5501, 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.
Property timeline for 5501, The Address Residence Sky View 1
What is 5501 worth today?
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Source: Dubai Land Department. Updated 16 March 2023.
Key facts
- Type
- 4-bed hotel apartment
- Size
- 8,100 sqft
- Floor
- 55th of 58
- Parking
- B2-403, B2-169, B2-170
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 40M · March 2023
- Building
- The Address Residence Sky View 1
About 5501, The Address Residence Sky View 1
5501 is a four-bedroom hotel apartment of 8,100 sqft on the 55th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 16 March 2023 for AED 40,000,000, or AED 4,938 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5501 over time
5501 has sold twice; the dashed line is the four-bed median of each year in the building.
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 5501 sits
All 16 4-beds →Over the last 12 months four-beds sold for AED 9,000,000, around AED 3,546 per sqft.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 2,538 sqft | 9,000,000 | 3,546 | ||
| 28 May 202528 May 2025 | 2,538 sqft | 9,500,000 | 3,743 | ||
| 22 Apr 202422 April 2024 | 1,269 sqft | 3,765,500 | 2,967 | ||
| 1 Apr 20241 April 2024 | 2,538 sqft | 12,500,000 | 4,925 |
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 55th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5502 | 3-bed | 5,191 sqft | AED 29.75MAED 29,750,000 · May 2024May 2024 | 1,800,000 /yr |
5501, The Address Residence Sky View 1 in numbers
- Sold twice: first on 11 March 2015 for AED 27,981,888, last on 16 March 2023 for AED 40,000,000 (AED 4,938 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 16 March 2023.
Questions about 5501, The Address Residence Sky View 1
What did unit 5501 last sell for?
AED 40,000,000 on 16 March 2023: AED 4,938 per sqft for 8,100 sqft. The unit has 2 registered sales; the first was AED 27,981,888 in March 2015.
How big is unit 5501?
8,100 sqft (752.5 sqm): a four-bedroom hotel apartment on the 55th floor of a 58-storey tower completed in 2019.
What is unit 5501 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 5501, The Address Residence Sky View 1
Starts from the last sale price (AED 40M, 16 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 40,000,000
- Deposit, UAE resident (20%)
- AED 8,000,000
- Deposit, non-resident (40%)
- AED 16,000,000
- Monthly over 25 years at 3.7%
- AED 163,652
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →