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2-bed · 1,870 sqftThe Address Downtown Hotel, Downtown Dubai · 54th floor

5405, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in December 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5405 · DLD and Ejari recordsUpdated 17 December 2014
Last soldAED 11.7M17 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5405, The Address Downtown Hotel

What is 5405 worth today?

Last sold for AED 11,700,000 in 2014

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17 Dec 2014SoldReady
AED 11,700,000AED 6,256 per sqft
25 Nov 2009Sold by developerReady
AED 1,724,944AED 922 per sqft

Source: Dubai Land Department. Updated 17 December 2014.

Key facts

Type
2-bed hotel apartment
Size
1,870 sqft
Floor
54th of 60
Parking
P1-211 P1-212
Last sold
AED 11.7M · December 2014
Building
The Address Downtown Hotel

About 5405, The Address Downtown Hotel

5405 is a two-bedroom hotel apartment of 1,870 sqft on the 54th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 17 December 2014 for AED 11,700,000, or AED 6,256 per sqft, 7% above the AED 5,844 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5405 over time

Sales
Unit 5405, each saleTypical two-bed in The Address Downtown Hotel
05M10M2009201420192024Typical 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, November 2009: AED 1,724,944 (AED 922 per sqft)Sold, December 2014: AED 11,700,000 (AED 6,256 per sqft)

5405 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 5405 sits

All 149 2-beds →

5405 last sold in December 2014 at AED 6,256 per sqft, 7% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 5,844). 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
54012-bedAED 6.7M · Aug 2012
54021-bedAED 1.65M · Apr 2013
54031-bedAED 4.43M · Apr 2014
54041-bedAED 3.45M · Jun 2017
54061-bedAED 2.6M · Sep 2026
54071-bedAED 2.6M · Mar 2024
54081-bedAED 1.27M · Jul 2011
1–7 of 10

5405, The Address Downtown Hotel in numbers

  • Sold twice: first on 25 November 2009 for AED 1,724,944, last on 17 December 2014 for AED 11,700,000 (AED 6,256 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 17 December 2014.

Questions about 5405, The Address Downtown Hotel

What did unit 5405 last sell for?

AED 11,700,000 on 17 December 2014: AED 6,256 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 1,724,944 in November 2009.

How big is unit 5405?

1,870 sqft (173.7 sqm): a two-bedroom hotel apartment on the 54th floor of a 60-storey tower.

What is unit 5405 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 5405, The Address Downtown Hotel

Starts from the last sale price (AED 11.7M, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 11,700,000
Deposit, UAE resident (20%)
AED 2,340,000
Deposit, non-resident (40%)
AED 4,680,000
Monthly over 25 years at 3.7%
AED 47,868

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