1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 45th floor

4502, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 3.67M1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, The Address Downtown Hotel

What is 4502 worth today?

Last sold for AED 3,672,000 in 2022

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1 Jul 2022SoldReady
AED 3,672,000AED 4,172 per sqft
12 Apr 2022SoldReady
AED 2,559,526AED 2,908 per sqft
8 Apr 2021SoldReady
AED 1,608,570AED 1,828 per sqft
9 Dec 2015Sold by developerReady
AED 1,723,888AED 1,959 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
45th of 60
Parking
P1-179
Last sold
AED 3.67M · July 2022

About 4502, The Address Downtown Hotel

4502 is a one-bedroom hotel apartment of 880 sqft on the 45th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 1 July 2022 for AED 3,672,000, or AED 4,172 per sqft, 74% above the AED 2,398 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4502 over time

Sales
Unit 4502, 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, December 2015: AED 1,723,888 (AED 1,959 per sqft)Sold, April 2021: AED 1,608,570 (AED 1,828 per sqft)Sold, April 2022: AED 2,559,526 (AED 2,908 per sqft)Sold, July 2022: AED 3,672,000 (AED 4,172 per sqft)

4502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 4502 sits

All 335 1-beds →

4502 last sold in July 2022 at AED 4,172 per sqft, 74% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,398). 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 45th floor

All 625 units in The Address Downtown Hotel
Value
45012-bedAED 8.85M · Mar 2025
45031-bedAED 4.5M · Mar 2026
45042-bedAED 7.5M · May 2022
45052-bedAED 11M · May 2024
45061-bedAED 4.5M · Jan 2026
45071-bedAED 4.95M · Dec 2024
45082-bedAED 11M · Jan 2025
1–7 of 15

4502, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 9 December 2015 for AED 1,723,888, last on 1 July 2022 for AED 3,672,000 (AED 4,172 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 1 July 2022.

Questions about 4502, The Address Downtown Hotel

What did unit 4502 last sell for?

AED 3,672,000 on 1 July 2022: AED 4,172 per sqft for 880 sqft. The unit has 4 registered sales; the first was AED 1,723,888 in December 2015.

How big is unit 4502?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 45th floor of a 60-storey tower.

What is unit 4502 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 4502, The Address Downtown Hotel

Starts from the last sale price (AED 3.67M, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,672,000
Deposit, UAE resident (20%)
AED 734,400
Deposit, non-resident (40%)
AED 1,468,800
Monthly over 25 years at 3.7%
AED 15,023

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