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3-bed · 2,134 sqftThe Address Residence Sky View 1, Downtown Dubai · 46th floor · completed 2019

4605, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4605 · DLD and Ejari recordsUpdated 28 June 2021
Last soldAED 7.2M28 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4605, The Address Residence Sky View 1

What is 4605 worth today?

Last sold for AED 7,200,000 in 2021

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28 Jun 2021SoldReady
AED 7,200,000AED 3,374 per sqft
27 Aug 2020SoldReady
AED 1,750,000AED 820 per sqft
3 Dec 2013Sold by developerOff-plan
AED 4,999,888AED 2,343 per sqft

Source: Dubai Land Department. Updated 28 June 2021.

Key facts

Type
3-bed hotel apartment
Size
2,134 sqft
Floor
46th of 58
Parking
B2-216, B2-215
Developer
Emaar
Completed
2019
Last sold
AED 7.2M · June 2021
Building
The Address Residence Sky View 1

About 4605, The Address Residence Sky View 1

4605 is a three-bedroom hotel apartment of 2,134 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 28 June 2021 for AED 7,200,000, or AED 3,374 per sqft, 57% above the AED 2,153 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4605 over time

Sales
Unit 4605, each saleTypical three-bed in The Address Residence Sky View 1
5M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, December 2013: AED 4,999,888 (AED 2,343 per sqft)Sold, August 2020: AED 1,750,000 (AED 820 per sqft)Sold, June 2021: AED 7,200,000 (AED 3,374 per sqft)

4605 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4605, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000

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 4605 sits

All 121 3-beds →

4605 last sold in June 2021 at AED 3,374 per sqft, 57% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,153). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
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
Value
46014-bedAED 5.94M · Dec 2013
46024-bedAED 11M · Dec 2023
46033-bedAED 7.37M · Apr 2014
46045-bedAED 9.2M · Dec 2014

4605, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 3 December 2013 for AED 4,999,888, last on 28 June 2021 for AED 7,200,000 (AED 3,374 per sqft).
  • 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 28 June 2021.

Questions about 4605, The Address Residence Sky View 1

What did unit 4605 last sell for?

AED 7,200,000 on 28 June 2021: AED 3,374 per sqft for 2,134 sqft. The unit has 3 registered sales; the first was AED 4,999,888 in December 2013.

How big is unit 4605?

2,134 sqft (198.3 sqm): a three-bedroom hotel apartment on the 46th floor of a 58-storey tower completed in 2019.

What is unit 4605 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 4605, The Address Residence Sky View 1

Starts from the last sale price (AED 7.2M, 28 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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