3-bed · 5,193 sqftThe Address Residence Sky View 1, Downtown Dubai · 57th floor · completed 2019

5702, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5702 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 33M7 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5702, The Address Residence Sky View 1

What is 5702 worth today?

Last sold for AED 33,000,000 in 2025

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7 Mar 2025SoldReady
AED 33,000,000AED 6,354 per sqft
5 Aug 2019SoldOff-plan
AED 19,269,888AED 3,710 per sqft
1 Nov 2018Sold by developerOff-plan
AED 19,269,888AED 3,710 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
3-bed hotel apartment
Size
5,193 sqft
Floor
57th of 58
Parking
B2-407, B2-177, B2-178
Developer
Emaar
Completed
2019
Last sold
AED 33M · March 2025

About 5702, The Address Residence Sky View 1

5702 is a three-bedroom hotel apartment of 5,193 sqft on the 57th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 7 March 2025 for AED 33,000,000, or AED 6,354 per sqft, 56% above the AED 4,072 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5702 over time

Sales
Unit 5702, each saleTypical three-bed in The Address Residence Sky View 1
020M2013201720212025Typical 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, November 2018: AED 19,269,888 (AED 3,710 per sqft)Sold, August 2019: AED 19,269,888 (AED 3,710 per sqft)Sold, March 2025: AED 33,000,000 (AED 6,354 per sqft)

5702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5702, 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 5702 sits

All 121 3-beds →

5702 last sold in March 2025 at AED 6,354 per sqft, 56% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,072). 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 →
Value
57013-bedAED 45.5M · Mar 2025

5702, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 1 November 2018 for AED 19,269,888, last on 7 March 2025 for AED 33,000,000 (AED 6,354 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 March 2025.

Questions about 5702, The Address Residence Sky View 1

What did unit 5702 last sell for?

AED 33,000,000 on 7 March 2025: AED 6,354 per sqft for 5,193 sqft. The unit has 3 registered sales; the first was AED 19,269,888 in November 2018.

How big is unit 5702?

5,193 sqft (482.4 sqm): a three-bedroom hotel apartment on the 57th floor of a 58-storey tower completed in 2019.

What is unit 5702 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 5702, The Address Residence Sky View 1

Starts from the last sale price (AED 33M, 7 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 33,000,000
Deposit, UAE resident (20%)
AED 6,600,000
Deposit, non-resident (40%)
AED 13,200,000
Monthly over 25 years at 3.7%
AED 135,013

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