1702, The Address Residence Sky View 1
Sold prices and rental history: sold 5 times, last in November 2023, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, The Address Residence Sky View 1
What is 1702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,020 sqft
- Floor
- 17th of 58
- Parking
- B2-452, B2-451
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 8.2M · November 2023
- Building
- The Address Residence Sky View 1
About 1702, The Address Residence Sky View 1
1702 is a three-bedroom hotel apartment of 2,020 sqft on the 17th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 15 November 2023 for AED 8,200,000, or AED 4,059 per sqft, 31% above the AED 3,087 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2021. The current contract, signed on 1 November 2021, is AED 380,000 a year: a gross yield of 4.6% on the 2023 price.
Sales and rents for 1702 over time
1702 has sold 5 times; 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 1702 sits
All 107 3-beds →1702 last sold in November 2023 at AED 4,059 per sqft, 31% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,087). 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. 1702's AED 380,000 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 17th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,329 sqft | AED 3.45MAED 3,454,888 · Apr 2016April 2016 | ||
| 1703 | 2-bed | 1,699 sqft | AED 4.35MAED 4,352,665 · Dec 2013December 2013 | ||
| 1704 | 3-bed | 2,427 sqft | AED 4.5MAED 4,500,000 · Oct 2020October 2020 | ||
| 1705 | 2-bed | 1,699 sqft | AED 6.05MAED 6,054,888 · Dec 2022December 2022 | ||
| 1706 | 3-bed | 2,019 sqft | AED 8MAED 8,000,000 · Jul 2025July 2025 | ||
| 1707 | 2-bed | 1,543 sqft | AED 3.06MAED 3,060,000 · Jun 2021June 2021 |
1702, The Address Residence Sky View 1 in numbers
- Sold 5 times: first on 2 December 2013 for AED 5,155,888, last on 15 November 2023 for AED 8,200,000 (AED 4,059 per sqft).
- Rented since November 2021 on one Ejari contract, at AED 380,000 a year.
- At AED 380,000 a year the gross yield on the 2023 price is 4.6%.
- 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 15 November 2023.
Questions about 1702, The Address Residence Sky View 1
What did unit 1702 last sell for?
AED 8,200,000 on 15 November 2023: AED 4,059 per sqft for 2,020 sqft. The unit has 5 registered sales; the first was AED 5,155,888 in December 2013.
What is the rent for unit 1702?
AED 380,000 a year on the contract signed on 1 November 2021.
How big is unit 1702?
2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 17th floor of a 58-storey tower completed in 2019.
What is unit 1702 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 1702, The Address Residence Sky View 1
Starts from the last sale price (AED 8.2M, 15 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 8,200,000
- Deposit, UAE resident (20%)
- AED 1,640,000
- Deposit, non-resident (40%)
- AED 3,280,000
- Monthly over 25 years at 3.7%
- AED 33,549
Plus AED 349,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →