1-bed · 796 sqftThe Address Downtown Hotel, Downtown Dubai · 40th floor

4006, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in April 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4006 · DLD and Ejari recordsUpdated 12 April 2017
Last soldAED 3.3M12 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4006, The Address Downtown Hotel

What is 4006 worth today?

Last sold for AED 3,300,000 in 2017

Unlock today's estimate, updated daily, with

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

12 Apr 2017SoldReady
AED 3,300,000AED 4,145 per sqft
7 Jun 2009Sold by developerReady
AED 1,684,888AED 2,116 per sqft

Source: Dubai Land Department. Updated 12 April 2017.

Key facts

Type
1-bed hotel apartment
Size
796 sqft
Floor
40th of 60
Parking
P3-147
Last sold
AED 3.3M · April 2017

About 4006, The Address Downtown Hotel

4006 is a one-bedroom hotel apartment of 796 sqft on the 40th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 12 April 2017 for AED 3,300,000, or AED 4,145 per sqft, 48% above the AED 2,794 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4006 over time

Sales
Unit 4006, 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, June 2009: AED 1,684,888 (AED 2,116 per sqft)Sold, April 2017: AED 3,300,000 (AED 4,145 per sqft)

4006 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 4006 sits

All 335 1-beds →

4006 last sold in April 2017 at AED 4,145 per sqft, 48% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,794). 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
40021-bedAED 3.8M · May 2013
40031-bedAED 1.64M · Oct 2009
40042-bedAED 3.08M · Aug 2016
40052-bedAED 3.08M · Aug 2016
40071-bedAED 5.3M · Oct 2025
40082-bedAED 5.33M · Apr 2013
1–7 of 15

4006, The Address Downtown Hotel in numbers

  • Sold twice: first on 7 June 2009 for AED 1,684,888, last on 12 April 2017 for AED 3,300,000 (AED 4,145 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 12 April 2017.

Questions about 4006, The Address Downtown Hotel

What did unit 4006 last sell for?

AED 3,300,000 on 12 April 2017: AED 4,145 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 1,684,888 in June 2009.

How big is unit 4006?

796 sqft (74.0 sqm): a one-bedroom hotel apartment on the 40th floor of a 60-storey tower.

What is unit 4006 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.

Selling 4006? 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 4006, The Address Downtown Hotel

Starts from the last sale price (AED 3.3M, 12 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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