1-bed · 629 sqftThe One Hotel, Business Bay · 3rd floor · completed 2019

304, The One Hotel

Sold prices and rental history: sold once, by the developer in July 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 2 July 2020
Last soldAED 1.9M2 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The One Hotel

What is 304 worth today?

Last sold for AED 1,895,000 in 2020

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2 Jul 2020Sold by developerOff-plan
AED 1,895,000AED 3,014 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2020.

Key facts

Type
1-bed hotel apartment
Size
629 sqft
Floor
3rd of 16
Parking
EU
Developer
TFG Real Estate
Completed
2019
Last sold
AED 1.9M · July 2020

About 304, The One Hotel

304 is a one-bedroom hotel apartment of 629 sqft on the 3rd floor of The One Hotel, a 16-storey tower in Business Bay completed in 2019 by TFG Real Estate. The developer sold it on 2 July 2020 for AED 1,895,000, or AED 3,014 per sqft, 10% above the AED 2,732 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in The One Hotel
1.6M1.8M2017202020232026Typical 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, July 2020: AED 1,895,000 (AED 3,014 per sqft)

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

1-beds in The One Hotel, and where 304 sits

All 43 1-beds →

304 last sold in July 2020 at AED 3,014 per sqft, 10% above what one-beds in The One Hotel were fetching at the time (AED 2,732).

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 3rd floor

All 491 units in The One Hotel
Value
301StudioAED 1.28M · Jul 2021
302StudioAED 1.29M · Dec 2023
303StudioAED 1.53M · Dec 2017
3051-bedAED 1.4M · Mar 2022
306StudioAED 1.45M · Oct 2024
307StudioAED 1.54M · Mar 2022
308StudioAED 1.6M · Mar 2018
1–7 of 33

304, The One Hotel in numbers

  • Sold once: by TFG Real Estate on 2 July 2020 for AED 1,895,000, or AED 3,014 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2020.

Questions about 304, The One Hotel

What did unit 304 last sell for?

AED 1,895,000 on 2 July 2020, sold by the developer: AED 3,014 per sqft for 629 sqft. It is the only registered sale of the unit.

How big is unit 304?

629 sqft (58.4 sqm): a one-bedroom hotel apartment on the 3rd floor of a 16-storey tower completed in 2019.

What is unit 304 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 304, The One Hotel

Starts from the last sale price (AED 1.9M, 2 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,895,000
Deposit, UAE resident (20%)
AED 379,000
Deposit, non-resident (40%)
AED 758,000
Monthly over 25 years at 3.7%
AED 7,753

Plus AED 84,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →