1-bed · 872 sqftThe Address Residence Sky View 1, Downtown Dubai · 10th floor · completed 2019

1008, The Address Residence Sky View 1

Sold prices and rental history: sold 5 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 3.1M6 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, The Address Residence Sky View 1

What is 1008 worth today?

Last sold for AED 3,100,000 in 2024

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6 Jun 2024SoldReady
AED 3,100,000AED 3,553 per sqft
8 Nov 2022SoldReady
AED 2,100,000AED 2,407 per sqft
28 Jan 2020SoldReady
AED 1,700,000AED 1,948 per sqft
26 Dec 2017SoldOff-plan
AED 1,833,975AED 2,102 per sqft
28 Nov 2013Sold by developerOff-plan
AED 2,056,888AED 2,357 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 June 2024.

Key facts

Type
1-bed hotel apartment
Size
872 sqft
Floor
10th of 58
Parking
B3-117
Developer
Emaar
Completed
2019
Last sold
AED 3.1M · June 2024

About 1008, The Address Residence Sky View 1

1008 is a one-bedroom hotel apartment of 872 sqft on the 10th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 6 June 2024 for AED 3,100,000, or AED 3,553 per sqft, 6% above the AED 3,364 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in The Address Residence Sky View 1
2M3M20132016201920222025Typical sale price by year: 2013 AED 2,064,388; 2015 AED 2,619,888; 2020 AED 2,353,541; 2021 AED 1,920,000; 2022 AED 2,187,500; 2023 AED 2,700,000; 2024 AED 3,000,000Sold by developer, November 2013: AED 2,056,888 (AED 2,357 per sqft)Sold, December 2017: AED 1,833,975 (AED 2,102 per sqft)Sold, January 2020: AED 1,700,000 (AED 1,948 per sqft)Sold, November 2022: AED 2,100,000 (AED 2,407 per sqft)Sold, June 2024: AED 3,100,000 (AED 3,553 per sqft)

1008 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in The Address Residence Sky View 1
100K150K200K2020202220242026Typical rent by year: 2020 AED 112,500; 2021 AED 140,000; 2022 AED 192,500; 2023 AED 195,000; 2024 AED 210,000; 2025 AED 200,000

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 1008 sits

All 21 1-beds →

1008 last sold in June 2024 at AED 3,553 per sqft, 6% above what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,364). Over the last 12 months one-beds sold for AED 2,800,000 to 4,000,000, around AED 3,333 per sqft, and rent for AED 200,000 to 240,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 20262,800,000
6 Feb 20253,830,000
6 Feb 20243,000,000
22 Jan 20242,935,000
2 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. 13 sold in the last 12 months.

Typical price per sqft
AED 3,826 Up 0.9%
Typical sale
AED 6.85M
Typical rent
AED 275K /yr
Typical yield
5.4%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
10013-bedAED 5.5M · Oct 2023
10032-bedAED 4.41M · Jun 2020
10042-bedAED 4.33M · Aug 2014
10053-bedAED 6.11M · Feb 2014
10062-bedAED 4.55M · Oct 2022
10072-bedAED 3.79M · Nov 2013
1009AED 3.75M · Oct 2025

1008, The Address Residence Sky View 1 in numbers

  • Sold 5 times: first on 28 November 2013 for AED 2,056,888, last on 6 June 2024 for AED 3,100,000 (AED 3,553 per sqft).
  • One-beds in The Address Residence Sky View 1 sold for AED 2,800,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,826 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 June 2024.

Questions about 1008, The Address Residence Sky View 1

What did unit 1008 last sell for?

AED 3,100,000 on 6 June 2024: AED 3,553 per sqft for 872 sqft. The unit has 5 registered sales; the first was AED 2,056,888 in November 2013.

How big is unit 1008?

872 sqft (81.0 sqm): a one-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.

What is unit 1008 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 4,000,000 in the last 12 months, around AED 3,333 per sqft.

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Mortgage on 1008, The Address Residence Sky View 1

Starts from the last sale price (AED 3.1M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →