1404, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, The Address Residence Sky View 1
What is 1404 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,647 sqft
- Floor
- 14th of 58
- Parking
- B3-152
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.17M · July 2016
- Building
- The Address Residence Sky View 1
About 1404, The Address Residence Sky View 1
1404 is a two-bedroom hotel apartment of 1,647 sqft on the 14th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 19 July 2016 for AED 4,174,888, or AED 2,535 per sqft, 4% below the AED 2,642 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 340,000 a year: a gross yield of 8.1% on the 2016 price.
Sales and rents for 1404 over time
1404 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1404 sits
All 159 2-beds →1404 last sold in July 2016 at AED 2,535 per sqft, 4% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,642). 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. 1404's AED 340,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
The Address Residence Sky View 1
Building326 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%
Other units on the 14th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 1,851 sqft | AED 4MAED 4,000,000 · May 2023May 2023 | 400,000 /yr | |
| 1403 | 2-bed | 1,519 sqft | AED 3.84MAED 3,842,888 · Dec 2013December 2013 | ||
| 1405 | 3-bed | 2,428 sqft | AED 7.28MAED 7,280,000 · Jan 2023January 2023 | 50,000 /yr | |
| 1406 | 2-bed | 1,699 sqft | AED 4.17MAED 4,174,888 · Dec 2013December 2013 | ||
| 1407 | 2-bed | 1,518 sqft | AED 3.84MAED 3,842,888 · Jan 2015January 2015 | 300,000 /yr | |
| 1408 | 1-bed | 872 sqft | AED 2.4MAED 2,403,888 · Feb 2019February 2019 | 182,500 /yr | |
| 1409 | 1-bed | 1,157 sqft | AED 4.1MAED 4,100,000 · Sep 2026September 2026 | 220,000 /yr |
1404, The Address Residence Sky View 1 in numbers
- Sold twice: first on 2 December 2013 for AED 4,174,888, last on 19 July 2016 for AED 4,174,888 (AED 2,535 per sqft).
- Rented since June 2020 on 4 Ejari contracts, from AED 165,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2016 price is 8.1%.
- 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 24 September 2024.
Questions about 1404, The Address Residence Sky View 1
What did unit 1404 last sell for?
AED 4,174,888 on 19 July 2016: AED 2,535 per sqft for 1,647 sqft. The unit has 2 registered sales; the first was AED 4,174,888 in December 2013.
What is the rent for unit 1404?
AED 340,000 a year on the contract renewed on 24 September 2024. The previous contract, from September 2023, was AED 330,000; the unit has been rented since June 2020.
How big is unit 1404?
1,647 sqft (153.0 sqm): a two-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2019.
What is unit 1404 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 1404, The Address Residence Sky View 1
Starts from the last sale price (AED 4.17M, 19 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 4,174,888
- Deposit, UAE resident (20%)
- AED 834,978
- Deposit, non-resident (40%)
- AED 1,669,955
- Monthly over 25 years at 3.7%
- AED 17,081
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →