4-bed · 2,538 sqftThe Address Residence Sky View 1, Downtown Dubai · 47th floor · completed 2019

4701, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in January 2026, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 8 January 2026
Last soldAED 9M8 January 2026
Current rentAED 120K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, The Address Residence Sky View 1

What is 4701 worth today?

Last sold for AED 9,000,000 in 2026

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8 Jan 2026SoldReady
AED 9,000,000AED 3,546 per sqft
1 May 2021RentedNew contract
AED 120,000/yr12 months · AED 47 per sqft
18 Apr 2018Sold by developerOff-plan
AED 6,796,888AED 2,678 per sqft

Source: Dubai Land Department. Updated 8 January 2026.

Key facts

Type
4-bed hotel apartment
Size
2,538 sqft
Floor
47th of 58
Parking
B3-427, B3-159, B3-160
Developer
Emaar
Completed
2019
Last sold
AED 9M · January 2026

About 4701, The Address Residence Sky View 1

4701 is a four-bedroom hotel apartment of 2,538 sqft on the 47th 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 January 2026 for AED 9,000,000, or AED 3,546 per sqft.

One Ejari contract is registered, from 1 May 2021. The current contract, signed on 1 May 2021, is AED 120,000 a year: a gross yield of 1.3% on the 2026 price.

Sales and rents for 4701 over time

Sales
Unit 4701, each saleTypical four-bed in The Address Residence Sky View 1
10M2013201720212025Typical sale price by year: 2013 AED 6,299,388; 2015 AED 12,072,388; 2016 AED 10,500,000; 2019 AED 6,868,444; 2021 AED 9,500,000; 2023 AED 13,250,000Sold by developer, April 2018: AED 6,796,888 (AED 2,678 per sqft)Sold, January 2026: AED 9,000,000 (AED 3,546 per sqft)

4701 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4701, each contractTypical four-bed in The Address Residence Sky View 1
250K500K202120232025Typical rent by year: 2021 AED 350,000; 2025 AED 625,000New contract, May 2021: AED 120,000 a year

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 4701 sits

All 16 4-beds →

Over the last 12 months four-beds sold for AED 9,000,000, around AED 3,546 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
28 May 20259,500,000
22 Apr 20243,765,500
1 Apr 202412,500,000
8 Dec 202311,000,000
1 4-bed sale 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 →
Value
47024-bedAED 9.5M · Nov 2021
47033-bedAED 7.27M · Aug 2016
47045-bedAED 14.5M · Jan 2024
47053-bedAED 7.35M · Feb 2023

4701, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 18 April 2018 for AED 6,796,888, last on 8 January 2026 for AED 9,000,000 (AED 3,546 per sqft).
  • Rented since May 2021 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 1.3%.
  • 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 8 January 2026.

Questions about 4701, The Address Residence Sky View 1

What did unit 4701 last sell for?

AED 9,000,000 on 8 January 2026: AED 3,546 per sqft for 2,538 sqft. The unit has 2 registered sales; the first was AED 6,796,888 in April 2018.

What is the rent for unit 4701?

AED 120,000 a year on the contract signed on 1 May 2021.

How big is unit 4701?

2,538 sqft (235.8 sqm): a four-bedroom hotel apartment on the 47th floor of a 58-storey tower completed in 2019.

What is unit 4701 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 4701, The Address Residence Sky View 1

Starts from the last sale price (AED 9M, 8 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

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