4-bed · 3,738 sqftThe Address Downtown Hotel, Downtown Dubai · 58th floor

5801, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5801 · DLD and Ejari recordsUpdated 4 July 2011
Last soldAED 15M4 July 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5801, The Address Downtown Hotel

What is 5801 worth today?

Last sold for AED 15,000,000 in 2011

Unlock today's estimate, updated daily, with

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

4 Jul 2011SoldReady
AED 15,000,000AED 4,012 per sqft
27 Feb 2011Sold by developerReady
AED 5,796,888AED 1,550 per sqft

Source: Dubai Land Department. Updated 4 July 2011.

Key facts

Type
4-bed hotel apartment
Size
3,738 sqft
Floor
58th of 60
Parking
P3-86 P3-87
Last sold
AED 15M · July 2011

About 5801, The Address Downtown Hotel

5801 is a four-bedroom hotel apartment of 3,738 sqft on the 58th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 4 July 2011 for AED 15,000,000, or AED 4,012 per sqft, 4% above the AED 3,847 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5801 over time

Sales
Unit 5801, each saleTypical four-bed in The Address Downtown Hotel
5M10M15M20092010201120122013Typical sale price by year: 2009 AED 5,821,888; 2011 AED 14,200,000; 2012 AED 9,810,944Sold by developer, February 2011: AED 5,796,888 (AED 1,550 per sqft)Sold, July 2011: AED 15,000,000 (AED 4,012 per sqft)

5801 has sold twice; the dashed line is the four-bed median of each year in the building.

4-beds in The Address Downtown Hotel, and where 5801 sits

All 8 4-beds →

5801 last sold in July 2011 at AED 4,012 per sqft, 4% above what four-beds in The Address Downtown Hotel were fetching at the time (AED 3,847).

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 58th floor

All 625 units in The Address Downtown Hotel
Value
58034-bedAED 25.62M · May 2024

5801, The Address Downtown Hotel in numbers

  • Sold twice: first on 27 February 2011 for AED 5,796,888, last on 4 July 2011 for AED 15,000,000 (AED 4,012 per sqft).

Source: Dubai Land Department. Updated 4 July 2011.

Questions about 5801, The Address Downtown Hotel

What did unit 5801 last sell for?

AED 15,000,000 on 4 July 2011: AED 4,012 per sqft for 3,738 sqft. The unit has 2 registered sales; the first was AED 5,796,888 in February 2011.

How big is unit 5801?

3,738 sqft (347.3 sqm): a four-bedroom hotel apartment on the 58th floor of a 60-storey tower.

What is unit 5801 worth today?

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

Selling 5801? 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 5801, The Address Downtown Hotel

Starts from the last sale price (AED 15M, 4 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 15,000,000
Deposit, UAE resident (20%)
AED 3,000,000
Deposit, non-resident (40%)
AED 6,000,000
Monthly over 25 years at 3.7%
AED 61,370

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