2-bed · 1,732 sqftThe Address Downtown Hotel, Downtown Dubai · 40th floor

4005, The Address Downtown Hotel

Sold prices and rental history: sold once, by the developer in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 14 August 2016
Last soldAED 3.08M14 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, The Address Downtown Hotel

What is 4005 worth today?

Last sold for AED 3,083,888 in 2016

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14 Aug 2016Sold by developerReady
AED 3,083,888AED 1,780 per sqft

Source: Dubai Land Department. Updated 14 August 2016.

Key facts

Type
2-bed hotel apartment
Size
1,732 sqft
Floor
40th of 60
Parking
P3-191
Last sold
AED 3.08M · August 2016

About 4005, The Address Downtown Hotel

4005 is a two-bedroom hotel apartment of 1,732 sqft on the 40th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 14 August 2016 for AED 3,083,888, or AED 1,780 per sqft, in line with the AED 1,820 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4005 over time

Sales
Unit 4005, 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, August 2016: AED 3,083,888 (AED 1,780 per sqft)

4005 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 4005 sits

All 149 2-beds →

4005 last sold in August 2016 at AED 1,780 per sqft, in line with what two-beds in The Address Downtown Hotel were fetching at the time (AED 1,820). 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 40th floor

All 625 units in The Address Downtown Hotel
Value
40012-bedAED 2.65M · Apr 2010
40021-bedAED 3.8M · May 2013
40031-bedAED 1.64M · Oct 2009
40042-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

4005, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 14 August 2016 for AED 3,083,888, or AED 1,780 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 14 August 2016.

Questions about 4005, The Address Downtown Hotel

What did unit 4005 last sell for?

AED 3,083,888 on 14 August 2016, sold by the developer: AED 1,780 per sqft for 1,732 sqft. It is the only registered sale of the unit.

How big is unit 4005?

1,732 sqft (160.9 sqm): a two-bedroom hotel apartment on the 40th floor of a 60-storey tower.

What is unit 4005 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 4005, The Address Downtown Hotel

Starts from the last sale price (AED 3.08M, 14 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,083,888
Deposit, UAE resident (20%)
AED 616,778
Deposit, non-resident (40%)
AED 1,233,555
Monthly over 25 years at 3.7%
AED 12,617

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