1402, The Address Downtown Hotel
Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, The Address Downtown Hotel
What is 1402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 2,324 sqft
- Floor
- 14th of 60
- Parking
- P2-212
- Last sold
- AED 8M · September 2022
- Building
- The Address Downtown Hotel
About 1402, The Address Downtown Hotel
1402 is a two-bedroom hotel apartment of 2,324 sqft on the 14th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 26 September 2022 for AED 8,000,000, or AED 3,442 per sqft, 18% below the AED 4,214 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1402 over time
1402 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Downtown Hotel, and where 1402 sits
All 136 2-beds →1402 last sold in September 2022 at AED 3,442 per sqft, 18% below what two-beds in The Address Downtown Hotel were fetching at the time (AED 4,214). Over the last 12 months two-beds sold for AED 8,700,000 to 11,300,000, around AED 5,918 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 1,848 sqft | 11,300,000 | 6,114 | ||
| 29 Jan 202629 January 2026 | 1,732 sqft | 10,000,000 | 5,773 | ||
| 6 Jan 20266 January 2026 | 1,848 sqft | 8,700,000 | 4,707 | ||
| 22 Jul 202522 July 2025 | 1,848 sqft | 8,500,000 | 4,599 |
The Address Downtown Hotel
Building624 apartments, studios to 4-bed over 60 floors in Downtown Dubai. 20 sold in the last 12 months.
- Typical price per sqft
- AED 4,725 Up 7.8%
- Typical sale
- AED 3.84M
- Typical rent
- Few contracts
- Typical yield
Other units on the 14th floor
All 624 units in The Address Downtown Hotel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 4,779 sqft | AED 17MAED 17,000,000 · Sep 2022September 2022 |
1402, The Address Downtown Hotel in numbers
- Sold twice: first on 19 May 2014 for AED 7,606,888, last on 26 September 2022 for AED 8,000,000 (AED 3,442 per sqft).
- Two-beds in The Address Downtown Hotel sold for AED 8,700,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 4,725 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2022.
Questions about 1402, The Address Downtown Hotel
What did unit 1402 last sell for?
AED 8,000,000 on 26 September 2022: AED 3,442 per sqft for 2,324 sqft. The unit has 2 registered sales; the first was AED 7,606,888 in May 2014.
How big is unit 1402?
2,324 sqft (215.9 sqm): a two-bedroom hotel apartment on the 14th floor of a 60-storey tower.
What is unit 1402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Downtown Hotel sold for AED 8,700,000 to 11,300,000 in the last 12 months, around AED 5,918 per sqft.
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Mortgage on 1402, The Address Downtown Hotel
Starts from the last sale price (AED 8M, 26 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus AED 341,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →