1-bed · 959 sqftThe Address Downtown Hotel, Downtown Dubai · 54th floor

5411, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in October 2023, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5411 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 2.3M10 October 2023
Current rentAED 100K /yr5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5411, The Address Downtown Hotel

What is 5411 worth today?

Last sold for AED 2,300,000 in 2023

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10 Oct 2023SoldReady
AED 2,300,000AED 2,398 per sqft
5 May 2023RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
19 Jun 2011Sold by developerReady
AED 678,444AED 707 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed hotel apartment
Size
959 sqft
Floor
54th of 60
Parking
P1-42
Last sold
AED 2.3M · October 2023

About 5411, The Address Downtown Hotel

5411 is a one-bedroom hotel apartment of 959 sqft on the 54th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 10 October 2023 for AED 2,300,000, or AED 2,398 per sqft, 22% below the AED 3,074 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 May 2023. The current contract, signed on 5 May 2023, is AED 100,000 a year: a gross yield of 4.3% on the 2023 price.

Sales and rents for 5411 over time

Sales
Unit 5411, 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 by developer, June 2011: AED 678,444 (AED 707 per sqft)Sold, October 2023: AED 2,300,000 (AED 2,398 per sqft)

5411 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 5411 sits

All 335 1-beds →

5411 last sold in October 2023 at AED 2,398 per sqft, 22% below what one-beds in The Address Downtown Hotel were fetching at the time (AED 3,074). 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
54071-bedAED 2.6M · Mar 2024
1–7 of 10

5411, The Address Downtown Hotel in numbers

  • Sold twice: first on 19 June 2011 for AED 678,444, last on 10 October 2023 for AED 2,300,000 (AED 2,398 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.3%.
  • 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 10 October 2023.

Questions about 5411, The Address Downtown Hotel

What did unit 5411 last sell for?

AED 2,300,000 on 10 October 2023: AED 2,398 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 678,444 in June 2011.

What is the rent for unit 5411?

AED 100,000 a year on the contract signed on 5 May 2023.

How big is unit 5411?

959 sqft (89.1 sqm): a one-bedroom hotel apartment on the 54th floor of a 60-storey tower.

What is unit 5411 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 5411, The Address Downtown Hotel

Starts from the last sale price (AED 2.3M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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