3-bed · 2,288 sqftThe Address Residence Sky View 1, Downtown Dubai · 12th floor · completed 2019

1205, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 13 December 2015
Last soldAED 5.59M13 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, The Address Residence Sky View 1

What is 1205 worth today?

Last sold for AED 5,587,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Dec 2015SoldOff-plan
AED 5,587,888AED 2,441 per sqft
6 Oct 2013Sold by developerOff-plan
AED 5,587,888AED 2,301 per sqft

Source: Dubai Land Department. Updated 13 December 2015.

Key facts

Type
3-bed hotel apartment
Size
2,288 sqft
Floor
12th of 58
Parking
B3-435, B3-175, B3-176
Developer
Emaar
Completed
2019
Last sold
AED 5.59M · December 2015

About 1205, The Address Residence Sky View 1

1205 is a three-bedroom hotel apartment of 2,288 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 13 December 2015 for AED 5,587,888, or AED 2,441 per sqft, 12% below the AED 2,783 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, October 2013: AED 5,587,888 (AED 2,301 per sqft)Sold, December 2015: AED 5,587,888 (AED 2,441 per sqft)

1205 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000

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 1205 sits

All 121 3-beds →

1205 last sold in December 2015 at AED 2,441 per sqft, 12% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,783). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
7 3-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
12013-bedAED 4.07M · Dec 2013
12032-bedAED 3.9M · Oct 2013
12042-bedAED 1.8M · Apr 2026
12062-bedAED 3.94M · May 2016
12072-bedAED 3.82M · Dec 2013
12081-bedAED 3M · Feb 2024
12091-bedAED 3.1M · Mar 2023

1205, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 6 October 2013 for AED 5,587,888, last on 13 December 2015 for AED 5,587,888 (AED 2,441 per sqft).
  • 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 13 December 2015.

Questions about 1205, The Address Residence Sky View 1

What did unit 1205 last sell for?

AED 5,587,888 on 13 December 2015: AED 2,441 per sqft for 2,288 sqft. The unit has 2 registered sales; the first was AED 5,587,888 in October 2013.

How big is unit 1205?

2,288 sqft (212.6 sqm): a three-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2019.

What is unit 1205 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.

Selling 1205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1205, The Address Residence Sky View 1

Starts from the last sale price (AED 5.59M, 13 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,587,888
Deposit, UAE resident (20%)
AED 1,117,578
Deposit, non-resident (40%)
AED 2,235,155
Monthly over 25 years at 3.7%
AED 22,862

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