2-bed · 1,902 sqftThe Address Downtown Hotel, Downtown Dubai · 51st floor

5101, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5101 · DLD and Ejari recordsUpdated 24 June 2009
Last soldAED 4M24 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5101, The Address Downtown Hotel

What is 5101 worth today?

Last sold for AED 4,000,000 in 2009

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24 Jun 2009Sold by developerReady
AED 4,000,000AED 2,103 per sqft
24 Jun 2009SoldReady
AED 5,746,888AED 3,021 per sqft

Source: Dubai Land Department. Updated 24 June 2009.

Key facts

Type
2-bed hotel apartment
Size
1,902 sqft
Floor
51st of 60
Parking
P2-119 P2-120
Last sold
AED 4M · June 2009

About 5101, The Address Downtown Hotel

5101 is a two-bedroom hotel apartment of 1,902 sqft on the 51st floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 24 June 2009 for AED 4,000,000, or AED 2,103 per sqft, in line with the AED 2,103 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5101 over time

Sales
Unit 5101, 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, June 2009: AED 4,000,000 (AED 2,103 per sqft)Sold, June 2009: AED 5,746,888 (AED 3,021 per sqft)

5101 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 5101 sits

All 149 2-beds →

5101 last sold in June 2009 at AED 2,103 per sqft, in line with what two-beds in The Address Downtown Hotel were fetching at the time (AED 2,103). 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 51st floor

All 625 units in The Address Downtown Hotel
Value
51021-bedAED 1.62M · Apr 2010
51031-bedAED 1.75M · Apr 2010
51041-bedAED 2.1M · Mar 2011
51052-bedAED 5.6M · Dec 2011
51061-bedAED 1.35M · Dec 2010
51071-bedAED 1.82M · Apr 2012
51081-bedAED 2.3M · May 2023
1–7 of 10

5101, The Address Downtown Hotel in numbers

  • Sold twice: first on 24 June 2009 for AED 5,746,888, last on 24 June 2009 for AED 4,000,000 (AED 2,103 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 24 June 2009.

Questions about 5101, The Address Downtown Hotel

What did unit 5101 last sell for?

AED 4,000,000 on 24 June 2009, sold by the developer: AED 2,103 per sqft for 1,902 sqft. The unit has 2 registered sales; the first was AED 5,746,888 in June 2009.

How big is unit 5101?

1,902 sqft (176.7 sqm): a two-bedroom hotel apartment on the 51st floor of a 60-storey tower.

What is unit 5101 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 5101, The Address Downtown Hotel

Starts from the last sale price (AED 4M, 24 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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