2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 40th floor · completed 2019

4003, The Address Residence Sky View 1

Sold prices and rental history: sold 7 times, last in September 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 6M8 September 2025
Current rentAED 441K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, The Address Residence Sky View 1

What is 4003 worth today?

Last sold for AED 6,000,000 in 2025

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5 Jul 2026RentedNew contract
AED 441,265/yr12 months · AED 259 per sqft
8 Sep 2025SoldReady
AED 6,000,000AED 3,531 per sqft
21 Jul 2025SoldReady
AED 4,469,210AED 2,630 per sqft
5 Jul 2025RentedNew contract
AED 441,265/yr12 months · AED 259 per sqft
5 Jul 2024RentedRenewal
AED 420,250/yr12 months · AED 247 per sqft
5 Jul 2023RentedNew contract
AED 410,000/yr12 months · AED 241 per sqft
13 Apr 2021SoldReady
AED 5,500,000AED 3,237 per sqft
19 Nov 2019SoldReady
AED 5,500,000AED 3,237 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
40th of 58
Parking
B3-393
Developer
Emaar
Completed
2019
Last sold
AED 6M · September 2025

About 4003, The Address Residence Sky View 1

4003 is a two-bedroom hotel apartment of 1,699 sqft on the 40th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 September 2025 for AED 6,000,000, or AED 3,531 per sqft, in line with the AED 3,630 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 5 July 2026, is AED 441,265 a year: a gross yield of 7.3% on the 2025 price.

Sales and rents for 4003 over time

Sales
Unit 4003, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold, July 2013: AED 5,115,471 (AED 3,010 per sqft)Sold by developer, July 2013: AED 4,409,888 (AED 2,595 per sqft)Sold, December 2014: AED 5,071,371 (AED 2,984 per sqft)Sold, November 2019: AED 5,500,000 (AED 3,237 per sqft)Sold, April 2021: AED 5,500,000 (AED 3,237 per sqft)Sold, July 2025: AED 4,469,210 (AED 2,630 per sqft)Sold, September 2025: AED 6,000,000 (AED 3,531 per sqft)

4003 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4003, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000New contract, July 2023: AED 410,000 a yearRenewal, July 2024: AED 420,250 a yearNew contract, July 2025: AED 441,265 a yearNew contract, July 2026: AED 441,265 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Residence Sky View 1, and where 4003 sits

All 159 2-beds →

4003 last sold in September 2025 at AED 3,531 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,630). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year. 4003's AED 441,265 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-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 →
Value
40012-bedAED 5.2M · Jan 2024
40023-bedAED 3.75M · Sep 2020
40043-bedAED 7.9M · Aug 2022
40052-bedAED 4.7M · Feb 2014
40063-bedAED 6.85M · Feb 2023
40072-bedAED 5.13M · Feb 2024

4003, The Address Residence Sky View 1 in numbers

  • Sold 7 times: first on 7 July 2013 for AED 4,409,888, last on 8 September 2025 for AED 6,000,000 (AED 3,531 per sqft).
  • Rented since July 2023 on 4 Ejari contracts, from AED 410,000 to AED 441,265 a year.
  • At AED 441,265 a year the gross yield on the 2025 price is 7.3%.
  • Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 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 5 July 2026.

Questions about 4003, The Address Residence Sky View 1

What did unit 4003 last sell for?

AED 6,000,000 on 8 September 2025: AED 3,531 per sqft for 1,699 sqft. The unit has 7 registered sales; the first was AED 4,409,888 in July 2013.

What is the rent for unit 4003?

AED 441,265 a year on the contract signed on 5 July 2026. The previous contract, from July 2025, was AED 441,265; the unit has been rented since July 2023.

How big is unit 4003?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 40th floor of a 58-storey tower completed in 2019.

What is unit 4003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.

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Mortgage on 4003, The Address Residence Sky View 1

Starts from the last sale price (AED 6M, 8 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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