1208, The Address Residence Sky View 1
Sold prices and rental history: sold 4 times, last in February 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, The Address Residence Sky View 1
What is 1208 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 872 sqft
- Floor
- 12th of 58
- Parking
- B3-119
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3M · February 2024
- Building
- The Address Residence Sky View 1
About 1208, The Address Residence Sky View 1
1208 is a one-bedroom hotel apartment of 872 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 6 February 2024 for AED 3,000,000, or AED 3,439 per sqft, 28% above the AED 2,679 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 April 2025, is AED 200,000 a year: a gross yield of 6.7% on the 2024 price.
Sales and rents for 1208 over time
1208 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 1208 sits
All 24 1-beds →1208 last sold in February 2024 at AED 3,439 per sqft, 28% above what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,679). 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. 1208's AED 200,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,157 sqft | 4,100,000 | 3,544 | ||
| 6 Jan 20266 January 2026 | 872 sqft | 2,800,000 | 3,209 | ||
| 20 Nov 202520 November 2025 | 1,157 sqft | 4,000,000 | 3,457 | ||
| 3 Oct 20253 October 2025 | 1,157 sqft | 3,750,000 | 3,241 |
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 | ||
| 1204 | 2-bed | 850 sqft | AED 1.8MAED 1,800,000 · Apr 2026April 2026 | 365,000 /yr | |
| 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 | ||
| 1209 | 1-bed | 1,157 sqft | AED 3.1MAED 3,100,000 · Mar 2023March 2023 | 215,000 /yr |
1208, The Address Residence Sky View 1 in numbers
- Sold 4 times: first on 2 December 2013 for AED 2,062,888, last on 6 February 2024 for AED 3,000,000 (AED 3,439 per sqft).
- Rented since September 2020 on 3 Ejari contracts, from AED 110,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 6.7%.
- 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 15 April 2025.
Questions about 1208, The Address Residence Sky View 1
What did unit 1208 last sell for?
AED 3,000,000 on 6 February 2024: AED 3,439 per sqft for 872 sqft. The unit has 4 registered sales; the first was AED 2,062,888 in December 2013.
What is the rent for unit 1208?
AED 200,000 a year on the contract signed on 15 April 2025. The previous contract, from February 2024, was AED 220,000; the unit has been rented since September 2020.
How big is unit 1208?
872 sqft (81.0 sqm): a one-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2019.
What is unit 1208 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 1208, The Address Residence Sky View 1
Starts from the last sale price (AED 3M, 6 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →