1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 8th floor · completed 2019

809, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 2.86M1 September 2015
Current rentAED 238K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, The Address Residence Sky View 1

What is 809 worth today?

Last sold for AED 2,863,888 in 2015

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1 Feb 2025RentedRenewal
AED 237,840/yr1 months · AED 206 per sqft
1 Feb 2025RentedRenewal
AED 237,840/yr1 months · AED 206 per sqft
1 Feb 2024RentedRenewal
AED 235,000/yr12 months · AED 203 per sqft
1 Feb 2023RentedRenewal
AED 195,000/yr12 months · AED 169 per sqft
1 Feb 2022RentedNew contract
AED 165,000/yr12 months · AED 143 per sqft
1 Feb 2021RentedNew contract
AED 140,000/yr12 months · AED 121 per sqft
1 Sep 2015Sold by developerOff-plan
AED 2,863,888AED 2,475 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
8th of 58
Parking
B3-204
Developer
Emaar
Completed
2019
Last sold
AED 2.86M · September 2015

About 809, The Address Residence Sky View 1

809 is a one-bedroom hotel apartment of 1,157 sqft on the 8th 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 1 September 2015 for AED 2,863,888, or AED 2,475 per sqft, in line with the AED 2,477 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 237,840 a year: a gross yield of 8.3% on the 2015 price.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical one-bed in The Address Residence Sky View 1
2M3M4M2013201720212025Typical sale price by year: 2013 AED 2,065,888; 2015 AED 2,859,888; 2020 AED 2,353,541; 2021 AED 1,920,000; 2022 AED 2,275,000; 2023 AED 2,400,000; 2024 AED 3,000,000; 2025 AED 3,830,000Sold by developer, September 2015: AED 2,863,888 (AED 2,475 per sqft)

809 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 809, each contractTypical one-bed in The Address Residence Sky View 1
200K2020202220242026Typical rent by year: 2020 AED 125,000; 2021 AED 140,000; 2022 AED 200,000; 2023 AED 197,500; 2024 AED 220,000; 2025 AED 237,840; 2026 AED 205,000New contract, February 2021: AED 140,000 a yearNew contract, February 2022: AED 165,000 a yearRenewal, February 2023: AED 195,000 a yearRenewal, February 2024: AED 235,000 a yearRenewal, February 2025: AED 237,840 a yearRenewal, February 2025: AED 237,840 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residence Sky View 1, and where 809 sits

All 24 1-beds →

809 last sold in September 2015 at AED 2,475 per sqft, in line with what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,477). Over the last 12 months one-beds sold for AED 2,800,000 to 4,100,000, around AED 3,457 per sqft, and rent for AED 110,000 to 240,000 a year. 809's AED 237,840 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Sep 20264,100,000
6 Jan 20262,800,000
20 Nov 20254,000,000
3 Oct 20253,750,000
3 1-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
8013-bedAED 4.04M · Dec 2013
8032-bedAED 4.15M · Apr 2014
8042-bedAED 4.1M · Dec 2013
8053-bedAED 6.38M · Jan 2022
8062-bedAED 3.7M · Jun 2022
8072-bedAED 3.77M · Dec 2013
8081-bedAED 2.3M · Apr 2023

809, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 1 September 2015 for AED 2,863,888, or AED 2,475 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 140,000 to AED 237,840 a year.
  • At AED 237,840 a year the gross yield on the 2015 price is 8.3%.
  • One-beds in The Address Residence Sky View 1 sold for AED 2,800,000–4,100,000 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 1 February 2025.

Questions about 809, The Address Residence Sky View 1

What did unit 809 last sell for?

AED 2,863,888 on 1 September 2015, sold by the developer: AED 2,475 per sqft for 1,157 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 237,840 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 237,840; the unit has been rented since February 2021.

How big is unit 809?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 8th floor of a 58-storey tower completed in 2019.

What is unit 809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residence Sky View 1 sold for AED 2,800,000 to 4,100,000 in the last 12 months, around AED 3,457 per sqft.

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Mortgage on 809, The Address Residence Sky View 1

Starts from the last sale price (AED 2.86M, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,863,888
Deposit, UAE resident (20%)
AED 572,778
Deposit, non-resident (40%)
AED 1,145,555
Monthly over 25 years at 3.7%
AED 11,717

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