2-bed · 833 sqftThe Address Residence Sky View 1, Downtown Dubai · 9th floor · completed 2019

906, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 23 February 2022
Last soldAED 1.6M23 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, The Address Residence Sky View 1

What is 906 worth today?

Last sold for AED 1,600,000 in 2022

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23 Feb 2022SoldReady
AED 1,600,000AED 1,921 per sqft
21 Feb 2019Sold by developerOff-plan
AED 4,776,888AED 2,900 per sqft

Source: Dubai Land Department. Updated 23 February 2022.

Key facts

Type
2-bed hotel apartment
Size
833 sqft
Floor
9th of 58
Parking
B2-102
Developer
Emaar
Completed
2019
Last sold
AED 1.6M · February 2022

About 906, The Address Residence Sky View 1

906 is a two-bedroom hotel apartment of 833 sqft on the 9th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 23 February 2022 for AED 1,600,000, or AED 1,921 per sqft, 15% below the AED 2,257 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical two-bed in The Address Residence Sky View 1
2.5M5M2013201720212025Typical 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, February 2019: AED 4,776,888 (AED 2,900 per sqft)Sold, February 2022: AED 1,600,000 (AED 1,921 per sqft)

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

Rents
Unit 906, 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 906 sits

All 159 2-beds →

906 last sold in February 2022 at AED 1,921 per sqft, 15% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,257). 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
9032-bedAED 4.39M · Jun 2020
9042-bedAED 6.5M · May 2026
9053-bedAED 10.85M · Mar 2025
9072-bedAED 5.42M · Feb 2022
9081-bedAED 2.39M · Aug 2017
9091-bedAED 2.87M · Jul 2020

906, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 21 February 2019 for AED 4,776,888, last on 23 February 2022 for AED 1,600,000 (AED 1,921 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 23 February 2022.

Questions about 906, The Address Residence Sky View 1

What did unit 906 last sell for?

AED 1,600,000 on 23 February 2022: AED 1,921 per sqft for 833 sqft. The unit has 2 registered sales; the first was AED 4,776,888 in February 2019.

How big is unit 906?

833 sqft (77.4 sqm): a two-bedroom hotel apartment on the 9th floor of a 58-storey tower completed in 2019.

What is unit 906 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 906, The Address Residence Sky View 1

Starts from the last sale price (AED 1.6M, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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