Studio · 519 sqftThe Address Downtown Hotel, Downtown Dubai · 15th floor

1515, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1515 · DLD and Ejari recordsUpdated 20 December 2023

Last soldAED 2.1M20 December 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1515, The Address Downtown Hotel

Today

What is 1515 worth today?

Last sold for AED 2,100,000 in 2023

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20 Dec 2023

20 Dec 2023SoldReady

AED 2,100,000AED 4,045 per sqft

16 Oct 2012

16 Oct 2012SoldReady

AED 1,600,000AED 3,082 per sqft

19 May 2009

19 May 2009Sold by developerReady

AED 2,467,888AED 4,754 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type: Studio hotel apartment
Size: 519 sqft
Floor: 15th of 60
Parking: P3-133
Last sold: AED 2.1M · December 2023
Building: The Address Downtown Hotel

About 1515, The Address Downtown Hotel

1515 is a studio of 519 sqft on the 15th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 20 December 2023 for AED 2,100,000, or AED 4,045 per sqft, 27% above the AED 3,178 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1515 over time

Sales

Unit 1515, each saleTypical studio in The Address Downtown Hotel

1515 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in The Address Downtown Hotel, and where 1515 sits

All 130 studios →

Studios in The Address Downtown Hotel · last 12 months3,323 /sqft The Address Downtown Hotel · all types4,522 /sqft

1515 last sold in December 2023 at AED 4,045 per sqft, 27% above what studios in The Address Downtown Hotel were fetching at the time (AED 3,178). Over the last 12 months studios sold for AED 1,400,000 to 1,920,000, around AED 3,323 per sqft.

Recent studio sales	Size	Price (AED)	Per sqft
5 Aug 20265 August 2026	519 sqft	10,816	20
3 Aug 20263 August 2026	519 sqft	1,770,000	3,410
11 May 202611 May 2026	519 sqft	1,400,000	2,697
6 May 20266 May 2026	519 sqft	1,680,000	3,236

8 studio 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


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
1506	1-bed	796 sqft	AED 2.54MAED 2,540,006 · Sep 2021September 2021
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
1516	1-bed	935 sqft	AED 1.38MAED 1,376,888 · Jan 2010January 2010

1–7 of 15

1515, The Address Downtown Hotel in numbers

Sold 3 times: first on 19 May 2009 for AED 2,467,888, last on 20 December 2023 for AED 2,100,000 (AED 4,045 per sqft).
Studios in The Address Downtown Hotel sold for AED 1,400,000–1,920,000 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 20 December 2023.

Questions about 1515, The Address Downtown Hotel

What did unit 1515 last sell for?

AED 2,100,000 on 20 December 2023: AED 4,045 per sqft for 519 sqft. The unit has 3 registered sales; the first was AED 2,467,888 in May 2009.

How big is unit 1515?

519 sqft (48.2 sqm): a studio on the 15th floor of a 60-storey tower.

What is unit 1515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Address Downtown Hotel sold for AED 1,400,000 to 1,920,000 in the last 12 months, around AED 3,323 per sqft.

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Mortgage on 1515, The Address Downtown Hotel

Starts from the last sale price (AED 2.1M, 20 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 2,100,000
Deposit, UAE resident (20%): AED 420,000
Deposit, non-resident (40%): AED 840,000
Monthly over 25 years at 3.7%: AED 8,592

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