2804, The Address Residence Sky View 1
Sold prices and rental history: sold 5 times, last in March 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 2804, The Address Residence Sky View 1
What is 2804 worth today?
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Source: Dubai Land Department. Updated 26 March 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,427 sqft
- Floor
- 28th of 58
- Parking
- B3-415, B3-474, B3-475
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 8M · March 2024
- Building
- The Address Residence Sky View 1
About 2804, The Address Residence Sky View 1
2804 is a three-bedroom hotel apartment of 2,427 sqft on the 28th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 26 March 2024 for AED 8,000,000, or AED 3,295 per sqft, 9% above the AED 3,027 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 February 2022, is AED 200,000 a year: a gross yield of 2.5% on the 2024 price.
Sales and rents for 2804 over time
2804 has sold 5 times; 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 2804 sits
All 121 3-beds →2804 last sold in March 2024 at AED 3,295 per sqft, 9% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,027). 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. 2804's AED 200,000 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 28th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 2-bed | 1,329 sqft | AED 5MAED 5,000,000 · Oct 2025October 2025 | ||
| 2802 | 3-bed | 2,020 sqft | AED 6MAED 6,000,000 · Oct 2021October 2021 | ||
| 2803 | 2-bed | 1,699 sqft | AED 5MAED 5,000,000 · Oct 2022October 2022 | 363,000 /yr | |
| 2805 | 2-bed | 1,699 sqft | AED 7.9MAED 7,900,000 · Oct 2024October 2024 | 364,000 /yr | |
| 2806 | 3-bed | 2,019 sqft | AED 4.5MAED 4,500,000 · Oct 2020October 2020 | ||
| 2807 | 2-bed | 1,543 sqft | AED 4.5MAED 4,500,000 · May 2023May 2023 | 290,000 /yr |
2804, The Address Residence Sky View 1 in numbers
- Sold 5 times: first on 2 December 2013 for AED 5,860,888, last on 26 March 2024 for AED 8,000,000 (AED 3,295 per sqft).
- Rented since September 2020 on 2 Ejari contracts, from AED 270,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 2.5%.
- 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 26 March 2024.
Questions about 2804, The Address Residence Sky View 1
What did unit 2804 last sell for?
AED 8,000,000 on 26 March 2024: AED 3,295 per sqft for 2,427 sqft. The unit has 5 registered sales; the first was AED 5,860,888 in December 2013.
What is the rent for unit 2804?
AED 200,000 a year on the contract signed on 1 February 2022. The previous contract, from September 2020, was AED 270,000.
How big is unit 2804?
2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 28th floor of a 58-storey tower completed in 2019.
What is unit 2804 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 2804, The Address Residence Sky View 1
Starts from the last sale price (AED 8M, 26 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →