1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 40th floor

4002, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 15 May 2013
Last soldAED 3.8M15 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, The Address Downtown Hotel

What is 4002 worth today?

Last sold for AED 3,800,000 in 2013

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15 May 2013SoldReady
AED 3,800,000AED 4,318 per sqft
4 May 2011Sold by developerReady
AED 840,944AED 955 per sqft

Source: Dubai Land Department. Updated 15 May 2013.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
40th of 60
Parking
P2-5
Last sold
AED 3.8M · May 2013

About 4002, The Address Downtown Hotel

4002 is a one-bedroom hotel apartment of 880 sqft on the 40th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 15 May 2013 for AED 3,800,000, or AED 4,318 per sqft, 37% above the AED 3,155 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, May 2011: AED 840,944 (AED 955 per sqft)Sold, May 2013: AED 3,800,000 (AED 4,318 per sqft)

4002 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 4002 sits

All 335 1-beds →

4002 last sold in May 2013 at AED 4,318 per sqft, 37% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,155). 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 40th floor

All 625 units in The Address Downtown Hotel
Value
40012-bedAED 2.65M · Apr 2010
40031-bedAED 1.64M · Oct 2009
40042-bedAED 3.08M · Aug 2016
40052-bedAED 3.08M · Aug 2016
40061-bedAED 3.3M · Apr 2017
40071-bedAED 5.3M · Oct 2025
40082-bedAED 5.33M · Apr 2013
1–7 of 15

4002, The Address Downtown Hotel in numbers

  • Sold twice: first on 4 May 2011 for AED 840,944, last on 15 May 2013 for AED 3,800,000 (AED 4,318 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 15 May 2013.

Questions about 4002, The Address Downtown Hotel

What did unit 4002 last sell for?

AED 3,800,000 on 15 May 2013: AED 4,318 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 840,944 in May 2011.

How big is unit 4002?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 40th floor of a 60-storey tower.

What is unit 4002 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 4002, The Address Downtown Hotel

Starts from the last sale price (AED 3.8M, 15 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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