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

4402, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4402 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 11M20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4402, The Address Residence Sky View 1

What is 4402 worth today?

Last sold for AED 11,000,000 in 2023

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20 Sep 2023SoldReady
AED 11,000,000AED 4,334 per sqft
2 Jul 2014SoldOff-plan
AED 7,055,242AED 2,780 per sqft
2 Oct 2013Sold by developerOff-plan
AED 6,655,888AED 2,622 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
4-bed hotel apartment
Size
2,538 sqft
Floor
44th of 58
Parking
B3-428, B3-161, B3-162
Developer
Emaar
Completed
2019
Last sold
AED 11M · September 2023

About 4402, The Address Residence Sky View 1

4402 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 20 September 2023 for AED 11,000,000, or AED 4,334 per sqft, 8% below the AED 4,713 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4402 over time

Sales
Unit 4402, each saleTypical four-bed in The Address Residence Sky View 1
10M2013201620192022Typical 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, October 2013: AED 6,655,888 (AED 2,622 per sqft)Sold, July 2014: AED 7,055,242 (AED 2,780 per sqft)Sold, September 2023: AED 11,000,000 (AED 4,334 per sqft)

4402 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4402, each contractTypical four-bed in The Address Residence Sky View 1
400K600K202120232025Typical rent by year: 2021 AED 350,000; 2025 AED 625,000

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 4402 sits

All 16 4-beds →

4402 last sold in September 2023 at AED 4,334 per sqft, 8% below what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,713). 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
44014-bedAED 7.5M · Jan 2016
44033-bedAED 3.38M · Jan 2022
44045-bedAED 10M · May 2022
44053-bedAED 6M · Mar 2026

4402, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 2 October 2013 for AED 6,655,888, last on 20 September 2023 for AED 11,000,000 (AED 4,334 per sqft).
  • 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 20 September 2023.

Questions about 4402, The Address Residence Sky View 1

What did unit 4402 last sell for?

AED 11,000,000 on 20 September 2023: AED 4,334 per sqft for 2,538 sqft. The unit has 3 registered sales; the first was AED 6,655,888 in October 2013.

How big is unit 4402?

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 4402 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 4402, The Address Residence Sky View 1

Starts from the last sale price (AED 11M, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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