1-bed · 796 sqftThe Address Downtown Hotel, Downtown Dubai · 15th floor

1503, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 28 June 2018
Last soldAED 2.61M28 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Address Downtown Hotel

What is 1503 worth today?

Last sold for AED 2,612,971 in 2018

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28 Jun 2018SoldReady
AED 2,612,971AED 3,282 per sqft
29 Dec 2013SoldReady
AED 3,800,000AED 4,773 per sqft
16 May 2013SoldReady
AED 3,300,000AED 4,145 per sqft
7 Mar 2013Sold by developerReady
AED 3,110,888AED 3,908 per sqft

Source: Dubai Land Department. Updated 28 June 2018.

Key facts

Type
1-bed hotel apartment
Size
796 sqft
Floor
15th of 60
Parking
P1-220
Last sold
AED 2.61M · June 2018

About 1503, The Address Downtown Hotel

1503 is a one-bedroom hotel apartment of 796 sqft on the 15th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 28 June 2018 for AED 2,612,971, or AED 3,282 per sqft, 8% above the AED 3,037 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in The Address Downtown Hotel
2M4M2009201420192024Typical sale price by year: 2009 AED 1,562,500; 2010 AED 1,512,888; 2011 AED 1,692,888; 2012 AED 2,000,000; 2013 AED 3,300,000; 2014 AED 3,631,720; 2015 AED 3,200,000; 2016 AED 2,300,000; 2017 AED 3,073,444; 2018 AED 2,350,000; 2019 AED 1,800,000; 2020 AED 1,502,500; 2021 AED 1,945,000; 2022 AED 2,315,315; 2023 AED 2,875,000; 2024 AED 3,098,750; 2025 AED 3,500,000; 2026 AED 3,375,000Sold by developer, March 2013: AED 3,110,888 (AED 3,908 per sqft)Sold, May 2013: AED 3,300,000 (AED 4,145 per sqft)Sold, December 2013: AED 3,800,000 (AED 4,773 per sqft)Sold, June 2018: AED 2,612,971 (AED 3,282 per sqft)

1503 has sold 4 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 1503 sits

All 335 1-beds →

1503 last sold in June 2018 at AED 3,282 per sqft, 8% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,037). Over the last 12 months one-beds sold for AED 2,340,000 to 6,000,000, around AED 4,426 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20263,140,000
9 Oct 20263,400,000
28 Sep 20262,600,000
26 Aug 20263,050,000
37 1-bed sales in the last 12 months

The Address Downtown Hotel

Building

625 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
The Address Downtown Hotel, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 625 units in The Address Downtown Hotel
Value
15012-bedAED 7.5M · Oct 2025
15021-bedAED 4.5M · Apr 2025
15042-bedAED 7M · Mar 2020
15052-bedAED 9.4M · May 2023
15061-bedAED 2.54M · Sep 2021
15071-bedAED 7M · Dec 2013
15082-bedAED 14M · Dec 2013
1–7 of 15

1503, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 7 March 2013 for AED 3,110,888, last on 28 June 2018 for AED 2,612,971 (AED 3,282 per sqft).
  • One-beds in The Address Downtown Hotel sold for AED 2,340,000–6,000,000 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 28 June 2018.

Questions about 1503, The Address Downtown Hotel

What did unit 1503 last sell for?

AED 2,612,971 on 28 June 2018: AED 3,282 per sqft for 796 sqft. The unit has 4 registered sales; the first was AED 3,110,888 in March 2013.

How big is unit 1503?

796 sqft (74.0 sqm): a one-bedroom hotel apartment on the 15th floor of a 60-storey tower.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Downtown Hotel sold for AED 2,340,000 to 6,000,000 in the last 12 months, around AED 4,426 per sqft.

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Mortgage on 1503, The Address Downtown Hotel

Starts from the last sale price (AED 2.61M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,612,971
Deposit, UAE resident (20%)
AED 522,594
Deposit, non-resident (40%)
AED 1,045,188
Monthly over 25 years at 3.7%
AED 10,690

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →