408, The Address Residence Sky View 1
Sold prices and rental history: sold 4 times, last in January 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, The Address Residence Sky View 1
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 872 sqft
- Floor
- 4th of 58
- Parking
- B3-121
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.8M · January 2026
- Building
- The Address Residence Sky View 1
About 408, The Address Residence Sky View 1
408 is a one-bedroom hotel apartment of 872 sqft on the 4th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 6 January 2026 for AED 2,800,000, or AED 3,209 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Address Residence Sky View 1, and where 408 sits
All 21 1-beds →Over the last 12 months one-beds sold for AED 2,800,000 to 4,000,000, around AED 3,333 per sqft, and rent for AED 200,000 to 240,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20256 February 2025 | 1,157 sqft | 3,830,000 | 3,310 | ||
| 6 Jun 20246 June 2024 | 872 sqft | 3,100,000 | 3,553 | ||
| 6 Feb 20246 February 2024 | 872 sqft | 3,000,000 | 3,439 | ||
| 22 Jan 202422 January 2024 | 872 sqft | 2,935,000 | 3,364 |
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 4th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,851 sqft | AED 6MAED 6,000,000 · Feb 2025February 2025 | ||
| 403 | 2-bed | 1,519 sqft | AED 5.1MAED 5,100,000 · Jun 2024June 2024 | 275,000 /yr | |
| 404 | 2-bed | 1,699 sqft | AED 2.53MAED 2,525,000 · Jul 2020July 2020 | 340,000 /yr | |
| 405 | 3-bed | 2,428 sqft | AED 5.44MAED 5,443,888 · Dec 2013December 2013 | ||
| 406 | 2-bed | 1,647 sqft | AED 3.5MAED 3,500,000 · Mar 2017March 2017 | 450,000 /yr | |
| 407 | 2-bed | 1,486 sqft | AED 4.32MAED 4,322,888 · Sep 2015September 2015 | ||
| 409 | 1-bed | 1,157 sqft | AED 2.86MAED 2,856,888 · Apr 2016April 2016 |
408, The Address Residence Sky View 1 in numbers
- Sold 4 times: first on 2 December 2013 for AED 2,038,888, last on 6 January 2026 for AED 2,800,000 (AED 3,209 per sqft).
- One-beds in The Address Residence Sky View 1 sold for AED 2,800,000–4,000,000 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 6 January 2026.
Questions about 408, The Address Residence Sky View 1
What did unit 408 last sell for?
AED 2,800,000 on 6 January 2026: AED 3,209 per sqft for 872 sqft. The unit has 4 registered sales; the first was AED 2,038,888 in December 2013.
How big is unit 408?
872 sqft (81.0 sqm): a one-bedroom hotel apartment on the 4th floor of a 58-storey tower completed in 2019.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residence Sky View 1 sold for AED 2,800,000 to 4,000,000 in the last 12 months, around AED 3,333 per sqft.
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Mortgage on 408, The Address Residence Sky View 1
Starts from the last sale price (AED 2.8M, 6 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →