3-bed · 2,428 sqftThe Address Residence Sky View 1, Downtown Dubai · 46th floor · completed 2019

4603, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in April 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 4603 · DLD and Ejari recordsUpdated 1 May 2022

Last soldAED 7.37M3 April 2014

Current rentAED 360K /yr1 May 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 4603, The Address Residence Sky View 1

Today

What is 4603 worth today?

Last sold for AED 7,367,865 in 2014

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1 May 2022

1 May 2022RentedRenewal

AED 360,000/yr12 months · AED 148 per sqft

1 May 2021

1 May 2021RentedNew contract

AED 300,000/yr12 months · AED 124 per sqft

28 Nov 2020

28 Nov 2020RentedNew contract

AED 330,000/yr12 months · AED 136 per sqft

3 Apr 2014

3 Apr 2014SoldOff-plan

AED 7,367,865AED 3,035 per sqft

25 Sep 2013

25 Sep 2013Sold by developerOff-plan

AED 6,139,888AED 2,529 per sqft

Source: Dubai Land Department. Updated 1 May 2022.

Key facts

Type: 3-bed hotel apartment
Size: 2,428 sqft
Floor: 46th of 58
Parking: B2-151, B2-148
Developer: Emaar
Completed: 2019
Last sold: AED 7.37M · April 2014
Building: The Address Residence Sky View 1

About 4603, The Address Residence Sky View 1

4603 is a three-bedroom hotel apartment of 2,428 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 3 April 2014 for AED 7,367,865, or AED 3,035 per sqft, 18% above the AED 2,563 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 360,000 a year: a gross yield of 4.9% on the 2014 price.

Sales and rents for 4603 over time

Sales

Unit 4603, each saleTypical three-bed in The Address Residence Sky View 1

4603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents

Unit 4603, each contractTypical three-bed in The Address Residence Sky View 1

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

3-beds in The Address Residence Sky View 1, and where 4603 sits

All 121 3-beds →

3-beds in The Address Residence Sky View 1 · last 12 months4,257 /sqft The Address Residence Sky View 1 · all types3,825 /sqft

4603 last sold in April 2014 at AED 3,035 per sqft, 18% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,563). Over the last 12 months three-beds sold for AED 6,000,000 to 12,800,000, around AED 4,257 per sqft, and rent for AED 300,000 to 655,000 a year. 4603's AED 360,000 is in the lower half of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
3 Jun 20263 June 2026	2,020 sqft	8,200,000	4,059
4 May 20264 May 2026	2,020 sqft	6,500,000	3,218
18 Mar 202618 March 2026	2,134 sqft	6,000,000	2,811
27 Jan 202627 January 2026	2,428 sqft	12,800,000	5,272

7 3-bed sales 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 →

Other units on the 46th floor

All 326 units in The Address Residence Sky View 1


4601	4-bed	2,538 sqft	AED 5.94MAED 5,942,888 · Dec 2013December 2013
4602	4-bed	2,538 sqft	AED 11MAED 11,000,000 · Dec 2023December 2023	800,000 /yr
4604	5-bed	3,130 sqft	AED 9.2MAED 9,200,276 · Dec 2014December 2014
4605	3-bed	2,134 sqft	AED 7.2MAED 7,200,000 · Jun 2021June 2021

4603, The Address Residence Sky View 1 in numbers

Sold twice: first on 25 September 2013 for AED 6,139,888, last on 3 April 2014 for AED 7,367,865 (AED 3,035 per sqft).
Rented since November 2020 on 3 Ejari contracts, from AED 330,000 to AED 360,000 a year.
At AED 360,000 a year the gross yield on the 2014 price is 4.9%.
Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000–12,800,000 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 May 2022.

Questions about 4603, The Address Residence Sky View 1

What did unit 4603 last sell for?

AED 7,367,865 on 3 April 2014: AED 3,035 per sqft for 2,428 sqft. The unit has 2 registered sales; the first was AED 6,139,888 in September 2013.

What is the rent for unit 4603?

AED 360,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 300,000; the unit has been rented since November 2020.

How big is unit 4603?

2,428 sqft (225.6 sqm): a three-bedroom hotel apartment on the 46th floor of a 58-storey tower completed in 2019.

What is unit 4603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000 to 12,800,000 in the last 12 months, around AED 4,257 per sqft.

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Mortgage on 4603, The Address Residence Sky View 1

Starts from the last sale price (AED 7.37M, 3 April 2014). Switch to today's estimate once you have unlocked it.

Price: AED 7,367,865
Deposit, UAE resident (20%): AED 1,473,573
Deposit, non-resident (40%): AED 2,947,146
Monthly over 25 years at 3.7%: AED 30,144

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