1503, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, The Address Residence Sky View 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,519 sqft
- Floor
- 15th of 58
- Parking
- B3-11
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.3M · February 2024
- Building
- The Address Residence Sky View 1
About 1503, The Address Residence Sky View 1
1503 is a two-bedroom hotel apartment of 1,519 sqft on the 15th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 20 February 2024 for AED 5,300,000, or AED 3,489 per sqft, 4% below the AED 3,635 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1503 over time
1503 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 1503 sits
All 159 2-beds →1503 last sold in February 2024 at AED 3,489 per sqft, 4% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,635). 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.
| 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 15th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,851 sqft | AED 4.08MAED 4,083,880 · Dec 2013December 2013 | 400,000 /yr | |
| 1504 | 2-bed | 1,699 sqft | AED 6.2MAED 6,200,000 · Jun 2025June 2025 | 345,000 /yr | |
| 1505 | 3-bed | 2,428 sqft | AED 6MAED 6,000,000 · Nov 2021November 2021 | ||
| 1506 | 2-bed | 1,699 sqft | AED 6.75MAED 6,750,000 · Oct 2023October 2023 | 600,000 /yr | |
| 1507 | 2-bed | 1,486 sqft | AED 4.28MAED 4,278,926 · May 2015May 2015 | ||
| 1508 | 1-bed | 872 sqft | AED 2.28MAED 2,275,000 · Oct 2022October 2022 | 105,000 /yr | |
| 1509 | 1-bed | 1,157 sqft | No registered sale | 240,000 /yr |
1503, The Address Residence Sky View 1 in numbers
- Sold twice: first on 2 December 2013 for AED 3,854,888, last on 20 February 2024 for AED 5,300,000 (AED 3,489 per sqft).
- 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 20 February 2024.
Questions about 1503, The Address Residence Sky View 1
What did unit 1503 last sell for?
AED 5,300,000 on 20 February 2024: AED 3,489 per sqft for 1,519 sqft. The unit has 2 registered sales; the first was AED 3,854,888 in December 2013.
How big is unit 1503?
1,519 sqft (141.1 sqm): a two-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2019.
What is unit 1503 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 1503, The Address Residence Sky View 1
Starts from the last sale price (AED 5.3M, 20 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,300,000
- Deposit, UAE resident (20%)
- AED 1,060,000
- Deposit, non-resident (40%)
- AED 2,120,000
- Monthly over 25 years at 3.7%
- AED 21,684
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →