2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 20th floor

2008, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in April 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 28 April 2011
Last soldAED 5M28 April 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, The Address Downtown Hotel

What is 2008 worth today?

Last sold for AED 5,000,000 in 2011

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28 Apr 2011SoldReady
AED 5,000,000AED 2,705 per sqft
9 Aug 2010Sold by developerReady
AED 5,123,888AED 2,772 per sqft

Source: Dubai Land Department. Updated 28 April 2011.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
20th of 60
Parking
P3-173
Last sold
AED 5M · April 2011

About 2008, The Address Downtown Hotel

2008 is a two-bedroom hotel apartment of 1,848 sqft on the 20th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 28 April 2011 for AED 5,000,000, or AED 2,705 per sqft, 15% above the AED 2,353 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2008 over time

Sales
Unit 2008, each saleTypical two-bed in The Address Downtown Hotel
5M10M2009201420192024Typical sale price by year: 2009 AED 3,747,944; 2010 AED 3,425,888; 2011 AED 4,800,000; 2012 AED 5,917,500; 2013 AED 7,825,000; 2014 AED 10,800,000; 2015 AED 9,000,000; 2016 AED 5,291,944; 2017 AED 7,575,000; 2019 AED 6,467,825; 2020 AED 5,450,000; 2021 AED 6,790,000; 2022 AED 7,500,000; 2023 AED 8,600,000; 2024 AED 9,300,000; 2025 AED 9,500,000; 2026 AED 9,500,000Sold by developer, August 2010: AED 5,123,888 (AED 2,772 per sqft)Sold, April 2011: AED 5,000,000 (AED 2,705 per sqft)

2008 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 2008 sits

All 149 2-beds →

2008 last sold in April 2011 at AED 2,705 per sqft, 15% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 2,353). Over the last 12 months two-beds sold for AED 8,000,000 to 11,300,000, around AED 5,729 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20269,000,000
6 Jul 202614,200,000
2 Jul 20268,000,000
29 Apr 202616,000,000
12 2-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 20th floor

All 625 units in The Address Downtown Hotel
Value
20012-bedAED 10.8M · Sep 2014
20021-bedAED 4.95M · Jun 2014
20031-bedAED 3.5M · Aug 2025
20042-bedAED 7.3M · Feb 2022
20052-bedAED 6M · May 2012
20061-bedAED 4.2M · Mar 2026
20071-bedAED 2.38M · Apr 2012
1–7 of 15

2008, The Address Downtown Hotel in numbers

  • Sold twice: first on 9 August 2010 for AED 5,123,888, last on 28 April 2011 for AED 5,000,000 (AED 2,705 per sqft).
  • Two-beds in The Address Downtown Hotel sold for AED 8,000,000–11,300,000 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 28 April 2011.

Questions about 2008, The Address Downtown Hotel

What did unit 2008 last sell for?

AED 5,000,000 on 28 April 2011: AED 2,705 per sqft for 1,848 sqft. The unit has 2 registered sales; the first was AED 5,123,888 in August 2010.

How big is unit 2008?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 20th floor of a 60-storey tower.

What is unit 2008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Downtown Hotel sold for AED 8,000,000 to 11,300,000 in the last 12 months, around AED 5,729 per sqft.

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Mortgage on 2008, The Address Downtown Hotel

Starts from the last sale price (AED 5M, 28 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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