2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 43rd floor · completed 2019

4303, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in October 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4303 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 4.9M14 October 2021
Current rentAED 587K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4303, The Address Residence Sky View 1

What is 4303 worth today?

Last sold for AED 4,900,000 in 2021

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9 Sep 2024RentedNew contract
AED 587,200/yr12 months · AED 346 per sqft
9 Sep 2023RentedNew contract
AED 587,200/yr12 months · AED 345 per sqft
14 Oct 2021SoldReady
AED 4,900,000AED 2,883 per sqft
9 Mar 2021SoldReady
AED 3,400,000AED 2,001 per sqft
29 Sep 2020RentedNew contract
AED 175,000/yr12 months · AED 103 per sqft
13 Apr 2015Sold by developerOff-plan
AED 4,117,510AED 2,500 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
43rd of 58
Parking
B3-145
Developer
Emaar
Completed
2019
Last sold
AED 4.9M · October 2021

About 4303, The Address Residence Sky View 1

4303 is a two-bedroom hotel apartment of 1,699 sqft on the 43rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 October 2021 for AED 4,900,000, or AED 2,883 per sqft, 45% above the AED 1,982 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 9 September 2024, is AED 587,200 a year: a gross yield of 12.0% on the 2021 price.

Sales and rents for 4303 over time

Sales
Unit 4303, 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, April 2015: AED 4,117,510 (AED 2,500 per sqft)Sold, March 2021: AED 3,400,000 (AED 2,001 per sqft)Sold, October 2021: AED 4,900,000 (AED 2,883 per sqft)

4303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4303, each contractTypical two-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical 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, September 2020: AED 175,000 a yearNew contract, September 2023: AED 587,200 a yearNew contract, September 2024: AED 587,200 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 4303 sits

All 159 2-beds →

4303 last sold in October 2021 at AED 2,883 per sqft, 45% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,982). 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. 4303's AED 587,200 is at the top 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
43012-bedAED 4.4M · Jul 2025
43023-bedAED 6.5M · May 2026
43043-bedAED 7.12M · Sep 2020
43052-bedAED 7.2M · Feb 2024
43063-bedAED 5.42M · Oct 2013
43072-bedAED 4.21M · Jun 2016

4303, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 13 April 2015 for AED 4,117,510, last on 14 October 2021 for AED 4,900,000 (AED 2,883 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 175,000 to AED 587,200 a year.
  • At AED 587,200 a year the gross yield on the 2021 price is 12.0%.
  • 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 9 September 2024.

Questions about 4303, The Address Residence Sky View 1

What did unit 4303 last sell for?

AED 4,900,000 on 14 October 2021: AED 2,883 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,117,510 in April 2015.

What is the rent for unit 4303?

AED 587,200 a year on the contract signed on 9 September 2024. The previous contract, from September 2023, was AED 587,200; the unit has been rented since September 2020.

How big is unit 4303?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 43rd floor of a 58-storey tower completed in 2019.

What is unit 4303 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 4303, The Address Residence Sky View 1

Starts from the last sale price (AED 4.9M, 14 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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