Studio · 519 sqftThe Address Downtown Hotel, Downtown Dubai · 42nd floor

4215, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4215 · DLD and Ejari recordsUpdated 12 September 2017
Last soldAED 1.8M12 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4215, The Address Downtown Hotel

What is 4215 worth today?

Last sold for AED 1,800,000 in 2017

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12 Sep 2017SoldReady
AED 1,800,000AED 3,467 per sqft
11 Dec 2012SoldReady
AED 1,400,000AED 2,697 per sqft
7 Aug 2011SoldReady
AED 1,150,000AED 2,215 per sqft
4 Aug 2011Sold by developerReady
AED 953,888AED 1,837 per sqft

Source: Dubai Land Department. Updated 12 September 2017.

Key facts

Type
Studio hotel apartment
Size
519 sqft
Floor
42nd of 60
Parking
P1-92
Last sold
AED 1.8M · September 2017

About 4215, The Address Downtown Hotel

4215 is a studio of 519 sqft on the 42nd floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 12 September 2017 for AED 1,800,000, or AED 3,467 per sqft, 6% above the AED 3,275 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4215 over time

Sales
Unit 4215, 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, August 2011: AED 1,150,000 (AED 2,215 per sqft)Sold by developer, August 2011: AED 953,888 (AED 1,837 per sqft)Sold, December 2012: AED 1,400,000 (AED 2,697 per sqft)Sold, September 2017: AED 1,800,000 (AED 3,467 per sqft)

4215 has sold 4 times; the dashed line is the studio median of each year in the building.

Studios in The Address Downtown Hotel, and where 4215 sits

All 130 studios →

4215 last sold in September 2017 at AED 3,467 per sqft, 6% above what studios in The Address Downtown Hotel were fetching at the time (AED 3,275). 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 42nd floor

All 625 units in The Address Downtown Hotel
Value
42012-bedAED 3.9M · May 2009
42021-bedAED 4.4M · Jul 2013
42031-bedAED 4.5M · Dec 2013
42042-bedAED 7.9M · Jul 2023
42052-bedAED 4.3M · Mar 2010
42061-bedAED 4.2M · Dec 2025
42071-bedAED 1.79M · May 2010
1–7 of 14

4215, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 4 August 2011 for AED 953,888, last on 12 September 2017 for AED 1,800,000 (AED 3,467 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 12 September 2017.

Questions about 4215, The Address Downtown Hotel

What did unit 4215 last sell for?

AED 1,800,000 on 12 September 2017: AED 3,467 per sqft for 519 sqft. The unit has 4 registered sales; the first was AED 953,888 in August 2011.

How big is unit 4215?

519 sqft (48.2 sqm): a studio on the 42nd floor of a 60-storey tower.

What is unit 4215 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 4215, The Address Downtown Hotel

Starts from the last sale price (AED 1.8M, 12 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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