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

2408, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 9 April 2025
Last soldAED 11M9 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, The Address Downtown Hotel

What is 2408 worth today?

Last sold for AED 11,000,000 in 2025

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9 Apr 2025SoldReady
AED 11,000,000AED 5,952 per sqft
8 Mar 2024SoldReady
AED 10,100,000AED 5,465 per sqft
18 Sep 2012SoldReady
AED 7,170,000AED 3,879 per sqft
7 Jun 2009Sold by developerReady
AED 3,087,888AED 1,670 per sqft

Source: Dubai Land Department. Updated 9 April 2025.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
24th of 60
Parking
P1-119
Last sold
AED 11M · April 2025

About 2408, The Address Downtown Hotel

2408 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 9 April 2025 for AED 11,000,000, or AED 5,952 per sqft, 7% above the AED 5,573 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2408 over time

Sales
Unit 2408, 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, June 2009: AED 3,087,888 (AED 1,670 per sqft)Sold, September 2012: AED 7,170,000 (AED 3,879 per sqft)Sold, March 2024: AED 10,100,000 (AED 5,465 per sqft)Sold, April 2025: AED 11,000,000 (AED 5,952 per sqft)

2408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 2408 sits

All 149 2-beds →

2408 last sold in April 2025 at AED 5,952 per sqft, 7% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 5,573). 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
24012-bedAED 9M · Dec 2015
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
1–7 of 15

2408, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 7 June 2009 for AED 3,087,888, last on 9 April 2025 for AED 11,000,000 (AED 5,952 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 9 April 2025.

Questions about 2408, The Address Downtown Hotel

What did unit 2408 last sell for?

AED 11,000,000 on 9 April 2025: AED 5,952 per sqft for 1,848 sqft. The unit has 4 registered sales; the first was AED 3,087,888 in June 2009.

How big is unit 2408?

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

What is unit 2408 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 2408, The Address Downtown Hotel

Starts from the last sale price (AED 11M, 9 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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