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3-bed · 2,418 sqftThe Address Residence Sky View 1, Downtown Dubai · 53rd floor · completed 2019

5303, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in January 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5303 · DLD and Ejari recordsUpdated 22 January 2015
Last soldAED 8.71M22 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5303, The Address Residence Sky View 1

What is 5303 worth today?

Last sold for AED 8,710,888 in 2015

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22 Jan 2015Sold by developerOff-plan
AED 8,710,888AED 3,603 per sqft

Source: Dubai Land Department. Updated 22 January 2015.

Key facts

Type
3-bed hotel apartment
Size
2,418 sqft
Floor
53rd of 58
Parking
B2-139, B2-138
Developer
Emaar
Completed
2019
Last sold
AED 8.71M · January 2015
Building
The Address Residence Sky View 1

About 5303, The Address Residence Sky View 1

5303 is a three-bedroom hotel apartment of 2,418 sqft on the 53rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 22 January 2015 for AED 8,710,888, or AED 3,603 per sqft, 32% above the AED 2,738 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5303 over time

Sales
Unit 5303, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, January 2015: AED 8,710,888 (AED 3,603 per sqft)

5303 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5303, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000

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 5303 sits

All 121 3-beds →

5303 last sold in January 2015 at AED 3,603 per sqft, 32% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,738). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
7 3-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 53rd floor

All 326 units in The Address Residence Sky View 1
Value
53044-bedAED 15.5M · Mar 2023
53052-bedAED 5.93M · Jan 2015

5303, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 22 January 2015 for AED 8,710,888, or AED 3,603 per sqft.
  • 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 22 January 2015.

Questions about 5303, The Address Residence Sky View 1

What did unit 5303 last sell for?

AED 8,710,888 on 22 January 2015, sold by the developer: AED 3,603 per sqft for 2,418 sqft. It is the only registered sale of the unit.

How big is unit 5303?

2,418 sqft (224.6 sqm): a three-bedroom hotel apartment on the 53rd floor of a 58-storey tower completed in 2019.

What is unit 5303 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 5303, The Address Residence Sky View 1

Starts from the last sale price (AED 8.71M, 22 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 8,710,888
Deposit, UAE resident (20%)
AED 1,742,178
Deposit, non-resident (40%)
AED 3,484,355
Monthly over 25 years at 3.7%
AED 35,639

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