2-bed · 1,732 sqftThe Address Downtown Hotel, Downtown Dubai · 32nd floor

3204, The Address Downtown Hotel

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 4.45M12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, The Address Downtown Hotel

What is 3204 worth today?

Last sold for AED 4,445,233 in 2024

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12 Aug 2024Sold by developerReady
AED 4,445,233AED 2,566 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,732 sqft
Floor
32nd of 60
Parking
P3-28
Last sold
AED 4.45M · August 2024

About 3204, The Address Downtown Hotel

3204 is a two-bedroom hotel apartment of 1,732 sqft on the 32nd floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 12 August 2024 for AED 4,445,233, or AED 2,566 per sqft, 52% below the AED 5,369 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3204 over time

Sales
Unit 3204, each saleTypical two-bed in The Address Downtown Hotel
5M10M2009201420192024Typical sale price by year: 2009 AED 3,747,944; 2010 AED 3,425,888; 2011 AED 4,800,000; 2012 AED 5,917,500; 2013 AED 7,825,000; 2014 AED 10,800,000; 2015 AED 9,000,000; 2016 AED 5,291,944; 2017 AED 7,575,000; 2019 AED 6,467,825; 2020 AED 5,450,000; 2021 AED 6,790,000; 2022 AED 7,500,000; 2023 AED 8,600,000; 2024 AED 9,300,000; 2025 AED 9,500,000; 2026 AED 9,500,000Sold by developer, August 2024: AED 4,445,233 (AED 2,566 per sqft)

3204 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 3204 sits

All 149 2-beds →

3204 last sold in August 2024 at AED 2,566 per sqft, 52% below what two-beds in The Address Downtown Hotel were fetching at the time (AED 5,369). Over the last 12 months two-beds sold for AED 8,000,000 to 11,300,000, around AED 5,729 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20269,000,000
6 Jul 202614,200,000
2 Jul 20268,000,000
29 Apr 202616,000,000
12 2-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 32nd floor

All 625 units in The Address Downtown Hotel
Value
32012-bedAED 9.6M · Nov 2025
32021-bedAED 5.16M · Jul 2025
32031-bedAED 1.6M · Jan 2019
32052-bedAED 8.1M · Jul 2025
32061-bedAED 2.14M · Aug 2011
32071-bedAED 4.38M · Mar 2013
32082-bedAED 5M · Jun 2011
1–7 of 15

3204, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 12 August 2024 for AED 4,445,233, or AED 2,566 per sqft.
  • Two-beds in The Address Downtown Hotel sold for AED 8,000,000–11,300,000 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 12 August 2024.

Questions about 3204, The Address Downtown Hotel

What did unit 3204 last sell for?

AED 4,445,233 on 12 August 2024, sold by the developer: AED 2,566 per sqft for 1,732 sqft. It is the only registered sale of the unit.

How big is unit 3204?

1,732 sqft (160.9 sqm): a two-bedroom hotel apartment on the 32nd floor of a 60-storey tower.

What is unit 3204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Downtown Hotel sold for AED 8,000,000 to 11,300,000 in the last 12 months, around AED 5,729 per sqft.

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Mortgage on 3204, The Address Downtown Hotel

Starts from the last sale price (AED 4.45M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,445,233
Deposit, UAE resident (20%)
AED 889,047
Deposit, non-resident (40%)
AED 1,778,093
Monthly over 25 years at 3.7%
AED 18,187

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