1-bed · 823 sqftThe Address Downtown Hotel, Downtown Dubai · 55th floor

5509, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in December 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5509 · DLD and Ejari recordsUpdated 7 December 2014
Last soldAED 1.99M7 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5509, The Address Downtown Hotel

What is 5509 worth today?

Last sold for AED 1,987,500 in 2014

Unlock today's estimate, updated daily, with

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

7 Dec 2014SoldReady
AED 1,987,500AED 2,414 per sqft
2 Oct 2012SoldReady
AED 2,880,000AED 3,499 per sqft
21 Jul 2010Sold by developerReady
AED 637,944AED 775 per sqft

Source: Dubai Land Department. Updated 7 December 2014.

Key facts

Type
1-bed hotel apartment
Size
823 sqft
Floor
55th of 60
Parking
P3-134
Last sold
AED 1.99M · December 2014

About 5509, The Address Downtown Hotel

5509 is a one-bedroom hotel apartment of 823 sqft on the 55th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 7 December 2014 for AED 1,987,500, or AED 2,414 per sqft, 45% below the AED 4,390 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5509 over time

Sales
Unit 5509, 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, July 2010: AED 637,944 (AED 775 per sqft)Sold, October 2012: AED 2,880,000 (AED 3,499 per sqft)Sold, December 2014: AED 1,987,500 (AED 2,414 per sqft)

5509 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 5509 sits

All 335 1-beds →

5509 last sold in December 2014 at AED 2,414 per sqft, 45% below what one-beds in The Address Downtown Hotel were fetching at the time (AED 4,390). 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
55031-bedAED 3.7M · Apr 2022
55041-bedAED 3.1M · Mar 2023
55052-bedAED 5M · Jul 2009
55061-bedAED 1.51M · Mar 2020
55071-bedAED 1.25M · May 2020
1–7 of 10

5509, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 21 July 2010 for AED 637,944, last on 7 December 2014 for AED 1,987,500 (AED 2,414 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 7 December 2014.

Questions about 5509, The Address Downtown Hotel

What did unit 5509 last sell for?

AED 1,987,500 on 7 December 2014: AED 2,414 per sqft for 823 sqft. The unit has 3 registered sales; the first was AED 637,944 in July 2010.

How big is unit 5509?

823 sqft (76.5 sqm): a one-bedroom hotel apartment on the 55th floor of a 60-storey tower.

What is unit 5509 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 5509? 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 5509, The Address Downtown Hotel

Starts from the last sale price (AED 1.99M, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,987,500
Deposit, UAE resident (20%)
AED 397,500
Deposit, non-resident (40%)
AED 795,000
Monthly over 25 years at 3.7%
AED 8,131

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