4502, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4502, The Address Residence Sky View 1
What is 4502 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 4-bed hotel apartment
- Size
- 2,538 sqft
- Floor
- 45th of 58
- Parking
- B2-381, B2-425, B2-426
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 12.5M · April 2024
- Building
- The Address Residence Sky View 1
About 4502, The Address Residence Sky View 1
4502 is a four-bedroom hotel apartment of 2,538 sqft on the 45th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 1 April 2024 for AED 12,500,000, or AED 4,925 per sqft, 14% above the AED 4,334 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 4502 over time
4502 has sold 3 times; the dashed line is the four-bed median of each year in the building.
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 4502 sits
All 16 4-beds →4502 last sold in April 2024 at AED 4,925 per sqft, 14% above what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,334). Over the last 12 months four-beds sold for AED 9,000,000, around AED 3,546 per sqft.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 2,538 sqft | 9,000,000 | 3,546 | ||
| 28 May 202528 May 2025 | 2,538 sqft | 9,500,000 | 3,743 | ||
| 22 Apr 202422 April 2024 | 1,269 sqft | 3,765,500 | 2,967 | ||
| 8 Dec 20238 December 2023 | 2,538 sqft | 11,000,000 | 4,334 |
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 45th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 4-bed | 1,269 sqft | AED 3.77MAED 3,765,500 · Apr 2024April 2024 | ||
| 4503 | 3-bed | 2,428 sqft | AED 12.8MAED 12,800,000 · Jan 2026January 2026 | 475,000 /yr | |
| 4504 | 5-bed | 3,130 sqft | AED 17MAED 17,000,000 · Feb 2025February 2025 | 925,000 /yr | |
| 4505 | 3-bed | 2,134 sqft | AED 6.45MAED 6,450,000 · Aug 2022August 2022 | 400,000 /yr |
4502, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 4 June 2013 for AED 6,667,888, last on 1 April 2024 for AED 12,500,000 (AED 4,925 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 1 April 2024.
Questions about 4502, The Address Residence Sky View 1
What did unit 4502 last sell for?
AED 12,500,000 on 1 April 2024: AED 4,925 per sqft for 2,538 sqft. The unit has 3 registered sales; the first was AED 6,667,888 in June 2013.
How big is unit 4502?
2,538 sqft (235.8 sqm): a four-bedroom hotel apartment on the 45th floor of a 58-storey tower completed in 2019.
What is unit 4502 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 4502, The Address Residence Sky View 1
Starts from the last sale price (AED 12.5M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 12,500,000
- Deposit, UAE resident (20%)
- AED 2,500,000
- Deposit, non-resident (40%)
- AED 5,000,000
- Monthly over 25 years at 3.7%
- AED 51,141
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →