3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 18th floor · completed 2019

1802, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in February 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 8.08M28 February 2025
Current rentAED 431K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, The Address Residence Sky View 1

What is 1802 worth today?

Last sold for AED 8,075,000 in 2025

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28 Feb 2025SoldReady
AED 8,075,000AED 3,998 per sqft
1 Sep 2023RentedRenewal
AED 431,004/yr12 months · AED 213 per sqft
1 Sep 2022RentedNew contract
AED 430,000/yr12 months · AED 213 per sqft
16 Aug 2020RentedNew contract
AED 205,000/yr12 months · AED 101 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,165,888AED 2,557 per sqft

Source: Dubai Land Department. Updated 28 February 2025.

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
18th of 58
Parking
B2-456, B2-455
Developer
Emaar
Completed
2019
Last sold
AED 8.08M · February 2025

About 1802, The Address Residence Sky View 1

1802 is a three-bedroom hotel apartment of 2,020 sqft on the 18th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 28 February 2025 for AED 8,075,000, or AED 3,998 per sqft, in line with the AED 4,035 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 431,004 a year: a gross yield of 5.3% on the 2025 price.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical 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 5,165,888 (AED 2,557 per sqft)Sold, February 2025: AED 8,075,000 (AED 3,998 per sqft)

1802 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1802, 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, August 2020: AED 205,000 a yearNew contract, September 2022: AED 430,000 a yearRenewal, September 2023: AED 431,004 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 1802 sits

All 121 3-beds →

1802 last sold in February 2025 at AED 3,998 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,035). 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. 1802's AED 431,004 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
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
18012-bedAED 3.46M · Aug 2015
18032-bedAED 6.1M · Dec 2022
18043-bedAED 8.7M · Dec 2022
18052-bedAED 7.5M · Sep 2023
18063-bedAED 5.17M · Aug 2021
18072-bedAED 3.47M · Dec 2013

1802, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 5,165,888, last on 28 February 2025 for AED 8,075,000 (AED 3,998 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 205,000 to AED 431,004 a year.
  • At AED 431,004 a year the gross yield on the 2025 price is 5.3%.
  • 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 28 February 2025.

Questions about 1802, The Address Residence Sky View 1

What did unit 1802 last sell for?

AED 8,075,000 on 28 February 2025: AED 3,998 per sqft for 2,020 sqft. The unit has 2 registered sales; the first was AED 5,165,888 in December 2013.

What is the rent for unit 1802?

AED 431,004 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 430,000; the unit has been rented since August 2020.

How big is unit 1802?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 18th floor of a 58-storey tower completed in 2019.

What is unit 1802 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 1802, The Address Residence Sky View 1

Starts from the last sale price (AED 8.08M, 28 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,075,000
Deposit, UAE resident (20%)
AED 1,615,000
Deposit, non-resident (40%)
AED 3,230,000
Monthly over 25 years at 3.7%
AED 33,037

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