1-bed · 935 sqftThe Address Downtown Hotel, Downtown Dubai · 30th floor

3016, The Address Downtown Hotel

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

Unit 3016 · DLD and Ejari recordsUpdated 18 April 2011
Last soldAED 603K18 April 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3016, The Address Downtown Hotel

What is 3016 worth today?

Last sold for AED 603,444 in 2011

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18 Apr 2011Sold by developerReady
AED 603,444AED 645 per sqft

Source: Dubai Land Department. Updated 18 April 2011.

Key facts

Type
1-bed hotel apartment
Size
935 sqft
Floor
30th of 60
Parking
P1-219
Last sold
AED 603K · April 2011

About 3016, The Address Downtown Hotel

3016 is a one-bedroom hotel apartment of 935 sqft on the 30th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 18 April 2011 for AED 603,444, or AED 645 per sqft, 64% below the AED 1,803 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3016 over time

Sales
Unit 3016, 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, April 2011: AED 603,444 (AED 645 per sqft)

3016 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 3016 sits

All 335 1-beds →

3016 last sold in April 2011 at AED 645 per sqft, 64% below what one-beds in The Address Downtown Hotel were fetching at the time (AED 1,803). 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 30th floor

All 625 units in The Address Downtown Hotel
Value
30012-bedAED 4.4M · Jun 2010
30021-bedAED 1.52M · Sep 2010
30031-bedAED 1.7M · Nov 2019
30042-bedAED 9.45M · Oct 2025
30052-bedAED 2.94M · May 2009
30061-bedAED 3.8M · Dec 2024
30071-bedAED 3.15M · Aug 2012
1–7 of 15

3016, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 18 April 2011 for AED 603,444, or AED 645 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 18 April 2011.

Questions about 3016, The Address Downtown Hotel

What did unit 3016 last sell for?

AED 603,444 on 18 April 2011, sold by the developer: AED 645 per sqft for 935 sqft. It is the only registered sale of the unit.

How big is unit 3016?

935 sqft (86.9 sqm): a one-bedroom hotel apartment on the 30th floor of a 60-storey tower.

What is unit 3016 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 3016, The Address Downtown Hotel

Starts from the last sale price (AED 603K, 18 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 603,444
Deposit, UAE resident (20%)
AED 120,689
Deposit, non-resident (40%)
AED 241,378
Monthly over 25 years at 3.7%
AED 2,469

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