1-bed · 796 sqftThe Address Downtown Hotel, Downtown Dubai · 35th floor

3506, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 3M5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3506, The Address Downtown Hotel

What is 3506 worth today?

Last sold for AED 3,000,000 in 2022

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5 Sep 2022SoldReady
AED 3,000,000AED 3,768 per sqft
18 May 2021SoldReady
AED 2,600,000AED 3,266 per sqft
18 Oct 2012SoldReady
AED 3,500,000AED 4,397 per sqft
28 Sep 2010Sold by developerReady
AED 1,562,888AED 1,963 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
1-bed hotel apartment
Size
796 sqft
Floor
35th of 60
Parking
P1-22
Last sold
AED 3M · September 2022

About 3506, The Address Downtown Hotel

3506 is a one-bedroom hotel apartment of 796 sqft on the 35th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 5 September 2022 for AED 3,000,000, or AED 3,768 per sqft, 52% above the AED 2,481 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3506 over time

Sales
Unit 3506, each saleTypical one-bed in The Address Downtown Hotel
2M3M4M2009201420192024Typical 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, September 2010: AED 1,562,888 (AED 1,963 per sqft)Sold, October 2012: AED 3,500,000 (AED 4,397 per sqft)Sold, May 2021: AED 2,600,000 (AED 3,266 per sqft)Sold, September 2022: AED 3,000,000 (AED 3,768 per sqft)

3506 has sold 4 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 3506 sits

All 335 1-beds →

3506 last sold in September 2022 at AED 3,768 per sqft, 52% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,481). 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 35th floor

All 625 units in The Address Downtown Hotel
Value
35012-bedAED 8.4M · Sep 2025
35021-bedAED 1.56M · Sep 2016
35031-bedAED 3.1M · Dec 2023
35042-bedAED 5.84M · May 2012
35052-bedAED 5.43M · Nov 2011
35071-bedAED 3.4M · Aug 2026
35082-bedAED 1.73M · Jul 2021
1–7 of 15

3506, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 28 September 2010 for AED 1,562,888, last on 5 September 2022 for AED 3,000,000 (AED 3,768 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 5 September 2022.

Questions about 3506, The Address Downtown Hotel

What did unit 3506 last sell for?

AED 3,000,000 on 5 September 2022: AED 3,768 per sqft for 796 sqft. The unit has 4 registered sales; the first was AED 1,562,888 in September 2010.

How big is unit 3506?

796 sqft (74.0 sqm): a one-bedroom hotel apartment on the 35th floor of a 60-storey tower.

What is unit 3506 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 3506, The Address Downtown Hotel

Starts from the last sale price (AED 3M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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