4-bed · 2,538 sqftThe Address Residence Sky View 1, Downtown Dubai · 44th floor · completed 2019

4401, The Address Residence Sky View 1

Sold prices and rental history: sold 4 times, last in January 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4401 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 7.5M7 January 2016
Current rentAED 450K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4401, The Address Residence Sky View 1

What is 4401 worth today?

Last sold for AED 7,500,000 in 2016

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7 Feb 2025RentedRenewal
AED 450,000/yr12 months · AED 177 per sqft
7 Feb 2025RentedRenewal
AED 450,000/yr12 months · AED 177 per sqft
18 Mar 2022RentedNew contract
AED 675,000/yr12 months · AED 267 per sqft
13 Mar 2021RentedNew contract
AED 410,000/yr12 months · AED 161 per sqft
7 Jan 2016SoldOff-plan
AED 7,500,000AED 2,955 per sqft
15 Dec 2015SoldOff-plan
AED 7,500,000AED 2,955 per sqft
17 Jul 2014SoldOff-plan
AED 6,225,332AED 2,453 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,928,888AED 2,336 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
4-bed hotel apartment
Size
2,538 sqft
Floor
44th of 58
Parking
B3-432, B3-169, B3-170
Developer
Emaar
Completed
2019
Last sold
AED 7.5M · January 2016

About 4401, The Address Residence Sky View 1

4401 is a four-bedroom hotel apartment of 2,538 sqft on the 44th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 7 January 2016 for AED 7,500,000, or AED 2,955 per sqft, 14% below the AED 3,454 four-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 7 February 2025, is AED 450,000 a year: a gross yield of 6.0% on the 2016 price.

Sales and rents for 4401 over time

Sales
Unit 4401, each saleTypical four-bed in The Address Residence Sky View 1
5M10M2013201620192022Typical sale price by year: 2013 AED 6,299,388; 2015 AED 12,072,388; 2016 AED 10,500,000; 2019 AED 6,868,444; 2021 AED 9,500,000; 2023 AED 13,250,000Sold by developer, December 2013: AED 5,928,888 (AED 2,336 per sqft)Sold, July 2014: AED 6,225,332 (AED 2,453 per sqft)Sold, December 2015: AED 7,500,000 (AED 2,955 per sqft)Sold, January 2016: AED 7,500,000 (AED 2,955 per sqft)

4401 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4401, each contractTypical four-bed in The Address Residence Sky View 1
400K600K202120232025Typical rent by year: 2021 AED 350,000; 2025 AED 625,000New contract, March 2021: AED 410,000 a yearNew contract, March 2022: AED 675,000 a yearRenewal, February 2025: AED 450,000 a yearRenewal, February 2025: AED 450,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in The Address Residence Sky View 1, and where 4401 sits

All 16 4-beds →

4401 last sold in January 2016 at AED 2,955 per sqft, 14% below what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,454). Over the last 12 months four-beds sold for AED 9,000,000, around AED 3,546 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
8 Jan 20269,000,000
28 May 20259,500,000
22 Apr 20243,765,500
1 Apr 202412,500,000
1 4-bed sale 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
44024-bedAED 11M · Sep 2023
44033-bedAED 3.38M · Jan 2022
44045-bedAED 10M · May 2022
44053-bedAED 6M · Mar 2026

4401, The Address Residence Sky View 1 in numbers

  • Sold 4 times: first on 2 December 2013 for AED 5,928,888, last on 7 January 2016 for AED 7,500,000 (AED 2,955 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 410,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2016 price is 6.0%.
  • Four-beds in The Address Residence Sky View 1 sold for AED 9,000,000–9,000,000 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 7 February 2025.

Questions about 4401, The Address Residence Sky View 1

What did unit 4401 last sell for?

AED 7,500,000 on 7 January 2016: AED 2,955 per sqft for 2,538 sqft. The unit has 4 registered sales; the first was AED 5,928,888 in December 2013.

What is the rent for unit 4401?

AED 450,000 a year on the contract renewed on 7 February 2025. The previous contract, from February 2025, was AED 450,000; the unit has been rented since March 2021.

How big is unit 4401?

2,538 sqft (235.8 sqm): a four-bedroom hotel apartment on the 44th floor of a 58-storey tower completed in 2019.

What is unit 4401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Address Residence Sky View 1 sold for AED 9,000,000 to 9,000,000 in the last 12 months, around AED 3,546 per sqft.

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Mortgage on 4401, The Address Residence Sky View 1

Starts from the last sale price (AED 7.5M, 7 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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