4-bed · 2,538 sqftThe Address Residence Sky View 1, Downtown Dubai · 48th floor · completed 2019

4801, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 4801 · DLD and Ejari recordsUpdated 28 May 2025

Last soldAED 9.5M28 May 2025

Current rentAED 526K /yr1 November 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 4801, The Address Residence Sky View 1

Today

What is 4801 worth today?

Last sold for AED 9,500,000 in 2025

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28 May 2025

28 May 2025SoldReady

AED 9,500,000AED 3,743 per sqft

1 Nov 2023

1 Nov 2023RentedNew contract

AED 526,354/yr10 months · AED 207 per sqft

4 Apr 2023

4 Apr 2023SoldReady

AED 7,190,000AED 2,833 per sqft

1 Nov 2022

1 Nov 2022RentedNew contract

AED 500,000/yr12 months · AED 197 per sqft

25 Jul 2021

25 Jul 2021RentedNew contract

AED 350,000/yr12 months · AED 138 per sqft

25 Nov 2020

25 Nov 2020Sold by developerOff-plan

AED 6,500,000AED 2,561 per sqft

Source: Dubai Land Department. Updated 28 May 2025.

Key facts

Type: 4-bed hotel apartment
Size: 2,538 sqft
Floor: 48th of 58
Parking: B3-431, B3-167, B3-168
Developer: Emaar
Completed: 2019
Last sold: AED 9.5M · May 2025
Building: The Address Residence Sky View 1

About 4801, The Address Residence Sky View 1

4801 is a four-bedroom hotel apartment of 2,538 sqft on the 48th 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 May 2025 for AED 9,500,000, or AED 3,743 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 November 2023, is AED 526,354 a year: a gross yield of 5.5% on the 2025 price.

Sales and rents for 4801 over time

Sales

Unit 4801, each saleTypical four-bed in The Address Residence Sky View 1

4801 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents

Unit 4801, each contractTypical four-bed in The Address Residence Sky View 1

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 4801 sits

All 16 4-beds →

4-beds in The Address Residence Sky View 1 · last 12 months3,546 /sqft The Address Residence Sky View 1 · all types3,825 /sqft

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

Recent 4-bed sales	Size	Price (AED)	Per sqft
8 Jan 20268 January 2026	2,538 sqft	9,000,000	3,546
22 Apr 202422 April 2024	1,269 sqft	3,765,500	2,967
1 Apr 20241 April 2024	2,538 sqft	12,500,000	4,925
8 Dec 20238 December 2023	2,538 sqft	11,000,000	4,334

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 →

Other units on the 48th floor

All 326 units in The Address Residence Sky View 1


4802	4-bed	2,538 sqft	AED 7.74MAED 7,736,888 · Aug 2019August 2019
4803	3-bed	2,428 sqft	AED 7.28MAED 7,282,888 · Aug 2020August 2020
4804	5-bed	3,130 sqft	AED 14.5MAED 14,500,000 · Oct 2025October 2025	1,400,000 /yr
4805	3-bed	2,134 sqft	AED 5.82MAED 5,819,888 · Aug 2019August 2019	300,000 /yr

4801, The Address Residence Sky View 1 in numbers

Sold 3 times: first on 25 November 2020 for AED 6,500,000, last on 28 May 2025 for AED 9,500,000 (AED 3,743 per sqft).
Rented since July 2021 on 3 Ejari contracts, from AED 350,000 to AED 526,354 a year.
At AED 526,354 a year the gross yield on the 2025 price is 5.5%.
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 28 May 2025.

Questions about 4801, The Address Residence Sky View 1

What did unit 4801 last sell for?

AED 9,500,000 on 28 May 2025: AED 3,743 per sqft for 2,538 sqft. The unit has 3 registered sales; the first was AED 6,500,000 in November 2020.

What is the rent for unit 4801?

AED 526,354 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 500,000; the unit has been rented since July 2021.

How big is unit 4801?

2,538 sqft (235.8 sqm): a four-bedroom hotel apartment on the 48th floor of a 58-storey tower completed in 2019.

What is unit 4801 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 4801, The Address Residence Sky View 1

Starts from the last sale price (AED 9.5M, 28 May 2025). 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 →