,102,800
Monthly over 25 years at 3.7%
AED 11,280

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