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2-bed · 1,902 sqftThe Address Downtown Hotel, Downtown Dubai · 54th floor

5401, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in August 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5401 · DLD and Ejari recordsUpdated 29 August 2012
Last soldAED 6.7M29 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5401, The Address Downtown Hotel

What is 5401 worth today?

Last sold for AED 6,700,000 in 2012

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29 Aug 2012SoldReady
AED 6,700,000AED 3,522 per sqft
19 Oct 2011Sold by developerReady
AED 4,153,888AED 2,183 per sqft
19 Oct 2011SoldReady
AED 5,400,000AED 2,839 per sqft

Source: Dubai Land Department. Updated 29 August 2012.

Key facts

Type
2-bed hotel apartment
Size
1,902 sqft
Floor
54th of 60
Parking
P1-223 P1-224
Last sold
AED 6.7M · August 2012
Building
The Address Downtown Hotel

About 5401, The Address Downtown Hotel

5401 is a two-bedroom hotel apartment of 1,902 sqft on the 54th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 29 August 2012 for AED 6,700,000, or AED 3,522 per sqft, 13% above the AED 3,128 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5401 over time

Sales
Unit 5401, 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, October 2011: AED 4,153,888 (AED 2,183 per sqft)Sold, October 2011: AED 5,400,000 (AED 2,839 per sqft)Sold, August 2012: AED 6,700,000 (AED 3,522 per sqft)

5401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 5401 sits

All 149 2-beds →

5401 last sold in August 2012 at AED 3,522 per sqft, 13% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 3,128). 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 54th floor

All 625 units in The Address Downtown Hotel
Value
54021-bedAED 1.65M · Apr 2013
54031-bedAED 4.43M · Apr 2014
54041-bedAED 3.45M · Jun 2017
54052-bedAED 11.7M · Dec 2014
54061-bedAED 2.6M · Sep 2026
54071-bedAED 2.6M · Mar 2024
54081-bedAED 1.27M · Jul 2011
1–7 of 10

5401, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 19 October 2011 for AED 5,400,000, last on 29 August 2012 for AED 6,700,000 (AED 3,522 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 29 August 2012.

Questions about 5401, The Address Downtown Hotel

What did unit 5401 last sell for?

AED 6,700,000 on 29 August 2012: AED 3,522 per sqft for 1,902 sqft. The unit has 3 registered sales; the first was AED 5,400,000 in October 2011.

How big is unit 5401?

1,902 sqft (176.7 sqm): a two-bedroom hotel apartment on the 54th floor of a 60-storey tower.

What is unit 5401 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 5401, The Address Downtown Hotel

Starts from the last sale price (AED 6.7M, 29 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 6,700,000
Deposit, UAE resident (20%)
AED 1,340,000
Deposit, non-resident (40%)
AED 2,680,000
Monthly over 25 years at 3.7%
AED 27,412

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