1204, The Address Residence Sky View 1
Sold prices and rental history: sold 6 times, last in April 2026, 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 1204, The Address Residence Sky View 1
What is 1204 worth today?
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Source: Dubai Land Department. Updated 14 April 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 850 sqft
- Floor
- 12th of 58
- Parking
- B3-220
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 1.8M · April 2026
- Building
- The Address Residence Sky View 1
About 1204, The Address Residence Sky View 1
1204 is a two-bedroom hotel apartment of 850 sqft on the 12th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 April 2026 for AED 1,800,000, or AED 2,118 per sqft, 42% below the AED 3,649 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 10 April 2026, is AED 365,000 a year: a gross yield of 20.3% on the 2026 price.
Sales and rents for 1204 over time
1204 has sold 6 times; 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 1204 sits
All 159 2-beds →1204 last sold in April 2026 at AED 2,118 per sqft, 42% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,649). 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. 1204's AED 365,000 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 12th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,851 sqft | AED 4.07MAED 4,065,888 · Dec 2013December 2013 | 300,000 /yr | |
| 1203 | 2-bed | 1,519 sqft | AED 3.9MAED 3,900,000 · Oct 2013October 2013 | ||
| 1205 | 3-bed | 2,288 sqft | AED 5.59MAED 5,587,888 · Dec 2015December 2015 | ||
| 1206 | 2-bed | 1,647 sqft | AED 3.94MAED 3,943,344 · May 2016May 2016 | ||
| 1207 | 2-bed | 1,518 sqft | AED 3.82MAED 3,818,888 · Dec 2013December 2013 | ||
| 1208 | 1-bed | 872 sqft | AED 3MAED 3,000,000 · Feb 2024February 2024 | 200,000 /yr | |
| 1209 | 1-bed | 1,157 sqft | AED 3.1MAED 3,100,000 · Mar 2023March 2023 | 215,000 /yr |
1204, The Address Residence Sky View 1 in numbers
- Sold 6 times: first on 6 October 2013 for AED 4,150,888, last on 14 April 2026 for AED 1,800,000 (AED 2,118 per sqft).
- Rented since September 2020 on 4 Ejari contracts. The rent fell from AED 160,000 to AED 50,000 in 2021 and recovered to AED 365,000 by April 2026.
- At AED 365,000 a year the gross yield on the 2026 price is 20.3%.
- 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 14 April 2026.
Questions about 1204, The Address Residence Sky View 1
What did unit 1204 last sell for?
AED 1,800,000 on 14 April 2026: AED 2,118 per sqft for 850 sqft. The unit has 6 registered sales; the first was AED 4,150,888 in October 2013.
What is the rent for unit 1204?
AED 365,000 a year on the contract signed on 10 April 2026. The previous contract, from February 2026, was AED 365,000; the unit has been rented since September 2020.
How big is unit 1204?
850 sqft (79.0 sqm): a two-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2019.
What is unit 1204 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 1204, The Address Residence Sky View 1
Starts from the last sale price (AED 1.8M, 14 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →