1-bed · 872 sqftThe Address Residence Sky View 1, Downtown Dubai · 13th floor · completed 2019

1308, The Address Residence Sky View 1

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

Unit 1308 · DLD and Ejari recordsUpdated 16 April 2015
Last soldAED 2.3M16 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, The Address Residence Sky View 1

What is 1308 worth today?

Last sold for AED 2,300,000 in 2015

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16 Apr 2015SoldOff-plan
AED 2,300,000AED 2,636 per sqft
2 Dec 2013Sold by developerOff-plan
AED 2,065,888AED 2,368 per sqft

Source: Dubai Land Department. Updated 16 April 2015.

Key facts

Type
1-bed hotel apartment
Size
872 sqft
Floor
13th of 58
Parking
B3-120
Developer
Emaar
Completed
2019
Last sold
AED 2.3M · April 2015

About 1308, The Address Residence Sky View 1

1308 is a one-bedroom hotel apartment of 872 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 16 April 2015 for AED 2,300,000, or AED 2,636 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1308 over time

Sales
Unit 1308, 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 2,065,888 (AED 2,368 per sqft)Sold, April 2015: AED 2,300,000 (AED 2,636 per sqft)

1308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, 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 205,000

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 1308 sits

All 24 1-beds →

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.

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
13013-bedAED 4.55M · Jan 2022
13032-bedAED 6.08M · Jun 2024
13042-bedAED 4.25M · Jun 2015
13053-bedAED 10M · Sep 2025
13062-bedAED 4.5M · Feb 2014
13072-bedAED 5.4M · Apr 2025
13091-bedAED 2.47M · Dec 2013

1308, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 2,065,888, last on 16 April 2015 for AED 2,300,000 (AED 2,636 per sqft).
  • 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 16 April 2015.

Questions about 1308, The Address Residence Sky View 1

What did unit 1308 last sell for?

AED 2,300,000 on 16 April 2015: AED 2,636 per sqft for 872 sqft. The unit has 2 registered sales; the first was AED 2,065,888 in December 2013.

How big is unit 1308?

872 sqft (81.0 sqm): a one-bedroom hotel apartment on the 13th floor of a 58-storey tower completed in 2019.

What is unit 1308 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 1308, The Address Residence Sky View 1

Starts from the last sale price (AED 2.3M, 16 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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