1-bed · 935 sqftThe Address Downtown Hotel, Downtown Dubai · 26th floor

2616, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2616 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 2.55M31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2616, The Address Downtown Hotel

What is 2616 worth today?

Last sold for AED 2,550,000 in 2022

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31 Oct 2022SoldReady
AED 2,550,000AED 2,727 per sqft
6 Oct 2009SoldReady
AED 1,650,000AED 1,764 per sqft
24 Jun 2009Sold by developerReady
AED 1,450,000AED 1,550 per sqft
24 Jun 2009SoldReady
AED 1,247,888AED 1,334 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
1-bed hotel apartment
Size
935 sqft
Floor
26th of 60
Parking
P2-2
Last sold
AED 2.55M · October 2022

About 2616, The Address Downtown Hotel

2616 is a one-bedroom hotel apartment of 935 sqft on the 26th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 31 October 2022 for AED 2,550,000, or AED 2,727 per sqft, 6% above the AED 2,566 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2616 over time

Sales
Unit 2616, each saleTypical one-bed in The Address Downtown Hotel
2M4M2009201420192024Typical 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, June 2009: AED 1,450,000 (AED 1,550 per sqft)Sold, June 2009: AED 1,247,888 (AED 1,334 per sqft)Sold, October 2009: AED 1,650,000 (AED 1,764 per sqft)Sold, October 2022: AED 2,550,000 (AED 2,727 per sqft)

2616 has sold 4 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 2616 sits

All 335 1-beds →

2616 last sold in October 2022 at AED 2,727 per sqft, 6% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,566). 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
26021-bedAED 1.49M · May 2011
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
1–7 of 15

2616, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 24 June 2009 for AED 1,247,888, last on 31 October 2022 for AED 2,550,000 (AED 2,727 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 31 October 2022.

Questions about 2616, The Address Downtown Hotel

What did unit 2616 last sell for?

AED 2,550,000 on 31 October 2022: AED 2,727 per sqft for 935 sqft. The unit has 4 registered sales; the first was AED 1,247,888 in June 2009.

How big is unit 2616?

935 sqft (86.9 sqm): a one-bedroom hotel apartment on the 26th floor of a 60-storey tower.

What is unit 2616 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 2616, The Address Downtown Hotel

Starts from the last sale price (AED 2.55M, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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