1-bed · 1,098 sqftBurj Khalifa, Downtown Dubai · 24th floor · completed 2012

2422, Burj Khalifa

Sold prices and rental history: sold 3 times, last in December 2018, and rented once, from April 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2422 · DLD and Ejari recordsUpdated 16 December 2018
Last soldAED 1.8M16 December 2018
Current rentAED 170K /yr10 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2422, Burj Khalifa

What is 2422 worth today?

Last sold for AED 1,800,000 in 2018

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16 Dec 2018SoldReady
AED 1,800,000AED 1,639 per sqft
10 Apr 2017RentedNew contract
AED 170,000/yr12 months · AED 155 per sqft
2 May 2011Sold by developerReady
AED 2,600,000AED 2,367 per sqft
2 May 2011SoldReady
AED 2,341,888AED 2,132 per sqft

Source: Dubai Land Department. Updated 16 December 2018.

Key facts

Type
1-bed apartment
Size
1,098 sqft
Floor
24th of 107
Parking
B2-7161
Developer
Emaar
Completed
2012
Service charge
AED 95,500 /yr
Last sold
AED 1.8M · December 2018
Building
Burj Khalifa

About 2422, Burj Khalifa

2422 is a one-bedroom apartment of 1,098 sqft on the 24th floor of Burj Khalifa, a 107-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 16 December 2018 for AED 1,800,000, or AED 1,639 per sqft, 25% below the AED 2,187 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2017. The current contract, signed on 10 April 2017, is AED 170,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 95,500 a year.

Sales and rents for 2422 over time

Sales
Unit 2422, 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, May 2011: AED 2,600,000 (AED 2,367 per sqft)Sold, May 2011: AED 2,341,888 (AED 2,132 per sqft)Sold, December 2018: AED 1,800,000 (AED 1,639 per sqft)

2422 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2422, 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, April 2017: AED 170,000 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 2422 sits

All 265 1-beds →

2422 last sold in December 2018 at AED 1,639 per sqft, 25% below what one-beds in Burj Khalifa were fetching at the time (AED 2,187). 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. 2422's AED 170,000 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 24th floor

All 899 units in Burj Khalifa
Value
24011-bedAED 2.35M · Jul 2010
2402StudioAED 2.03M · Dec 2023
24032-bedAED 6.23M · Apr 2013
24043-bedAED 5.4M · Aug 2010
2405StudioAED 1.18M · Jul 2010
24061-bedAED 3.31M · Apr 2013
24071-bedAED 8.66M · Jul 2010
1–7 of 22

2422, Burj Khalifa in numbers

  • Sold 3 times: first on 2 May 2011 for AED 2,341,888, last on 16 December 2018 for AED 1,800,000 (AED 1,639 per sqft).
  • Rented since April 2017 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 95,500 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 16 December 2018.

Questions about 2422, Burj Khalifa

What did unit 2422 last sell for?

AED 1,800,000 on 16 December 2018: AED 1,639 per sqft for 1,098 sqft. The unit has 3 registered sales; the first was AED 2,341,888 in May 2011.

What is the rent for unit 2422?

AED 170,000 a year on the contract signed on 10 April 2017.

How big is unit 2422?

1,098 sqft (102.0 sqm): a one-bedroom apartment on the 24th floor of a 107-storey tower completed in 2012.

What is unit 2422 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 2422, Burj Khalifa

Starts from the last sale price (AED 1.8M, 16 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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