803, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in April 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, The Address Residence Sky View 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 16 February 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,519 sqft
- Floor
- 8th of 58
- Parking
- B3-481
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.15M · April 2014
- Building
- The Address Residence Sky View 1
About 803, The Address Residence Sky View 1
803 is a two-bedroom hotel apartment of 1,519 sqft on the 8th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 21 April 2014 for AED 4,147,977, or AED 2,730 per sqft, 10% above the AED 2,474 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 16 February 2024, is AED 365,000 a year: a gross yield of 8.8% on the 2014 price.
Sales and rents for 803 over time
803 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residence Sky View 1, and where 803 sits
All 159 2-beds →803 last sold in April 2014 at AED 2,730 per sqft, 10% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,474). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year. 803's AED 365,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
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 8th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 3-bed | 1,851 sqft | AED 4.04MAED 4,040,888 · Dec 2013December 2013 | 300,000 /yr | |
| 804 | 2-bed | 849 sqft | AED 4.1MAED 4,102,888 · Dec 2013December 2013 | 330,000 /yr | |
| 805 | 3-bed | 2,428 sqft | AED 6.38MAED 6,375,000 · Jan 2022January 2022 | 230,000 /yr | |
| 806 | 2-bed | 1,699 sqft | AED 3.7MAED 3,700,000 · Jun 2022June 2022 | 390,000 /yr | |
| 807 | 2-bed | 1,518 sqft | AED 3.77MAED 3,770,888 · Dec 2013December 2013 | ||
| 808 | 1-bed | 872 sqft | AED 2.3MAED 2,300,000 · Apr 2023April 2023 | 210,000 /yr | |
| 809 | 1-bed | 1,157 sqft | AED 2.86MAED 2,863,888 · Sep 2015September 2015 | 237,840 /yr |
803, The Address Residence Sky View 1 in numbers
- Sold twice: first on 10 October 2013 for AED 3,770,888, last on 21 April 2014 for AED 4,147,977 (AED 2,730 per sqft).
- Rented since August 2021 on 3 Ejari contracts, from AED 250,000 to AED 365,000 a year.
- At AED 365,000 a year the gross yield on the 2014 price is 8.8%.
- Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 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 16 February 2024.
Questions about 803, The Address Residence Sky View 1
What did unit 803 last sell for?
AED 4,147,977 on 21 April 2014: AED 2,730 per sqft for 1,519 sqft. The unit has 2 registered sales; the first was AED 3,770,888 in October 2013.
What is the rent for unit 803?
AED 365,000 a year on the contract signed on 16 February 2024. The previous contract, from August 2022, was AED 250,000; the unit has been rented since August 2021.
How big is unit 803?
1,519 sqft (141.1 sqm): a two-bedroom hotel apartment on the 8th floor of a 58-storey tower completed in 2019.
What is unit 803 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.
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Mortgage on 803, The Address Residence Sky View 1
Starts from the last sale price (AED 4.15M, 21 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,147,977
- Deposit, UAE resident (20%)
- AED 829,595
- Deposit, non-resident (40%)
- AED 1,659,191
- Monthly over 25 years at 3.7%
- AED 16,971
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →