1806, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in August 2021, 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 1806, The Address Residence Sky View 1
What is 1806 worth today?
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Source: Dubai Land Department. Updated 31 August 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,019 sqft
- Floor
- 18th of 58
- Parking
- B2-366, B2-365
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.17M · August 2021
- Building
- The Address Residence Sky View 1
About 1806, The Address Residence Sky View 1
1806 is a three-bedroom hotel apartment of 2,019 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 15 August 2021 for AED 5,165,888, or AED 2,558 per sqft, 15% above the AED 2,227 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 31 August 2024, is AED 460,000 a year: a gross yield of 8.9% on the 2021 price.
Sales and rents for 1806 over time
1806 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1806 sits
All 121 3-beds →1806 last sold in August 2021 at AED 2,558 per sqft, 15% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,227). 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. 1806's AED 460,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 2,020 sqft | 8,200,000 | 4,059 | ||
| 4 May 20264 May 2026 | 2,020 sqft | 6,500,000 | 3,218 | ||
| 18 Mar 202618 March 2026 | 2,134 sqft | 6,000,000 | 2,811 | ||
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 |
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 18th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,329 sqft | AED 3.46MAED 3,461,888 · Aug 2015August 2015 | ||
| 1802 | 3-bed | 2,020 sqft | AED 8.08MAED 8,075,000 · Feb 2025February 2025 | 431,004 /yr | |
| 1803 | 2-bed | 1,699 sqft | AED 6.1MAED 6,100,000 · Dec 2022December 2022 | ||
| 1804 | 3-bed | 2,427 sqft | AED 8.7MAED 8,700,000 · Dec 2022December 2022 | ||
| 1805 | 2-bed | 1,699 sqft | AED 7.5MAED 7,500,000 · Sep 2023September 2023 | 160,000 /yr | |
| 1807 | 2-bed | 1,543 sqft | AED 3.47MAED 3,474,888 · Dec 2013December 2013 |
1806, The Address Residence Sky View 1 in numbers
- Sold twice: first on 2 December 2013 for AED 5,165,888, last on 15 August 2021 for AED 5,165,888 (AED 2,558 per sqft).
- Rented since September 2020 on 4 Ejari contracts, from AED 190,000 to AED 460,000 a year.
- At AED 460,000 a year the gross yield on the 2021 price is 8.9%.
- 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 31 August 2024.
Questions about 1806, The Address Residence Sky View 1
What did unit 1806 last sell for?
AED 5,165,888 on 15 August 2021: AED 2,558 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 5,165,888 in December 2013.
What is the rent for unit 1806?
AED 460,000 a year on the contract signed on 31 August 2024. The previous contract, from December 2022, was AED 460,000; the unit has been rented since September 2020.
How big is unit 1806?
2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 18th floor of a 58-storey tower completed in 2019.
What is unit 1806 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 1806, The Address Residence Sky View 1
Starts from the last sale price (AED 5.17M, 15 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 5,165,888
- Deposit, UAE resident (20%)
- AED 1,033,178
- Deposit, non-resident (40%)
- AED 2,066,355
- Monthly over 25 years at 3.7%
- AED 21,135
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →