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2-bed · 1,732 sqftThe Address Downtown Hotel, Downtown Dubai · 45th floor

4505, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 11M7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4505, The Address Downtown Hotel

What is 4505 worth today?

Last sold for AED 11,000,000 in 2024

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7 May 2024SoldReady
AED 11,000,000AED 6,350 per sqft
19 May 2022SoldReady
AED 7,500,000AED 4,330 per sqft
19 Nov 2015Sold by developerReady
AED 3,153,888AED 1,820 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,732 sqft
Floor
45th of 60
Parking
P2-184
Last sold
AED 11M · May 2024
Building
The Address Downtown Hotel

About 4505, The Address Downtown Hotel

4505 is a two-bedroom hotel apartment of 1,732 sqft on the 45th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 7 May 2024 for AED 11,000,000, or AED 6,350 per sqft, 18% above the AED 5,369 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4505 over time

Sales
Unit 4505, 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, November 2015: AED 3,153,888 (AED 1,820 per sqft)Sold, May 2022: AED 7,500,000 (AED 4,330 per sqft)Sold, May 2024: AED 11,000,000 (AED 6,350 per sqft)

4505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 4505 sits

All 149 2-beds →

4505 last sold in May 2024 at AED 6,350 per sqft, 18% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 5,369). 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 45th floor

All 625 units in The Address Downtown Hotel
Value
45012-bedAED 8.85M · Mar 2025
45021-bedAED 3.67M · Jul 2022
45031-bedAED 4.5M · Mar 2026
45042-bedAED 7.5M · May 2022
45061-bedAED 4.5M · Jan 2026
45071-bedAED 4.95M · Dec 2024
45082-bedAED 11M · Jan 2025
1–7 of 15

4505, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 19 November 2015 for AED 3,153,888, last on 7 May 2024 for AED 11,000,000 (AED 6,350 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 7 May 2024.

Questions about 4505, The Address Downtown Hotel

What did unit 4505 last sell for?

AED 11,000,000 on 7 May 2024: AED 6,350 per sqft for 1,732 sqft. The unit has 3 registered sales; the first was AED 3,153,888 in November 2015.

How big is unit 4505?

1,732 sqft (160.9 sqm): a two-bedroom hotel apartment on the 45th floor of a 60-storey tower.

What is unit 4505 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 4505, The Address Downtown Hotel

Starts from the last sale price (AED 11M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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