Studio · 519 sqftThe Address Downtown Hotel, Downtown Dubai · 40th floor

4010, The Address Downtown Hotel

Sold prices and rental history: sold 5 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4010 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 1.87M27 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4010, The Address Downtown Hotel

What is 4010 worth today?

Last sold for AED 1,870,000 in 2023

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27 Nov 2023SoldReady
AED 1,870,000AED 3,602 per sqft
17 Sep 2020SoldReady
AED 925,000AED 1,782 per sqft
23 Jun 2019SoldReady
AED 1,125,000AED 2,167 per sqft
2 Nov 2009Sold by developerReady
AED 946,888AED 1,824 per sqft
2 Nov 2009SoldReady
AED 1,310,000AED 2,523 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
Studio hotel apartment
Size
519 sqft
Floor
40th of 60
Parking
P1-239
Last sold
AED 1.87M · November 2023

About 4010, The Address Downtown Hotel

4010 is a studio of 519 sqft on the 40th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 27 November 2023 for AED 1,870,000, or AED 3,602 per sqft, 16% above the AED 3,102 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4010 over time

Sales
Unit 4010, each saleTypical studio in The Address Downtown Hotel
1M2M2009201420192024Typical sale price by year: 2009 AED 934,888; 2010 AED 950,888; 2011 AED 1,108,888; 2012 AED 1,300,000; 2013 AED 1,630,000; 2014 AED 2,400,000; 2015 AED 1,850,000; 2016 AED 1,700,000; 2017 AED 1,700,000; 2018 AED 1,527,706; 2019 AED 1,060,000; 2020 AED 1,000,000; 2021 AED 1,312,500; 2022 AED 1,300,000; 2023 AED 1,650,000; 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 1,590,000Sold by developer, November 2009: AED 946,888 (AED 1,824 per sqft)Sold, November 2009: AED 1,310,000 (AED 2,523 per sqft)Sold, June 2019: AED 1,125,000 (AED 2,167 per sqft)Sold, September 2020: AED 925,000 (AED 1,782 per sqft)Sold, November 2023: AED 1,870,000 (AED 3,602 per sqft)

4010 has sold 5 times; the dashed line is the studio median of each year in the building.

Studios in The Address Downtown Hotel, and where 4010 sits

All 130 studios →

4010 last sold in November 2023 at AED 3,602 per sqft, 16% above what studios in The Address Downtown Hotel were fetching at the time (AED 3,102). Over the last 12 months studios sold for AED 1,400,000 to 1,920,000, around AED 3,323 per sqft.

Recent studio salesUnit no.Price (AED)Summary
5 Aug 202610,816
3 Aug 20261,770,000
11 May 20261,400,000
6 May 20261,680,000
8 studio 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
40061-bedAED 3.3M · Apr 2017
40071-bedAED 5.3M · Oct 2025
1–7 of 15

4010, The Address Downtown Hotel in numbers

  • Sold 5 times: first on 2 November 2009 for AED 1,310,000, last on 27 November 2023 for AED 1,870,000 (AED 3,602 per sqft).
  • Studios in The Address Downtown Hotel sold for AED 1,400,000–1,920,000 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 27 November 2023.

Questions about 4010, The Address Downtown Hotel

What did unit 4010 last sell for?

AED 1,870,000 on 27 November 2023: AED 3,602 per sqft for 519 sqft. The unit has 5 registered sales; the first was AED 1,310,000 in November 2009.

How big is unit 4010?

519 sqft (48.2 sqm): a studio on the 40th floor of a 60-storey tower.

What is unit 4010 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Address Downtown Hotel sold for AED 1,400,000 to 1,920,000 in the last 12 months, around AED 3,323 per sqft.

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Mortgage on 4010, The Address Downtown Hotel

Starts from the last sale price (AED 1.87M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,000
Deposit, UAE resident (20%)
AED 374,000
Deposit, non-resident (40%)
AED 748,000
Monthly over 25 years at 3.7%
AED 7,651

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