1-bed · 935 sqftThe Address Downtown Hotel, Downtown Dubai · 46th floor

4616, The Address Downtown Hotel

Sold prices and rental history: sold 5 times, last in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4616 · DLD and Ejari recordsUpdated 27 October 2020
Last soldAED 1.6M27 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4616, The Address Downtown Hotel

What is 4616 worth today?

Last sold for AED 1,600,000 in 2020

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27 Oct 2020SoldReady
AED 1,600,000AED 1,711 per sqft
12 Nov 2019SoldReady
AED 1,580,000AED 1,689 per sqft
20 Apr 2011SoldReady
AED 1,840,000AED 1,968 per sqft
15 Mar 2011SoldReady
AED 1,675,000AED 1,791 per sqft
20 Jan 2011Sold by developerReady
AED 676,444AED 723 per sqft

Source: Dubai Land Department. Updated 27 October 2020.

Key facts

Type
1-bed hotel apartment
Size
935 sqft
Floor
46th of 60
Parking
P1-9
Last sold
AED 1.6M · October 2020

About 4616, The Address Downtown Hotel

4616 is a one-bedroom hotel apartment of 935 sqft on the 46th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 27 October 2020 for AED 1,600,000, or AED 1,711 per sqft, in line with the AED 1,701 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4616 over time

Sales
Unit 4616, 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, January 2011: AED 676,444 (AED 723 per sqft)Sold, March 2011: AED 1,675,000 (AED 1,791 per sqft)Sold, April 2011: AED 1,840,000 (AED 1,968 per sqft)Sold, November 2019: AED 1,580,000 (AED 1,689 per sqft)Sold, October 2020: AED 1,600,000 (AED 1,711 per sqft)

4616 has sold 5 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 4616 sits

All 335 1-beds →

4616 last sold in October 2020 at AED 1,711 per sqft, in line with what one-beds in The Address Downtown Hotel were fetching at the time (AED 1,701). 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
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
1–7 of 15

4616, The Address Downtown Hotel in numbers

  • Sold 5 times: first on 20 January 2011 for AED 676,444, last on 27 October 2020 for AED 1,600,000 (AED 1,711 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 27 October 2020.

Questions about 4616, The Address Downtown Hotel

What did unit 4616 last sell for?

AED 1,600,000 on 27 October 2020: AED 1,711 per sqft for 935 sqft. The unit has 5 registered sales; the first was AED 676,444 in January 2011.

How big is unit 4616?

935 sqft (86.9 sqm): a one-bedroom hotel apartment on the 46th floor of a 60-storey tower.

What is unit 4616 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 4616, The Address Downtown Hotel

Starts from the last sale price (AED 1.6M, 27 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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