1-bed · 935 sqftThe Address Downtown Hotel, Downtown Dubai · 27th floor

2709, The Address Downtown Hotel

Sold prices and rental history: sold 3 times, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2709 · DLD and Ejari recordsUpdated 19 July 2022
Last soldAED 2.3M19 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, The Address Downtown Hotel

What is 2709 worth today?

Last sold for AED 2,300,000 in 2022

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19 Jul 2022SoldReady
AED 2,300,000AED 2,460 per sqft
21 Mar 2022SoldReady
AED 1,755,000AED 1,877 per sqft
23 Mar 2014Sold by developerReady
AED 1,191,888AED 1,274 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2022.

Key facts

Type
1-bed hotel apartment
Size
935 sqft
Floor
27th of 60
Parking
P2-1
Last sold
AED 2.3M · July 2022

About 2709, The Address Downtown Hotel

2709 is a one-bedroom hotel apartment of 935 sqft on the 27th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 19 July 2022 for AED 2,300,000, or AED 2,460 per sqft, in line with the AED 2,460 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2709 over time

Sales
Unit 2709, 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, March 2014: AED 1,191,888 (AED 1,274 per sqft)Sold, March 2022: AED 1,755,000 (AED 1,877 per sqft)Sold, July 2022: AED 2,300,000 (AED 2,460 per sqft)

2709 has sold 3 times; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Downtown Hotel, and where 2709 sits

All 321 1-beds →

2709 last sold in July 2022 at AED 2,460 per sqft, in line with what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,460). 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 27th floor

All 624 units in The Address Downtown Hotel
Value
27012-bedAED 2.52M · Mar 2010
27021-bedAED 3.7M · Jul 2022
27031-bedAED 1.46M · Feb 2010
27042-bedAED 10M · Jan 2026
27052-bedAED 5.6M · Feb 2012
27061-bedAED 2.1M · Feb 2010
27071-bedAED 5M · Jul 2014
1–7 of 15

2709, The Address Downtown Hotel in numbers

  • Sold 3 times: first on 23 March 2014 for AED 1,191,888, last on 19 July 2022 for AED 2,300,000 (AED 2,460 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 19 July 2022.

Questions about 2709, The Address Downtown Hotel

What did unit 2709 last sell for?

AED 2,300,000 on 19 July 2022: AED 2,460 per sqft for 935 sqft. The unit has 3 registered sales; the first was AED 1,191,888 in March 2014.

How big is unit 2709?

935 sqft (86.9 sqm): a one-bedroom hotel apartment on the 27th floor of a 60-storey tower.

What is unit 2709 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 2709, The Address Downtown Hotel

Starts from the last sale price (AED 2.3M, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →