1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 15th floor

1507, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 19 December 2013
Last soldAED 7M19 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, The Address Downtown Hotel

What is 1507 worth today?

Last sold for AED 7,000,000 in 2013

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19 Dec 2013SoldReady · flagged as an outlier
AED 7,000,000AED 7,954 per sqft
10 Nov 2010SoldReady
AED 2,300,000AED 2,613 per sqft
14 Jul 2009Sold by developerReady
AED 968,444AED 1,100 per sqft

Source: Dubai Land Department. Updated 19 December 2013.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
15th of 60
Parking
P3-38
Last sold
AED 7M · December 2013

About 1507, The Address Downtown Hotel

1507 is a one-bedroom hotel apartment of 880 sqft on the 15th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 19 December 2013 for AED 7,000,000, or AED 7,954 per sqft, 109% above the AED 3,805 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, July 2009: AED 968,444 (AED 1,100 per sqft)Sold, November 2010: AED 2,300,000 (AED 2,613 per sqft)

1507 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 1507 sits

All 335 1-beds →

1507 last sold in December 2013 at AED 7,954 per sqft, 109% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,805). 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
15031-bedAED 2.61M · Jun 2018
15042-bedAED 7M · Mar 2020
15052-bedAED 9.4M · May 2023
15061-bedAED 2.54M · Sep 2021
15082-bedAED 14M · Dec 2013
1–7 of 15

1507, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 14 July 2009 for AED 968,444, last on 19 December 2013 for AED 7,000,000 (AED 7,954 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 19 December 2013.

Questions about 1507, The Address Downtown Hotel

What did unit 1507 last sell for?

AED 7,000,000 on 19 December 2013: AED 7,954 per sqft for 880 sqft. The unit has 3 registered sales; the first was AED 968,444 in July 2009.

How big is unit 1507?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 15th floor of a 60-storey tower.

What is unit 1507 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 1507, The Address Downtown Hotel

Starts from the last sale price (AED 7M, 19 December 2013). 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 →