4504, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4504, The Address Residence Sky View 1
What is 4504 worth today?
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Source: Dubai Land Department. Updated 26 February 2025.
Key facts
- Type
- 5-bed hotel apartment
- Size
- 3,130 sqft
- Floor
- 45th of 58
- Parking
- B2-388, B2-435, B2-436
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 17M · February 2025
- Building
- The Address Residence Sky View 1
About 4504, The Address Residence Sky View 1
4504 is a five-bedroom hotel apartment of 3,130 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 26 February 2025 for AED 17,000,000, or AED 5,431 per sqft.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 25 January 2025, is AED 925,000 a year: a gross yield of 5.4% on the 2025 price.
5-beds in The Address Residence Sky View 1, and where 4504 sits
All 6 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202515 October 2025 | 3,130 sqft | 14,500,000 | 4,632 | ||
| 9 Jan 20249 January 2024 | 3,130 sqft | 14,500,000 | 4,632 | ||
| 30 Nov 202230 November 2022 | 8,309 sqft | 30,000,000 | 3,610 | ||
| 23 May 202223 May 2022 | 3,130 sqft | 10,000,000 | 3,194 |
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 14504, The Address Residence Sky View 1 in numbers
- Sold twice: first on 14 November 2021 for AED 10,500,000, last on 26 February 2025 for AED 17,000,000 (AED 5,431 per sqft).
- Rented since October 2021 on 5 Ejari contracts, from AED 850,000 to AED 925,000 a year.
- At AED 925,000 a year the gross yield on the 2025 price is 5.4%.
Source: Dubai Land Department. Updated 26 February 2025.
Questions about 4504, The Address Residence Sky View 1
What did unit 4504 last sell for?
AED 17,000,000 on 26 February 2025: AED 5,431 per sqft for 3,130 sqft. The unit has 2 registered sales; the first was AED 10,500,000 in November 2021.
What is the rent for unit 4504?
AED 925,000 a year on the contract renewed on 25 January 2025. The previous contract, from January 2025, was AED 925,000; the unit has been rented since October 2021.
How big is unit 4504?
3,130 sqft (290.8 sqm): a five-bedroom hotel apartment on the 45th floor of a 58-storey tower completed in 2019.
What is unit 4504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4504, The Address Residence Sky View 1
Starts from the last sale price (AED 17M, 26 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 17,000,000
- Deposit, UAE resident (20%)
- AED 3,400,000
- Deposit, non-resident (40%)
- AED 6,800,000
- Monthly over 25 years at 3.7%
- AED 69,552
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →