1-bed · 738 sqftThe Address Downtown Hotel, Downtown Dubai · 49th floor

4904, The Address Downtown Hotel

Sold prices and rental history: sold twice, 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 4904 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 3M22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4904, The Address Downtown Hotel

What is 4904 worth today?

Last sold for AED 3,000,000 in 2024

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22 Jul 2024SoldReady
AED 3,000,000AED 4,065 per sqft
5 Jan 2012Sold by developerReady
AED 1,630,888AED 2,209 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed hotel apartment
Size
738 sqft
Floor
49th of 60
Parking
P3-63
Last sold
AED 3M · July 2024

About 4904, The Address Downtown Hotel

4904 is a one-bedroom hotel apartment of 738 sqft on the 49th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 22 July 2024 for AED 3,000,000, or AED 4,065 per sqft, 23% above the AED 3,303 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4904 over time

Sales
Unit 4904, each saleTypical one-bed in The Address Downtown Hotel
2M3M4M2009201420192024Typical 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 2012: AED 1,630,888 (AED 2,209 per sqft)Sold, July 2024: AED 3,000,000 (AED 4,065 per sqft)

4904 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 4904 sits

All 335 1-beds →

4904 last sold in July 2024 at AED 4,065 per sqft, 23% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,303). 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 49th floor

All 625 units in The Address Downtown Hotel
Value
49012-bedAED 5.71M · Apr 2011
49021-bedAED 3.4M · Aug 2024
49031-bedAED 4.5M · Jun 2013
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

4904, The Address Downtown Hotel in numbers

  • Sold twice: first on 5 January 2012 for AED 1,630,888, last on 22 July 2024 for AED 3,000,000 (AED 4,065 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 22 July 2024.

Questions about 4904, The Address Downtown Hotel

What did unit 4904 last sell for?

AED 3,000,000 on 22 July 2024: AED 4,065 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 1,630,888 in January 2012.

How big is unit 4904?

738 sqft (68.6 sqm): a one-bedroom hotel apartment on the 49th floor of a 60-storey tower.

What is unit 4904 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 4904, The Address Downtown Hotel

Starts from the last sale price (AED 3M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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