4705, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in February 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4705, The Address Residence Sky View 1
What is 4705 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,134 sqft
- Floor
- 47th of 58
- Parking
- B3-430, B3-165, B3-166
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 7.35M · February 2023
- Building
- The Address Residence Sky View 1
About 4705, The Address Residence Sky View 1
4705 is a three-bedroom hotel apartment of 2,134 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 22 February 2023 for AED 7,350,000, or AED 3,444 per sqft, 13% above the AED 3,045 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 April 2024. The current contract, signed on 15 April 2024, is AED 537,880 a year: a gross yield of 7.3% on the 2023 price.
Sales and rents for 4705 over time
4705 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 4705 sits
All 121 3-beds →4705 last sold in February 2023 at AED 3,444 per sqft, 13% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,045). 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. 4705's AED 537,880 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 4704 | 5-bed | 3,130 sqft | AED 14.5MAED 14,500,000 · Jan 2024January 2024 | 550,000 /yr |
4705, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 7 May 2018 for AED 5,813,888, last on 22 February 2023 for AED 7,350,000 (AED 3,444 per sqft).
- Rented since April 2024 on one Ejari contract, at AED 537,880 a year.
- At AED 537,880 a year the gross yield on the 2023 price is 7.3%.
- 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 15 April 2024.
Questions about 4705, The Address Residence Sky View 1
What did unit 4705 last sell for?
AED 7,350,000 on 22 February 2023: AED 3,444 per sqft for 2,134 sqft. The unit has 3 registered sales; the first was AED 5,813,888 in May 2018.
What is the rent for unit 4705?
AED 537,880 a year on the contract signed on 15 April 2024.
How big is unit 4705?
2,134 sqft (198.3 sqm): a three-bedroom hotel apartment on the 47th floor of a 58-storey tower completed in 2019.
What is unit 4705 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 4705, The Address Residence Sky View 1
Starts from the last sale price (AED 7.35M, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 7,350,000
- Deposit, UAE resident (20%)
- AED 1,470,000
- Deposit, non-resident (40%)
- AED 2,940,000
- Monthly over 25 years at 3.7%
- AED 30,071
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →