409, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in April 2016, 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 409, The Address Residence Sky View 1
What is 409 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2016.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,157 sqft
- Floor
- 4th of 58
- Parking
- B3-112
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.86M · April 2016
- Building
- The Address Residence Sky View 1
About 409, The Address Residence Sky View 1
409 is a one-bedroom hotel apartment of 1,157 sqft on the 4th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 26 April 2016 for AED 2,856,888, or AED 2,469 per sqft, in line with the AED 2,474 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 409 over time
409 has sold once; 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 409 sits
All 21 1-beds →409 last sold in April 2016 at AED 2,469 per sqft, in line with what one-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,474). 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 Jan 20266 January 2026 | 872 sqft | 2,800,000 | 3,209 | ||
| 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 |
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 | ||
| 408 | 1-bed | 872 sqft | AED 2.8MAED 2,800,000 · Jan 2026January 2026 |
409, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 26 April 2016 for AED 2,856,888, or AED 2,469 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 26 April 2016.
Questions about 409, The Address Residence Sky View 1
What did unit 409 last sell for?
AED 2,856,888 on 26 April 2016, sold by the developer: AED 2,469 per sqft for 1,157 sqft. It is the only registered sale of the unit.
How big is unit 409?
1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 4th floor of a 58-storey tower completed in 2019.
What is unit 409 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 409, The Address Residence Sky View 1
Starts from the last sale price (AED 2.86M, 26 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,856,888
- Deposit, UAE resident (20%)
- AED 571,378
- Deposit, non-resident (40%)
- AED 1,142,755
- Monthly over 25 years at 3.7%
- AED 11,688
Plus AED 125,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →