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2-bed · 1,945 sqftThe Address Residence Sky View 1, Downtown Dubai · 51st floor · completed 2019

5105, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5105 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 7M3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5105, The Address Residence Sky View 1

What is 5105 worth today?

Last sold for AED 7,000,000 in 2024

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3 Jun 2024SoldReady
AED 7,000,000AED 3,598 per sqft
22 Jan 2015Sold by developerOff-plan
AED 5,891,888AED 3,029 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed hotel apartment
Size
1,945 sqft
Floor
51st of 58
Parking
B3-442, B3-464, B3-465
Developer
Emaar
Completed
2019
Last sold
AED 7M · June 2024
Building
The Address Residence Sky View 1

About 5105, The Address Residence Sky View 1

5105 is a two-bedroom hotel apartment of 1,945 sqft on the 51st floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 3 June 2024 for AED 7,000,000, or AED 3,598 per sqft, in line with the AED 3,707 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5105 over time

Sales
Unit 5105, each saleTypical two-bed in The Address Residence Sky View 1
2M4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, January 2015: AED 5,891,888 (AED 3,029 per sqft)Sold, June 2024: AED 7,000,000 (AED 3,598 per sqft)

5105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5105, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000

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 5105 sits

All 159 2-beds →

5105 last sold in June 2024 at AED 3,598 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,707). 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 salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-bed sales 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 51st floor

All 326 units in The Address Residence Sky View 1
Value
51033-bedAED 18.8M · Mar 2023
51044-bedAED 13M · Apr 2019

5105, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 22 January 2015 for AED 5,891,888, last on 3 June 2024 for AED 7,000,000 (AED 3,598 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 3 June 2024.

Questions about 5105, The Address Residence Sky View 1

What did unit 5105 last sell for?

AED 7,000,000 on 3 June 2024: AED 3,598 per sqft for 1,945 sqft. The unit has 2 registered sales; the first was AED 5,891,888 in January 2015.

How big is unit 5105?

1,945 sqft (180.7 sqm): a two-bedroom hotel apartment on the 51st floor of a 58-storey tower completed in 2019.

What is unit 5105 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 5105, The Address Residence Sky View 1

Starts from the last sale price (AED 7M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →