2-bed · 1,519 sqftThe Address Residence Sky View 1, Downtown Dubai · 13th floor · completed 2019

1303, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 6.08M3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, The Address Residence Sky View 1

What is 1303 worth today?

Last sold for AED 6,080,000 in 2024

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3 Jun 2024SoldReady
AED 6,080,000AED 4,002 per sqft
2 Dec 2013Sold by developerOff-plan
AED 3,830,888AED 2,521 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed hotel apartment
Size
1,519 sqft
Floor
13th of 58
Parking
B3-4
Developer
Emaar
Completed
2019
Last sold
AED 6.08M · June 2024

About 1303, The Address Residence Sky View 1

1303 is a two-bedroom hotel apartment of 1,519 sqft on the 13th 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 June 2024 for AED 6,080,000, or AED 4,002 per sqft, 8% above the AED 3,707 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, December 2013: AED 3,830,888 (AED 2,521 per sqft)Sold, June 2024: AED 6,080,000 (AED 4,002 per sqft)

1303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000

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 1303 sits

All 159 2-beds →

1303 last sold in June 2024 at AED 4,002 per sqft, 8% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,707). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-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
13013-bedAED 4.55M · Jan 2022
13042-bedAED 4.25M · Jun 2015
13053-bedAED 10M · Sep 2025
13062-bedAED 4.5M · Feb 2014
13072-bedAED 5.4M · Apr 2025
13081-bedAED 2.3M · Apr 2015
13091-bedAED 2.47M · Dec 2013

1303, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 3,830,888, last on 3 June 2024 for AED 6,080,000 (AED 4,002 per sqft).
  • 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 3 June 2024.

Questions about 1303, The Address Residence Sky View 1

What did unit 1303 last sell for?

AED 6,080,000 on 3 June 2024: AED 4,002 per sqft for 1,519 sqft. The unit has 2 registered sales; the first was AED 3,830,888 in December 2013.

How big is unit 1303?

1,519 sqft (141.1 sqm): a two-bedroom hotel apartment on the 13th floor of a 58-storey tower completed in 2019.

What is unit 1303 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 1303, The Address Residence Sky View 1

Starts from the last sale price (AED 6.08M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,080,000
Deposit, UAE resident (20%)
AED 1,216,000
Deposit, non-resident (40%)
AED 2,432,000
Monthly over 25 years at 3.7%
AED 24,875

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