1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 37th floor

3707, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3707 · DLD and Ejari recordsUpdated 14 September 2015
Last soldAED 4.13M14 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3707, The Address Downtown Hotel

What is 3707 worth today?

Last sold for AED 4,125,000 in 2015

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14 Sep 2015SoldReady
AED 4,125,000AED 4,687 per sqft
20 Jan 2013SoldReady
AED 3,400,000AED 3,863 per sqft
28 Sep 2010Sold by developerReady
AED 1,663,888AED 1,890 per sqft

Source: Dubai Land Department. Updated 14 September 2015.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
37th of 60
Parking
P2-21
Last sold
AED 4.13M · September 2015

About 3707, The Address Downtown Hotel

3707 is a one-bedroom hotel apartment of 880 sqft on the 37th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 14 September 2015 for AED 4,125,000, or AED 4,687 per sqft, 16% above the AED 4,055 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3707 over time

Sales
Unit 3707, each saleTypical one-bed in The Address Downtown Hotel
2M4M2009201420192024Typical 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 1,663,888 (AED 1,890 per sqft)Sold, January 2013: AED 3,400,000 (AED 3,863 per sqft)Sold, September 2015: AED 4,125,000 (AED 4,687 per sqft)

3707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 3707 sits

All 335 1-beds →

3707 last sold in September 2015 at AED 4,687 per sqft, 16% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 4,055). 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 37th floor

All 625 units in The Address Downtown Hotel
Value
37012-bedAED 9.5M · Mar 2014
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
37082-bedAED 2.93M · Mar 2011
1–7 of 15

3707, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 28 September 2010 for AED 1,663,888, last on 14 September 2015 for AED 4,125,000 (AED 4,687 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 14 September 2015.

Questions about 3707, The Address Downtown Hotel

What did unit 3707 last sell for?

AED 4,125,000 on 14 September 2015: AED 4,687 per sqft for 880 sqft. The unit has 3 registered sales; the first was AED 1,663,888 in September 2010.

How big is unit 3707?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 37th floor of a 60-storey tower.

What is unit 3707 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 3707, The Address Downtown Hotel

Starts from the last sale price (AED 4.13M, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,125,000
Deposit, UAE resident (20%)
AED 825,000
Deposit, non-resident (40%)
AED 1,650,000
Monthly over 25 years at 3.7%
AED 16,877

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