1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 16th floor

1607, The Address Downtown Hotel

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

Unit 1607 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 3.7M30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, The Address Downtown Hotel

What is 1607 worth today?

Last sold for AED 3,700,000 in 2022

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30 Jun 2022SoldReady
AED 3,700,000AED 4,204 per sqft
22 Apr 2010Sold by developerReady
AED 4,235,888AED 4,813 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 June 2022.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
16th of 60
Parking
P3-40
Last sold
AED 3.7M · June 2022

About 1607, The Address Downtown Hotel

1607 is a one-bedroom hotel apartment of 880 sqft on the 16th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 30 June 2022 for AED 3,700,000, or AED 4,204 per sqft, 77% above the AED 2,373 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in The Address Downtown Hotel
2M4M2009201420192024Typical sale price by year: 2009 AED 1,575,000; 2010 AED 1,498,888; 2011 AED 1,686,444; 2012 AED 2,050,000; 2013 AED 3,375,000; 2014 AED 3,613,440; 2015 AED 3,250,000; 2016 AED 2,300,000; 2017 AED 3,150,000; 2018 AED 2,325,000; 2019 AED 1,800,000; 2020 AED 1,500,000; 2021 AED 1,965,000; 2022 AED 2,307,658; 2023 AED 2,840,675; 2024 AED 3,098,750; 2025 AED 3,500,000; 2026 AED 3,425,000Sold by developer, April 2010: AED 4,235,888 (AED 4,813 per sqft)Sold, June 2022: AED 3,700,000 (AED 4,204 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 1607 sits

All 321 1-beds →

1607 last sold in June 2022 at AED 4,204 per sqft, 77% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,373). Over the last 12 months one-beds sold for AED 3,000,000 to 5,500,000, around AED 4,742 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20263,300,000
2 Feb 20263,500,000
30 Jan 20265,500,000
28 Jan 20263,900,000
12 1-bed sales in the last 12 months

The Address Downtown Hotel

Building

624 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
The Address Downtown Hotel, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 624 units in The Address Downtown Hotel
Value
16012-bedAED 8.7M · Jan 2026
16021-bedAED 4M · May 2024
16031-bedAED 3M · Apr 2017
16052-bedAED 5.1M · Aug 2011
16061-bedAED 2M · May 2009
16082-bedAED 10.03M · Apr 2010
16091-bedAED 2.3M · Mar 2017
1–7 of 14

1607, The Address Downtown Hotel in numbers

  • Sold twice: first on 22 April 2010 for AED 4,235,888, last on 30 June 2022 for AED 3,700,000 (AED 4,204 per sqft).
  • One-beds in The Address Downtown Hotel sold for AED 3,000,000–5,500,000 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 30 June 2022.

Questions about 1607, The Address Downtown Hotel

What did unit 1607 last sell for?

AED 3,700,000 on 30 June 2022: AED 4,204 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 4,235,888 in April 2010.

How big is unit 1607?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 16th floor of a 60-storey tower.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Downtown Hotel sold for AED 3,000,000 to 5,500,000 in the last 12 months, around AED 4,742 per sqft.

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Mortgage on 1607, The Address Downtown Hotel

Starts from the last sale price (AED 3.7M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

Plus AED 160,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →