2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 13th floor · completed 2019

1306, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 29 December 2025
Last soldAED 4.5M13 February 2014
Current rentAED 318K /yr29 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, The Address Residence Sky View 1

What is 1306 worth today?

Last sold for AED 4,495,919 in 2014

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29 Dec 2025RentedRenewal
AED 317,625/yr12 months · AED 187 per sqft
29 Dec 2024RentedRenewal
AED 288,750/yr12 months · AED 170 per sqft
29 Dec 2024RentedRenewal
AED 288,750/yr12 months · AED 170 per sqft
1 Dec 2023RentedRenewal
AED 275,766/yr13 months · AED 162 per sqft
1 Dec 2022RentedNew contract
AED 250,000/yr12 months · AED 147 per sqft
2 Nov 2021RentedNew contract
AED 180,000/yr12 months · AED 106 per sqft
13 Feb 2014SoldOff-plan
AED 4,495,919AED 2,645 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,162,888AED 2,449 per sqft

Source: Dubai Land Department. Updated 29 December 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
13th of 58
Parking
B3-151
Developer
Emaar
Completed
2019
Last sold
AED 4.5M · February 2014

About 1306, The Address Residence Sky View 1

1306 is a two-bedroom hotel apartment of 1,699 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 13 February 2014 for AED 4,495,919, or AED 2,645 per sqft, 7% above the AED 2,463 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 29 December 2025, is AED 317,625 a year: a gross yield of 7.1% on the 2014 price.

Sales and rents for 1306 over time

Sales
Unit 1306, 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 4,162,888 (AED 2,449 per sqft)Sold, February 2014: AED 4,495,919 (AED 2,645 per sqft)

1306 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, 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 300,000New contract, November 2021: AED 180,000 a yearNew contract, December 2022: AED 250,000 a yearRenewal, December 2023: AED 275,766 a yearRenewal, December 2024: AED 288,750 a yearRenewal, December 2024: AED 288,750 a yearRenewal, December 2025: AED 317,625 a year

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 1306 sits

All 159 2-beds →

1306 last sold in February 2014 at AED 2,645 per sqft, 7% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,463). 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. 1306's AED 317,625 is in the lower half of that range.

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
13032-bedAED 6.08M · Jun 2024
13042-bedAED 4.25M · Jun 2015
13053-bedAED 10M · Sep 2025
13072-bedAED 5.4M · Apr 2025
13081-bedAED 2.3M · Apr 2015
13091-bedAED 2.47M · Dec 2013

1306, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,162,888, last on 13 February 2014 for AED 4,495,919 (AED 2,645 per sqft).
  • Rented since November 2021 on 6 Ejari contracts, from AED 180,000 to AED 317,625 a year.
  • At AED 317,625 a year the gross yield on the 2014 price is 7.1%.
  • 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 29 December 2025.

Questions about 1306, The Address Residence Sky View 1

What did unit 1306 last sell for?

AED 4,495,919 on 13 February 2014: AED 2,645 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,162,888 in December 2013.

What is the rent for unit 1306?

AED 317,625 a year on the contract renewed on 29 December 2025. The previous contract, from December 2024, was AED 288,750; the unit has been rented since November 2021.

How big is unit 1306?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 13th floor of a 58-storey tower completed in 2019.

What is unit 1306 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 1306, The Address Residence Sky View 1

Starts from the last sale price (AED 4.5M, 13 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,495,919
Deposit, UAE resident (20%)
AED 899,184
Deposit, non-resident (40%)
AED 1,798,368
Monthly over 25 years at 3.7%
AED 18,394

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