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

4906, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4906 · DLD and Ejari recordsUpdated 18 October 2015
Last soldAED 3.38M18 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4906, The Address Downtown Hotel

What is 4906 worth today?

Last sold for AED 3,375,000 in 2015

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18 Oct 2015SoldReady
AED 3,375,000AED 4,573 per sqft
21 Apr 2010Sold by developerReady
AED 1,331,888AED 1,804 per sqft

Source: Dubai Land Department. Updated 18 October 2015.

Key facts

Type
1-bed hotel apartment
Size
738 sqft
Floor
49th of 60
Parking
P1-106
Last sold
AED 3.38M · October 2015
Building
The Address Downtown Hotel

About 4906, The Address Downtown Hotel

4906 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 18 October 2015 for AED 3,375,000, or AED 4,573 per sqft, 15% above the AED 3,975 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4906 over time

Sales
Unit 4906, 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, April 2010: AED 1,331,888 (AED 1,804 per sqft)Sold, October 2015: AED 3,375,000 (AED 4,573 per sqft)

4906 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 4906 sits

All 335 1-beds →

4906 last sold in October 2015 at AED 4,573 per sqft, 15% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,975). 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
49041-bedAED 3M · Jul 2024
49052-bedAED 8M · Nov 2022
49071-bedAED 1.22M · Apr 2010
49081-bedAED 1.73M · Apr 2012
1–7 of 10

4906, The Address Downtown Hotel in numbers

  • Sold twice: first on 21 April 2010 for AED 1,331,888, last on 18 October 2015 for AED 3,375,000 (AED 4,573 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 18 October 2015.

Questions about 4906, The Address Downtown Hotel

What did unit 4906 last sell for?

AED 3,375,000 on 18 October 2015: AED 4,573 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 1,331,888 in April 2010.

How big is unit 4906?

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

What is unit 4906 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 4906, The Address Downtown Hotel

Starts from the last sale price (AED 3.38M, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,375,000
Deposit, UAE resident (20%)
AED 675,000
Deposit, non-resident (40%)
AED 1,350,000
Monthly over 25 years at 3.7%
AED 13,808

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