2504, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in October 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2504, The Address Residence Sky View 1
What is 2504 worth today?
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Source: Dubai Land Department. Updated 23 October 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,427 sqft
- Floor
- 25th of 58
- Parking
- B3-418, B3-468, B3-469
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 10M · October 2024
- Building
- The Address Residence Sky View 1
About 2504, The Address Residence Sky View 1
2504 is a three-bedroom hotel apartment of 2,427 sqft on the 25th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 23 October 2024 for AED 10,000,000, or AED 4,119 per sqft, in line with the AED 4,165 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 15 October 2022, is AED 220,000 a year: a gross yield of 2.2% on the 2024 price.
Sales and rents for 2504 over time
2504 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 2504 sits
All 121 3-beds →2504 last sold in October 2024 at AED 4,119 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,165). 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. 2504's AED 220,000 is at the bottom 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 25th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,329 sqft | AED 4.1MAED 4,100,000 · Mar 2023March 2023 | 209,700 /yr | |
| 2502 | 3-bed | 2,020 sqft | AED 3.7MAED 3,700,000 · Feb 2020February 2020 | 480,000 /yr | |
| 2503 | 2-bed | 1,699 sqft | AED 4.78MAED 4,783,225 · Jun 2014June 2014 | 222,000 /yr | |
| 2505 | 2-bed | 1,647 sqft | AED 4.63MAED 4,633,080 · Apr 2014April 2014 | ||
| 2506 | 3-bed | 2,019 sqft | AED 7MAED 7,000,000 · May 2022May 2022 | 500,000 /yr | |
| 2507 | 2-bed | 1,543 sqft | AED 3.85MAED 3,850,000 · Oct 2022October 2022 |
2504, The Address Residence Sky View 1 in numbers
- Sold twice: first on 2 December 2013 for AED 5,830,888, last on 23 October 2024 for AED 10,000,000 (AED 4,119 per sqft).
- Rented since September 2020 on 3 Ejari contracts, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 2.2%.
- 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 23 October 2024.
Questions about 2504, The Address Residence Sky View 1
What did unit 2504 last sell for?
AED 10,000,000 on 23 October 2024: AED 4,119 per sqft for 2,427 sqft. The unit has 2 registered sales; the first was AED 5,830,888 in December 2013.
What is the rent for unit 2504?
AED 220,000 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 220,000; the unit has been rented since September 2020.
How big is unit 2504?
2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 25th floor of a 58-storey tower completed in 2019.
What is unit 2504 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 2504, The Address Residence Sky View 1
Starts from the last sale price (AED 10M, 23 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 10,000,000
- Deposit, UAE resident (20%)
- AED 2,000,000
- Deposit, non-resident (40%)
- AED 4,000,000
- Monthly over 25 years at 3.7%
- AED 40,913
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →