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

4702, The Address Residence Sky View 1

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

Unit 4702 · DLD and Ejari recordsUpdated 4 November 2021
Last soldAED 9.5M4 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4702, The Address Residence Sky View 1

What is 4702 worth today?

Last sold for AED 9,500,000 in 2021

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4 Nov 2021SoldReady
AED 9,500,000AED 3,743 per sqft
30 Jan 2017Sold by developerOff-plan
AED 7,722,888AED 3,043 per sqft

Source: Dubai Land Department. Updated 4 November 2021.

Key facts

Type
4-bed hotel apartment
Size
2,538 sqft
Floor
47th of 58
Parking
B2-409, B2-408
Developer
Emaar
Completed
2019
Last sold
AED 9.5M · November 2021

About 4702, The Address Residence Sky View 1

4702 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 4 November 2021 for AED 9,500,000, or AED 3,743 per sqft, 7% above the AED 3,507 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4702 over time

Sales
Unit 4702, each saleTypical four-bed in The Address Residence Sky View 1
10M2013201620192022Typical 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, January 2017: AED 7,722,888 (AED 3,043 per sqft)Sold, November 2021: AED 9,500,000 (AED 3,743 per sqft)

4702 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4702, each contractTypical four-bed in The Address Residence Sky View 1
400K600K202120232025Typical rent by year: 2021 AED 350,000; 2025 AED 625,000

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 4702 sits

All 16 4-beds →

4702 last sold in November 2021 at AED 3,743 per sqft, 7% above what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,507). 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
8 Jan 20269,000,000
28 May 20259,500,000
22 Apr 20243,765,500
1 Apr 202412,500,000
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
47014-bedAED 9M · Jan 2026
47033-bedAED 7.27M · Aug 2016
47045-bedAED 14.5M · Jan 2024
47053-bedAED 7.35M · Feb 2023

4702, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 30 January 2017 for AED 7,722,888, last on 4 November 2021 for AED 9,500,000 (AED 3,743 per sqft).
  • 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 4 November 2021.

Questions about 4702, The Address Residence Sky View 1

What did unit 4702 last sell for?

AED 9,500,000 on 4 November 2021: AED 3,743 per sqft for 2,538 sqft. The unit has 2 registered sales; the first was AED 7,722,888 in January 2017.

How big is unit 4702?

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 4702 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 4702, The Address Residence Sky View 1

Starts from the last sale price (AED 9.5M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 9,500,000
Deposit, UAE resident (20%)
AED 1,900,000
Deposit, non-resident (40%)
AED 3,800,000
Monthly over 25 years at 3.7%
AED 38,867

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