5602, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in September 2020, 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 5602, The Address Residence Sky View 1
What is 5602 worth today?
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Source: Dubai Land Department. Updated 7 September 2020.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 5,193 sqft
- Floor
- 56th of 58
- Parking
- B2-406, B2-175, B2-176
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 19.26M · September 2020
- Building
- The Address Residence Sky View 1
About 5602, The Address Residence Sky View 1
5602 is a three-bedroom hotel apartment of 5,193 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 7 September 2020 for AED 19,260,888, or AED 3,709 per sqft, 112% above the AED 1,751 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5602 over time
5602 has sold once; the dashed line is the three-bed median of each year in the building.
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 5602 sits
All 121 3-beds →5602 last sold in September 2020 at AED 3,709 per sqft, 112% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,751). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 2,020 sqft | 8,200,000 | 4,059 | ||
| 4 May 20264 May 2026 | 2,020 sqft | 6,500,000 | 3,218 | ||
| 18 Mar 202618 March 2026 | 2,134 sqft | 6,000,000 | 2,811 | ||
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 |
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 | |||||
|---|---|---|---|---|---|
| 5601 | 4-bed | 7,435 sqft | AED 24.94MAED 24,935,888 · Jun 2016June 2016 |
5602, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 7 September 2020 for AED 19,260,888, or AED 3,709 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 7 September 2020.
Questions about 5602, The Address Residence Sky View 1
What did unit 5602 last sell for?
AED 19,260,888 on 7 September 2020, sold by the developer: AED 3,709 per sqft for 5,193 sqft. It is the only registered sale of the unit.
How big is unit 5602?
5,193 sqft (482.4 sqm): a three-bedroom hotel apartment on the 56th floor of a 58-storey tower completed in 2019.
What is unit 5602 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 5602, The Address Residence Sky View 1
Starts from the last sale price (AED 19.26M, 7 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 19,260,888
- Deposit, UAE resident (20%)
- AED 3,852,178
- Deposit, non-resident (40%)
- AED 7,704,355
- Monthly over 25 years at 3.7%
- AED 78,802
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →