
1506, The Address Downtown Hotel
Sold prices and rental history: sold twice, last in September 2021, 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 1506, The Address Downtown Hotel
What is 1506 worth today?
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Source: Dubai Land Department. Updated 5 September 2021.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 796 sqft
- Floor
- 15th of 60
- Parking
- P1-221
- Last sold
- AED 2.54M · September 2021
- Building
- The Address Downtown Hotel
About 1506, The Address Downtown Hotel
1506 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 5 September 2021 for AED 2,540,006, or AED 3,190 per sqft, 67% above the AED 1,914 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in The Address Downtown Hotel, and where 1506 sits
All 335 1-beds →1506 last sold in September 2021 at AED 3,190 per sqft, 67% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 1,914). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 741 sqft | 3,140,000 | 4,237 | ||
| 9 Oct 20269 October 2026 | 935 sqft | 3,400,000 | 3,636 | ||
| 28 Sep 202628 September 2026 | 959 sqft | 2,600,000 | 2,711 | ||
| 26 Aug 202626 August 2026 | 927 sqft | 3,050,000 | 3,290 |
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 15th floor
All 625 units in The Address Downtown Hotel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,848 sqft | AED 7.5MAED 7,500,000 · Oct 2025October 2025 | ||
| 1502 | 1-bed | 880 sqft | AED 4.5MAED 4,500,000 · Apr 2025April 2025 | ||
| 1503 | 1-bed | 796 sqft | AED 2.61MAED 2,612,971 · Jun 2018June 2018 | ||
| 1504 | 2-bed | 1,732 sqft | AED 7MAED 7,000,000 · Mar 2020March 2020 | ||
| 1505 | 2-bed | 1,732 sqft | AED 9.4MAED 9,400,000 · May 2023May 2023 | ||
| 1507 | 1-bed | 880 sqft | AED 7MAED 7,000,000 · Dec 2013December 2013 | ||
| 1508 | 2-bed | 1,848 sqft | AED 14MAED 14,000,000 · Dec 2013December 2013 | ||
| 1509 | 1-bed | 935 sqft | AED 5.8MAED 5,800,000 · Dec 2013December 2013 | ||
| 1510 | Studio | 519 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | ||
| 1511 | Studio | 519 sqft | AED 1.88MAED 1,875,000 · Apr 2025April 2025 | ||
| 1512 | 1-bed | 927 sqft | AED 1.34MAED 1,339,888 · May 2011May 2011 | ||
| 1513 | 1-bed | 927 sqft | AED 2.7MAED 2,700,000 · May 2024May 2024 | ||
| 1514 | Studio | 519 sqft | AED 1.84MAED 1,840,000 · Aug 2024August 2024 | ||
| 1515 | Studio | 519 sqft | AED 2.1MAED 2,100,000 · Dec 2023December 2023 | ||
| 1516 | 1-bed | 935 sqft | AED 1.38MAED 1,376,888 · Jan 2010January 2010 |
1506, The Address Downtown Hotel in numbers
- Sold twice: first on 18 April 2010 for AED 3,975,888, last on 5 September 2021 for AED 2,540,006 (AED 3,190 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 5 September 2021.
Questions about 1506, The Address Downtown Hotel
What did unit 1506 last sell for?
AED 2,540,006 on 5 September 2021: AED 3,190 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 3,975,888 in April 2010.
How big is unit 1506?
796 sqft (74.0 sqm): a one-bedroom hotel apartment on the 15th floor of a 60-storey tower.
What is unit 1506 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.
Selling 1506? Put it on the OpenOffers board
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Mortgage on 1506, The Address Downtown Hotel
Starts from the last sale price (AED 2.54M, 5 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,540,006
- Deposit, UAE resident (20%)
- AED 508,001
- Deposit, non-resident (40%)
- AED 1,016,002
- Monthly over 25 years at 3.7%
- AED 10,392
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →