Home
Dubai prices
About
Research
2-bed · 1,870 sqftThe Address Downtown Hotel, Downtown Dubai · 55th floor

5505, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in July 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5505 · DLD and Ejari recordsUpdated 2 July 2009
Last soldAED 3.46M2 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 5505

Property timeline for 5505, The Address Downtown Hotel

What is 5505 worth today?

Last sold for AED 3,461,888 in 2009

Unlock today's estimate, updated daily, with

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

2 Jul 2009Sold by developerReady
AED 3,461,888AED 1,851 per sqft
2 Jul 2009SoldReady
AED 5,000,000AED 2,673 per sqft

Source: Dubai Land Department. Updated 2 July 2009.

Key facts

Type
2-bed hotel apartment
Size
1,870 sqft
Floor
55th of 60
Parking
P1-208 P1-209
Last sold
AED 3.46M · July 2009
Building
The Address Downtown Hotel

About 5505, The Address Downtown Hotel

5505 is a two-bedroom hotel apartment of 1,870 sqft on the 55th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 2 July 2009 for AED 3,461,888, or AED 1,851 per sqft, 12% below the AED 2,103 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5505 over time

Sales
Unit 5505, each saleTypical two-bed in The Address Downtown Hotel
5M10M2009201420192024Typical 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, July 2009: AED 3,461,888 (AED 1,851 per sqft)Sold, July 2009: AED 5,000,000 (AED 2,673 per sqft)

5505 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 5505 sits

All 149 2-beds →

5505 last sold in July 2009 at AED 1,851 per sqft, 12% below what two-beds in The Address Downtown Hotel were fetching at the time (AED 2,103). 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 55th floor

All 625 units in The Address Downtown Hotel
Value
55012-bedAED 4.8M · Mar 2011
55021-bedAED 1.66M · May 2013
55031-bedAED 3.7M · Apr 2022
55041-bedAED 3.1M · Mar 2023
55061-bedAED 1.51M · Mar 2020
55071-bedAED 1.25M · May 2020
55081-bedAED 2.5M · Aug 2017
1–7 of 10

5505, The Address Downtown Hotel in numbers

  • Sold twice: first on 2 July 2009 for AED 5,000,000, last on 2 July 2009 for AED 3,461,888 (AED 1,851 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 2 July 2009.

Questions about 5505, The Address Downtown Hotel

What did unit 5505 last sell for?

AED 3,461,888 on 2 July 2009, sold by the developer: AED 1,851 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 5,000,000 in July 2009.

How big is unit 5505?

1,870 sqft (173.7 sqm): a two-bedroom hotel apartment on the 55th floor of a 60-storey tower.

What is unit 5505 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.

Selling 5505? 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 5505, The Address Downtown Hotel

Starts from the last sale price (AED 3.46M, 2 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,461,888
Deposit, UAE resident (20%)
AED 692,378
Deposit, non-resident (40%)
AED 1,384,755
Monthly over 25 years at 3.7%
AED 14,164

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