1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 12th floor · completed 2019

1209, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 29 August 2026
Last soldAED 3.1M17 March 2023
Current rentAED 215K /yr29 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, The Address Residence Sky View 1

What is 1209 worth today?

Last sold for AED 3,100,000 in 2023

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29 Aug 2026RentedNew contract
AED 215,000/yr12 months · AED 187 per sqft
26 May 2025RentedNew contract
AED 245,000/yr12 months · AED 212 per sqft
26 May 2025RentedNew contract
AED 245,000/yr12 months · AED 212 per sqft
17 Mar 2023SoldReady
AED 3,100,000AED 2,679 per sqft
21 Mar 2022RentedNew contract
AED 200,000/yr12 months · AED 173 per sqft
2 Dec 2013Sold by developerOff-plan
AED 2,544,888AED 2,199 per sqft

Source: Dubai Land Department. Updated 29 August 2026.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
12th of 58
Parking
B3-110
Developer
Emaar
Completed
2019
Last sold
AED 3.1M · March 2023

About 1209, The Address Residence Sky View 1

1209 is a one-bedroom hotel apartment of 1,157 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 17 March 2023 for AED 3,100,000, or AED 2,679 per sqft, 3% above the AED 2,594 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 29 August 2026, is AED 215,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical one-bed in The Address Residence Sky View 1
2M3M4M2013201720212025Typical 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, December 2013: AED 2,544,888 (AED 2,199 per sqft)Sold, March 2023: AED 3,100,000 (AED 2,679 per sqft)

1209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, 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, March 2022: AED 200,000 a yearNew contract, May 2025: AED 245,000 a yearNew contract, May 2025: AED 245,000 a yearNew contract, August 2026: AED 215,000 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 1209 sits

All 24 1-beds →

1209 last sold in March 2023 at AED 2,679 per sqft, 3% above what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,594). 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. 1209's AED 215,000 is in the upper half 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
3 Oct 20253,750,000
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
12013-bedAED 4.07M · Dec 2013
12032-bedAED 3.9M · Oct 2013
12042-bedAED 1.8M · Apr 2026
12053-bedAED 5.59M · Dec 2015
12062-bedAED 3.94M · May 2016
12072-bedAED 3.82M · Dec 2013
12081-bedAED 3M · Feb 2024

1209, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 2,544,888, last on 17 March 2023 for AED 3,100,000 (AED 2,679 per sqft).
  • Rented since March 2022 on 4 Ejari contracts, from AED 200,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2023 price is 6.9%.
  • 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 29 August 2026.

Questions about 1209, The Address Residence Sky View 1

What did unit 1209 last sell for?

AED 3,100,000 on 17 March 2023: AED 2,679 per sqft for 1,157 sqft. The unit has 2 registered sales; the first was AED 2,544,888 in December 2013.

What is the rent for unit 1209?

AED 215,000 a year on the contract signed on 29 August 2026. The previous contract, from May 2025, was AED 245,000; the unit has been rented since March 2022.

How big is unit 1209?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2019.

What is unit 1209 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 1209, The Address Residence Sky View 1

Starts from the last sale price (AED 3.1M, 17 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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