2-bed · 1,870 sqftThe Address Downtown Hotel, Downtown Dubai · 49th floor

4905, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4905 · DLD and Ejari recordsUpdated 17 November 2022
Last soldAED 8M17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4905, The Address Downtown Hotel

What is 4905 worth today?

Last sold for AED 8,000,000 in 2022

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17 Nov 2022SoldReady
AED 8,000,000AED 4,278 per sqft
28 Nov 2012SoldReady
AED 7,800,000AED 4,171 per sqft
12 Aug 2010Sold by developerReady
AED 5,100,000AED 2,727 per sqft
12 Aug 2010SoldReady
AED 3,389,888AED 1,812 per sqft

Source: Dubai Land Department. Updated 17 November 2022.

Key facts

Type
2-bed hotel apartment
Size
1,870 sqft
Floor
49th of 60
Parking
P2-203 P2-204
Last sold
AED 8M · November 2022

About 4905, The Address Downtown Hotel

4905 is a two-bedroom hotel apartment of 1,870 sqft on the 49th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 17 November 2022 for AED 8,000,000, or AED 4,278 per sqft, in line with the AED 4,278 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4905 over time

Sales
Unit 4905, 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, August 2010: AED 5,100,000 (AED 2,727 per sqft)Sold, August 2010: AED 3,389,888 (AED 1,812 per sqft)Sold, November 2012: AED 7,800,000 (AED 4,171 per sqft)Sold, November 2022: AED 8,000,000 (AED 4,278 per sqft)

4905 has sold 4 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 4905 sits

All 149 2-beds →

4905 last sold in November 2022 at AED 4,278 per sqft, in line with what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,278). 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
49012-bedAED 5.71M · Apr 2011
49021-bedAED 3.4M · Aug 2024
49031-bedAED 4.5M · Jun 2013
49041-bedAED 3M · Jul 2024
49061-bedAED 3.38M · Oct 2015
49071-bedAED 1.22M · Apr 2010
49081-bedAED 1.73M · Apr 2012
1–7 of 10

4905, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 12 August 2010 for AED 3,389,888, last on 17 November 2022 for AED 8,000,000 (AED 4,278 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 17 November 2022.

Questions about 4905, The Address Downtown Hotel

What did unit 4905 last sell for?

AED 8,000,000 on 17 November 2022: AED 4,278 per sqft for 1,870 sqft. The unit has 4 registered sales; the first was AED 3,389,888 in August 2010.

How big is unit 4905?

1,870 sqft (173.7 sqm): a two-bedroom hotel apartment on the 49th floor of a 60-storey tower.

What is unit 4905 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 4905, The Address Downtown Hotel

Starts from the last sale price (AED 8M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

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