5601, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in June 2016, 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 5601, The Address Residence Sky View 1
What is 5601 worth today?
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Source: Dubai Land Department. Updated 13 June 2016.
Key facts
- Type
- 4-bed hotel apartment
- Size
- 7,435 sqft
- Floor
- 56th of 58
- Parking
- B2-398, B2-163, B2-164
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 24.94M · June 2016
- Building
- The Address Residence Sky View 1
About 5601, The Address Residence Sky View 1
5601 is a four-bedroom hotel apartment of 7,435 sqft on the 56th 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 13 June 2016 for AED 24,935,888, or AED 3,353 per sqft, 9% above the AED 3,077 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5601 over time
5601 has sold once; 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 5601 sits
All 16 4-beds →5601 last sold in June 2016 at AED 3,353 per sqft, 9% above what four-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,077). 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 56th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5602 | 3-bed | 5,193 sqft | AED 19.26MAED 19,260,888 · Sep 2020September 2020 |
5601, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 13 June 2016 for AED 24,935,888, or AED 3,353 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 13 June 2016.
Questions about 5601, The Address Residence Sky View 1
What did unit 5601 last sell for?
AED 24,935,888 on 13 June 2016, sold by the developer: AED 3,353 per sqft for 7,435 sqft. It is the only registered sale of the unit.
How big is unit 5601?
7,435 sqft (690.7 sqm): a four-bedroom hotel apartment on the 56th floor of a 58-storey tower completed in 2019.
What is unit 5601 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 5601, The Address Residence Sky View 1
Starts from the last sale price (AED 24.94M, 13 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 24,935,888
- Deposit, UAE resident (20%)
- AED 4,987,178
- Deposit, non-resident (40%)
- AED 9,974,355
- Monthly over 25 years at 3.7%
- AED 102,020
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →