1-bed · 738 sqftThe Address Downtown Hotel, Downtown Dubai · 54th floor

5404, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5404 · DLD and Ejari recordsUpdated 11 June 2017
Last soldAED 3.45M11 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5404, The Address Downtown Hotel

What is 5404 worth today?

Last sold for AED 3,450,000 in 2017

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11 Jun 2017SoldReady
AED 3,450,000AED 4,674 per sqft
11 Oct 2016SoldReady
AED 3,000,000AED 4,065 per sqft
5 Jan 2010Sold by developerReady
AED 1,680,888AED 2,277 per sqft
5 Jan 2010SoldReady
AED 2,200,000AED 2,981 per sqft

Source: Dubai Land Department. Updated 11 June 2017.

Key facts

Type
1-bed hotel apartment
Size
738 sqft
Floor
54th of 60
Parking
P3-41
Last sold
AED 3.45M · June 2017

About 5404, The Address Downtown Hotel

5404 is a one-bedroom hotel apartment of 738 sqft on the 54th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 11 June 2017 for AED 3,450,000, or AED 4,674 per sqft, 44% above the AED 3,246 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5404 over time

Sales
Unit 5404, 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, January 2010: AED 1,680,888 (AED 2,277 per sqft)Sold, January 2010: AED 2,200,000 (AED 2,981 per sqft)Sold, October 2016: AED 3,000,000 (AED 4,065 per sqft)Sold, June 2017: AED 3,450,000 (AED 4,674 per sqft)

5404 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 5404 sits

All 335 1-beds →

5404 last sold in June 2017 at AED 4,674 per sqft, 44% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,246). 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 54th floor

All 625 units in The Address Downtown Hotel
Value
54012-bedAED 6.7M · Aug 2012
54021-bedAED 1.65M · Apr 2013
54031-bedAED 4.43M · Apr 2014
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

5404, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 5 January 2010 for AED 2,200,000, last on 11 June 2017 for AED 3,450,000 (AED 4,674 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 11 June 2017.

Questions about 5404, The Address Downtown Hotel

What did unit 5404 last sell for?

AED 3,450,000 on 11 June 2017: AED 4,674 per sqft for 738 sqft. The unit has 4 registered sales; the first was AED 2,200,000 in January 2010.

How big is unit 5404?

738 sqft (68.6 sqm): a one-bedroom hotel apartment on the 54th floor of a 60-storey tower.

What is unit 5404 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 5404, The Address Downtown Hotel

Starts from the last sale price (AED 3.45M, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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