507, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, The Address Residence Sky View 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 11 February 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,518 sqft
- Floor
- 5th of 58
- Parking
- B3-486
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.5M · February 2026
- Building
- The Address Residence Sky View 1
About 507, The Address Residence Sky View 1
507 is a two-bedroom hotel apartment of 1,518 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 11 February 2026 for AED 5,500,000, or AED 3,622 per sqft, in line with the AED 3,635 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 159 2-beds →507 last sold in February 2026 at AED 3,622 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,635). 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.
| 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 | ||
| 503 | 2-bed | 1,519 sqft | AED 5.7MAED 5,700,000 · Jan 2026January 2026 | 120,000 /yr | |
| 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 | |
| 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 |
507, The Address Residence Sky View 1 in numbers
- Sold twice: first on 3 December 2013 for AED 3,734,888, last on 11 February 2026 for AED 5,500,000 (AED 3,622 per sqft).
- 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 11 February 2026.
Questions about 507, The Address Residence Sky View 1
What did unit 507 last sell for?
AED 5,500,000 on 11 February 2026: AED 3,622 per sqft for 1,518 sqft. The unit has 2 registered sales; the first was AED 3,734,888 in December 2013.
How big is unit 507?
1,518 sqft (141.0 sqm): a two-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2019.
What is unit 507 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 507, The Address Residence Sky View 1
Starts from the last sale price (AED 5.5M, 11 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,000
- Deposit, UAE resident (20%)
- AED 1,100,000
- Deposit, non-resident (40%)
- AED 2,200,000
- Monthly over 25 years at 3.7%
- AED 22,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →