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2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 24th floor

2401, The Address Downtown Hotel

Sold prices and rental history: sold 5 times, last in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 16 December 2015
Last soldAED 9M16 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2401, The Address Downtown Hotel

What is 2401 worth today?

Last sold for AED 9,000,000 in 2015

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16 Dec 2015SoldReady
AED 9,000,000AED 4,870 per sqft
21 May 2013SoldReady
AED 8,500,000AED 4,599 per sqft
26 Jan 2011SoldReady
AED 4,350,000AED 2,353 per sqft
5 Jan 2010Sold by developerReady
AED 3,333,888AED 1,804 per sqft
5 Jan 2010SoldReady
AED 4,743,000AED 2,566 per sqft

Source: Dubai Land Department. Updated 16 December 2015.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
24th of 60
Parking
P2-227
Last sold
AED 9M · December 2015
Building
The Address Downtown Hotel

About 2401, The Address Downtown Hotel

2401 is a two-bedroom hotel apartment of 1,848 sqft on the 24th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 16 December 2015 for AED 9,000,000, or AED 4,870 per sqft, in line with the AED 4,870 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, January 2010: AED 3,333,888 (AED 1,804 per sqft)Sold, January 2010: AED 4,743,000 (AED 2,566 per sqft)Sold, January 2011: AED 4,350,000 (AED 2,353 per sqft)Sold, May 2013: AED 8,500,000 (AED 4,599 per sqft)Sold, December 2015: AED 9,000,000 (AED 4,870 per sqft)

2401 has sold 5 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 2401 sits

All 149 2-beds →

2401 last sold in December 2015 at AED 4,870 per sqft, in line with what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,870). 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 24th floor

All 625 units in The Address Downtown Hotel
Value
24021-bedAED 3.85M · Oct 2023
24031-bedAED 2.4M · May 2021
24042-bedAED 3.16M · Nov 2011
24052-bedAED 8.8M · Apr 2013
24061-bedAED 1.74M · Jul 2009
24071-bedAED 4.65M · Feb 2024
24082-bedAED 11M · Apr 2025
1–7 of 15

2401, The Address Downtown Hotel in numbers

  • Sold 5 times: first on 5 January 2010 for AED 4,743,000, last on 16 December 2015 for AED 9,000,000 (AED 4,870 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 16 December 2015.

Questions about 2401, The Address Downtown Hotel

What did unit 2401 last sell for?

AED 9,000,000 on 16 December 2015: AED 4,870 per sqft for 1,848 sqft. The unit has 5 registered sales; the first was AED 4,743,000 in January 2010.

How big is unit 2401?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 24th floor of a 60-storey tower.

What is unit 2401 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 2401, The Address Downtown Hotel

Starts from the last sale price (AED 9M, 16 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

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