3-bed · 1,851 sqftThe Address Residence Sky View 1, Downtown Dubai · 9th floor · completed 2019

901, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in April 2016, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 9 February 2023
Last soldAED 4.56M27 April 2016
Current rentAED 429K /yr9 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, The Address Residence Sky View 1

What is 901 worth today?

Last sold for AED 4,559,888 in 2016

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9 Feb 2023RentedNew contract
AED 429,000/yr12 months · AED 232 per sqft
27 Apr 2016Sold by developerOff-plan
AED 4,559,888AED 2,464 per sqft

Source: Dubai Land Department. Updated 9 February 2023.

Key facts

Type
3-bed hotel apartment
Size
1,851 sqft
Floor
9th of 58
Parking
B2-414, B2-413
Developer
Emaar
Completed
2019
Last sold
AED 4.56M · April 2016

About 901, The Address Residence Sky View 1

901 is a three-bedroom hotel apartment of 1,851 sqft on the 9th 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 27 April 2016 for AED 4,559,888, or AED 2,464 per sqft, 9% below the AED 2,705 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 February 2023. The current contract, signed on 9 February 2023, is AED 429,000 a year: a gross yield of 9.4% on the 2016 price.

Sales and rents for 901 over time

Sales
Unit 901, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, April 2016: AED 4,559,888 (AED 2,464 per sqft)

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

Rents
Unit 901, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000New contract, February 2023: AED 429,000 a year

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 901 sits

All 121 3-beds →

901 last sold in April 2016 at AED 2,464 per sqft, 9% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,705). 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. 901's AED 429,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
7 3-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
9032-bedAED 4.39M · Jun 2020
9042-bedAED 6.5M · May 2026
9053-bedAED 10.85M · Mar 2025
9062-bedAED 1.6M · Feb 2022
9072-bedAED 5.42M · Feb 2022
9081-bedAED 2.39M · Aug 2017
9091-bedAED 2.87M · Jul 2020

901, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 27 April 2016 for AED 4,559,888, or AED 2,464 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 429,000 a year.
  • At AED 429,000 a year the gross yield on the 2016 price is 9.4%.
  • 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 9 February 2023.

Questions about 901, The Address Residence Sky View 1

What did unit 901 last sell for?

AED 4,559,888 on 27 April 2016, sold by the developer: AED 2,464 per sqft for 1,851 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 429,000 a year on the contract signed on 9 February 2023.

How big is unit 901?

1,851 sqft (172.0 sqm): a three-bedroom hotel apartment on the 9th floor of a 58-storey tower completed in 2019.

What is unit 901 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 901, The Address Residence Sky View 1

Starts from the last sale price (AED 4.56M, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,559,888
Deposit, UAE resident (20%)
AED 911,978
Deposit, non-resident (40%)
AED 1,823,955
Monthly over 25 years at 3.7%
AED 18,656

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