2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 37th floor

3701, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 6 March 2014
Last soldAED 9.5M6 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, The Address Downtown Hotel

What is 3701 worth today?

Last sold for AED 9,500,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Mar 2014SoldReady
AED 9,500,000AED 5,140 per sqft
17 Jun 2010Sold by developerReady
AED 1,312,444AED 710 per sqft

Source: Dubai Land Department. Updated 6 March 2014.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
37th of 60
Parking
P2-127
Last sold
AED 9.5M · March 2014

About 3701, The Address Downtown Hotel

3701 is a two-bedroom hotel apartment of 1,848 sqft on the 37th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 6 March 2014 for AED 9,500,000, or AED 5,140 per sqft, 13% above the AED 4,531 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3701 over time

Sales
Unit 3701, each saleTypical two-bed in The Address Downtown Hotel
05M10M2009201420192024Typical 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 1,312,444 (AED 710 per sqft)Sold, March 2014: AED 9,500,000 (AED 5,140 per sqft)

3701 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 3701 sits

All 149 2-beds →

3701 last sold in March 2014 at AED 5,140 per sqft, 13% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,531). 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 37th floor

All 625 units in The Address Downtown Hotel
Value
37021-bedAED 1.58M · Aug 2010
37031-bedAED 2.3M · Dec 2010
37042-bedAED 5.6M · Apr 2013
37052-bedAED 7.5M · Mar 2016
37061-bedAED 3.63M · Sep 2017
37071-bedAED 4.13M · Sep 2015
37082-bedAED 2.93M · Mar 2011
1–7 of 15

3701, The Address Downtown Hotel in numbers

  • Sold twice: first on 17 June 2010 for AED 1,312,444, last on 6 March 2014 for AED 9,500,000 (AED 5,140 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 6 March 2014.

Questions about 3701, The Address Downtown Hotel

What did unit 3701 last sell for?

AED 9,500,000 on 6 March 2014: AED 5,140 per sqft for 1,848 sqft. The unit has 2 registered sales; the first was AED 1,312,444 in June 2010.

How big is unit 3701?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 37th floor of a 60-storey tower.

What is unit 3701 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.

Selling 3701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3701, The Address Downtown Hotel

Starts from the last sale price (AED 9.5M, 6 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 9,500,000
Deposit, UAE resident (20%)
AED 1,900,000
Deposit, non-resident (40%)
AED 3,800,000
Monthly over 25 years at 3.7%
AED 38,867

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