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Studio · 321 sqftThe One Hotel, Business Bay · 10th floor · completed 2019

1003, The One Hotel

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 870K4 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, The One Hotel

What is 1003 worth today?

Last sold for AED 870,000 in 2023

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4 Aug 2023SoldReady
AED 870,000AED 2,707 per sqft
18 Jun 2019Sold by developerOff-plan
AED 1,365,000AED 4,248 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2023.

Key facts

Type
Studio hotel apartment
Size
321 sqft
Floor
10th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 870K · August 2023
Building
The One Hotel

About 1003, The One Hotel

1003 is a studio of 321 sqft on the 10th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 4 August 2023 for AED 870,000, or AED 2,707 per sqft, 32% below the AED 3,975 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in The One Hotel
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,495,000; 2018 AED 1,413,000; 2019 AED 1,458,351; 2020 AED 1,412,013; 2021 AED 1,449,650; 2022 AED 1,380,000; 2023 AED 1,291,500; 2024 AED 1,372,473; 2025 AED 1,491,000; 2026 AED 1,500,000Sold by developer, June 2019: AED 1,365,000 (AED 4,248 per sqft)Sold, August 2023: AED 870,000 (AED 2,707 per sqft)

1003 has sold twice; the dashed line is the studio median of each year in the building.

Studios in The One Hotel, and where 1003 sits

All 440 studios →

1003 last sold in August 2023 at AED 2,707 per sqft, 32% below what studios in The One Hotel were fetching at the time (AED 3,975). Over the last 12 months studios sold for AED 990,000 to 1,625,000, around AED 4,617 per sqft.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 20261,510,000
9 Feb 2026990,000
15 Jan 20261,490,650
2 Jan 20261,500,000
9 studio sales in the last 12 months

The One Hotel

Building

491 apartments, studios to 1-bed over 16 floors in Business Bay, completed in 2019 by TFG Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 4,617
Typical sale
AED 1.5M
Typical rent
Few contracts
Typical yield
The One Hotel, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 491 units in The One Hotel
Value
1001StudioAED 795K · Jul 2024
1002StudioAED 1.37M · Jul 2018
10041-bedAED 1.8M · Jan 2022
10051-bedAED 1.8M · Jul 2023
1006StudioAED 1.15M · May 2018
1007StudioAED 990K · Feb 2026
1008StudioAED 1.29M · Nov 2022
1–7 of 32

1003, The One Hotel in numbers

  • Sold twice: first on 18 June 2019 for AED 1,365,000, last on 4 August 2023 for AED 870,000 (AED 2,707 per sqft).
  • Studios in The One Hotel sold for AED 990,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 4,617 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2023.

Questions about 1003, The One Hotel

What did unit 1003 last sell for?

AED 870,000 on 4 August 2023: AED 2,707 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 1,365,000 in June 2019.

How big is unit 1003?

321 sqft (29.8 sqm): a studio on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The One Hotel sold for AED 990,000 to 1,625,000 in the last 12 months, around AED 4,617 per sqft.

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Mortgage on 1003, The One Hotel

Starts from the last sale price (AED 870K, 4 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →