5408, The Address Downtown Hotel
Sold prices and rental history: sold once, by the developer in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, The Address Downtown Hotel
What is 5408 worth today?
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Source: Dubai Land Department. Updated 18 July 2011.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 823 sqft
- Floor
- 54th of 60
- Parking
- P3-137
- Last sold
- AED 1.27M · July 2011
- Building
- The Address Downtown Hotel
About 5408, The Address Downtown Hotel
5408 is a one-bedroom hotel apartment of 823 sqft on the 54th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 18 July 2011 for AED 1,270,888, or AED 1,544 per sqft, 15% below the AED 1,815 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5408 over time
5408 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in The Address Downtown Hotel, and where 5408 sits
All 335 1-beds →5408 last sold in July 2011 at AED 1,544 per sqft, 15% below what one-beds in The Address Downtown Hotel were fetching at the time (AED 1,815). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 741 sqft | 3,140,000 | 4,237 | ||
| 9 Oct 20269 October 2026 | 935 sqft | 3,400,000 | 3,636 | ||
| 28 Sep 202628 September 2026 | 959 sqft | 2,600,000 | 2,711 | ||
| 26 Aug 202626 August 2026 | 927 sqft | 3,050,000 | 3,290 |
The Address Downtown Hotel
Building625 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
Other units on the 54th floor
All 625 units in The Address Downtown Hotel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 2-bed | 1,902 sqft | AED 6.7MAED 6,700,000 · Aug 2012August 2012 | ||
| 5402 | 1-bed | 738 sqft | AED 1.65MAED 1,648,888 · Apr 2013April 2013 | ||
| 5403 | 1-bed | 971 sqft | AED 4.43MAED 4,433,888 · Apr 2014April 2014 | ||
| 5404 | 1-bed | 738 sqft | AED 3.45MAED 3,450,000 · Jun 2017June 2017 | ||
| 5405 | 2-bed | 1,870 sqft | AED 11.7MAED 11,700,000 · Dec 2014December 2014 | ||
| 5406 | 1-bed | 959 sqft | AED 2.6MAED 2,600,000 · Sep 2026September 2026 | ||
| 5407 | 1-bed | 741 sqft | AED 2.6MAED 2,600,000 · Mar 2024March 2024 | ||
| 5409 | 1-bed | 823 sqft | AED 1.72MAED 1,720,000 · Mar 2021March 2021 | ||
| 5410 | 1-bed | 741 sqft | AED 1.24MAED 1,240,888 · Aug 2011August 2011 | ||
| 5411 | 1-bed | 959 sqft | AED 2.3MAED 2,300,000 · Oct 2023October 2023 | 100,000 /yr |
5408, The Address Downtown Hotel in numbers
- Sold once: by the developer on 18 July 2011 for AED 1,270,888, or AED 1,544 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 July 2011.
Questions about 5408, The Address Downtown Hotel
What did unit 5408 last sell for?
AED 1,270,888 on 18 July 2011, sold by the developer: AED 1,544 per sqft for 823 sqft. It is the only registered sale of the unit.
How big is unit 5408?
823 sqft (76.5 sqm): a one-bedroom hotel apartment on the 54th floor of a 60-storey tower.
What is unit 5408 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 5408, The Address Downtown Hotel
Starts from the last sale price (AED 1.27M, 18 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,888
- Deposit, UAE resident (20%)
- AED 254,178
- Deposit, non-resident (40%)
- AED 508,355
- Monthly over 25 years at 3.7%
- AED 5,200
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →