1004, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in August 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, The Address Residence Sky View 1
What is 1004 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 10th of 58
- Parking
- B3-385
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.33M · August 2014
- Building
- The Address Residence Sky View 1
About 1004, The Address Residence Sky View 1
1004 is a two-bedroom hotel apartment of 1,699 sqft on the 10th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 21 August 2014 for AED 4,333,233, or AED 2,549 per sqft, in line with the AED 2,475 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 400,000 a year: a gross yield of 9.2% on the 2014 price.
Sales and rents for 1004 over time
1004 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residence Sky View 1, and where 1004 sits
All 159 2-beds →1004 last sold in August 2014 at AED 2,549 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,475). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year. 1004's AED 400,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
The Address Residence Sky View 1
Building326 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 30 sold in the last 12 months.
- Typical price per sqft
- AED 3,825 Level
- Typical sale
- AED 6.5M
- Typical rent
- AED 300K /yr
- Typical yield
- 5.4%
Other units on the 10th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,851 sqft | AED 5.5MAED 5,500,000 · Oct 2023October 2023 | 450,000 /yr | |
| 1003 | 2-bed | 1,519 sqft | AED 4.41MAED 4,406,888 · Jun 2020June 2020 | ||
| 1005 | 3-bed | 2,428 sqft | AED 6.11MAED 6,107,077 · Feb 2014February 2014 | 470,000 /yr | |
| 1006 | 2-bed | 1,699 sqft | AED 4.55MAED 4,550,000 · Oct 2022October 2022 | 375,000 /yr | |
| 1007 | 2-bed | 1,518 sqft | AED 3.79MAED 3,794,888 · Nov 2013November 2013 | 350,000 /yr | |
| 1008 | 1-bed | 872 sqft | AED 3.1MAED 3,100,000 · Jun 2024June 2024 | ||
| 1009 | 1-bed | 1,157 sqft | AED 3.75MAED 3,750,000 · Oct 2025October 2025 | 240,000 /yr |
1004, The Address Residence Sky View 1 in numbers
- Sold twice: first on 28 November 2013 for AED 4,126,888, last on 21 August 2014 for AED 4,333,233 (AED 2,549 per sqft).
- Rented since July 2020 on 2 Ejari contracts, from AED 150,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2014 price is 9.2%.
- Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 in the 12 months to November 2026; the building's median across all types is AED 3,825 per sqft.
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 1004, The Address Residence Sky View 1
What did unit 1004 last sell for?
AED 4,333,233 on 21 August 2014: AED 2,549 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,126,888 in November 2013.
What is the rent for unit 1004?
AED 400,000 a year on the contract signed on 1 May 2024. The previous contract, from July 2020, was AED 150,000.
How big is unit 1004?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.
What is unit 1004 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 Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.
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Mortgage on 1004, The Address Residence Sky View 1
Starts from the last sale price (AED 4.33M, 21 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,333,233
- Deposit, UAE resident (20%)
- AED 866,647
- Deposit, non-resident (40%)
- AED 1,733,293
- Monthly over 25 years at 3.7%
- AED 17,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →