701, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Address Residence Sky View 1
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 July 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,851 sqft
- Floor
- 7th of 58
- Parking
- B2-186, B2-210
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.03M · December 2013
- Building
- The Address Residence Sky View 1
About 701, The Address Residence Sky View 1
701 is a three-bedroom hotel apartment of 1,851 sqft on the 7th 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 10 December 2013 for AED 4,034,888, or AED 2,180 per sqft, 15% below the AED 2,561 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 July 2022, is AED 300,000 a year: a gross yield of 7.4% on the 2013 price.
Sales and rents for 701 over time
701 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 701 sits
All 121 3-beds →701 last sold in December 2013 at AED 2,180 per sqft, 15% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,561). 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. 701's AED 300,000 is at the bottom 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 7th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 703 | 2-bed | 1,519 sqft | AED 3.76MAED 3,758,888 · Dec 2013December 2013 | 365,000 /yr | |
| 704 | 2-bed | 1,647 sqft | AED 4.09MAED 4,090,888 · Dec 2013December 2013 | ||
| 705 | 3-bed | 2,427 sqft | AED 8.7MAED 8,700,000 · May 2025May 2025 | ||
| 706 | 2-bed | 1,699 sqft | AED 5MAED 5,000,000 · Jun 2023June 2023 | ||
| 707 | 2-bed | 1,518 sqft | AED 4.2MAED 4,200,000 · Jan 2023January 2023 | ||
| 708 | 1-bed | 872 sqft | AED 2.05MAED 2,047,888 · Dec 2013December 2013 | 210,000 /yr | |
| 709 | 1-bed | 1,157 sqft | AED 3MAED 3,000,000 · Aug 2023August 2023 | 200,000 /yr |
701, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 10 December 2013 for AED 4,034,888, or AED 2,180 per sqft.
- Rented since September 2020 on 2 Ejari contracts, from AED 175,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2013 price is 7.4%.
- 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 20 July 2022.
Questions about 701, The Address Residence Sky View 1
What did unit 701 last sell for?
AED 4,034,888 on 10 December 2013, sold by the developer: AED 2,180 per sqft for 1,851 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 300,000 a year on the contract signed on 20 July 2022. The previous contract, from September 2020, was AED 175,000.
How big is unit 701?
1,851 sqft (172.0 sqm): a three-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, The Address Residence Sky View 1
Starts from the last sale price (AED 4.03M, 10 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 4,034,888
- Deposit, UAE resident (20%)
- AED 806,978
- Deposit, non-resident (40%)
- AED 1,613,955
- Monthly over 25 years at 3.7%
- AED 16,508
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →