1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 16th floor

1602, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in May 2024, 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 1602 · DLD and Ejari recordsUpdated 29 May 2024

Last soldAED 4M29 May 2024

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Today's valuefree after one verification

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Property timeline for 1602, The Address Downtown Hotel

Today

What is 1602 worth today?

Last sold for AED 4,000,000 in 2024

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29 May 2024

29 May 2024SoldReady

AED 4,000,000AED 4,545 per sqft

20 Nov 2013

20 Nov 2013SoldReady

AED 4,124,000AED 4,686 per sqft

3 Jul 2013

3 Jul 2013Sold by developerReady

AED 1,009,444AED 1,147 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type: 1-bed hotel apartment
Size: 880 sqft
Floor: 16th of 60
Parking: P3-39
Last sold: AED 4M · May 2024
Building: The Address Downtown Hotel

About 1602, The Address Downtown Hotel

1602 is a one-bedroom hotel apartment of 880 sqft on the 16th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 29 May 2024 for AED 4,000,000, or AED 4,545 per sqft, 44% above the AED 3,155 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales

Unit 1602, each saleTypical one-bed in The Address Downtown Hotel

1602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 1602 sits

All 335 1-beds →

1-beds in The Address Downtown Hotel · last 12 months4,426 /sqft The Address Downtown Hotel · all types4,522 /sqft

1602 last sold in May 2024 at AED 4,545 per sqft, 44% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,155). 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	Size	Price (AED)	Per sqft
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

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 16th floor

All 625 units in The Address Downtown Hotel


1601	2-bed	1,848 sqft	AED 8.7MAED 8,700,000 · Jan 2026January 2026
1603	1-bed	796 sqft	AED 3MAED 3,000,000 · Apr 2017April 2017
1605	2-bed	1,732 sqft	AED 5.1MAED 5,100,000 · Aug 2011August 2011
1606	1-bed	796 sqft	AED 2MAED 1,999,444 · May 2009May 2009
1607	1-bed	880 sqft	AED 3.7MAED 3,700,000 · Jun 2022June 2022
1608	2-bed	1,848 sqft	AED 10.03MAED 10,034,888 · Apr 2010April 2010
1609	1-bed	935 sqft	AED 2.3MAED 2,300,000 · Mar 2017March 2017
1610	Studio	519 sqft	AED 925KAED 925,000 · Jul 2020July 2020
1611	Studio	519 sqft	AED 2.07MAED 2,065,504 · Jan 2014January 2014
1612	1-bed	927 sqft	AED 2.4MAED 2,400,000 · Jul 2023July 2023
1613	1-bed	927 sqft	AED 3.05MAED 3,050,000 · Aug 2026August 2026
1614	Studio	519 sqft	AED 917KAED 916,888 · Jul 2012July 2012
1615	Studio	519 sqft	AED 917KAED 916,888 · Jun 2009June 2009
1616	1-bed	935 sqft	AED 1.38MAED 1,382,888 · May 2011May 2011

1–7 of 14

1602, The Address Downtown Hotel in numbers

Sold 3 times: first on 3 July 2013 for AED 1,009,444, last on 29 May 2024 for AED 4,000,000 (AED 4,545 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 29 May 2024.

Questions about 1602, The Address Downtown Hotel

What did unit 1602 last sell for?

AED 4,000,000 on 29 May 2024: AED 4,545 per sqft for 880 sqft. The unit has 3 registered sales; the first was AED 1,009,444 in July 2013.

How big is unit 1602?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 16th floor of a 60-storey tower.

What is unit 1602 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 1602, The Address Downtown Hotel

Starts from the last sale price (AED 4M, 29 May 2024). Switch to today's estimate once you have unlocked it.

Price: AED 4,000,000
Deposit, UAE resident (20%): AED 800,000
Deposit, non-resident (40%): AED 1,600,000
Monthly over 25 years at 3.7%: AED 16,365

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