1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 28th floor

2802, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in June 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 10 June 2014
Last soldAED 4.63M10 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, The Address Downtown Hotel

What is 2802 worth today?

Last sold for AED 4,626,000 in 2014

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10 Jun 2014SoldReady
AED 4,626,000AED 5,257 per sqft
2 Mar 2010SoldReady
AED 1,237,500AED 1,406 per sqft
3 Jun 2009SoldReady
AED 1,850,000AED 2,102 per sqft
24 May 2009Sold by developerReady
AED 752,444AED 855 per sqft

Source: Dubai Land Department. Updated 10 June 2014.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
28th of 60
Parking
P2-99
Last sold
AED 4.63M · June 2014

About 2802, The Address Downtown Hotel

2802 is a one-bedroom hotel apartment of 880 sqft on the 28th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 10 June 2014 for AED 4,626,000, or AED 5,257 per sqft, 35% above the AED 3,893 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2802 over time

Sales
Unit 2802, 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, May 2009: AED 752,444 (AED 855 per sqft)Sold, June 2009: AED 1,850,000 (AED 2,102 per sqft)Sold, March 2010: AED 1,237,500 (AED 1,406 per sqft)Sold, June 2014: AED 4,626,000 (AED 5,257 per sqft)

2802 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 2802 sits

All 335 1-beds →

2802 last sold in June 2014 at AED 5,257 per sqft, 35% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,893). 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 28th floor

All 625 units in The Address Downtown Hotel
Value
28012-bedAED 2.53M · Apr 2010
28031-bedAED 2.6M · Nov 2011
28042-bedAED 7.5M · Jan 2017
28052-bedAED 7.5M · Jan 2017
28061-bedAED 3.7M · Jun 2024
28071-bedAED 1.59M · Sep 2010
28082-bedAED 7M · Sep 2019
1–7 of 15

2802, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 24 May 2009 for AED 752,444, last on 10 June 2014 for AED 4,626,000 (AED 5,257 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 10 June 2014.

Questions about 2802, The Address Downtown Hotel

What did unit 2802 last sell for?

AED 4,626,000 on 10 June 2014: AED 5,257 per sqft for 880 sqft. The unit has 4 registered sales; the first was AED 752,444 in May 2009.

How big is unit 2802?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 28th floor of a 60-storey tower.

What is unit 2802 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 2802, The Address Downtown Hotel

Starts from the last sale price (AED 4.63M, 10 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,626,000
Deposit, UAE resident (20%)
AED 925,200
Deposit, non-resident (40%)
AED 1,850,400
Monthly over 25 years at 3.7%
AED 18,926

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