Home
Dubai prices
About
Research
1-bed · 741 sqftThe Address Downtown Hotel, Downtown Dubai · 54th floor

5407, The Address Downtown Hotel

Sold prices and rental history: sold 6 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5407 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 2.6M1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 5407

Property timeline for 5407, The Address Downtown Hotel

What is 5407 worth today?

Last sold for AED 2,600,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2024SoldReady
AED 2,600,000AED 3,508 per sqft
16 Jun 2023SoldReady
AED 2,050,000AED 2,766 per sqft
30 Jan 2011SoldReady
AED 1,600,000AED 2,159 per sqft
25 Nov 2009SoldReady
AED 1,575,000AED 2,125 per sqft
9 Jul 2009SoldReady
AED 1,500,000AED 2,024 per sqft
8 Jul 2009Sold by developerReady
AED 1,240,888AED 1,674 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed hotel apartment
Size
741 sqft
Floor
54th of 60
Parking
P3-122
Last sold
AED 2.6M · March 2024
Building
The Address Downtown Hotel

About 5407, The Address Downtown Hotel

5407 is a one-bedroom hotel apartment of 741 sqft on the 54th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 1 March 2024 for AED 2,600,000, or AED 3,508 per sqft, 13% above the AED 3,111 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5407 over time

Sales
Unit 5407, 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, July 2009: AED 1,500,000 (AED 2,024 per sqft)Sold by developer, July 2009: AED 1,240,888 (AED 1,674 per sqft)Sold, November 2009: AED 1,575,000 (AED 2,125 per sqft)Sold, January 2011: AED 1,600,000 (AED 2,159 per sqft)Sold, June 2023: AED 2,050,000 (AED 2,766 per sqft)Sold, March 2024: AED 2,600,000 (AED 3,508 per sqft)

5407 has sold 6 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 5407 sits

All 335 1-beds →

5407 last sold in March 2024 at AED 3,508 per sqft, 13% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,111). 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
54041-bedAED 3.45M · Jun 2017
54052-bedAED 11.7M · Dec 2014
54061-bedAED 2.6M · Sep 2026
54081-bedAED 1.27M · Jul 2011
1–7 of 10

5407, The Address Downtown Hotel in numbers

  • Sold 6 times: first on 8 July 2009 for AED 1,240,888, last on 1 March 2024 for AED 2,600,000 (AED 3,508 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 1 March 2024.

Questions about 5407, The Address Downtown Hotel

What did unit 5407 last sell for?

AED 2,600,000 on 1 March 2024: AED 3,508 per sqft for 741 sqft. The unit has 6 registered sales; the first was AED 1,240,888 in July 2009.

How big is unit 5407?

741 sqft (68.8 sqm): a one-bedroom hotel apartment on the 54th floor of a 60-storey tower.

What is unit 5407 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.

Selling 5407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5407, The Address Downtown Hotel

Starts from the last sale price (AED 2.6M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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