2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 10th floor · completed 2019

1006, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 4.55M25 October 2022
Current rentAED 375K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, The Address Residence Sky View 1

What is 1006 worth today?

Last sold for AED 4,550,000 in 2022

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10 Aug 2026RentedNew contract
AED 375,000/yr14 months · AED 221 per sqft
18 Mar 2025RentedRenewal
AED 370,000/yr12 months · AED 219 per sqft
18 Mar 2025RentedRenewal
AED 370,000/yr12 months · AED 219 per sqft
18 Mar 2024RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
25 Oct 2022SoldReady
AED 4,550,000AED 2,677 per sqft
28 Aug 2014SoldOff-plan
AED 4,200,000AED 2,471 per sqft
28 Nov 2013Sold by developerOff-plan
AED 4,126,888AED 2,428 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
10th of 58
Parking
B3-386
Developer
Emaar
Completed
2019
Last sold
AED 4.55M · October 2022

About 1006, The Address Residence Sky View 1

1006 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 25 October 2022 for AED 4,550,000, or AED 2,677 per sqft, in line with the AED 2,663 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 10 August 2026, is AED 375,000 a year: a gross yield of 8.2% on the 2022 price.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, November 2013: AED 4,126,888 (AED 2,428 per sqft)Sold, August 2014: AED 4,200,000 (AED 2,471 per sqft)Sold, October 2022: AED 4,550,000 (AED 2,677 per sqft)

1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000New contract, March 2024: AED 400,000 a yearRenewal, March 2025: AED 370,000 a yearRenewal, March 2025: AED 370,000 a yearNew contract, August 2026: AED 375,000 a year

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 1006 sits

All 159 2-beds →

1006 last sold in October 2022 at AED 2,677 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,663). 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. 1006's AED 375,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-bed sales in the last 12 months

The Address Residence Sky View 1

Building

326 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%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
10013-bedAED 5.5M · Oct 2023
10032-bedAED 4.41M · Jun 2020
10042-bedAED 4.33M · Aug 2014
10053-bedAED 6.11M · Feb 2014
10072-bedAED 3.79M · Nov 2013
10081-bedAED 3.1M · Jun 2024
10091-bedAED 3.75M · Oct 2025

1006, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 28 November 2013 for AED 4,126,888, last on 25 October 2022 for AED 4,550,000 (AED 2,677 per sqft).
  • Rented since March 2024 on 4 Ejari contracts, from AED 400,000 to AED 375,000 a year.
  • At AED 375,000 a year the gross yield on the 2022 price is 8.2%.
  • 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 10 August 2026.

Questions about 1006, The Address Residence Sky View 1

What did unit 1006 last sell for?

AED 4,550,000 on 25 October 2022: AED 2,677 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,126,888 in November 2013.

What is the rent for unit 1006?

AED 375,000 a year on the contract signed on 10 August 2026. The previous contract, from March 2025, was AED 370,000; the unit has been rented since March 2024.

How big is unit 1006?

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 1006 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 1006, The Address Residence Sky View 1

Starts from the last sale price (AED 4.55M, 25 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →