2-bed · 1,848 sqftThe Address Downtown Hotel, Downtown Dubai · 29th floor

2901, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in May 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 2 May 2011
Last soldAED 4.35M2 May 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, The Address Downtown Hotel

What is 2901 worth today?

Last sold for AED 4,350,000 in 2011

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2 May 2011Sold by developerReady
AED 4,350,000AED 2,353 per sqft
2 May 2011SoldReady
AED 2,544,888AED 1,377 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2011.

Key facts

Type
2-bed hotel apartment
Size
1,848 sqft
Floor
29th of 60
Parking
P2-196
Last sold
AED 4.35M · May 2011

About 2901, The Address Downtown Hotel

2901 is a two-bedroom hotel apartment of 1,848 sqft on the 29th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. The developer sold it on 2 May 2011 for AED 4,350,000, or AED 2,353 per sqft, in line with the AED 2,353 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical two-bed in The Address Downtown Hotel
5M10M2009201420192024Typical sale price by year: 2009 AED 3,795,888; 2010 AED 3,371,388; 2011 AED 4,750,000; 2012 AED 5,835,000; 2013 AED 8,100,000; 2014 AED 10,900,000; 2015 AED 7,394,944; 2016 AED 5,291,944; 2017 AED 7,500,000; 2019 AED 6,467,825; 2020 AED 6,000,000; 2021 AED 6,790,000; 2022 AED 7,500,000; 2023 AED 8,600,000; 2024 AED 9,300,000; 2025 AED 10,000,000; 2026 AED 10,000,000Sold by developer, May 2011: AED 4,350,000 (AED 2,353 per sqft)Sold, May 2011: AED 2,544,888 (AED 1,377 per sqft)

2901 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 2901 sits

All 136 2-beds →

2901 last sold in May 2011 at AED 2,353 per sqft, in line with what two-beds in The Address Downtown Hotel were fetching at the time (AED 2,353). 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 salesUnit no.Price (AED)Summary
29 Jan 202611,300,000
29 Jan 202610,000,000
6 Jan 20268,700,000
22 Jul 20258,500,000
4 2-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 29th floor

All 624 units in The Address Downtown Hotel
Value
29021-bedAED 1.51M · Aug 2010
29031-bedAED 1.85M · Nov 2019
2904AED 8.6M · Aug 2025
29052-bedAED 7.65M · Feb 2013
29061-bedAED 3.45M · Oct 2012
29071-bedAED 4.95M · Apr 2025
2908AED 10.6M · Nov 2025
1–7 of 15

2901, The Address Downtown Hotel in numbers

  • Sold twice: first on 2 May 2011 for AED 2,544,888, last on 2 May 2011 for AED 4,350,000 (AED 2,353 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 2 May 2011.

Questions about 2901, The Address Downtown Hotel

What did unit 2901 last sell for?

AED 4,350,000 on 2 May 2011, sold by the developer: AED 2,353 per sqft for 1,848 sqft. The unit has 2 registered sales; the first was AED 2,544,888 in May 2011.

How big is unit 2901?

1,848 sqft (171.7 sqm): a two-bedroom hotel apartment on the 29th floor of a 60-storey tower.

What is unit 2901 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 2901, The Address Downtown Hotel

Starts from the last sale price (AED 4.35M, 2 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

Plus AED 187,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →