1-bed · 872 sqftThe Address Residence Sky View 1, Downtown Dubai · 11th floor · completed 2019

1108, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 2.94M22 January 2024
Current rentAED 112K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, The Address Residence Sky View 1

What is 1108 worth today?

Last sold for AED 2,935,000 in 2024

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1 Sep 2025RentedRenewal
AED 112,000/yr12 months · AED 128 per sqft
1 Sep 2024RentedNew contract
AED 149,500/yr12 months · AED 171 per sqft
22 Jan 2024SoldReady
AED 2,935,000AED 3,364 per sqft
1 Sep 2023RentedRenewal
AED 130,000/yr12 months · AED 149 per sqft
1 Sep 2022RentedRenewal
AED 130,000/yr12 months · AED 149 per sqft
1 Sep 2021RentedNew contract
AED 130,000/yr12 months · AED 149 per sqft
15 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
14 Nov 2013SoldOff-plan
AED 2,059,888AED 2,361 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
1-bed hotel apartment
Size
872 sqft
Floor
11th of 58
Parking
B3-118
Developer
Emaar
Completed
2019
Last sold
AED 2.94M · January 2024

About 1108, The Address Residence Sky View 1

1108 is a one-bedroom hotel apartment of 872 sqft on the 11th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 22 January 2024 for AED 2,935,000, or AED 3,364 per sqft, 26% above the AED 2,679 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 112,000 a year: a gross yield of 3.8% on the 2024 price.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in The Address Residence Sky View 1
2M2.5M3M20132016201920222025Typical 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, September 2013: AED 2,059,888 (AED 2,361 per sqft)Sold, November 2013: AED 2,059,888 (AED 2,361 per sqft)Sold, January 2024: AED 2,935,000 (AED 3,364 per sqft)

1108 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, 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 200,000New contract, August 2020: AED 110,000 a yearNew contract, September 2021: AED 130,000 a yearRenewal, September 2022: AED 130,000 a yearRenewal, September 2023: AED 130,000 a yearNew contract, September 2024: AED 149,500 a yearRenewal, September 2025: AED 112,000 a year

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 1108 sits

All 21 1-beds →

1108 last sold in January 2024 at AED 3,364 per sqft, 26% above what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,679). 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 Jun 20243,100,000
6 Feb 20243,000,000
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
11013-bedAED 4.58M · Jan 2015
11032-bedAED 4.1M · Jan 2022
11042-bedAED 4.14M · Nov 2013
11053-bedAED 5.57M · Oct 2013
11062-bedAED 5.7M · Aug 2023
11072-bedAED 3.81M · Nov 2013
11091-bedAED 3.83M · Feb 2025

1108, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 24 September 2013 for AED 2,059,888, last on 22 January 2024 for AED 2,935,000 (AED 3,364 per sqft).
  • Rented since August 2020 on 6 Ejari contracts, from AED 110,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2024 price is 3.8%.
  • 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 1 September 2025.

Questions about 1108, The Address Residence Sky View 1

What did unit 1108 last sell for?

AED 2,935,000 on 22 January 2024: AED 3,364 per sqft for 872 sqft. The unit has 3 registered sales; the first was AED 2,059,888 in September 2013.

What is the rent for unit 1108?

AED 112,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 149,500; the unit has been rented since August 2020.

How big is unit 1108?

872 sqft (81.0 sqm): a one-bedroom hotel apartment on the 11th floor of a 58-storey tower completed in 2019.

What is unit 1108 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 1108, The Address Residence Sky View 1

Starts from the last sale price (AED 2.94M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,935,000
Deposit, UAE resident (20%)
AED 587,000
Deposit, non-resident (40%)
AED 1,174,000
Monthly over 25 years at 3.7%
AED 12,008

Plus AED 128,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →