1-bed · 959 sqftThe Address Downtown Hotel, Downtown Dubai · 53rd floor

5311, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5311 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 2.85M18 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5311, The Address Downtown Hotel

What is 5311 worth today?

Last sold for AED 2,850,000 in 2024

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18 Apr 2024SoldReady
AED 2,850,000AED 2,971 per sqft
21 Apr 2010Sold by developerReady
AED 1,351,888AED 1,409 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
1-bed hotel apartment
Size
959 sqft
Floor
53rd of 60
Parking
P1-40
Last sold
AED 2.85M · April 2024

About 5311, The Address Downtown Hotel

5311 is a one-bedroom hotel apartment of 959 sqft on the 53rd floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 18 April 2024 for AED 2,850,000, or AED 2,971 per sqft, 4% below the AED 3,101 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5311 over time

Sales
Unit 5311, 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 1,351,888 (AED 1,409 per sqft)Sold, April 2024: AED 2,850,000 (AED 2,971 per sqft)

5311 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 5311 sits

All 335 1-beds →

5311 last sold in April 2024 at AED 2,971 per sqft, 4% below what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,101). 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

5311, The Address Downtown Hotel in numbers

  • Sold twice: first on 21 April 2010 for AED 1,351,888, last on 18 April 2024 for AED 2,850,000 (AED 2,971 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 April 2024.

Questions about 5311, The Address Downtown Hotel

What did unit 5311 last sell for?

AED 2,850,000 on 18 April 2024: AED 2,971 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,351,888 in April 2010.

How big is unit 5311?

959 sqft (89.1 sqm): a one-bedroom hotel apartment on the 53rd floor of a 60-storey tower.

What is unit 5311 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 5311, The Address Downtown Hotel

Starts from the last sale price (AED 2.85M, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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