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Downtown Dubai

The Address Downtown Hotel (Lake Hotel)

1 BR · Apartment · 2 bathrooms

Price history

Listed since 5 March 2026. The price has been cut 2 times — dates and figures from the listing itself.

  1. 24 March 2026 AED 3,300,000
  2. 24 August 2026 AED 3,199,950 -3%
  3. 25 August 2026 AED 3,300,000 + 3%
  4. 26 August 2026 AED 3,199,950 -3%

Median across 20 comparable listings in this location — AED 2,409/sqft per the drops source; this lot — AED 4,324/sqft.

Where it is

Downtown Dubai

The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.

  • short-let income
  • a landmark address
  • fast resale

What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.

Full district guide →

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