1504, The Address Residence Sky View 1
Sold prices and rental history: sold 4 times, last in June 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, The Address Residence Sky View 1
What is 1504 worth today?
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Source: Dubai Land Department. Updated 30 June 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 15th of 58
- Parking
- B3-224
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.2M · June 2025
- Building
- The Address Residence Sky View 1
About 1504, The Address Residence Sky View 1
1504 is a two-bedroom hotel apartment of 1,699 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 30 June 2025 for AED 6,200,000, or AED 3,648 per sqft, in line with the AED 3,688 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 5 January 2023, is AED 345,000 a year: a gross yield of 5.6% on the 2025 price.
Sales and rents for 1504 over time
1504 has sold 4 times; 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 1504 sits
All 159 2-beds →1504 last sold in June 2025 at AED 3,648 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,688). 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. 1504's AED 345,000 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 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 | |
| 1503 | 2-bed | 1,519 sqft | AED 5.3MAED 5,300,000 · Feb 2024February 2024 | ||
| 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 |
1504, The Address Residence Sky View 1 in numbers
- Sold 4 times: first on 2 December 2013 for AED 4,186,888, last on 30 June 2025 for AED 6,200,000 (AED 3,648 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 170,000 to AED 345,000 a year.
- At AED 345,000 a year the gross yield on the 2025 price is 5.6%.
- 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 30 June 2025.
Questions about 1504, The Address Residence Sky View 1
What did unit 1504 last sell for?
AED 6,200,000 on 30 June 2025: AED 3,648 per sqft for 1,699 sqft. The unit has 4 registered sales; the first was AED 4,186,888 in December 2013.
What is the rent for unit 1504?
AED 345,000 a year on the contract signed on 5 January 2023. The previous contract, from September 2021, was AED 280,000; the unit has been rented since July 2020.
How big is unit 1504?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2019.
What is unit 1504 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 1504, The Address Residence Sky View 1
Starts from the last sale price (AED 6.2M, 30 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,200,000
- Deposit, UAE resident (20%)
- AED 1,240,000
- Deposit, non-resident (40%)
- AED 2,480,000
- Monthly over 25 years at 3.7%
- AED 25,366
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →