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Starting From
AED 649,000
13 active listings · updated Oct 11, 2026
Summary Project Name: The One Hotel (The One Hotel at Business Bay / Millennium Place Business Bay) Location: Business Bay, Dubai Developer: The First Group (Operated by Millennium Hotels) Status: Ready Property Type: Ultra-Premium Four/Five-Star Branded Hotel & Serviced Suites…
Developer
The First Group
Property type
Apartment
Unit mix
1, 2, 3 & 4 bedroom
Handover
Q4 2020
Total Units
504
Ownership
Freehold
Launched
Q1 2017
20%
Down Payment
40%
During Construction
40%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.
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Prime location in Business Bay - one of Dubai's most sought-after areas
Investment starts from AED 1.2M
Developed by The First Group
Expected completion: Q4 2020
High rental demand area with yields typically 6-8% annually
Pricing
From AED 649,000
Asking range tracked from 13 active listings across portals and developer releases.
Cash-flow profile
60% pre-handover
20% Down Payment · 40% During Construction · 40% On Handover
40% on handover
Area PSF benchmark
AED 2,509
Business Bay 12-month registered-sales median price per square foot.
Avg AED 2,589 / sqft
Market liquidity
10.8K sales
AED 34.8B traded in Business Bay over the last 12 months.
4,040 sales in 6 months
Off-plan demand
63.3% share
63.3% of Business Bay sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+17.3% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Business Bay recorded 10.8K DLD-registered sales worth AED 34.8B over the last 12 months, with a median price of AED 2,509 per square foot. 63.3% of those sales were off-plan, and prices moved +17.3% year-on-year.
Area PSF benchmark
AED 2,509
Market liquidity
10.8K sales
Off-plan demand
63.3%
Price momentum
+17.3%
DLD transactions linked to The One Hotel and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Hotel Apartment | - | 0 | 325 Sq Ft | AED 1,440,000 | AED 4,433 |
| May 22, 2026 | Ready | - | 0 | 320 Sq Ft | AED 1,630,000 | AED 5,095 |
| May 8, 2026 | Ready | - | 0 | 325 Sq Ft | AED 1,435,000 | AED 4,420 |
| May 1, 2026 | Ready | - | 1 | 629 Sq Ft | AED 1,695,000 | AED 2,696 |
| Apr 8, 2026 | Ready | - | 0 | 321 Sq Ft | AED 1,695,000 | AED 5,275 |
| Apr 7, 2026 | Ready | - | 0 | 321 Sq Ft | AED 1,442,935 | AED 4,491 |
| Apr 7, 2026 | Ready | - | 0 | 325 Sq Ft | AED 1,659,940 | AED 5,110 |
| Apr 3, 2026 | Ready | - | 1 | 629 Sq Ft | AED 1,711,650 | AED 2,722 |
| Mar 30, 2026 | Ready | - | 0 | 325 Sq Ft | AED 1,435,000 | AED 4,417 |
| Mar 26, 2026 | Ready | - | 0 | 325 Sq Ft | AED 1,710,000 | AED 5,264 |
| Feb 18, 2026 | Ready | - | 0 | 328 Sq Ft | AED 1,510,000 | AED 4,607 |
| Feb 9, 2026 | Ready | - | 0 | 325 Sq Ft | AED 990,000 | AED 3,048 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| Jul 2026 | 68 | AED 2,190 | AED 165.8M | 1,099 Sq Ft |
| Jun 2026 | 477 | AED 2,705 | AED 2.2B | 1,419 Sq Ft |
| May 2026 | 403 | AED 3,069 | AED 2.7B | 1,626 Sq Ft |
| Apr 2026 | 560 | AED 3,257 | AED 3.8B | 1,580 Sq Ft |
| Mar 2026 | 494 | AED 2,690 | AED 1.7B | 1,180 Sq Ft |
| Feb 2026 | 761 | AED 2,634 | AED 2.3B | 1,094 Sq Ft |
| Jan 2026 | 976 | AED 2,884 | AED 3.8B | 1,228 Sq Ft |
| Dec 2025 | 1,187 | AED 2,697 | AED 4.3B | 1,142 Sq Ft |
| Nov 2025 | 1,044 | AED 2,528 | AED 3.5B | 1,017 Sq Ft |
| Oct 2025 | 1,164 | AED 2,448 | AED 3.2B | 1,086 Sq Ft |
| Sep 2025 | 1,475 | AED 2,643 | AED 4B | 860 Sq Ft |
| Aug 2025 | 1,647 | AED 2,624 | AED 4B | 838 Sq Ft |
DLD Supply
Registered units
504
Registry units
504
Buildings
1
Max floors
19
Registry match
100% of registry count
Unit size range
90-7,493 sq ft
Parking bays
165
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Lowest asking price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| Studio | - | AED 649,000 | - | 11 active listings · observed Oct 11, 2026 |
| 1 Bedroom | - | AED 980,000 | - | 2 active listings · observed Oct 11, 2026 |
| 2 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 3 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 4 Bedroom Villa | - | Price on Request | - | Confirm current stack, view, and floor premium |
| Retail Space | - | Price on Request | - | Confirm current stack, view, and floor premium |
| Active resale supply | - | AED 649,000 – AED 1.8M | - | 13 active listings · observed Oct 11, 2026 |
Location
Discover the exceptional location of The One Hotel in Business Bay, offering unparalleled access to Dubai's finest destinations.
