4-bed · 4,623 sqftThe Address Downtown Hotel, Downtown Dubai · 57th floor

5701, The Address Downtown Hotel

Sold prices and rental history: sold 5 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 10.24M29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, The Address Downtown Hotel

What is 5701 worth today?

Last sold for AED 10,240,000 in 2024

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29 May 2024SoldReady
AED 10,240,000AED 2,215 per sqft
5 Feb 2013SoldReady
AED 17,750,000AED 3,839 per sqft
28 Nov 2012SoldReady
AED 13,700,000AED 2,963 per sqft
18 Oct 2009Sold by developerReady
AED 5,856,888AED 1,266 per sqft
18 Oct 2009SoldReady
AED 5,856,889AED 1,266 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
4-bed hotel apartment
Size
4,623 sqft
Floor
57th of 60
Parking
P3-92 P3-93
Last sold
AED 10.24M · May 2024

About 5701, The Address Downtown Hotel

5701 is a four-bedroom hotel apartment of 4,623 sqft on the 57th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 29 May 2024 for AED 10,240,000, or AED 2,215 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5701 over time

Sales
Unit 5701, each saleTypical four-bed in The Address Downtown Hotel
10M2009201320172021Typical sale price by year: 2009 AED 5,821,888; 2011 AED 14,200,000; 2012 AED 9,810,944Sold by developer, October 2009: AED 5,856,888 (AED 1,266 per sqft)Sold, October 2009: AED 5,856,889 (AED 1,266 per sqft)Sold, November 2012: AED 13,700,000 (AED 2,963 per sqft)Sold, February 2013: AED 17,750,000 (AED 3,839 per sqft)Sold, May 2024: AED 10,240,000 (AED 2,215 per sqft)

5701 has sold 5 times; the dashed line is the four-bed median of each year in the building.

4-beds in The Address Downtown Hotel, and where 5701 sits

All 8 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
24 May 202425,620,000
7 Apr 202310,000,000
28 Nov 202222,800,000
26 Apr 202117,300,000
0 4-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 57th floor

All 625 units in The Address Downtown Hotel
Value
57023-bedAED 26M · Mar 2023
57034-bedAED 17.3M · Apr 2021

5701, The Address Downtown Hotel in numbers

  • Sold 5 times: first on 18 October 2009 for AED 5,856,889, last on 29 May 2024 for AED 10,240,000 (AED 2,215 per sqft).

Source: Dubai Land Department. Updated 29 May 2024.

Questions about 5701, The Address Downtown Hotel

What did unit 5701 last sell for?

AED 10,240,000 on 29 May 2024: AED 2,215 per sqft for 4,623 sqft. The unit has 5 registered sales; the first was AED 5,856,889 in October 2009.

How big is unit 5701?

4,623 sqft (429.5 sqm): a four-bedroom hotel apartment on the 57th floor of a 60-storey tower.

What is unit 5701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5701, The Address Downtown Hotel

Starts from the last sale price (AED 10.24M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,240,000
Deposit, UAE resident (20%)
AED 2,048,000
Deposit, non-resident (40%)
AED 4,096,000
Monthly over 25 years at 3.7%
AED 41,895

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