1005, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, The Address Residence Sky View 1
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,428 sqft
- Floor
- 10th of 58
- Parking
- B2-141, B2-140
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.11M · February 2014
- Building
- The Address Residence Sky View 1
About 1005, The Address Residence Sky View 1
1005 is a three-bedroom hotel apartment of 2,428 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 16 February 2014 for AED 6,107,077, or AED 2,515 per sqft, in line with the AED 2,561 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 July 2025, is AED 470,000 a year: a gross yield of 7.7% on the 2014 price.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Address Residence Sky View 1, and where 1005 sits
All 121 3-beds →1005 last sold in February 2014 at AED 2,515 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,561). Over the last 12 months three-beds sold for AED 6,000,000 to 12,800,000, around AED 4,257 per sqft, and rent for AED 300,000 to 655,000 a year. 1005's AED 470,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 2,020 sqft | 8,200,000 | 4,059 | ||
| 4 May 20264 May 2026 | 2,020 sqft | 6,500,000 | 3,218 | ||
| 18 Mar 202618 March 2026 | 2,134 sqft | 6,000,000 | 2,811 | ||
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 |
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 | ||
| 1004 | 2-bed | 1,699 sqft | AED 4.33MAED 4,333,233 · Aug 2014August 2014 | 400,000 /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 |
1005, The Address Residence Sky View 1 in numbers
- Sold twice: first on 28 November 2013 for AED 5,551,888, last on 16 February 2014 for AED 6,107,077 (AED 2,515 per sqft).
- Rented since September 2020 on 7 Ejari contracts, from AED 330,000 to AED 470,000 a year.
- At AED 470,000 a year the gross yield on the 2014 price is 7.7%.
- Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000–12,800,000 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 July 2025.
Questions about 1005, The Address Residence Sky View 1
What did unit 1005 last sell for?
AED 6,107,077 on 16 February 2014: AED 2,515 per sqft for 2,428 sqft. The unit has 2 registered sales; the first was AED 5,551,888 in November 2013.
What is the rent for unit 1005?
AED 470,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 470,000; the unit has been rented since September 2020.
How big is unit 1005?
2,428 sqft (225.6 sqm): a three-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000 to 12,800,000 in the last 12 months, around AED 4,257 per sqft.
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Mortgage on 1005, The Address Residence Sky View 1
Starts from the last sale price (AED 6.11M, 16 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 6,107,077
- Deposit, UAE resident (20%)
- AED 1,221,415
- Deposit, non-resident (40%)
- AED 2,442,831
- Monthly over 25 years at 3.7%
- AED 24,986
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →