1-bed · 314 sqftThe One Hotel, Business Bay · 12th floor · completed 2019

1204, The One Hotel

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

Unit 1204 · DLD and Ejari recordsUpdated 15 June 2020
Last soldAED 450K15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, The One Hotel

What is 1204 worth today?

Last sold for AED 450,000 in 2020

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15 Jun 2020SoldOff-plan
AED 450,000AED 1,433 per sqft
24 Oct 2017Sold by developerOff-plan
AED 1,675,000AED 2,664 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2020.

Key facts

Type
1-bed hotel apartment
Size
314 sqft
Floor
12th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 450K · June 2020

About 1204, The One Hotel

1204 is a one-bedroom hotel apartment of 314 sqft on the 12th floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. It last sold on 15 June 2020 for AED 450,000, or AED 1,433 per sqft, 46% below the AED 2,664 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in The One Hotel
1M2M2017202020232026Typical sale price by year: 2017 AED 1,737,500; 2018 AED 1,875,000; 2019 AED 1,595,000; 2020 AED 1,620,000; 2021 AED 1,675,000; 2022 AED 1,725,000; 2023 AED 1,800,000; 2025 AED 1,750,000Sold by developer, October 2017: AED 1,675,000 (AED 2,664 per sqft)Sold, June 2020: AED 450,000 (AED 1,433 per sqft)

1204 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The One Hotel, and where 1204 sits

All 43 1-beds →

1204 last sold in June 2020 at AED 1,433 per sqft, 46% below what one-beds in The One Hotel were fetching at the time (AED 2,664).

Recent 1-bed salesUnit no.Price (AED)Summary
26 Mar 20251,570,105
17 Feb 20251,750,000
17 Feb 20251,750,000
17 Jan 20241,740,000
0 1-bed 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 12th floor

All 491 units in The One Hotel
Value
1201StudioAED 1.6M · Apr 2018
1202StudioAED 1.29M · Aug 2023
1203StudioAED 1.36M · Dec 2023
12051-bedAED 1.58M · Dec 2020
1206StudioAED 1.29M · Nov 2023
1207StudioAED 1.29M · Nov 2023
1208StudioAED 1.41M · Sep 2020
1–7 of 32

1204, The One Hotel in numbers

  • Sold twice: first on 24 October 2017 for AED 1,675,000, last on 15 June 2020 for AED 450,000 (AED 1,433 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2020.

Questions about 1204, The One Hotel

What did unit 1204 last sell for?

AED 450,000 on 15 June 2020: AED 1,433 per sqft for 314 sqft. The unit has 2 registered sales; the first was AED 1,675,000 in October 2017.

How big is unit 1204?

314 sqft (29.2 sqm): a one-bedroom hotel apartment on the 12th floor of a 16-storey tower completed in 2019.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1204, The One Hotel

Starts from the last sale price (AED 450K, 15 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →