1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 46th floor

4602, The Address Downtown Hotel

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

Unit 4602 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 4.8M16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4602, The Address Downtown Hotel

What is 4602 worth today?

Last sold for AED 4,800,000 in 2024

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16 Jul 2024SoldReady
AED 4,800,000AED 5,454 per sqft
11 Oct 2022SoldReady
AED 4,100,000AED 4,659 per sqft
18 Aug 2014Sold by developerReady
AED 1,732,888AED 1,969 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
46th of 60
Parking
P1-177
Last sold
AED 4.8M · July 2024

About 4602, The Address Downtown Hotel

4602 is a one-bedroom hotel apartment of 880 sqft on the 46th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 16 July 2024 for AED 4,800,000, or AED 5,454 per sqft, 67% above the AED 3,262 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4602 over time

Sales
Unit 4602, each saleTypical one-bed in The Address Downtown Hotel
2M4M2009201420192024Typical 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, August 2014: AED 1,732,888 (AED 1,969 per sqft)Sold, October 2022: AED 4,100,000 (AED 4,659 per sqft)Sold, July 2024: AED 4,800,000 (AED 5,454 per sqft)

4602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 4602 sits

All 335 1-beds →

4602 last sold in July 2024 at AED 5,454 per sqft, 67% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,262). 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 46th floor

All 625 units in The Address Downtown Hotel
Value
46012-bedAED 8.5M · Nov 2013
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

4602, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 18 August 2014 for AED 1,732,888, last on 16 July 2024 for AED 4,800,000 (AED 5,454 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 16 July 2024.

Questions about 4602, The Address Downtown Hotel

What did unit 4602 last sell for?

AED 4,800,000 on 16 July 2024: AED 5,454 per sqft for 880 sqft. The unit has 3 registered sales; the first was AED 1,732,888 in August 2014.

How big is unit 4602?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 46th floor of a 60-storey tower.

What is unit 4602 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 4602, The Address Downtown Hotel

Starts from the last sale price (AED 4.8M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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