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3-bed · 2,427 sqftThe Address Residence Sky View 1, Downtown Dubai · 29th floor · completed 2019

2904, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 6.55M12 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2904, The Address Residence Sky View 1

What is 2904 worth today?

Last sold for AED 6,550,000 in 2022

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12 May 2022SoldReady
AED 6,550,000AED 2,698 per sqft
16 May 2013SoldOff-plan
AED 6,164,432AED 2,539 per sqft
13 May 2013Sold by developerOff-plan
AED 5,870,888AED 2,418 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
3-bed hotel apartment
Size
2,427 sqft
Floor
29th of 58
Parking
B3-414, B3-476, B3-477
Developer
Emaar
Completed
2019
Last sold
AED 6.55M · May 2022
Building
The Address Residence Sky View 1

About 2904, The Address Residence Sky View 1

2904 is a three-bedroom hotel apartment of 2,427 sqft on the 29th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 12 May 2022 for AED 6,550,000, or AED 2,698 per sqft, in line with the AED 2,686 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, May 2013: AED 6,164,432 (AED 2,539 per sqft)Sold by developer, May 2013: AED 5,870,888 (AED 2,418 per sqft)Sold, May 2022: AED 6,550,000 (AED 2,698 per sqft)

2904 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2904, 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 450,000

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 2904 sits

All 121 3-beds →

2904 last sold in May 2022 at AED 2,698 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,686). 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.

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 →

Other units on the 29th floor

All 326 units in The Address Residence Sky View 1
Value
29012-bedAED 3.14M · Dec 2013
29023-bedAED 4.5M · Dec 2020
29032-bedAED 3.65M · Feb 2021
29052-bedAED 5.5M · Feb 2023
29063-bedAED 8.35M · Sep 2025
29072-bedAED 3.54M · Dec 2013

2904, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 13 May 2013 for AED 5,870,888, last on 12 May 2022 for AED 6,550,000 (AED 2,698 per sqft).
  • 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 12 May 2022.

Questions about 2904, The Address Residence Sky View 1

What did unit 2904 last sell for?

AED 6,550,000 on 12 May 2022: AED 2,698 per sqft for 2,427 sqft. The unit has 3 registered sales; the first was AED 5,870,888 in May 2013.

How big is unit 2904?

2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 29th floor of a 58-storey tower completed in 2019.

What is unit 2904 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 2904, The Address Residence Sky View 1

Starts from the last sale price (AED 6.55M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,550,000
Deposit, UAE resident (20%)
AED 1,310,000
Deposit, non-resident (40%)
AED 2,620,000
Monthly over 25 years at 3.7%
AED 26,798

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