2-bed · 1,902 sqftThe Address Downtown Hotel, Downtown Dubai · 49th floor

4901, The Address Downtown Hotel

Sold prices and rental history: sold once, by the developer in April 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4901 · DLD and Ejari recordsUpdated 25 April 2011
Last soldAED 5.71M25 April 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4901, The Address Downtown Hotel

What is 4901 worth today?

Last sold for AED 5,705,888 in 2011

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25 Apr 2011Sold by developerReady
AED 5,705,888AED 2,999 per sqft

Source: Dubai Land Department. Updated 25 April 2011.

Key facts

Type
2-bed hotel apartment
Size
1,902 sqft
Floor
49th of 60
Parking
P2-45 P2-46
Last sold
AED 5.71M · April 2011

About 4901, The Address Downtown Hotel

4901 is a two-bedroom hotel apartment of 1,902 sqft on the 49th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 25 April 2011 for AED 5,705,888, or AED 2,999 per sqft, 28% above the AED 2,347 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4901 over time

Sales
Unit 4901, 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 2011: AED 5,705,888 (AED 2,999 per sqft)

4901 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 4901 sits

All 149 2-beds →

4901 last sold in April 2011 at AED 2,999 per sqft, 28% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 2,347). 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 49th floor

All 625 units in The Address Downtown Hotel
Value
49021-bedAED 3.4M · Aug 2024
49031-bedAED 4.5M · Jun 2013
49041-bedAED 3M · Jul 2024
49052-bedAED 8M · Nov 2022
49061-bedAED 3.38M · Oct 2015
49071-bedAED 1.22M · Apr 2010
49081-bedAED 1.73M · Apr 2012
1–7 of 10

4901, The Address Downtown Hotel in numbers

  • Sold once: by the developer on 25 April 2011 for AED 5,705,888, or AED 2,999 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 25 April 2011.

Questions about 4901, The Address Downtown Hotel

What did unit 4901 last sell for?

AED 5,705,888 on 25 April 2011, sold by the developer: AED 2,999 per sqft for 1,902 sqft. It is the only registered sale of the unit.

How big is unit 4901?

1,902 sqft (176.7 sqm): a two-bedroom hotel apartment on the 49th floor of a 60-storey tower.

What is unit 4901 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 4901, The Address Downtown Hotel

Starts from the last sale price (AED 5.71M, 25 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 5,705,888
Deposit, UAE resident (20%)
AED 1,141,178
Deposit, non-resident (40%)
AED 2,282,355
Monthly over 25 years at 3.7%
AED 23,345

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