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1-bed · 823 sqftThe Address Downtown Hotel, Downtown Dubai · 49th floor

4908, The Address Downtown Hotel

Sold prices and rental history: sold twice, last in April 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4908 · DLD and Ejari recordsUpdated 30 April 2012
Last soldAED 1.73M30 April 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4908, The Address Downtown Hotel

What is 4908 worth today?

Last sold for AED 1,725,000 in 2012

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30 Apr 2012SoldReady
AED 1,725,000AED 2,095 per sqft
19 Apr 2010Sold by developerReady
AED 1,245,888AED 1,513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2012.

Key facts

Type
1-bed hotel apartment
Size
823 sqft
Floor
49th of 60
Parking
P3-140
Last sold
AED 1.73M · April 2012
Building
The Address Downtown Hotel

About 4908, The Address Downtown Hotel

4908 is a one-bedroom hotel apartment of 823 sqft on the 49th floor of The Address Downtown Hotel, a 60-storey tower in Downtown Dubai. It last sold on 30 April 2012 for AED 1,725,000, or AED 2,095 per sqft, in line with the AED 2,084 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4908 over time

Sales
Unit 4908, 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 1,245,888 (AED 1,513 per sqft)Sold, April 2012: AED 1,725,000 (AED 2,095 per sqft)

4908 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 4908 sits

All 321 1-beds →

4908 last sold in April 2012 at AED 2,095 per sqft, in line with what one-beds in The Address Downtown Hotel were fetching at the time (AED 2,084). 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 49th floor

All 624 units in The Address Downtown Hotel
Value
49012-bedAED 5.71M · Apr 2011
49021-bedAED 3.4M · Aug 2024
49031-bedAED 4.5M · Jun 2013
49041-bedAED 3M · Jul 2024
49052-bedAED 8M · Nov 2022
49061-bedAED 3.38M · Oct 2015
49071-bedAED 1.22M · Apr 2010
1–7 of 10

4908, The Address Downtown Hotel in numbers

  • Sold twice: first on 19 April 2010 for AED 1,245,888, last on 30 April 2012 for AED 1,725,000 (AED 2,095 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 April 2012.

Questions about 4908, The Address Downtown Hotel

What did unit 4908 last sell for?

AED 1,725,000 on 30 April 2012: AED 2,095 per sqft for 823 sqft. The unit has 2 registered sales; the first was AED 1,245,888 in April 2010.

How big is unit 4908?

823 sqft (76.5 sqm): a one-bedroom hotel apartment on the 49th floor of a 60-storey tower.

What is unit 4908 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 4908, The Address Downtown Hotel

Starts from the last sale price (AED 1.73M, 30 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

Plus AED 77,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →