3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 42nd floor · completed 2019

4202, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4202 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 4.6M12 April 2017
Current rentAED 550K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4202, The Address Residence Sky View 1

What is 4202 worth today?

Last sold for AED 4,595,005 in 2017

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15 May 2025RentedNew contract
AED 550,000/yr24 months · AED 272 per sqft
15 May 2025RentedNew contract
AED 550,000/yr24 months · AED 272 per sqft
16 Sep 2022RentedNew contract
AED 475,000/yr12 months · AED 235 per sqft
29 Oct 2020RentedNew contract
AED 230,000/yr12 months · AED 114 per sqft
12 Apr 2017SoldOff-plan
AED 4,595,005AED 2,299 per sqft
29 Mar 2016SoldOff-plan
AED 5,405,888AED 2,705 per sqft
6 Oct 2013Sold by developerOff-plan
AED 5,405,888AED 2,676 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
42nd of 58
Parking
B3-190, B3-375, B3-376
Developer
Emaar
Completed
2019
Last sold
AED 4.6M · April 2017

About 4202, The Address Residence Sky View 1

4202 is a three-bedroom hotel apartment of 2,020 sqft on the 42nd 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 April 2017 for AED 4,595,005, or AED 2,299 per sqft, 7% below the AED 2,464 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 May 2025, is AED 550,000 a year: a gross yield of 12.0% on the 2017 price.

Sales and rents for 4202 over time

Sales
Unit 4202, 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 by developer, October 2013: AED 5,405,888 (AED 2,676 per sqft)Sold, March 2016: AED 5,405,888 (AED 2,705 per sqft)Sold, April 2017: AED 4,595,005 (AED 2,299 per sqft)

4202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4202, 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 450,000New contract, October 2020: AED 230,000 a yearNew contract, September 2022: AED 475,000 a yearNew contract, May 2025: AED 550,000 a yearNew contract, May 2025: AED 550,000 a year

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 4202 sits

All 121 3-beds →

4202 last sold in April 2017 at AED 2,299 per sqft, 7% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,464). 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. 4202's AED 550,000 is in the upper half of that range.

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 →
Value
42012-bedAED 5.5M · Oct 2025
42032-bedAED 5.14M · Jun 2018
42043-bedAED 6.96M · Aug 2019
42052-bedAED 7.25M · Nov 2024
42063-bedAED 4.86M · Mar 2017
42072-bedAED 3.73M · Jan 2014

4202, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 6 October 2013 for AED 5,405,888, last on 12 April 2017 for AED 4,595,005 (AED 2,299 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 230,000 to AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2017 price is 12.0%.
  • 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 15 May 2025.

Questions about 4202, The Address Residence Sky View 1

What did unit 4202 last sell for?

AED 4,595,005 on 12 April 2017: AED 2,299 per sqft for 2,020 sqft. The unit has 3 registered sales; the first was AED 5,405,888 in October 2013.

What is the rent for unit 4202?

AED 550,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 550,000; the unit has been rented since October 2020.

How big is unit 4202?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 42nd floor of a 58-storey tower completed in 2019.

What is unit 4202 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 4202, The Address Residence Sky View 1

Starts from the last sale price (AED 4.6M, 12 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,595,005
Deposit, UAE resident (20%)
AED 919,001
Deposit, non-resident (40%)
AED 1,838,002
Monthly over 25 years at 3.7%
AED 18,800

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