4-bed · 3,288 sqftThe Address Residence Sky View 1, Downtown Dubai · 53rd floor · completed 2019

5304, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5304 · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 15.5M23 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5304, The Address Residence Sky View 1

What is 5304 worth today?

Last sold for AED 15,500,000 in 2023

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23 Mar 2023SoldReady
AED 15,500,000AED 4,713 per sqft
22 Jan 2015Sold by developerOff-plan
AED 11,981,888AED 3,643 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
4-bed hotel apartment
Size
3,288 sqft
Floor
53rd of 58
Parking
B2-387, B2-437, B2-438
Developer
Emaar
Completed
2019
Last sold
AED 15.5M · March 2023

About 5304, The Address Residence Sky View 1

5304 is a four-bedroom hotel apartment of 3,288 sqft on the 53rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 23 March 2023 for AED 15,500,000, or AED 4,713 per sqft, in line with the AED 4,819 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5304 over time

Sales
Unit 5304, each saleTypical four-bed in The Address Residence Sky View 1
5M10M15M2013201620192022Typical sale price by year: 2013 AED 6,299,388; 2015 AED 12,072,388; 2016 AED 10,500,000; 2019 AED 6,868,444; 2021 AED 9,500,000; 2023 AED 13,250,000Sold by developer, January 2015: AED 11,981,888 (AED 3,643 per sqft)Sold, March 2023: AED 15,500,000 (AED 4,713 per sqft)

5304 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5304, each contractTypical four-bed in The Address Residence Sky View 1
400K600K202120232025Typical rent by year: 2021 AED 350,000; 2025 AED 625,000

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 5304 sits

All 16 4-beds →

5304 last sold in March 2023 at AED 4,713 per sqft, in line with what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,819). Over the last 12 months four-beds sold for AED 9,000,000, around AED 3,546 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
8 Jan 20269,000,000
28 May 20259,500,000
22 Apr 20243,765,500
1 Apr 202412,500,000
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 →
Value
53033-bedAED 8.71M · Jan 2015
53052-bedAED 5.93M · Jan 2015

5304, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 22 January 2015 for AED 11,981,888, last on 23 March 2023 for AED 15,500,000 (AED 4,713 per sqft).
  • 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 23 March 2023.

Questions about 5304, The Address Residence Sky View 1

What did unit 5304 last sell for?

AED 15,500,000 on 23 March 2023: AED 4,713 per sqft for 3,288 sqft. The unit has 2 registered sales; the first was AED 11,981,888 in January 2015.

How big is unit 5304?

3,288 sqft (305.5 sqm): a four-bedroom hotel apartment on the 53rd floor of a 58-storey tower completed in 2019.

What is unit 5304 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 5304, The Address Residence Sky View 1

Starts from the last sale price (AED 15.5M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 15,500,000
Deposit, UAE resident (20%)
AED 3,100,000
Deposit, non-resident (40%)
AED 6,200,000
Monthly over 25 years at 3.7%
AED 63,415

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