2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 23rd floor

2308, The Address Downtown Hotel

Sold prices and rental history: sold once, by the developer in October 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 13 October 2011
Last soldAED 7.45M13 October 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, The Address Downtown Hotel

What is 2308 worth today?

Last sold for AED 7,445,888 in 2011

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13 Oct 2011Sold by developerReady
AED 7,445,888AED 4,029 per sqft

Source: Dubai Land Department. Updated 13 October 2011.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
23rd of 60
Parking
P3-162
Last sold
AED 7.45M · October 2011

About 2308, The Address Downtown Hotel

2308 is a two-bedroom hotel apartment of 1,848 sqft on the 23rd floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 13 October 2011 for AED 7,445,888, or AED 4,029 per sqft, 58% above the AED 2,557 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2308 over time

Sales
Unit 2308, 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, October 2011: AED 7,445,888 (AED 4,029 per sqft)

2308 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 2308 sits

All 149 2-beds →

2308 last sold in October 2011 at AED 4,029 per sqft, 58% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 2,557). 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 23rd floor

All 625 units in The Address Downtown Hotel
Value
23012-bedAED 3.32M · Jul 2009
23021-bedAED 4.74M · Apr 2026
23031-bedAED 2.04M · Apr 2010
23042-bedAED 9.3M · Feb 2024
23052-bedAED 10M · Feb 2025
23061-bedAED 3.28M · Feb 2023
23071-bedAED 3.8M · Dec 2013
1–7 of 15

2308, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 13 October 2011 for AED 7,445,888, or AED 4,029 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 13 October 2011.

Questions about 2308, The Address Downtown Hotel

What did unit 2308 last sell for?

AED 7,445,888 on 13 October 2011, sold by the developer: AED 4,029 per sqft for 1,848 sqft. It is the only registered sale of the unit.

How big is unit 2308?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 23rd floor of a 60-storey tower.

What is unit 2308 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 2308, The Address Downtown Hotel

Starts from the last sale price (AED 7.45M, 13 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 7,445,888
Deposit, UAE resident (20%)
AED 1,489,178
Deposit, non-resident (40%)
AED 2,978,355
Monthly over 25 years at 3.7%
AED 30,463

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