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1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 26th floor

2602, The Address Downtown Hotel

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

Unit 2602 · DLD and Ejari recordsUpdated 4 May 2011
Last soldAED 1.49M4 May 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2602, The Address Downtown Hotel

What is 2602 worth today?

Last sold for AED 1,488,888 in 2011

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4 May 2011Sold by developerReady
AED 1,488,888AED 1,692 per sqft

Source: Dubai Land Department. Updated 4 May 2011.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
26th of 60
Parking
P2-143
Last sold
AED 1.49M · May 2011
Building
The Address Downtown Hotel

About 2602, The Address Downtown Hotel

2602 is a one-bedroom hotel apartment of 880 sqft on the 26th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 4 May 2011 for AED 1,488,888, or AED 1,692 per sqft, 8% below the AED 1,839 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical one-bed in The Address Downtown Hotel
2M3M4M2009201420192024Typical sale price by year: 2009 AED 1,562,500; 2010 AED 1,512,888; 2011 AED 1,692,888; 2012 AED 2,000,000; 2013 AED 3,300,000; 2014 AED 3,631,720; 2015 AED 3,200,000; 2016 AED 2,300,000; 2017 AED 3,073,444; 2018 AED 2,350,000; 2019 AED 1,800,000; 2020 AED 1,502,500; 2021 AED 1,945,000; 2022 AED 2,315,315; 2023 AED 2,875,000; 2024 AED 3,098,750; 2025 AED 3,500,000; 2026 AED 3,375,000Sold by developer, May 2011: AED 1,488,888 (AED 1,692 per sqft)

2602 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 2602 sits

All 335 1-beds →

2602 last sold in May 2011 at AED 1,692 per sqft, 8% below what one-beds in The Address Downtown Hotel were fetching at the time (AED 1,839). Over the last 12 months one-beds sold for AED 2,340,000 to 6,000,000, around AED 4,426 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20263,140,000
9 Oct 20263,400,000
28 Sep 20262,600,000
26 Aug 20263,050,000
37 1-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 26th floor

All 625 units in The Address Downtown Hotel
Value
26012-bedAED 5M · Dec 2020
26031-bedAED 1.45M · May 2011
26042-bedAED 10.5M · Apr 2026
26052-bedAED 10.8M · Nov 2025
26061-bedAED 3.25M · Jul 2023
26071-bedAED 4.15M · Mar 2023
26082-bedAED 2.82M · Dec 2011
1–7 of 15

2602, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 4 May 2011 for AED 1,488,888, or AED 1,692 per sqft.
  • One-beds in The Address Downtown Hotel sold for AED 2,340,000–6,000,000 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 4 May 2011.

Questions about 2602, The Address Downtown Hotel

What did unit 2602 last sell for?

AED 1,488,888 on 4 May 2011, sold by the developer: AED 1,692 per sqft for 880 sqft. It is the only registered sale of the unit.

How big is unit 2602?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 26th floor of a 60-storey tower.

What is unit 2602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Downtown Hotel sold for AED 2,340,000 to 6,000,000 in the last 12 months, around AED 4,426 per sqft.

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Mortgage on 2602, The Address Downtown Hotel

Starts from the last sale price (AED 1.49M, 4 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,488,888
Deposit, UAE resident (20%)
AED 297,778
Deposit, non-resident (40%)
AED 595,555
Monthly over 25 years at 3.7%
AED 6,092

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