1508, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in October 2022, 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 1508, The Address Residence Sky View 1
What is 1508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 872 sqft
- Floor
- 15th of 58
- Parking
- B3-192
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.28M · October 2022
- Building
- The Address Residence Sky View 1
About 1508, The Address Residence Sky View 1
1508 is a one-bedroom hotel apartment of 872 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 October 2022 for AED 2,275,000, or AED 2,608 per sqft, 15% above the AED 2,260 one-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 5 November 2025, is AED 105,000 a year: a gross yield of 4.6% on the 2022 price.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 24 1-beds →1508 last sold in October 2022 at AED 2,608 per sqft, 15% above what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,260). 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. 1508's AED 105,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,157 sqft | 4,100,000 | 3,544 | ||
| 6 Jan 20266 January 2026 | 872 sqft | 2,800,000 | 3,209 | ||
| 20 Nov 202520 November 2025 | 1,157 sqft | 4,000,000 | 3,457 | ||
| 3 Oct 20253 October 2025 | 1,157 sqft | 3,750,000 | 3,241 |
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 | ||
| 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 | ||
| 1509 | 1-bed | 1,157 sqft | No registered sale | 240,000 /yr |
1508, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 10 March 2020 for AED 2,353,541, last on 20 October 2022 for AED 2,275,000 (AED 2,608 per sqft).
- Rented since December 2020 on 4 Ejari contracts, from AED 140,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 4.6%.
- 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 5 November 2025.
Questions about 1508, The Address Residence Sky View 1
What did unit 1508 last sell for?
AED 2,275,000 on 20 October 2022: AED 2,608 per sqft for 872 sqft. The unit has 3 registered sales; the first was AED 2,353,541 in March 2020.
What is the rent for unit 1508?
AED 105,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 200,000; the unit has been rented since December 2020.
How big is unit 1508?
872 sqft (81.0 sqm): a one-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2019.
What is unit 1508 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 1508? 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.
Mortgage on 1508, The Address Residence Sky View 1
Starts from the last sale price (AED 2.28M, 20 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,275,000
- Deposit, UAE resident (20%)
- AED 455,000
- Deposit, non-resident (40%)
- AED 910,000
- Monthly over 25 years at 3.7%
- AED 9,308
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →