404, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, The Address Residence Sky View 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 4th of 58
- Parking
- B3-214
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.53M · July 2020
- Building
- The Address Residence Sky View 1
About 404, The Address Residence Sky View 1
404 is a two-bedroom hotel apartment of 1,699 sqft on the 4th 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 July 2020 for AED 2,525,000, or AED 1,485 per sqft, 19% below the AED 1,824 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 340,000 a year: a gross yield of 13.5% on the 2020 price.
Sales and rents for 404 over time
404 has sold twice; the dashed line is the two-bed median of each year in the building.
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 404 sits
All 159 2-beds →404 last sold in July 2020 at AED 1,485 per sqft, 19% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,824). 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. 404's AED 340,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
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 4th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,851 sqft | AED 6MAED 6,000,000 · Feb 2025February 2025 | ||
| 403 | 2-bed | 1,519 sqft | AED 5.1MAED 5,100,000 · Jun 2024June 2024 | 275,000 /yr | |
| 405 | 3-bed | 2,428 sqft | AED 5.44MAED 5,443,888 · Dec 2013December 2013 | ||
| 406 | 2-bed | 1,647 sqft | AED 3.5MAED 3,500,000 · Mar 2017March 2017 | 450,000 /yr | |
| 407 | 2-bed | 1,486 sqft | AED 4.32MAED 4,322,888 · Sep 2015September 2015 | ||
| 408 | 1-bed | 872 sqft | AED 2.8MAED 2,800,000 · Jan 2026January 2026 | ||
| 409 | 1-bed | 1,157 sqft | AED 2.86MAED 2,856,888 · Apr 2016April 2016 |
404, The Address Residence Sky View 1 in numbers
- Sold twice: first on 2 December 2013 for AED 4,054,888, last on 22 July 2020 for AED 2,525,000 (AED 1,485 per sqft).
- Rented since March 2024 on 4 Ejari contracts, from AED 320,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2020 price is 13.5%.
- 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 15 March 2026.
Questions about 404, The Address Residence Sky View 1
What did unit 404 last sell for?
AED 2,525,000 on 22 July 2020: AED 1,485 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,054,888 in December 2013.
What is the rent for unit 404?
AED 340,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 340,000; the unit has been rented since March 2024.
How big is unit 404?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 4th floor of a 58-storey tower completed in 2019.
What is unit 404 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 404, The Address Residence Sky View 1
Starts from the last sale price (AED 2.53M, 22 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,525,000
- Deposit, UAE resident (20%)
- AED 505,000
- Deposit, non-resident (40%)
- AED 1,010,000
- Monthly over 25 years at 3.7%
- AED 10,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →