850 sqftThe Address Residence Sky View 1, Downtown Dubai · 12th floor · completed 2019

1204, The Address Residence Sky View 1

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

Unit 1204 · DLD and Ejari recordsUpdated 11 November 2025
Last soldAED 2M11 November 2025
Current rentAED 50K /yr26 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, The Address Residence Sky View 1

What is 1204 worth today?

Last sold for AED 2,000,000 in 2025

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11 Nov 2025SoldReady
AED 2,000,000AED 2,353 per sqft
26 Dec 2023SoldReady
AED 4,450,000AED 2,618 per sqft
26 Oct 2021RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 29 per sqft
23 Feb 2021SoldReady
AED 3,150,000AED 1,853 per sqft
5 Sep 2020RentedNew contract
AED 160,000/yr12 months · AED 94 per sqft
10 Jul 2014SoldOff-plan
AED 4,773,521AED 2,809 per sqft
6 Oct 2013Sold by developerOff-plan
AED 4,150,888AED 2,442 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2025.

Key facts

Type
Hotel apartment
Size
850 sqft
Floor
12th of 58
Parking
B3-220
Developer
Emaar
Completed
2019
Last sold
AED 2M · November 2025

About 1204, The Address Residence Sky View 1

1204 is a hotel apartment of 850 sqft on the 12th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 11 November 2025 for AED 2,000,000, or AED 2,353 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 26 October 2021, is AED 50,000 a year: a gross yield of 2.5% 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
12013-bedAED 4.07M · Dec 2013
12032-bedAED 3.9M · Oct 2013
12053-bedAED 5.59M · Dec 2015
12062-bedAED 3.94M · May 2016
12072-bedAED 3.82M · Dec 2013
12081-bedAED 3M · Feb 2024
12091-bedAED 3.1M · Mar 2023

1204, The Address Residence Sky View 1 in numbers

  • Sold 5 times: first on 6 October 2013 for AED 4,150,888, last on 11 November 2025 for AED 2,000,000 (AED 2,353 per sqft).
  • Rented since September 2020 on 2 Ejari contracts, from AED 160,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 2.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2025.

Questions about 1204, The Address Residence Sky View 1

What did unit 1204 last sell for?

AED 2,000,000 on 11 November 2025: AED 2,353 per sqft for 850 sqft. The unit has 5 registered sales; the first was AED 4,150,888 in October 2013.

What is the rent for unit 1204?

AED 50,000 a year on the contract signed on 26 October 2021. The previous contract, from September 2020, was AED 160,000.

How big is unit 1204?

850 sqft (79.0 sqm): a hotel apartment on the 12th floor of a 58-storey tower completed in 2019.

What is unit 1204 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 1204, The Address Residence Sky View 1

Starts from the last sale price (AED 2M, 11 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →