1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 10th floor · completed 2019

1009, The Address Residence Sky View 1

Sold prices and rental history: sold 5 times, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 3.75M3 October 2025
Current rentAED 240K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, The Address Residence Sky View 1

What is 1009 worth today?

Last sold for AED 3,750,000 in 2025

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3 Oct 2025SoldReady
AED 3,750,000AED 3,241 per sqft
20 May 2024RentedRenewal
AED 240,000/yr12 months · AED 208 per sqft
20 May 2023RentedNew contract
AED 240,000/yr12 months · AED 208 per sqft
28 Apr 2023SoldReady
AED 1,462,500AED 1,264 per sqft
10 Mar 2022SoldReady
AED 2,600,000AED 2,247 per sqft
15 Mar 2021RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft
7 Dec 2020RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft
12 May 2020RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
10th of 58
Parking
B3-108
Developer
Emaar
Completed
2019
Last sold
AED 3.75M · October 2025

About 1009, The Address Residence Sky View 1

1009 is a one-bedroom hotel apartment of 1,157 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 3 October 2025 for AED 3,750,000, or AED 3,241 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 240,000 a year: a gross yield of 6.4% on the 2025 price.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical one-bed in The Address Residence Sky View 1
2M4M2013201720212025Typical sale price by year: 2013 AED 2,065,888; 2015 AED 2,859,888; 2020 AED 2,353,541; 2021 AED 1,920,000; 2022 AED 2,275,000; 2023 AED 2,400,000; 2024 AED 3,000,000; 2025 AED 3,830,000Sold by developer, January 2015: AED 2,866,888 (AED 2,478 per sqft)Sold, October 2018: AED 2,200,000 (AED 1,901 per sqft)Sold, March 2022: AED 2,600,000 (AED 2,247 per sqft)Sold, April 2023: AED 1,462,500 (AED 1,264 per sqft)Sold, October 2025: AED 3,750,000 (AED 3,241 per sqft)

1009 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in The Address Residence Sky View 1
200K2020202220242026Typical rent by year: 2020 AED 125,000; 2021 AED 140,000; 2022 AED 200,000; 2023 AED 197,500; 2024 AED 220,000; 2025 AED 237,840; 2026 AED 205,000New contract, May 2020: AED 125,000 a yearNew contract, December 2020: AED 125,000 a yearNew contract, March 2021: AED 140,000 a yearNew contract, May 2023: AED 240,000 a yearRenewal, May 2024: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residence Sky View 1, and where 1009 sits

All 24 1-beds →

Over the last 12 months one-beds sold for AED 2,800,000 to 4,100,000, around AED 3,457 per sqft, and rent for AED 110,000 to 240,000 a year. 1009's AED 240,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Sep 20264,100,000
6 Jan 20262,800,000
20 Nov 20254,000,000
6 Feb 20253,830,000
3 1-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
10062-bedAED 4.55M · Oct 2022
10072-bedAED 3.79M · Nov 2013
10081-bedAED 3.1M · Jun 2024

1009, The Address Residence Sky View 1 in numbers

  • Sold 5 times: first on 4 January 2015 for AED 2,866,888, last on 3 October 2025 for AED 3,750,000 (AED 3,241 per sqft).
  • Rented since May 2020 on 5 Ejari contracts, from AED 125,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2025 price is 6.4%.
  • One-beds in The Address Residence Sky View 1 sold for AED 2,800,000–4,100,000 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 3 October 2025.

Questions about 1009, The Address Residence Sky View 1

What did unit 1009 last sell for?

AED 3,750,000 on 3 October 2025: AED 3,241 per sqft for 1,157 sqft. The unit has 5 registered sales; the first was AED 2,866,888 in January 2015.

What is the rent for unit 1009?

AED 240,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 240,000; the unit has been rented since May 2020.

How big is unit 1009?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.

What is unit 1009 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 Residence Sky View 1 sold for AED 2,800,000 to 4,100,000 in the last 12 months, around AED 3,457 per sqft.

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Mortgage on 1009, The Address Residence Sky View 1

Starts from the last sale price (AED 3.75M, 3 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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