4-bed · 3,738 sqftThe Address Downtown Hotel, Downtown Dubai · 59th floor

5901, The Address Downtown Hotel

Sold prices and rental history: sold 4 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5901 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 22.8M28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5901, The Address Downtown Hotel

What is 5901 worth today?

Last sold for AED 22,800,000 in 2022

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28 Nov 2022SoldReady
AED 22,800,000AED 6,099 per sqft
13 Jan 2019SoldReady
AED 9,349,948AED 2,501 per sqft
16 Dec 2012SoldReady
AED 21,286,000AED 5,694 per sqft
28 Jun 2009Sold by developerReady
AED 5,821,888AED 1,557 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
4-bed hotel apartment
Size
3,738 sqft
Floor
59th of 60
Parking
P3-174 P3-175
Last sold
AED 22.8M · November 2022

About 5901, The Address Downtown Hotel

5901 is a four-bedroom hotel apartment of 3,738 sqft on the 59th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 28 November 2022 for AED 22,800,000, or AED 6,099 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5901 over time

Sales
Unit 5901, 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, June 2009: AED 5,821,888 (AED 1,557 per sqft)Sold, December 2012: AED 21,286,000 (AED 5,694 per sqft)Sold, January 2019: AED 9,349,948 (AED 2,501 per sqft)Sold, November 2022: AED 22,800,000 (AED 6,099 per sqft)

5901 has sold 4 times; the dashed line is the four-bed median of each year in the building.

4-beds in The Address Downtown Hotel, and where 5901 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
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 59th floor

All 625 units in The Address Downtown Hotel
Value
59023-bedAED 17.2M · Aug 2015
59034-bedAED 10M · Apr 2023

5901, The Address Downtown Hotel in numbers

  • Sold 4 times: first on 28 June 2009 for AED 5,821,888, last on 28 November 2022 for AED 22,800,000 (AED 6,099 per sqft).

Source: Dubai Land Department. Updated 28 November 2022.

Questions about 5901, The Address Downtown Hotel

What did unit 5901 last sell for?

AED 22,800,000 on 28 November 2022: AED 6,099 per sqft for 3,738 sqft. The unit has 4 registered sales; the first was AED 5,821,888 in June 2009.

How big is unit 5901?

3,738 sqft (347.3 sqm): a four-bedroom hotel apartment on the 59th floor of a 60-storey tower.

What is unit 5901 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 5901, The Address Downtown Hotel

Starts from the last sale price (AED 22.8M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 22,800,000
Deposit, UAE resident (20%)
AED 4,560,000
Deposit, non-resident (40%)
AED 9,120,000
Monthly over 25 years at 3.7%
AED 93,282

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