1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 14th floor · completed 2019

1409, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in September 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 4.1M21 September 2026
Current rentAED 220K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, The Address Residence Sky View 1

What is 1409 worth today?

Last sold for AED 4,100,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Oct 2026RentedNew contract
AED 220,000/yr12 months · AED 191 per sqft
21 Sep 2026SoldReady
AED 4,100,000AED 3,544 per sqft
20 Nov 2025SoldReady
AED 4,000,000AED 3,457 per sqft
18 Oct 2021RentedRenewal
AED 125,750/yr9 months · AED 109 per sqft
18 Oct 2020RentedNew contract
AED 126,000/yr12 months · AED 109 per sqft
17 Feb 2020RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft
2 Dec 2013Sold by developerOff-plan
AED 2,472,888AED 2,137 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
14th of 58
Parking
B3-202
Developer
Emaar
Completed
2019
Last sold
AED 4.1M · September 2026

About 1409, The Address Residence Sky View 1

1409 is a one-bedroom hotel apartment of 1,157 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 21 September 2026 for AED 4,100,000, or AED 3,544 per sqft, 6% above the AED 3,349 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 19 October 2026, is AED 220,000 a year: a gross yield of 5.4% on the 2026 price.

Sales and rents for 1409 over time

Sales
Unit 1409, 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 2,472,888 (AED 2,137 per sqft)Sold, November 2025: AED 4,000,000 (AED 3,457 per sqft)Sold, September 2026: AED 4,100,000 (AED 3,544 per sqft)

1409 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, 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, February 2020: AED 150,000 a yearNew contract, October 2020: AED 126,000 a yearRenewal, October 2021: AED 125,750 a yearNew contract, October 2026: AED 220,000 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 1409 sits

All 24 1-beds →

1409 last sold in September 2026 at AED 3,544 per sqft, 6% above what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,349). 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. 1409's AED 220,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 20262,800,000
3 Oct 20253,750,000
6 Feb 20253,830,000
6 Jun 20243,100,000
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
14013-bedAED 4M · May 2023
14032-bedAED 3.84M · Dec 2013
14042-bedAED 4.17M · Jul 2016
14053-bedAED 7.28M · Jan 2023
14062-bedAED 4.17M · Dec 2013
14072-bedAED 3.84M · Jan 2015
14081-bedAED 2.4M · Feb 2019

1409, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 2,472,888, last on 21 September 2026 for AED 4,100,000 (AED 3,544 per sqft).
  • Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 125,750 in 2021 and recovered to AED 220,000 by October 2026.
  • At AED 220,000 a year the gross yield on the 2026 price is 5.4%.
  • 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 19 October 2026.

Questions about 1409, The Address Residence Sky View 1

What did unit 1409 last sell for?

AED 4,100,000 on 21 September 2026: AED 3,544 per sqft for 1,157 sqft. The unit has 3 registered sales; the first was AED 2,472,888 in December 2013.

What is the rent for unit 1409?

AED 220,000 a year on the contract signed on 19 October 2026. The previous contract, from October 2021, was AED 125,750; the unit has been rented since February 2020.

How big is unit 1409?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2019.

What is unit 1409 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.

Selling 1409? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1409, The Address Residence Sky View 1

Starts from the last sale price (AED 4.1M, 21 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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