1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 15th floor · completed 2019

1509, The Address Residence Sky View 1

Sold prices and rental history: no registered sale, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 13 January 2026
Current rentAED 240K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, The Address Residence Sky View 1

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13 Jan 2026RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2026RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2025RentedRenewal
AED 240,000/yr12 months · AED 207 per sqft
13 Jan 2024RentedNew contract
AED 235,000/yr12 months · AED 203 per sqft
30 Oct 2022RentedNew contract
AED 240,000/yr12 months · AED 207 per sqft
23 Aug 2021RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2026.

Key facts

Type
Hotel apartment
Size
1,157 sqft
Floor
15th of 58
Parking
B3-203
Developer
Emaar
Completed
2019
Last sold
No registered sale

About 1509, The Address Residence Sky View 1

1509 is a hotel apartment of 1,157 sqft on the 15th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 13 January 2026, is AED 240,000 a year.

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
15013-bedAED 4.08M · Dec 2013
15032-bedAED 5.3M · Feb 2024
15042-bedAED 6.2M · Jun 2025
15053-bedAED 6M · Nov 2021
15062-bedAED 6.75M · Oct 2023
15072-bedAED 4.28M · May 2015
15081-bedAED 2.28M · Oct 2022

1509, The Address Residence Sky View 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since August 2021 on 6 Ejari contracts, from AED 150,000 to AED 240,000 a year.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2026.

Questions about 1509, The Address Residence Sky View 1

What is the rent for unit 1509?

AED 240,000 a year on the contract renewed on 13 January 2026. The previous contract, from January 2026, was AED 240,000; the unit has been rented since August 2021.

How big is unit 1509?

1,157 sqft (107.5 sqm): a hotel apartment on the 15th floor of a 58-storey tower completed in 2019.

What is unit 1509 worth today?

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

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