1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 15th floor · completed 2019

1509, The Address Residence Sky View 1

Sold prices and rental history: no registered sale, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 13 January 2026
Current rentAED 240K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, The Address Residence Sky View 1

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13 Jan 2026RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2026RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2025RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2025RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2024RentedNew contract
AED 235,000/yr12 months · AED 203 per sqft
30 Oct 2022RentedNew contract
AED 240,000/yr12 months · AED 207 per sqft
23 Aug 2021RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
15th of 58
Parking
B3-203
Developer
Emaar
Completed
2019
Last sold
No registered sale

About 1509, The Address Residence Sky View 1

1509 is a one-bedroom hotel apartment of 1,157 sqft on the 15th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 13 January 2026, is AED 240,000 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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 3,830,000

No registered sale of 1509; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, 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, August 2021: AED 150,000 a yearNew contract, October 2022: AED 240,000 a yearNew contract, January 2024: AED 235,000 a yearRenewal, January 2025: AED 240,000 a yearRenewal, January 2025: AED 240,000 a yearRenewal, January 2026: AED 240,000 a yearRenewal, January 2026: AED 240,000 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 1509 sits

All 24 1-beds →

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. 1509's AED 240,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Sep 20264,100,000
6 Jan 20262,800,000
20 Nov 20254,000,000
3 Oct 20253,750,000
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
15013-bedAED 4.08M · Dec 2013
15032-bedAED 5.3M · Feb 2024
15042-bedAED 6.2M · Jun 2025
15053-bedAED 6M · Nov 2021
15062-bedAED 6.75M · Oct 2023
15072-bedAED 4.28M · May 2015
15081-bedAED 2.28M · Oct 2022

1509, The Address Residence Sky View 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since August 2021 on 7 Ejari contracts, from AED 150,000 to AED 240,000 a year.
  • 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 13 January 2026.

Questions about 1509, The Address Residence Sky View 1

What is the rent for unit 1509?

AED 240,000 a year on the contract renewed on 13 January 2026. The previous contract, from January 2026, was AED 240,000; the unit has been rented since August 2021.

How big is unit 1509?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2019.

What is unit 1509 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.

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