Unit 5016 (Q 1), SLS Dubai Hotel & Residences: what it sold for and what it is worth now

Unit 5016 (Q 1) at SLS Dubai Hotel & Residences is a studio of 164 sq ft. It last sold for AED 690,476 on 23 Oct 2022. At AED 2,212 per sq ft, from 19 sales in the building in the last 12 months (studio), it is worth about AED 363,000 today.

Value todayAED 363,000AED 333,000 to AED 421,000
Last saleAED 690,47623 Oct 2022 · Resale
Change since last sale-47.4%Building trend alone: AED 508,958
Rent (median asking, studio)AED 100,000Gross yield 27.5%
Bedroomsstudio
Size164 sq ft
BuildingSLS Dubai Hotel & Residences by World of Wonders Real Estate Development, handed over 2020
Registered sales of this unit1

Every registered sale of unit 5016 (Q 1)

DatePriceSizeAED/sq ftType
23 Oct 2022AED 690,476164 sq ft4,210Resale

Latest studio sales in SLS Dubai Hotel & Residences

UnitDatePriceSizeAED/sq ftType
18097 Aug 2026AED 1,300,000655 sq ft1,985Resale
19082 Jul 2026AED 1,380,000651 sq ft2,120Resale
270221 May 2026AED 1,470,000678 sq ft2,168Resale
192114 May 2026AED 1,525,000651 sq ft2,343Resale
262030 Apr 2026AED 1,300,000651 sq ft1,997Resale
491127 Mar 2026AED 1,690,511659 sq ft2,565Resale
490927 Mar 2026AED 1,680,018655 sq ft2,565Resale
490727 Mar 2026AED 1,669,526651 sq ft2,565Resale

How we worked out the value

We took the 19 sales in SLS Dubai Hotel & Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,212). We multiplied it by the size of this unit (164 sq ft). The range uses the middle half of those sales (AED 2,028 to AED 2,565 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 508,958. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 5016 (Q 1) at SLS Dubai Hotel & Residences worth?

About AED 363,000 (range AED 333,000 to AED 421,000), based on AED 2,212 per sq ft from registered sales up to 9 Oct 2026.

When did unit 5016 (Q 1) last sell?

23 Oct 2022, for AED 690,476 (resale). It has 1 registered sale.

What rent can unit 5016 (Q 1) make?

A studio in SLS Dubai Hotel & Residences rents for about AED 100,000 a year (median asking rent). That is a gross yield of 27.5% on the estimate.

Sales alert for SLS Dubai Hotel & ResidencesAll sales in SLS Dubai Hotel & Residences

Unit 5015 · Unit 5016 (Q 2)