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1-bed · 971 sqftThe Address Downtown Hotel, Downtown Dubai · 55th floor

5503, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5503 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 3.7M25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5503, The Address Downtown Hotel

What is 5503 worth today?

Last sold for AED 3,700,000 in 2022

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25 Apr 2022SoldReady
AED 3,700,000AED 3,810 per sqft
30 Dec 2010Sold by developerReady
AED 1,790,888AED 1,844 per sqft
30 Dec 2010SoldReady
AED 2,600,000AED 2,677 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
1-bed hotel apartment
Size
971 sqft
Floor
55th of 60
Parking
P3-88
Last sold
AED 3.7M · April 2022
Building
The Address Downtown Hotel

About 5503, The Address Downtown Hotel

5503 is a one-bedroom hotel apartment of 971 sqft on the 55th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 25 April 2022 for AED 3,700,000, or AED 3,810 per sqft, 64% above the AED 2,329 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5503 over time

Sales
Unit 5503, 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, December 2010: AED 1,790,888 (AED 1,844 per sqft)Sold, December 2010: AED 2,600,000 (AED 2,677 per sqft)Sold, April 2022: AED 3,700,000 (AED 3,810 per sqft)

5503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 5503 sits

All 335 1-beds →

5503 last sold in April 2022 at AED 3,810 per sqft, 64% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,329). 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 55th floor

All 625 units in The Address Downtown Hotel
Value
55012-bedAED 4.8M · Mar 2011
55021-bedAED 1.66M · May 2013
55041-bedAED 3.1M · Mar 2023
55052-bedAED 5M · Jul 2009
55061-bedAED 1.51M · Mar 2020
55071-bedAED 1.25M · May 2020
55081-bedAED 2.5M · Aug 2017
1–7 of 10

5503, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 30 December 2010 for AED 2,600,000, last on 25 April 2022 for AED 3,700,000 (AED 3,810 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 25 April 2022.

Questions about 5503, The Address Downtown Hotel

What did unit 5503 last sell for?

AED 3,700,000 on 25 April 2022: AED 3,810 per sqft for 971 sqft. The unit has 3 registered sales; the first was AED 2,600,000 in December 2010.

How big is unit 5503?

971 sqft (90.2 sqm): a one-bedroom hotel apartment on the 55th floor of a 60-storey tower.

What is unit 5503 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 5503, The Address Downtown Hotel

Starts from the last sale price (AED 3.7M, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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