4602, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4602, The Address Residence Sky View 1
What is 4602 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 4-bed hotel apartment
- Size
- 2,538 sqft
- Floor
- 46th of 58
- Parking
- B2-399, B2-427, B2-428
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 11M · December 2023
- Building
- The Address Residence Sky View 1
About 4602, The Address Residence Sky View 1
4602 is a four-bedroom hotel apartment of 2,538 sqft on the 46th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 December 2023 for AED 11,000,000, or AED 4,334 per sqft, 4% below the AED 4,524 four-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 July 2025, is AED 800,000 a year: a gross yield of 7.3% on the 2023 price.
Sales and rents for 4602 over time
4602 has sold twice; 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 4602 sits
All 16 4-beds →4602 last sold in December 2023 at AED 4,334 per sqft, 4% below what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,524). 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 | ||
| 1 Apr 20241 April 2024 | 2,538 sqft | 12,500,000 | 4,925 |
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 46th floor
All 326 units in The Address Residence Sky View 14602, The Address Residence Sky View 1 in numbers
- Sold twice: first on 3 December 2013 for AED 6,679,888, last on 8 December 2023 for AED 11,000,000 (AED 4,334 per sqft).
- Rented since July 2025 on 2 Ejari contracts, at AED 800,000 a year.
- At AED 800,000 a year the gross yield on the 2023 price is 7.3%.
- 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 July 2025.
Questions about 4602, The Address Residence Sky View 1
What did unit 4602 last sell for?
AED 11,000,000 on 8 December 2023: AED 4,334 per sqft for 2,538 sqft. The unit has 2 registered sales; the first was AED 6,679,888 in December 2013.
What is the rent for unit 4602?
AED 800,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 800,000.
How big is unit 4602?
2,538 sqft (235.8 sqm): a four-bedroom hotel apartment on the 46th floor of a 58-storey tower completed in 2019.
What is unit 4602 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 4602, The Address Residence Sky View 1
Starts from the last sale price (AED 11M, 8 December 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 →