Get DirectionsWelcome to The One Hotel at Business Bay, an absolutely spectacular, highly ambitious, and visually stunning hospitality and investment development located in the incredibly vibrant and globally iconic commercial and residential district of Business Bay in Dubai. Masterfully conceptualized and developed by the highly acclaimed The First Group and managed under the globally renowned Millennium Hotels brand, this exceptional, massive-scale project represents a perfect, highly harmonious fusion of ultra-luxurious serviced urban living, profound investment practicality, and world-class resort hospitality. This highly comprehensive, exceptionally detailed guide will meticulously explore every single facet of the massive development, providing you with all the verified facts, intimate details, and critical insights needed to fully understand its unparalleled, staggering value proposition and why hotel-pool investments in Business Bay consistently outperform traditional real estate.
Situated with absolute, supreme, and completely unparalleled strategic advantage in the very heart of Business Bay, The One Hotel offers its highly privileged guests and investors unmatched, rapid connectivity to the absolute core of the entire city while maintaining a highly sophisticated, deeply luxurious corporate and leisure lifestyle. The massive master development is universally recognized for its immediate, walkable proximity to the spectacular Dubai Water Canal promenades, the massive Dubai Mall, and the pristine Burj Khalifa district. Guests will enjoy totally seamless, ultra-fast, direct access to the Business Bay Metro Station, ensuring entirely effortless, completely traffic-free city exploration. Furthermore, major arterial routes such as Sheikh Zayed Road (E11) and Al Khail Road facilitate incredibly quick commutes to Downtown Dubai, the Dubai International Financial Centre (DIFC), Dubai Marina, and the Dubai International Airport (DXB)—all highly accessible. The strategic positioning of The One Hotel ensures that your investment is always supremely well-connected to the city's absolute most exclusive and critical tourism destinations.
The architectural design of The One Hotel is a truly magnificent, awe-inspiring testament to visionary hospitality engineering and the absolute highest echelons of contemporary luxury aesthetics tailored for the modern business and leisure traveler. The soaring, highly sleek tower structure features exceptionally high-quality, bespoke exterior materials, including expansive floor-to-ceiling panoramic, energy-efficient glass facades that ensure both absolute, long-term structural durability against the environment and a highly prestigious, breathtaking visual presence against the dynamic Business Bay skyline. Inside, the luxury hotel suites and serviced rooms are meticulously and highly intelligently planned to absolutely maximize natural ambient light and completely optimize the breathtaking, uninterrupted panoramic views of the spectacular Canal skyline or the distant Downtown skyscrapers. The unparalleled interiors are fully furnished and utilize only ultra-premium, imported finishes, sophisticated bespoke color palettes, and totally innovative spatial design elements to set a completely new global benchmark for superior hospitality quality. The imposing structure commands absolute respect.
At The One Hotel, the daily luxury lifestyle, absolute convenience, and total holistic well-being of its elite guests are treated as the absolute highest possible priorities. The massive master development is equipped with an incredibly impressive, completely unparalleled array of world-class resort-style amenities designed specifically to cater to every conceivable whim of corporate executives and highly active tourists. The absolute centerpiece is the spectacular, massive temperature-controlled rooftop infinity swimming pool, offering breathtaking panoramic views of the city. Key facilities also include highly advanced, state-of-the-art fitness centers and health clubs, incredibly luxurious spa facilities, dedicated massive business centers, elite concierge services, a sports bar, and spectacular high-end dining venues located within the complex. These spectacular, massive spaces are meticulously managed by an elite, world-class hotel management team (Millennium) to provide a completely seamless, premium, and entirely interruption-free lifestyle experience every single day. The environment fosters a highly secure, incredibly vibrant corporate and leisure atmosphere.
Understanding the immense financial framework and the massive, specific investment product offering is absolutely crucial for any major property investment in a premier tourism hotspot. The One Hotel offers a highly exclusive selection of incredibly efficient luxury configurations, focusing on premium hotel rooms and 1-bedroom serviced suites, expertly catering to global tourists and discerning global investor preferences seeking entirely passive income. Each unit is crafted with the absolute utmost attention to turnkey detail.
The incredibly powerful, highly visionary driving force behind the development of this monumental, skyline-defining property is The First Group, a highly prestigious, exceptionally well-funded master developer entirely synonymous with incredibly ambitious hospitality projects, vast financial reliability, and highly successful, ultra-large-scale premium hotel creation across Dubai (creators of Ciel Tower and numerous Wyndham properties). By bringing in Millennium Hotels as the operator for the hotel tower, they have firmly established a truly stellar, unbeatable reputation for consistently delivering enduring, ultra-high-quality service and totally redefining market expectations for hospitality investments. Their highly professional, visionary approach to luxury property development means that The One Hotel is not just a building, but a thriving, expertly managed, and highly desirable, permanent premium hospitality destination.
The continuous, massive, and robust infrastructural maturity of the Business Bay corridor plays a massive, undeniable role in continually boosting the intrinsic, undeniable value of The One Hotel. As the district firmly cements its position as the absolute premier, highly connected, globally recognized corporate and tourism destination of Dubai, the demand for truly premium, branded hotel rooms is heavily projected to remain exceptionally strong and vastly outpace any future central supply. The unwavering commitment to absolute excellence demonstrated by the massive master operator ensures that the property will consistently benefit from incredibly high desirability and occupancy rates year-round, carefully safeguarding the investment of every stakeholder.
The One Hotel by The First Group in Business Bay starts from AED 649,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
The One Hotel offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
The One Hotel is scheduled for completion in Q4 2020. The project is ready for immediate occupancy.
The One Hotel by The First Group in Business Bay offers strong investment potential. Business Bay is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
The One Hotel is developed by The First Group, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
The One Hotel offers world-class amenities including Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking. These amenities are designed to provide residents with a premium lifestyle experience.