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1-bed · 823 sqftThe Address Downtown Hotel, Downtown Dubai · 53rd floor

5309, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 2.8M12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5309, The Address Downtown Hotel

What is 5309 worth today?

Last sold for AED 2,800,000 in 2023

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12 Sep 2023SoldReady
AED 2,800,000AED 3,402 per sqft
8 May 2016SoldReady
AED 2,300,000AED 2,794 per sqft
18 Sep 2012SoldReady
AED 1,725,000AED 2,095 per sqft
5 Apr 2011Sold by developerReady
AED 1,600,888AED 1,945 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
1-bed hotel apartment
Size
823 sqft
Floor
53rd of 60
Parking
P3-138
Last sold
AED 2.8M · September 2023
Building
The Address Downtown Hotel

About 5309, The Address Downtown Hotel

5309 is a one-bedroom hotel apartment of 823 sqft on the 53rd floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 12 September 2023 for AED 2,800,000, or AED 3,402 per sqft, 9% above the AED 3,118 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5309 over time

Sales
Unit 5309, 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, April 2011: AED 1,600,888 (AED 1,945 per sqft)Sold, September 2012: AED 1,725,000 (AED 2,095 per sqft)Sold, May 2016: AED 2,300,000 (AED 2,794 per sqft)Sold, September 2023: AED 2,800,000 (AED 3,402 per sqft)

5309 has sold 4 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 5309 sits

All 335 1-beds →

5309 last sold in September 2023 at AED 3,402 per sqft, 9% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,118). 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 53rd floor

All 625 units in The Address Downtown Hotel
Value
53012-bedAED 8.5M · Mar 2023
53021-bedAED 1.64M · Apr 2010
53031-bedAED 4M · Oct 2012
53041-bedAED 3.43M · Oct 2025
53052-bedAED 11.8M · Nov 2014
53061-bedAED 2.9M · Jan 2025
53071-bedAED 1.8M · Sep 2012
1–7 of 10

5309, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 5 April 2011 for AED 1,600,888, last on 12 September 2023 for AED 2,800,000 (AED 3,402 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 12 September 2023.

Questions about 5309, The Address Downtown Hotel

What did unit 5309 last sell for?

AED 2,800,000 on 12 September 2023: AED 3,402 per sqft for 823 sqft. The unit has 4 registered sales; the first was AED 1,600,888 in April 2011.

How big is unit 5309?

823 sqft (76.5 sqm): a one-bedroom hotel apartment on the 53rd floor of a 60-storey tower.

What is unit 5309 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 5309, The Address Downtown Hotel

Starts from the last sale price (AED 2.8M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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