1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 10th floor · completed 2019

1009, The Address Residence Sky View 1

Sold prices and rental history: sold 5 times, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 3.75M3 October 2025
Current rentAED 240K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, The Address Residence Sky View 1

What is 1009 worth today?

Last sold for AED 3,750,000 in 2025

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3 Oct 2025SoldReady
AED 3,750,000AED 3,241 per sqft
20 May 2024RentedRenewal
AED 240,000/yr12 months · AED 208 per sqft
20 May 2023RentedNew contract
AED 240,000/yr12 months · AED 208 per sqft
28 Apr 2023SoldReady
AED 1,462,500AED 1,264 per sqft
10 Mar 2022SoldReady
AED 2,600,000AED 2,247 per sqft
15 Mar 2021RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft
7 Dec 2020RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft
12 May 2020RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2025.

Key facts

Type
Hotel apartment
Size
1,157 sqft
Floor
10th of 58
Parking
B3-108
Developer
Emaar
Completed
2019
Last sold
AED 3.75M · October 2025

About 1009, The Address Residence Sky View 1

1009 is a hotel apartment of 1,157 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 3 October 2025 for AED 3,750,000, or AED 3,241 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 240,000 a year: a gross yield of 6.4% on the 2025 price.

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
10081-bedAED 3.1M · Jun 2024

1009, The Address Residence Sky View 1 in numbers

  • Sold 5 times: first on 4 January 2015 for AED 2,866,888, last on 3 October 2025 for AED 3,750,000 (AED 3,241 per sqft).
  • Rented since May 2020 on 5 Ejari contracts, from AED 125,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2025 price is 6.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2025.

Questions about 1009, The Address Residence Sky View 1

What did unit 1009 last sell for?

AED 3,750,000 on 3 October 2025: AED 3,241 per sqft for 1,157 sqft. The unit has 5 registered sales; the first was AED 2,866,888 in January 2015.

What is the rent for unit 1009?

AED 240,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 240,000; the unit has been rented since May 2020.

How big is unit 1009?

1,157 sqft (107.5 sqm): a hotel apartment on the 10th floor of a 58-storey tower completed in 2019.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1009, The Address Residence Sky View 1

Starts from the last sale price (AED 3.75M, 3 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

Plus AED 162,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →