2004, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in June 2014, 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 2004, The Address Residence Sky View 1
What is 2004 worth today?
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Source: Dubai Land Department. Updated 2 July 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,427 sqft
- Floor
- 20th of 58
- Parking
- B2-145, B2-144
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.3M · June 2014
- Building
- The Address Residence Sky View 1
About 2004, The Address Residence Sky View 1
2004 is a three-bedroom hotel apartment of 2,427 sqft on the 20th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 22 June 2014 for AED 6,300,000, or AED 2,595 per sqft, in line with the AED 2,572 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 2 July 2024, is AED 538,552 a year: a gross yield of 8.6% on the 2014 price.
Sales and rents for 2004 over time
2004 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 2004 sits
All 121 3-beds →2004 last sold in June 2014 at AED 2,595 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,572). 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. 2004's AED 538,552 is in the upper 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 20th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,329 sqft | AED 2.7MAED 2,700,000 · Sep 2021September 2021 | 320,000 /yr | |
| 2002 | 3-bed | 2,020 sqft | AED 8MAED 8,000,000 · May 2025May 2025 | 600,000 /yr | |
| 2003 | 2-bed | 1,699 sqft | AED 6.1MAED 6,100,000 · Apr 2023April 2023 | 385,000 /yr | |
| 2005 | 2-bed | 1,699 sqft | AED 4.25MAED 4,249,888 · Dec 2013December 2013 | 350,000 /yr | |
| 2006 | 3-bed | 2,019 sqft | AED 5.29MAED 5,289,606 · Apr 2014April 2014 | ||
| 2007 | 2-bed | 1,543 sqft | AED 3.5MAED 3,500,000 · Nov 2016November 2016 |
2004, The Address Residence Sky View 1 in numbers
- Sold twice: first on 28 November 2013 for AED 5,780,888, last on 22 June 2014 for AED 6,300,000 (AED 2,595 per sqft).
- Rented since June 2020 on 4 Ejari contracts, from AED 280,000 to AED 538,552 a year.
- At AED 538,552 a year the gross yield on the 2014 price is 8.6%.
- 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 2 July 2024.
Questions about 2004, The Address Residence Sky View 1
What did unit 2004 last sell for?
AED 6,300,000 on 22 June 2014: AED 2,595 per sqft for 2,427 sqft. The unit has 2 registered sales; the first was AED 5,780,888 in November 2013.
What is the rent for unit 2004?
AED 538,552 a year on the contract signed on 2 July 2024. The previous contract, from August 2023, was AED 585,000; the unit has been rented since June 2020.
How big is unit 2004?
2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.
What is unit 2004 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 2004, The Address Residence Sky View 1
Starts from the last sale price (AED 6.3M, 22 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 6,300,000
- Deposit, UAE resident (20%)
- AED 1,260,000
- Deposit, non-resident (40%)
- AED 2,520,000
- Monthly over 25 years at 3.7%
- AED 25,775
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →