2-bed · 1,732 sqftThe Address Downtown Hotel, Downtown Dubai · 15th floor

1504, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 9 March 2020
Last soldAED 7M9 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, The Address Downtown Hotel

What is 1504 worth today?

Last sold for AED 7,000,000 in 2020

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9 Mar 2020SoldReady
AED 7,000,000AED 4,041 per sqft
30 Apr 2014SoldReady
AED 11,000,001AED 6,350 per sqft
15 Apr 2010Sold by developerReady
AED 7,152,888AED 4,129 per sqft

Source: Dubai Land Department. Updated 9 March 2020.

Key facts

Type
2-bed hotel apartment
Size
1,732 sqft
Floor
15th of 60
Parking
P1-129
Last sold
AED 7M · March 2020

About 1504, The Address Downtown Hotel

1504 is a two-bedroom hotel apartment of 1,732 sqft on the 15th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 9 March 2020 for AED 7,000,000, or AED 4,041 per sqft, 11% above the AED 3,626 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in The Address Downtown Hotel
5M10M2009201420192024Typical sale price by year: 2009 AED 3,747,944; 2010 AED 3,425,888; 2011 AED 4,800,000; 2012 AED 5,917,500; 2013 AED 7,825,000; 2014 AED 10,800,000; 2015 AED 9,000,000; 2016 AED 5,291,944; 2017 AED 7,575,000; 2019 AED 6,467,825; 2020 AED 5,450,000; 2021 AED 6,790,000; 2022 AED 7,500,000; 2023 AED 8,600,000; 2024 AED 9,300,000; 2025 AED 9,500,000; 2026 AED 9,500,000Sold by developer, April 2010: AED 7,152,888 (AED 4,129 per sqft)Sold, April 2014: AED 11,000,001 (AED 6,350 per sqft)Sold, March 2020: AED 7,000,000 (AED 4,041 per sqft)

1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 1504 sits

All 149 2-beds →

1504 last sold in March 2020 at AED 4,041 per sqft, 11% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 3,626). 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 salesUnit no.Price (AED)Summary
21 Oct 20269,000,000
6 Jul 202614,200,000
2 Jul 20268,000,000
29 Apr 202616,000,000
12 2-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
15031-bedAED 2.61M · Jun 2018
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

1504, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 15 April 2010 for AED 7,152,888, last on 9 March 2020 for AED 7,000,000 (AED 4,041 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 9 March 2020.

Questions about 1504, The Address Downtown Hotel

What did unit 1504 last sell for?

AED 7,000,000 on 9 March 2020: AED 4,041 per sqft for 1,732 sqft. The unit has 3 registered sales; the first was AED 7,152,888 in April 2010.

How big is unit 1504?

1,732 sqft (160.9 sqm): a two-bedroom hotel apartment on the 15th floor of a 60-storey tower.

What is unit 1504 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 1504, The Address Downtown Hotel

Starts from the last sale price (AED 7M, 9 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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