3-bed · 2,019 sqftThe Address Residence Sky View 1, Downtown Dubai · 43rd floor · completed 2019

4306, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in October 2013, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4306 · DLD and Ejari recordsUpdated 27 August 2022
Last soldAED 5.42M6 October 2013
Current rentAED 450K /yr27 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4306, The Address Residence Sky View 1

What is 4306 worth today?

Last sold for AED 5,415,888 in 2013

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27 Aug 2022RentedNew contract
AED 450,000/yr12 months · AED 222 per sqft
6 Oct 2013Sold by developerOff-plan
AED 5,415,888AED 2,682 per sqft

Source: Dubai Land Department. Updated 27 August 2022.

Key facts

Type
3-bed hotel apartment
Size
2,019 sqft
Floor
43rd of 58
Parking
B2-193, B2-206
Developer
Emaar
Completed
2019
Last sold
AED 5.42M · October 2013

About 4306, The Address Residence Sky View 1

4306 is a three-bedroom hotel apartment of 2,019 sqft on the 43rd 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 6 October 2013 for AED 5,415,888, or AED 2,682 per sqft, 6% above the AED 2,529 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 August 2022. The current contract, signed on 27 August 2022, is AED 450,000 a year: a gross yield of 8.3% on the 2013 price.

Sales and rents for 4306 over time

Sales
Unit 4306, 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 5,415,888 (AED 2,682 per sqft)

4306 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4306, 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, August 2022: AED 450,000 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 4306 sits

All 121 3-beds →

4306 last sold in October 2013 at AED 2,682 per sqft, 6% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,529). 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. 4306's AED 450,000 is in the lower 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
43012-bedAED 4.4M · Jul 2025
43023-bedAED 6.5M · May 2026
43032-bedAED 4.9M · Oct 2021
43043-bedAED 7.12M · Sep 2020
43052-bedAED 7.2M · Feb 2024
43072-bedAED 4.21M · Jun 2016

4306, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 6 October 2013 for AED 5,415,888, or AED 2,682 per sqft.
  • Rented since August 2022 on one Ejari contract, at AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2013 price is 8.3%.
  • 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 27 August 2022.

Questions about 4306, The Address Residence Sky View 1

What did unit 4306 last sell for?

AED 5,415,888 on 6 October 2013, sold by the developer: AED 2,682 per sqft for 2,019 sqft. It is the only registered sale of the unit.

What is the rent for unit 4306?

AED 450,000 a year on the contract signed on 27 August 2022.

How big is unit 4306?

2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 43rd floor of a 58-storey tower completed in 2019.

What is unit 4306 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 4306, The Address Residence Sky View 1

Starts from the last sale price (AED 5.42M, 6 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,415,888
Deposit, UAE resident (20%)
AED 1,083,178
Deposit, non-resident (40%)
AED 2,166,355
Monthly over 25 years at 3.7%
AED 22,158

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