3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 17th floor · completed 2019

1702, The Address Residence Sky View 1

Sold prices and rental history: sold 6 times, last in June 2026, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 8.2M3 June 2026
Current rentAED 380K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, The Address Residence Sky View 1

What is 1702 worth today?

Last sold for AED 8,200,000 in 2026

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3 Jun 2026SoldReady
AED 8,200,000AED 4,059 per sqft
15 Nov 2023SoldReady
AED 8,200,000AED 4,059 per sqft
5 Apr 2023SoldReady
AED 5,500,000AED 2,723 per sqft
25 Nov 2022SoldReady
AED 6,750,000AED 3,341 per sqft
1 Nov 2021RentedNew contract
AED 380,000/yr12 months · AED 188 per sqft
30 Dec 2020SoldReady
AED 4,050,000AED 2,005 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,155,888AED 2,552 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
17th of 58
Parking
B2-452, B2-451
Developer
Emaar
Completed
2019
Last sold
AED 8.2M · June 2026

About 1702, The Address Residence Sky View 1

1702 is a three-bedroom hotel apartment of 2,020 sqft on the 17th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 3 June 2026 for AED 8,200,000, or AED 4,059 per sqft, in line with the AED 4,135 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2021. The current contract, signed on 1 November 2021, is AED 380,000 a year: a gross yield of 4.6% on the 2026 price.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical three-bed in The Address Residence Sky View 1
5M7.5M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, December 2013: AED 5,155,888 (AED 2,552 per sqft)Sold, December 2020: AED 4,050,000 (AED 2,005 per sqft)Sold, November 2022: AED 6,750,000 (AED 3,341 per sqft)Sold, April 2023: AED 5,500,000 (AED 2,723 per sqft)Sold, November 2023: AED 8,200,000 (AED 4,059 per sqft)Sold, June 2026: AED 8,200,000 (AED 4,059 per sqft)

1702 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000New contract, November 2021: AED 380,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Address Residence Sky View 1, and where 1702 sits

All 121 3-beds →

1702 last sold in June 2026 at AED 4,059 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,135). Over the last 12 months three-beds sold for AED 6,000,000 to 12,800,000, around AED 4,257 per sqft, and rent for AED 300,000 to 655,000 a year. 1702's AED 380,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
15 Jan 20268,700,000
7 3-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
17012-bedAED 3.45M · Apr 2016
17032-bedAED 6.5M · Jul 2026
17043-bedAED 4.5M · Oct 2020
17052-bedAED 7.15M · Mar 2026
17063-bedAED 8M · Jul 2025
17072-bedAED 3.06M · Jun 2021

1702, The Address Residence Sky View 1 in numbers

  • Sold 6 times: first on 2 December 2013 for AED 5,155,888, last on 3 June 2026 for AED 8,200,000 (AED 4,059 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 380,000 a year.
  • At AED 380,000 a year the gross yield on the 2026 price is 4.6%.
  • Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000–12,800,000 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 3 June 2026.

Questions about 1702, The Address Residence Sky View 1

What did unit 1702 last sell for?

AED 8,200,000 on 3 June 2026: AED 4,059 per sqft for 2,020 sqft. The unit has 6 registered sales; the first was AED 5,155,888 in December 2013.

What is the rent for unit 1702?

AED 380,000 a year on the contract signed on 1 November 2021.

How big is unit 1702?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 17th floor of a 58-storey tower completed in 2019.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000 to 12,800,000 in the last 12 months, around AED 4,257 per sqft.

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Mortgage on 1702, The Address Residence Sky View 1

Starts from the last sale price (AED 8.2M, 3 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 8,200,000
Deposit, UAE resident (20%)
AED 1,640,000
Deposit, non-resident (40%)
AED 3,280,000
Monthly over 25 years at 3.7%
AED 33,549

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