Studio · 519 sqftThe Address Downtown Hotel, Downtown Dubai · 16th floor

1615, The Address Downtown Hotel

Sold prices and rental history: sold once, by the developer in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 29 June 2009
Last soldAED 917K29 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1615, The Address Downtown Hotel

What is 1615 worth today?

Last sold for AED 916,888 in 2009

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29 Jun 2009Sold by developerReady
AED 916,888AED 1,766 per sqft

Source: Dubai Land Department. Updated 29 June 2009.

Key facts

Type
Studio hotel apartment
Size
519 sqft
Floor
16th of 60
Parking
P3-55
Last sold
AED 917K · June 2009

About 1615, The Address Downtown Hotel

1615 is a studio of 519 sqft on the 16th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 29 June 2009 for AED 916,888, or AED 1,766 per sqft, in line with the AED 1,781 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1615 over time

Sales
Unit 1615, each saleTypical studio in The Address Downtown Hotel
1M2M2009201420192024Typical sale price by year: 2009 AED 934,888; 2010 AED 950,888; 2011 AED 1,108,888; 2012 AED 1,300,000; 2013 AED 1,630,000; 2014 AED 2,400,000; 2015 AED 1,850,000; 2016 AED 1,700,000; 2017 AED 1,700,000; 2018 AED 1,527,706; 2019 AED 1,060,000; 2020 AED 1,000,000; 2021 AED 1,312,500; 2022 AED 1,300,000; 2023 AED 1,650,000; 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 1,590,000Sold by developer, June 2009: AED 916,888 (AED 1,766 per sqft)

1615 has sold once; the dashed line is the studio median of each year in the building.

Studios in The Address Downtown Hotel, and where 1615 sits

All 130 studios →

1615 last sold in June 2009 at AED 1,766 per sqft, in line with what studios in The Address Downtown Hotel were fetching at the time (AED 1,781). Over the last 12 months studios sold for AED 1,400,000 to 1,920,000, around AED 3,323 per sqft.

Recent studio salesUnit no.Price (AED)Summary
5 Aug 202610,816
3 Aug 20261,770,000
11 May 20261,400,000
6 May 20261,680,000
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 16th floor

All 625 units in The Address Downtown Hotel
Value
16012-bedAED 8.7M · Jan 2026
16021-bedAED 4M · May 2024
16031-bedAED 3M · Apr 2017
16052-bedAED 5.1M · Aug 2011
16061-bedAED 2M · May 2009
16071-bedAED 3.7M · Jun 2022
16082-bedAED 10.03M · Apr 2010
1–7 of 14

1615, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 29 June 2009 for AED 916,888, or AED 1,766 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 29 June 2009.

Questions about 1615, The Address Downtown Hotel

What did unit 1615 last sell for?

AED 916,888 on 29 June 2009, sold by the developer: AED 1,766 per sqft for 519 sqft. It is the only registered sale of the unit.

How big is unit 1615?

519 sqft (48.2 sqm): a studio on the 16th floor of a 60-storey tower.

What is unit 1615 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 1615, The Address Downtown Hotel

Starts from the last sale price (AED 917K, 29 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 916,888
Deposit, UAE resident (20%)
AED 183,378
Deposit, non-resident (40%)
AED 366,755
Monthly over 25 years at 3.7%
AED 3,751

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