4205, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4205, The Address Residence Sky View 1
What is 4205 worth today?
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Source: Dubai Land Department. Updated 18 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 42nd of 58
- Parking
- B3-144
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 7.25M · November 2024
- Building
- The Address Residence Sky View 1
About 4205, The Address Residence Sky View 1
4205 is a two-bedroom hotel apartment of 1,699 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 18 November 2024 for AED 7,250,000, or AED 4,267 per sqft, 10% above the AED 3,885 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 440,000 a year: a gross yield of 6.1% on the 2024 price.
Sales and rents for 4205 over time
4205 has sold 3 times; 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 4205 sits
All 159 2-beds →4205 last sold in November 2024 at AED 4,267 per sqft, 10% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,885). 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. 4205's AED 440,000 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 42nd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4201 | 2-bed | 1,329 sqft | AED 5.5MAED 5,500,000 · Oct 2025October 2025 | 260,000 /yr | |
| 4202 | 3-bed | 2,020 sqft | AED 4.6MAED 4,595,005 · Apr 2017April 2017 | 550,000 /yr | |
| 4203 | 2-bed | 1,647 sqft | AED 5.14MAED 5,137,888 · Jun 2018June 2018 | ||
| 4204 | 3-bed | 2,288 sqft | AED 6.96MAED 6,962,888 · Aug 2019August 2019 | ||
| 4206 | 3-bed | 2,019 sqft | AED 4.86MAED 4,861,766 · Mar 2017March 2017 | 510,000 /yr | |
| 4207 | 2-bed | 1,543 sqft | AED 3.73MAED 3,727,455 · Jan 2014January 2014 | 340,000 /yr |
4205, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 20 February 2019 for AED 5,137,888, last on 18 November 2024 for AED 7,250,000 (AED 4,267 per sqft).
- Rented since April 2022 on 3 Ejari contracts, from AED 365,000 to AED 440,000 a year.
- At AED 440,000 a year the gross yield on the 2024 price is 6.1%.
- 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 18 November 2024.
Questions about 4205, The Address Residence Sky View 1
What did unit 4205 last sell for?
AED 7,250,000 on 18 November 2024: AED 4,267 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 5,137,888 in February 2019.
What is the rent for unit 4205?
AED 440,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 383,250; the unit has been rented since April 2022.
How big is unit 4205?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 42nd floor of a 58-storey tower completed in 2019.
What is unit 4205 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 4205, The Address Residence Sky View 1
Starts from the last sale price (AED 7.25M, 18 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 7,250,000
- Deposit, UAE resident (20%)
- AED 1,450,000
- Deposit, non-resident (40%)
- AED 2,900,000
- Monthly over 25 years at 3.7%
- AED 29,662
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →