605, The Address Residence Sky View 1
Sold prices and rental history: sold 4 times, last in January 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, The Address Residence Sky View 1
What is 605 worth today?
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Source: Dubai Land Department. Updated 28 June 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,428 sqft
- Floor
- 6th of 58
- Parking
- B2-377, B2-376
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.4M · January 2022
- Building
- The Address Residence Sky View 1
About 605, The Address Residence Sky View 1
605 is a three-bedroom hotel apartment of 2,428 sqft on the 6th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 4 January 2022 for AED 6,400,000, or AED 2,636 per sqft, 3% above the AED 2,554 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 28 June 2023, is AED 450,000 a year: a gross yield of 7.0% on the 2022 price.
Sales and rents for 605 over time
605 has sold 4 times; 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 605 sits
All 121 3-beds →605 last sold in January 2022 at AED 2,636 per sqft, 3% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,554). 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. 605's AED 450,000 is in the lower half of that range.
| 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 6th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,851 sqft | AED 4.23MAED 4,230,332 · Nov 2014November 2014 | 300,000 /yr | |
| 603 | 2-bed | 1,519 sqft | AED 4.35MAED 4,350,888 · Jan 2015January 2015 | 340,000 /yr | |
| 604 | 2-bed | 1,699 sqft | AED 3.1MAED 3,100,000 · Dec 2019December 2019 | ||
| 606 | 2-bed | 1,699 sqft | AED 4.08MAED 4,078,888 · Dec 2013December 2013 | 330,000 /yr | |
| 607 | 2-bed | 1,518 sqft | AED 5.6MAED 5,600,000 · Dec 2024December 2024 | 290,000 /yr | |
| 608 | 1-bed | 872 sqft | AED 1.95MAED 1,950,000 · Dec 2021December 2021 | 210,000 /yr | |
| 609 | 1-bed | 1,157 sqft | AED 2.86MAED 2,859,888 · Aug 2015August 2015 |
605, The Address Residence Sky View 1 in numbers
- Sold 4 times: first on 8 July 2013 for AED 5,479,888, last on 4 January 2022 for AED 6,400,000 (AED 2,636 per sqft).
- Rented since October 2020 on 3 Ejari contracts, from AED 319,142 to AED 450,000 a year.
- At AED 450,000 a year the gross yield on the 2022 price is 7.0%.
- 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 28 June 2023.
Questions about 605, The Address Residence Sky View 1
What did unit 605 last sell for?
AED 6,400,000 on 4 January 2022: AED 2,636 per sqft for 2,428 sqft. The unit has 4 registered sales; the first was AED 5,479,888 in July 2013.
What is the rent for unit 605?
AED 450,000 a year on the contract renewed on 28 June 2023. The previous contract, from June 2022, was AED 450,000; the unit has been rented since October 2020.
How big is unit 605?
2,428 sqft (225.6 sqm): a three-bedroom hotel apartment on the 6th floor of a 58-storey tower completed in 2019.
What is unit 605 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 605, The Address Residence Sky View 1
Starts from the last sale price (AED 6.4M, 4 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,400,000
- Deposit, UAE resident (20%)
- AED 1,280,000
- Deposit, non-resident (40%)
- AED 2,560,000
- Monthly over 25 years at 3.7%
- AED 26,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →