2-bed · 1,647 sqftThe Address Residence Sky View 1, Downtown Dubai · 42nd floor · completed 2019

4203, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4203 · DLD and Ejari recordsUpdated 24 June 2018
Last soldAED 5.14M24 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4203, The Address Residence Sky View 1

What is 4203 worth today?

Last sold for AED 5,137,888 in 2018

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24 Jun 2018Sold by developerOff-plan
AED 5,137,888AED 3,119 per sqft

Source: Dubai Land Department. Updated 24 June 2018.

Key facts

Type
2-bed hotel apartment
Size
1,647 sqft
Floor
42nd of 58
Parking
B3-143
Developer
Emaar
Completed
2019
Last sold
AED 5.14M · June 2018

About 4203, The Address Residence Sky View 1

4203 is a two-bedroom hotel apartment of 1,647 sqft on the 42nd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 24 June 2018 for AED 5,137,888, or AED 3,119 per sqft, 29% above the AED 2,411 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4203 over time

Sales
Unit 4203, 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 by developer, June 2018: AED 5,137,888 (AED 3,119 per sqft)

4203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4203, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical 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 300,000

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 4203 sits

All 159 2-beds →

4203 last sold in June 2018 at AED 3,119 per sqft, 29% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,411). 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.

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
42012-bedAED 5.5M · Oct 2025
42023-bedAED 4.6M · Apr 2017
42043-bedAED 6.96M · Aug 2019
42052-bedAED 7.25M · Nov 2024
42063-bedAED 4.86M · Mar 2017
42072-bedAED 3.73M · Jan 2014

4203, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 24 June 2018 for AED 5,137,888, or AED 3,119 per sqft.
  • 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 24 June 2018.

Questions about 4203, The Address Residence Sky View 1

What did unit 4203 last sell for?

AED 5,137,888 on 24 June 2018, sold by the developer: AED 3,119 per sqft for 1,647 sqft. It is the only registered sale of the unit.

How big is unit 4203?

1,647 sqft (153.0 sqm): a two-bedroom hotel apartment on the 42nd floor of a 58-storey tower completed in 2019.

What is unit 4203 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 4203, The Address Residence Sky View 1

Starts from the last sale price (AED 5.14M, 24 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 5,137,888
Deposit, UAE resident (20%)
AED 1,027,578
Deposit, non-resident (40%)
AED 2,055,155
Monthly over 25 years at 3.7%
AED 21,021

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