3-bed · 2,752 sqftThe Address Downtown Hotel, Downtown Dubai · 59th floor

5902, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in August 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5902 · DLD and Ejari recordsUpdated 19 August 2015
Last soldAED 17.2M19 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5902, The Address Downtown Hotel

What is 5902 worth today?

Last sold for AED 17,200,000 in 2015

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19 Aug 2015SoldReady
AED 17,200,000AED 6,249 per sqft
25 Feb 2014Sold by developerReady
AED 14,474,888AED 5,259 per sqft

Source: Dubai Land Department. Updated 19 August 2015.

Key facts

Type
3-bed hotel apartment
Size
2,752 sqft
Floor
59th of 60
Parking
P2-47 P2-48
Last sold
AED 17.2M · August 2015

About 5902, The Address Downtown Hotel

5902 is a three-bedroom hotel apartment of 2,752 sqft on the 59th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 19 August 2015 for AED 17,200,000, or AED 6,249 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in The Address Downtown Hotel, and where 5902 sits

All 2 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
16 Mar 202326,000,000
26 Feb 201213,000,000
21 Feb 20125,926,888
0 3-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
59014-bedAED 22.8M · Nov 2022
59034-bedAED 10M · Apr 2023

5902, The Address Downtown Hotel in numbers

  • Sold twice: first on 25 February 2014 for AED 14,474,888, last on 19 August 2015 for AED 17,200,000 (AED 6,249 per sqft).

Source: Dubai Land Department. Updated 19 August 2015.

Questions about 5902, The Address Downtown Hotel

What did unit 5902 last sell for?

AED 17,200,000 on 19 August 2015: AED 6,249 per sqft for 2,752 sqft. The unit has 2 registered sales; the first was AED 14,474,888 in February 2014.

How big is unit 5902?

2,752 sqft (255.7 sqm): a three-bedroom hotel apartment on the 59th floor of a 60-storey tower.

What is unit 5902 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 5902, The Address Downtown Hotel

Starts from the last sale price (AED 17.2M, 19 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 17,200,000
Deposit, UAE resident (20%)
AED 3,440,000
Deposit, non-resident (40%)
AED 6,880,000
Monthly over 25 years at 3.7%
AED 70,371

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