806, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 806, The Address Residence Sky View 1
What is 806 worth today?
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Source: Dubai Land Department. Updated 2 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 8th of 58
- Parking
- B2-100
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.7M · June 2022
- Building
- The Address Residence Sky View 1
About 806, The Address Residence Sky View 1
806 is a two-bedroom hotel apartment of 1,699 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 June 2022 for AED 3,700,000, or AED 2,177 per sqft, 14% below the AED 2,530 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 2 November 2024, is AED 390,000 a year: a gross yield of 10.5% on the 2022 price.
Sales and rents for 806 over time
806 has sold 3 times; 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 806 sits
All 159 2-beds →806 last sold in June 2022 at AED 2,177 per sqft, 14% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,530). 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. 806's AED 390,000 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 | |
| 803 | 2-bed | 1,519 sqft | AED 4.15MAED 4,147,977 · Apr 2014April 2014 | 365,000 /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 | |
| 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 |
806, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 10 December 2013 for AED 4,102,888, last on 21 June 2022 for AED 3,700,000 (AED 2,177 per sqft).
- Rented since February 2020 on 4 Ejari contracts, from AED 200,000 to AED 390,000 a year.
- At AED 390,000 a year the gross yield on the 2022 price is 10.5%.
- 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 2 November 2024.
Questions about 806, The Address Residence Sky View 1
What did unit 806 last sell for?
AED 3,700,000 on 21 June 2022: AED 2,177 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,102,888 in December 2013.
What is the rent for unit 806?
AED 390,000 a year on the contract renewed on 2 November 2024. The previous contract, from November 2023, was AED 390,000; the unit has been rented since February 2020.
How big is unit 806?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 8th floor of a 58-storey tower completed in 2019.
What is unit 806 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 806, The Address Residence Sky View 1
Starts from the last sale price (AED 3.7M, 21 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →