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

1505, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 9.4M12 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, The Address Downtown Hotel

What is 1505 worth today?

Last sold for AED 9,400,000 in 2023

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12 May 2023SoldReady
AED 9,400,000AED 5,427 per sqft
6 Jan 2021SoldReady
AED 6,000,000AED 3,464 per sqft
1 Nov 2011SoldReady
AED 6,000,000AED 3,464 per sqft
30 Oct 2011Sold by developerReady
AED 7,152,888AED 4,129 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
2-bed hotel apartment
Size
1,732 sqft
Floor
15th of 60
Parking
P1-130
Last sold
AED 9.4M · May 2023

About 1505, The Address Downtown Hotel

1505 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 12 May 2023 for AED 9,400,000, or AED 5,427 per sqft, 21% above the AED 4,491 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, October 2011: AED 7,152,888 (AED 4,129 per sqft)Sold, November 2011: AED 6,000,000 (AED 3,464 per sqft)Sold, January 2021: AED 6,000,000 (AED 3,464 per sqft)Sold, May 2023: AED 9,400,000 (AED 5,427 per sqft)

1505 has sold 4 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 1505 sits

All 149 2-beds →

1505 last sold in May 2023 at AED 5,427 per sqft, 21% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,491). 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
15042-bedAED 7M · Mar 2020
15061-bedAED 2.54M · Sep 2021
15071-bedAED 7M · Dec 2013
15082-bedAED 14M · Dec 2013
1–7 of 15

1505, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 30 October 2011 for AED 7,152,888, last on 12 May 2023 for AED 9,400,000 (AED 5,427 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 12 May 2023.

Questions about 1505, The Address Downtown Hotel

What did unit 1505 last sell for?

AED 9,400,000 on 12 May 2023: AED 5,427 per sqft for 1,732 sqft. The unit has 4 registered sales; the first was AED 7,152,888 in October 2011.

How big is unit 1505?

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

What is unit 1505 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 1505, The Address Downtown Hotel

Starts from the last sale price (AED 9.4M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,400,000
Deposit, UAE resident (20%)
AED 1,880,000
Deposit, non-resident (40%)
AED 3,760,000
Monthly over 25 years at 3.7%
AED 38,458

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