3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 28th floor · completed 2019

2802, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 17 October 2021
Last soldAED 6M17 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, The Address Residence Sky View 1

What is 2802 worth today?

Last sold for AED 6,000,000 in 2021

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17 Oct 2021SoldReady
AED 6,000,000AED 2,970 per sqft
1 Dec 2013Sold by developerOff-plan
AED 5,265,888AED 2,607 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2021.

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
28th of 58
Parking
B2-420, B2-419
Developer
Emaar
Completed
2019
Last sold
AED 6M · October 2021

About 2802, The Address Residence Sky View 1

2802 is a three-bedroom hotel apartment of 2,020 sqft on the 28th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 17 October 2021 for AED 6,000,000, or AED 2,970 per sqft, 17% above the AED 2,542 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,360,888; 2014 AED 5,981,677; 2015 AED 6,181,388; 2016 AED 6,421,888; 2017 AED 4,827,533; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,350,000; 2021 AED 5,875,000; 2022 AED 6,225,000; 2023 AED 7,350,000; 2024 AED 8,425,000; 2025 AED 8,300,000Sold by developer, December 2013: AED 5,265,888 (AED 2,607 per sqft)Sold, October 2021: AED 6,000,000 (AED 2,970 per sqft)

2802 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2802, each contractTypical three-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical rent by year: 2020 AED 235,000; 2021 AED 290,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 538,216; 2025 AED 540,000

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 2802 sits

All 107 3-beds →

2802 last sold in October 2021 at AED 2,970 per sqft, 17% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,542). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jan 202612,800,000
15 Jan 20268,700,000
31 Jul 20258,000,000
9 May 20258,000,000
4 3-bed sales in the last 12 months

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
2801AED 5M · Oct 2025
28032-bedAED 5M · Oct 2022
28043-bedAED 8M · Mar 2024
28052-bedAED 7.9M · Oct 2024
28063-bedAED 4.5M · Oct 2020
28072-bedAED 4.5M · May 2023

2802, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 1 December 2013 for AED 5,265,888, last on 17 October 2021 for AED 6,000,000 (AED 2,970 per sqft).
  • 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 17 October 2021.

Questions about 2802, The Address Residence Sky View 1

What did unit 2802 last sell for?

AED 6,000,000 on 17 October 2021: AED 2,970 per sqft for 2,020 sqft. The unit has 2 registered sales; the first was AED 5,265,888 in December 2013.

How big is unit 2802?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 28th floor of a 58-storey tower completed in 2019.

What is unit 2802 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 2802, The Address Residence Sky View 1

Starts from the last sale price (AED 6M, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →