2-bed · 1,519 sqftThe Address Residence Sky View 1, Downtown Dubai · 9th floor · completed 2019

903, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in June 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 21 June 2020
Last soldAED 4.39M21 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, The Address Residence Sky View 1

What is 903 worth today?

Last sold for AED 4,392,888 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jun 2020Sold by developerOff-plan
AED 4,392,888AED 2,891 per sqft

Source: Dubai Land Department. Updated 21 June 2020.

Key facts

Type
2-bed hotel apartment
Size
1,519 sqft
Floor
9th of 58
Parking
B3-412
Developer
Emaar
Completed
2019
Last sold
AED 4.39M · June 2020

About 903, The Address Residence Sky View 1

903 is a two-bedroom hotel apartment of 1,519 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 21 June 2020 for AED 4,392,888, or AED 2,891 per sqft, 43% above the AED 2,016 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, June 2020: AED 4,392,888 (AED 2,891 per sqft)

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

Rents
Unit 903, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000

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 903 sits

All 159 2-beds →

903 last sold in June 2020 at AED 2,891 per sqft, 43% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,016). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-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
9013-bedAED 4.56M · Apr 2016
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

903, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 21 June 2020 for AED 4,392,888, or AED 2,891 per sqft.
  • 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 21 June 2020.

Questions about 903, The Address Residence Sky View 1

What did unit 903 last sell for?

AED 4,392,888 on 21 June 2020, sold by the developer: AED 2,891 per sqft for 1,519 sqft. It is the only registered sale of the unit.

How big is unit 903?

1,519 sqft (141.1 sqm): a two-bedroom hotel apartment on the 9th floor of a 58-storey tower completed in 2019.

What is unit 903 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.

Selling 903? 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.

How OpenOffers works

Mortgage on 903, The Address Residence Sky View 1

Starts from the last sale price (AED 4.39M, 21 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,392,888
Deposit, UAE resident (20%)
AED 878,578
Deposit, non-resident (40%)
AED 1,757,155
Monthly over 25 years at 3.7%
AED 17,973

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