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4-bed · 4,769 sqftThe Address Downtown Hotel, Downtown Dubai · 57th floor

5703, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5703 · DLD and Ejari recordsUpdated 26 April 2021
Last soldAED 17.3M26 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5703, The Address Downtown Hotel

What is 5703 worth today?

Last sold for AED 17,300,000 in 2021

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26 Apr 2021SoldReady
AED 17,300,000AED 3,627 per sqft
11 Aug 2016SoldReady
AED 25,250,000AED 5,294 per sqft
13 Mar 2012Sold by developerReady
AED 5,921,888AED 1,241 per sqft

Source: Dubai Land Department. Updated 26 April 2021.

Key facts

Type
4-bed hotel apartment
Size
4,769 sqft
Floor
57th of 60
Parking
P3-96 P3-97
Last sold
AED 17.3M · April 2021
Building
The Address Downtown Hotel

About 5703, The Address Downtown Hotel

5703 is a four-bedroom hotel apartment of 4,769 sqft on the 57th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 26 April 2021 for AED 17,300,000, or AED 3,627 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5703 over time

Sales
Unit 5703, each saleTypical four-bed in The Address Downtown Hotel
10M20M2009201320172021Typical sale price by year: 2009 AED 5,821,888; 2011 AED 14,200,000; 2012 AED 9,810,944Sold by developer, March 2012: AED 5,921,888 (AED 1,241 per sqft)Sold, August 2016: AED 25,250,000 (AED 5,294 per sqft)Sold, April 2021: AED 17,300,000 (AED 3,627 per sqft)

5703 has sold 3 times; the dashed line is the four-bed median of each year in the building.

4-beds in The Address Downtown Hotel, and where 5703 sits

All 8 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
29 May 202410,240,000
24 May 202425,620,000
7 Apr 202310,000,000
28 Nov 202222,800,000
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
57014-bedAED 10.24M · May 2024
57023-bedAED 26M · Mar 2023

5703, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 13 March 2012 for AED 5,921,888, last on 26 April 2021 for AED 17,300,000 (AED 3,627 per sqft).

Source: Dubai Land Department. Updated 26 April 2021.

Questions about 5703, The Address Downtown Hotel

What did unit 5703 last sell for?

AED 17,300,000 on 26 April 2021: AED 3,627 per sqft for 4,769 sqft. The unit has 3 registered sales; the first was AED 5,921,888 in March 2012.

How big is unit 5703?

4,769 sqft (443.1 sqm): a four-bedroom hotel apartment on the 57th floor of a 60-storey tower.

What is unit 5703 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 5703, The Address Downtown Hotel

Starts from the last sale price (AED 17.3M, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 17,300,000
Deposit, UAE resident (20%)
AED 3,460,000
Deposit, non-resident (40%)
AED 6,920,000
Monthly over 25 years at 3.7%
AED 70,780

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