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2-bed · 1,870 sqftThe Address Downtown Hotel, Downtown Dubai · 56th floor

5605, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5605 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 11M14 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5605, The Address Downtown Hotel

What is 5605 worth today?

Last sold for AED 11,000,000 in 2023

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14 Jun 2023SoldReady
AED 11,000,000AED 5,882 per sqft
12 Jan 2010SoldReady
AED 4,980,000AED 2,663 per sqft
26 Jul 2009Sold by developerReady
AED 3,473,888AED 1,857 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
2-bed hotel apartment
Size
1,870 sqft
Floor
56th of 60
Parking
P3-10 P3-11
Last sold
AED 11M · June 2023
Building
The Address Downtown Hotel

About 5605, The Address Downtown Hotel

5605 is a two-bedroom hotel apartment of 1,870 sqft on the 56th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 14 June 2023 for AED 11,000,000, or AED 5,882 per sqft, 24% above the AED 4,734 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5605 over time

Sales
Unit 5605, 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 3,473,888 (AED 1,857 per sqft)Sold, January 2010: AED 4,980,000 (AED 2,663 per sqft)Sold, June 2023: AED 11,000,000 (AED 5,882 per sqft)

5605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Downtown Hotel, and where 5605 sits

All 149 2-beds →

5605 last sold in June 2023 at AED 5,882 per sqft, 24% above what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,734). 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 56th floor

All 625 units in The Address Downtown Hotel
Value
56012-bedAED 5M · Feb 2011
56021-bedAED 3.6M · May 2025
56031-bedAED 6M · Jul 2026
56041-bedAED 89K · Jul 2026
56061-bedAED 2.21M · Oct 2021
56071-bedAED 2.43M · Jul 2013
56081-bedAED 3.2M · Oct 2023
1–7 of 10

5605, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 26 July 2009 for AED 3,473,888, last on 14 June 2023 for AED 11,000,000 (AED 5,882 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 14 June 2023.

Questions about 5605, The Address Downtown Hotel

What did unit 5605 last sell for?

AED 11,000,000 on 14 June 2023: AED 5,882 per sqft for 1,870 sqft. The unit has 3 registered sales; the first was AED 3,473,888 in July 2009.

How big is unit 5605?

1,870 sqft (173.7 sqm): a two-bedroom hotel apartment on the 56th floor of a 60-storey tower.

What is unit 5605 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.

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Mortgage on 5605, The Address Downtown Hotel

Starts from the last sale price (AED 11M, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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