2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 34th floor

3401, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 8.5M3 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, The Address Downtown Hotel

What is 3401 worth today?

Last sold for AED 8,500,000 in 2024

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3 Sep 2024SoldReady
AED 8,500,000AED 4,599 per sqft
15 Jun 2010Sold by developerReady
AED 2,594,888AED 1,404 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
34th of 60
Parking
P1-38
Last sold
AED 8.5M · September 2024

About 3401, The Address Downtown Hotel

3401 is a two-bedroom hotel apartment of 1,848 sqft on the 34th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 3 September 2024 for AED 8,500,000, or AED 4,599 per sqft, 14% 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 3401 over time

Sales
Unit 3401, 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, June 2010: AED 2,594,888 (AED 1,404 per sqft)Sold, September 2024: AED 8,500,000 (AED 4,599 per sqft)

3401 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 3401 sits

All 149 2-beds →

3401 last sold in September 2024 at AED 4,599 per sqft, 14% 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 34th floor

All 625 units in The Address Downtown Hotel
Value
34021-bedAED 4.05M · Jun 2015
34031-bedAED 5.15M · Jan 2014
34042-bedAED 14.2M · Jul 2026
34052-bedAED 5.4M · Nov 2011
34061-bedAED 3.6M · Jun 2017
34071-bedAED 4.95M · Sep 2024
34082-bedAED 12.8M · May 2025
1–7 of 15

3401, The Address Downtown Hotel in numbers

  • Sold twice: first on 15 June 2010 for AED 2,594,888, last on 3 September 2024 for AED 8,500,000 (AED 4,599 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 3 September 2024.

Questions about 3401, The Address Downtown Hotel

What did unit 3401 last sell for?

AED 8,500,000 on 3 September 2024: AED 4,599 per sqft for 1,848 sqft. The unit has 2 registered sales; the first was AED 2,594,888 in June 2010.

How big is unit 3401?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 34th floor of a 60-storey tower.

What is unit 3401 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 3401, The Address Downtown Hotel

Starts from the last sale price (AED 8.5M, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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