4704, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4704, The Address Residence Sky View 1
What is 4704 worth today?
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Source: Dubai Land Department. Updated 9 January 2024.
Key facts
- Type
- 5-bed hotel apartment
- Size
- 3,130 sqft
- Floor
- 47th of 58
- Parking
- B2-133, B2-128, B2-129
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 14.5M · January 2024
- Building
- The Address Residence Sky View 1
About 4704, The Address Residence Sky View 1
4704 is a five-bedroom hotel apartment of 3,130 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 9 January 2024 for AED 14,500,000, or AED 4,632 per sqft.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 13 October 2022, is AED 550,000 a year: a gross yield of 3.8% on the 2024 price.
5-beds in The Address Residence Sky View 1, and where 4704 sits
All 6 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202515 October 2025 | 3,130 sqft | 14,500,000 | 4,632 | ||
| 26 Feb 202526 February 2025 | 3,130 sqft | 17,000,000 | 5,431 | ||
| 30 Nov 202230 November 2022 | 8,309 sqft | 30,000,000 | 3,610 | ||
| 23 May 202223 May 2022 | 3,130 sqft | 10,000,000 | 3,194 |
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 47th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | 4-bed | 2,538 sqft | AED 9MAED 9,000,000 · Jan 2026January 2026 | 120,000 /yr | |
| 4702 | 4-bed | 2,538 sqft | AED 9.5MAED 9,500,000 · Nov 2021November 2021 | ||
| 4703 | 3-bed | 2,428 sqft | AED 7.27MAED 7,272,888 · Aug 2016August 2016 | 550,000 /yr | |
| 4705 | 3-bed | 2,134 sqft | AED 7.35MAED 7,350,000 · Feb 2023February 2023 | 537,880 /yr |
4704, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 22 May 2017 for AED 9,704,888, last on 9 January 2024 for AED 14,500,000 (AED 4,632 per sqft).
- Rented since September 2021 on 2 Ejari contracts, from AED 850,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2024 price is 3.8%.
Source: Dubai Land Department. Updated 9 January 2024.
Questions about 4704, The Address Residence Sky View 1
What did unit 4704 last sell for?
AED 14,500,000 on 9 January 2024: AED 4,632 per sqft for 3,130 sqft. The unit has 3 registered sales; the first was AED 9,704,888 in May 2017.
What is the rent for unit 4704?
AED 550,000 a year on the contract signed on 13 October 2022. The previous contract, from September 2021, was AED 850,000.
How big is unit 4704?
3,130 sqft (290.8 sqm): a five-bedroom hotel apartment on the 47th floor of a 58-storey tower completed in 2019.
What is unit 4704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4704, The Address Residence Sky View 1
Starts from the last sale price (AED 14.5M, 9 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 14,500,000
- Deposit, UAE resident (20%)
- AED 2,900,000
- Deposit, non-resident (40%)
- AED 5,800,000
- Monthly over 25 years at 3.7%
- AED 59,324
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →