Studio · 519 sqftThe Address Downtown Hotel, Downtown Dubai · 32nd floor

3215, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in July 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3215 · DLD and Ejari recordsUpdated 29 July 2020
Last soldAED 925K29 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3215, The Address Downtown Hotel

What is 3215 worth today?

Last sold for AED 925,000 in 2020

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29 Jul 2020SoldReady
AED 925,000AED 1,782 per sqft
6 Nov 2014SoldReady
AED 2,750,000AED 5,298 per sqft
2 Aug 2009Sold by developerReady
AED 438,444AED 844 per sqft

Source: Dubai Land Department. Updated 29 July 2020.

Key facts

Type
Studio hotel apartment
Size
519 sqft
Floor
32nd of 60
Parking
P2-12
Last sold
AED 925K · July 2020

About 3215, The Address Downtown Hotel

3215 is a studio of 519 sqft on the 32nd floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 29 July 2020 for AED 925,000, or AED 1,782 per sqft, 8% below the AED 1,945 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3215 over time

Sales
Unit 3215, each saleTypical studio in The Address Downtown Hotel
2M2009201420192024Typical sale price by year: 2009 AED 934,888; 2010 AED 950,888; 2011 AED 1,108,888; 2012 AED 1,300,000; 2013 AED 1,630,000; 2014 AED 2,400,000; 2015 AED 1,850,000; 2016 AED 1,700,000; 2017 AED 1,700,000; 2018 AED 1,527,706; 2019 AED 1,060,000; 2020 AED 1,000,000; 2021 AED 1,312,500; 2022 AED 1,300,000; 2023 AED 1,650,000; 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 1,590,000Sold by developer, August 2009: AED 438,444 (AED 844 per sqft)Sold, November 2014: AED 2,750,000 (AED 5,298 per sqft)Sold, July 2020: AED 925,000 (AED 1,782 per sqft)

3215 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in The Address Downtown Hotel, and where 3215 sits

All 130 studios →

3215 last sold in July 2020 at AED 1,782 per sqft, 8% below what studios in The Address Downtown Hotel were fetching at the time (AED 1,945). Over the last 12 months studios sold for AED 1,400,000 to 1,920,000, around AED 3,323 per sqft.

Recent studio salesUnit no.Price (AED)Summary
5 Aug 202610,816
3 Aug 20261,770,000
11 May 20261,400,000
6 May 20261,680,000
8 studio 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
32042-bedAED 4.45M · Aug 2024
32052-bedAED 8.1M · Jul 2025
32061-bedAED 2.14M · Aug 2011
32071-bedAED 4.38M · Mar 2013
1–7 of 15

3215, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 2 August 2009 for AED 438,444, last on 29 July 2020 for AED 925,000 (AED 1,782 per sqft).
  • Studios in The Address Downtown Hotel sold for AED 1,400,000–1,920,000 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 29 July 2020.

Questions about 3215, The Address Downtown Hotel

What did unit 3215 last sell for?

AED 925,000 on 29 July 2020: AED 1,782 per sqft for 519 sqft. The unit has 3 registered sales; the first was AED 438,444 in August 2009.

How big is unit 3215?

519 sqft (48.2 sqm): a studio on the 32nd floor of a 60-storey tower.

What is unit 3215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Address Downtown Hotel sold for AED 1,400,000 to 1,920,000 in the last 12 months, around AED 3,323 per sqft.

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Mortgage on 3215, The Address Downtown Hotel

Starts from the last sale price (AED 925K, 29 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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