1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 13th floor · completed 2019

1309, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.47M2 December 2013
Current rentAED 249K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, The Address Residence Sky View 1

What is 1309 worth today?

Last sold for AED 2,471,888 in 2013

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15 Nov 2024RentedNew contract
AED 249,307/yr12 months · AED 216 per sqft
18 Jan 2023RentedNew contract
AED 240,000/yr12 months · AED 208 per sqft
7 Jan 2022RentedNew contract
AED 220,000/yr12 months · AED 191 per sqft
2 Dec 2013Sold by developerOff-plan
AED 2,471,888AED 2,136 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
13th of 58
Parking
B3-111
Developer
Emaar
Completed
2019
Last sold
AED 2.47M · December 2013

About 1309, The Address Residence Sky View 1

1309 is a one-bedroom hotel apartment of 1,157 sqft on the 13th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 2 December 2013 for AED 2,471,888, or AED 2,136 per sqft, 9% below the AED 2,347 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 November 2024, is AED 249,307 a year: a gross yield of 10.1% on the 2013 price.

Sales and rents for 1309 over time

Sales
Unit 1309, 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 2,471,888 (AED 2,136 per sqft)

1309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, 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, January 2022: AED 220,000 a yearNew contract, January 2023: AED 240,000 a yearNew contract, November 2024: AED 249,307 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 1309 sits

All 24 1-beds →

1309 last sold in December 2013 at AED 2,136 per sqft, 9% below what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,347). 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. 1309's AED 249,307 is at the top 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
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
13081-bedAED 2.3M · Apr 2015

1309, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 2 December 2013 for AED 2,471,888, or AED 2,136 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 220,000 to AED 249,307 a year.
  • At AED 249,307 a year the gross yield on the 2013 price is 10.1%.
  • 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 November 2024.

Questions about 1309, The Address Residence Sky View 1

What did unit 1309 last sell for?

AED 2,471,888 on 2 December 2013, sold by the developer: AED 2,136 per sqft for 1,157 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 249,307 a year on the contract signed on 15 November 2024. The previous contract, from January 2023, was AED 240,000; the unit has been rented since January 2022.

How big is unit 1309?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 13th floor of a 58-storey tower completed in 2019.

What is unit 1309 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 1309, The Address Residence Sky View 1

Starts from the last sale price (AED 2.47M, 2 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,471,888
Deposit, UAE resident (20%)
AED 494,378
Deposit, non-resident (40%)
AED 988,755
Monthly over 25 years at 3.7%
AED 10,113

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