503, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in January 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Address Residence Sky View 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 22 January 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,519 sqft
- Floor
- 5th of 58
- Parking
- B3-487
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.7M · January 2026
- Building
- The Address Residence Sky View 1
About 503, The Address Residence Sky View 1
503 is a two-bedroom hotel apartment of 1,519 sqft on the 5th 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 January 2026 for AED 5,700,000, or AED 3,752 per sqft, in line with the AED 3,648 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 18 January 2023, is AED 120,000 a year: a gross yield of 2.1% on the 2026 price.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residence Sky View 1, and where 503 sits
All 159 2-beds →503 last sold in January 2026 at AED 3,752 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,648). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year. 503's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
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 5th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,851 sqft | AED 4.53MAED 4,533,888 · Mar 2015March 2015 | ||
| 504 | 2-bed | 1,699 sqft | AED 4MAED 4,000,000 · Jan 2025January 2025 | 299,169 /yr | |
| 505 | 3-bed | 2,428 sqft | AED 5.46MAED 5,461,888 · Oct 2013October 2013 | 450,000 /yr | |
| 506 | 2-bed | 1,699 sqft | AED 7.2MAED 7,200,000 · Oct 2024October 2024 | 375,000 /yr | |
| 507 | 2-bed | 1,518 sqft | AED 5.5MAED 5,500,000 · Feb 2026February 2026 | ||
| 508 | 1-bed | 872 sqft | AED 2.04MAED 2,041,888 · Dec 2013December 2013 | 170,000 /yr | |
| 509 | 1-bed | 1,157 sqft | AED 2.46MAED 2,459,888 · Dec 2013December 2013 | 200,000 /yr |
503, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 3 December 2013 for AED 3,734,888, last on 22 January 2026 for AED 5,700,000 (AED 3,752 per sqft).
- Rented since November 2020 on 2 Ejari contracts, from AED 145,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2026 price is 2.1%.
- Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 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 22 January 2026.
Questions about 503, The Address Residence Sky View 1
What did unit 503 last sell for?
AED 5,700,000 on 22 January 2026: AED 3,752 per sqft for 1,519 sqft. The unit has 3 registered sales; the first was AED 3,734,888 in December 2013.
What is the rent for unit 503?
AED 120,000 a year on the contract signed on 18 January 2023. The previous contract, from November 2020, was AED 145,000.
How big is unit 503?
1,519 sqft (141.1 sqm): a two-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2019.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.
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Mortgage on 503, The Address Residence Sky View 1
Starts from the last sale price (AED 5.7M, 22 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 5,700,000
- Deposit, UAE resident (20%)
- AED 1,140,000
- Deposit, non-resident (40%)
- AED 2,280,000
- Monthly over 25 years at 3.7%
- AED 23,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →