2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 46th floor

4601, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in November 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4601 · DLD and Ejari recordsUpdated 7 November 2013
Last soldAED 8.5M7 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4601, The Address Downtown Hotel

What is 4601 worth today?

Last sold for AED 8,500,000 in 2013

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7 Nov 2013SoldReady
AED 8,500,000AED 4,599 per sqft
27 Apr 2010Sold by developerReady
AED 2,714,888AED 1,469 per sqft
27 Apr 2010SoldReady
AED 4,500,000AED 2,435 per sqft

Source: Dubai Land Department. Updated 7 November 2013.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
46th of 60
Parking
P1-183
Last sold
AED 8.5M · November 2013

About 4601, The Address Downtown Hotel

4601 is a two-bedroom hotel apartment of 1,848 sqft on the 46th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 7 November 2013 for AED 8,500,000, or AED 4,599 per sqft, 7% above the AED 4,294 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4601 over time

Sales
Unit 4601, 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, April 2010: AED 2,714,888 (AED 1,469 per sqft)Sold, April 2010: AED 4,500,000 (AED 2,435 per sqft)Sold, November 2013: AED 8,500,000 (AED 4,599 per sqft)

4601 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 4601 sits

All 149 2-beds →

4601 last sold in November 2013 at AED 4,599 per sqft, 7% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,294). 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 46th floor

All 625 units in The Address Downtown Hotel
Value
46021-bedAED 4.8M · Jul 2024
46031-bedAED 846K · Aug 2009
46042-bedAED 6.79M · May 2021
46052-bedAED 8.2M · Oct 2022
46061-bedAED 3.35M · Mar 2015
46071-bedAED 1.82M · Feb 2014
46082-bedAED 9.4M · Nov 2022
1–7 of 15

4601, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 27 April 2010 for AED 4,500,000, last on 7 November 2013 for AED 8,500,000 (AED 4,599 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 November 2013.

Questions about 4601, The Address Downtown Hotel

What did unit 4601 last sell for?

AED 8,500,000 on 7 November 2013: AED 4,599 per sqft for 1,848 sqft. The unit has 3 registered sales; the first was AED 4,500,000 in April 2010.

How big is unit 4601?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 46th floor of a 60-storey tower.

What is unit 4601 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 4601, The Address Downtown Hotel

Starts from the last sale price (AED 8.5M, 7 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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