1201, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in December 2013, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, The Address Residence Sky View 1
What is 1201 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,851 sqft
- Floor
- 12th of 58
- Parking
- B2-238, B2-237
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.07M · December 2013
- Building
- The Address Residence Sky View 1
About 1201, The Address Residence Sky View 1
1201 is a three-bedroom hotel apartment of 1,851 sqft on the 12th 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 2 December 2013 for AED 4,065,888, or AED 2,197 per sqft, 14% below the AED 2,557 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 April 2025. The current contract, signed on 1 April 2025, is AED 300,000 a year: a gross yield of 7.4% on the 2013 price.
Sales and rents for 1201 over time
1201 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Address Residence Sky View 1, and where 1201 sits
All 107 3-beds →1201 last sold in December 2013 at AED 2,197 per sqft, 14% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,557). Over the last 12 months three-beds sold for AED 8,599,992 to 12,800,000, around AED 4,284 per sqft, and rent for AED 580,000 to 600,000 a year. 1201's AED 300,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 | ||
| 15 Jan 202615 January 2026 | 2,019 sqft | 8,700,000 | 4,309 | ||
| 31 Jul 202531 July 2025 | 2,019 sqft | 8,000,000 | 3,962 | ||
| 9 May 20259 May 2025 | 2,020 sqft | 8,000,000 | 3,960 |
The Address Residence Sky View 1
Building326 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%
Other units on the 12th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1203 | 2-bed | 1,519 sqft | AED 3.9MAED 3,900,000 · Oct 2013October 2013 | ||
| 1204 | 850 sqft | AED 2MAED 2,000,000 · Nov 2025November 2025 | 50,000 /yr | ||
| 1205 | 3-bed | 2,288 sqft | AED 5.59MAED 5,587,888 · Dec 2015December 2015 | ||
| 1206 | 2-bed | 1,647 sqft | AED 3.94MAED 3,943,344 · May 2016May 2016 | ||
| 1207 | 2-bed | 1,518 sqft | AED 3.82MAED 3,818,888 · Dec 2013December 2013 | ||
| 1208 | 1-bed | 872 sqft | AED 3MAED 3,000,000 · Feb 2024February 2024 | 200,000 /yr | |
| 1209 | 1-bed | 1,157 sqft | AED 3.1MAED 3,100,000 · Mar 2023March 2023 | 245,000 /yr |
1201, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 2 December 2013 for AED 4,065,888, or AED 2,197 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2013 price is 7.4%.
- Three-beds in The Address Residence Sky View 1 sold for AED 8,599,992–12,800,000 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 April 2025.
Questions about 1201, The Address Residence Sky View 1
What did unit 1201 last sell for?
AED 4,065,888 on 2 December 2013, sold by the developer: AED 2,197 per sqft for 1,851 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 300,000 a year on the contract signed on 1 April 2025.
How big is unit 1201?
1,851 sqft (172.0 sqm): a three-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2019.
What is unit 1201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 1 sold for AED 8,599,992 to 12,800,000 in the last 12 months, around AED 4,284 per sqft.
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Mortgage on 1201, The Address Residence Sky View 1
Starts from the last sale price (AED 4.07M, 2 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 4,065,888
- Deposit, UAE resident (20%)
- AED 813,178
- Deposit, non-resident (40%)
- AED 1,626,355
- Monthly over 25 years at 3.7%
- AED 16,635
Plus AED 175,778 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →