1-bed · 880 sqftThe Address Downtown Hotel, Downtown Dubai · 34th floor

3402, The Address Downtown Hotel

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

Unit 3402 · DLD and Ejari recordsUpdated 2 June 2015
Last soldAED 4.05M2 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, The Address Downtown Hotel

What is 3402 worth today?

Last sold for AED 4,050,000 in 2015

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2 Jun 2015SoldReady
AED 4,050,000AED 4,602 per sqft
20 Aug 2009Sold by developerReady
AED 776,444AED 882 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 June 2015.

Key facts

Type
1-bed hotel apartment
Size
880 sqft
Floor
34th of 60
Parking
P2-36
Last sold
AED 4.05M · June 2015

About 3402, The Address Downtown Hotel

3402 is a one-bedroom hotel apartment of 880 sqft on the 34th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 2 June 2015 for AED 4,050,000, or AED 4,602 per sqft, 9% above the AED 4,208 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, August 2009: AED 776,444 (AED 882 per sqft)Sold, June 2015: AED 4,050,000 (AED 4,602 per sqft)

3402 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 3402 sits

All 321 1-beds →

3402 last sold in June 2015 at AED 4,602 per sqft, 9% above what one-beds in The Address Downtown Hotel were fetching at the time (AED 4,208). 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 34th floor

All 624 units in The Address Downtown Hotel
Value
34012-bedAED 8.5M · Sep 2024
34031-bedAED 5.15M · Jan 2014
34042-bedAED 9.5M · May 2025
34052-bedAED 5.4M · Nov 2011
34061-bedAED 3.6M · Jun 2017
34071-bedAED 4.95M · Sep 2024
34082-bedAED 12.8M · May 2025
1–7 of 15

3402, The Address Downtown Hotel in numbers

  • Sold twice: first on 20 August 2009 for AED 776,444, last on 2 June 2015 for AED 4,050,000 (AED 4,602 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 2 June 2015.

Questions about 3402, The Address Downtown Hotel

What did unit 3402 last sell for?

AED 4,050,000 on 2 June 2015: AED 4,602 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 776,444 in August 2009.

How big is unit 3402?

880 sqft (81.8 sqm): a one-bedroom hotel apartment on the 34th floor of a 60-storey tower.

What is unit 3402 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 3402, The Address Downtown Hotel

Starts from the last sale price (AED 4.05M, 2 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

Plus AED 175,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →