1-bed · 935 sqftThe Address Downtown Hotel, Downtown Dubai · 31st floor

3116, The Address Downtown Hotel

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

Unit 3116 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 2.3M14 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3116, The Address Downtown Hotel

What is 3116 worth today?

Last sold for AED 2,300,000 in 2022

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14 Jul 2022SoldReady
AED 2,300,000AED 2,460 per sqft
25 Mar 2010Sold by developerReady
AED 1,211,888AED 1,296 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
1-bed hotel apartment
Size
935 sqft
Floor
31st of 60
Parking
P1-191
Last sold
AED 2.3M · July 2022

About 3116, The Address Downtown Hotel

3116 is a one-bedroom hotel apartment of 935 sqft on the 31st floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 14 July 2022 for AED 2,300,000, or AED 2,460 per sqft, in line with the AED 2,460 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3116 over time

Sales
Unit 3116, 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, March 2010: AED 1,211,888 (AED 1,296 per sqft)Sold, July 2022: AED 2,300,000 (AED 2,460 per sqft)

3116 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 3116 sits

All 335 1-beds →

3116 last sold in July 2022 at AED 2,460 per sqft, in line with what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,460). 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 31st floor

All 625 units in The Address Downtown Hotel
Value
31012-bedAED 8.5M · Jul 2025
31021-bedAED 764K · Aug 2009
31031-bedAED 3.5M · Jun 2025
31042-bedAED 6.95M · Jun 2021
31052-bedAED 8.6M · Aug 2023
31061-bedAED 3M · Feb 2023
31071-bedAED 1.62M · Apr 2010
1–7 of 15

3116, The Address Downtown Hotel in numbers

  • Sold twice: first on 25 March 2010 for AED 1,211,888, last on 14 July 2022 for AED 2,300,000 (AED 2,460 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 14 July 2022.

Questions about 3116, The Address Downtown Hotel

What did unit 3116 last sell for?

AED 2,300,000 on 14 July 2022: AED 2,460 per sqft for 935 sqft. The unit has 2 registered sales; the first was AED 1,211,888 in March 2010.

How big is unit 3116?

935 sqft (86.9 sqm): a one-bedroom hotel apartment on the 31st floor of a 60-storey tower.

What is unit 3116 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 3116, The Address Downtown Hotel

Starts from the last sale price (AED 2.3M, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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