1401, The Address Downtown Hotel
Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, The Address Downtown Hotel
What is 1401 worth today?
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Source: Dubai Land Department. Updated 26 September 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 4,779 sqft
- Floor
- 14th of 60
- Parking
- P2-117,P2-118
- Last sold
- AED 17M · September 2022
- Building
- The Address Downtown Hotel
About 1401, The Address Downtown Hotel
1401 is a two-bedroom hotel apartment of 4,779 sqft on the 14th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 26 September 2022 for AED 17,000,000, or AED 3,556 per sqft, 11% below the AED 4,001 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1401 over time
1401 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Downtown Hotel, and where 1401 sits
All 149 2-beds →1401 last sold in September 2022 at AED 3,556 per sqft, 11% below what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,001). Over the last 12 months two-beds sold for AED 8,000,000 to 11,300,000, around AED 5,729 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,848 sqft | 9,000,000 | 4,870 | ||
| 6 Jul 20266 July 2026 | 1,732 sqft | 14,200,000 | 8,198 | ||
| 2 Jul 20262 July 2026 | 1,732 sqft | 8,000,000 | 4,618 | ||
| 29 Apr 202629 April 2026 | 1,870 sqft | 16,000,000 | 8,556 |
The Address Downtown Hotel
Building625 apartments, studios to 4-bed over 60 floors in Downtown Dubai. 58 sold in the last 12 months.
- Typical price per sqft
- AED 4,522 Up 4.5%
- Typical sale
- AED 3.45M
- Typical rent
- Few contracts
- Typical yield
Other units on the 14th floor
All 625 units in The Address Downtown Hotel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 2,324 sqft | AED 8MAED 8,000,000 · Sep 2022September 2022 |
1401, The Address Downtown Hotel in numbers
- Sold twice: first on 19 May 2014 for AED 21,868,888, last on 26 September 2022 for AED 17,000,000 (AED 3,556 per sqft).
- Two-beds in The Address Downtown Hotel sold for AED 8,000,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 4,522 per sqft.
Source: Dubai Land Department. Updated 26 September 2022.
Questions about 1401, The Address Downtown Hotel
What did unit 1401 last sell for?
AED 17,000,000 on 26 September 2022: AED 3,556 per sqft for 4,779 sqft. The unit has 2 registered sales; the first was AED 21,868,888 in May 2014.
How big is unit 1401?
4,779 sqft (444.0 sqm): a two-bedroom hotel apartment on the 14th floor of a 60-storey tower.
What is unit 1401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Downtown Hotel sold for AED 8,000,000 to 11,300,000 in the last 12 months, around AED 5,729 per sqft.
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Mortgage on 1401, The Address Downtown Hotel
Starts from the last sale price (AED 17M, 26 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 17,000,000
- Deposit, UAE resident (20%)
- AED 3,400,000
- Deposit, non-resident (40%)
- AED 6,800,000
- Monthly over 25 years at 3.7%
- AED 69,552
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →