1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 14th floor · completed 2019

1409, The Address Residence Sky View 1

Sold prices and rental history: sold twice, 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 1409 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 4M20 November 2025
Current rentAED 126K /yr18 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, The Address Residence Sky View 1

What is 1409 worth today?

Last sold for AED 4,000,000 in 2025

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20 Nov 2025SoldReady
AED 4,000,000AED 3,457 per sqft
18 Oct 2021RentedRenewal
AED 125,750/yr9 months · AED 109 per sqft
18 Oct 2020RentedNew contract
AED 126,000/yr12 months · AED 109 per sqft
17 Feb 2020RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft
2 Dec 2013Sold by developerOff-plan
AED 2,472,888AED 2,137 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2025.

Key facts

Type
Hotel apartment
Size
1,157 sqft
Floor
14th of 58
Parking
B3-202
Developer
Emaar
Completed
2019
Last sold
AED 4M · November 2025

About 1409, The Address Residence Sky View 1

1409 is a hotel apartment of 1,157 sqft on the 14th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 20 November 2025 for AED 4,000,000, or AED 3,457 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 18 October 2021, is AED 125,750 a year: a gross yield of 3.1% 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
14013-bedAED 4M · May 2023
14032-bedAED 3.84M · Dec 2013
14042-bedAED 4.17M · Jul 2016
14053-bedAED 7.28M · Jan 2023
14062-bedAED 4.17M · Dec 2013
14072-bedAED 3.84M · Jan 2015
14081-bedAED 2.4M · Feb 2019

1409, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 2,472,888, last on 20 November 2025 for AED 4,000,000 (AED 3,457 per sqft).
  • Rented since February 2020 on 3 Ejari contracts, from AED 150,000 to AED 125,750 a year.
  • At AED 125,750 a year the gross yield on the 2025 price is 3.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2025.

Questions about 1409, The Address Residence Sky View 1

What did unit 1409 last sell for?

AED 4,000,000 on 20 November 2025: AED 3,457 per sqft for 1,157 sqft. The unit has 2 registered sales; the first was AED 2,472,888 in December 2013.

What is the rent for unit 1409?

AED 125,750 a year on the contract renewed on 18 October 2021. The previous contract, from October 2020, was AED 126,000; the unit has been rented since February 2020.

How big is unit 1409?

1,157 sqft (107.5 sqm): a hotel apartment on the 14th floor of a 58-storey tower completed in 2019.

What is unit 1409 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 1409, The Address Residence Sky View 1

Starts from the last sale price (AED 4M, 20 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →