3-bed · 2,134 sqftThe Address Residence Sky View 1, Downtown Dubai · 48th floor · completed 2019

4805, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in August 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4805 · DLD and Ejari recordsUpdated 5 August 2019
Last soldAED 5.82M5 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4805, The Address Residence Sky View 1

What is 4805 worth today?

Last sold for AED 5,819,888 in 2019

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5 Aug 2019SoldOff-plan
AED 5,819,888AED 2,727 per sqft
1 Nov 2018Sold by developerOff-plan
AED 5,819,888AED 2,727 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2019.

Key facts

Type
3-bed hotel apartment
Size
2,134 sqft
Floor
48th of 58
Parking
B2-432, B2-392
Developer
Emaar
Completed
2019
Last sold
AED 5.82M · August 2019

About 4805, The Address Residence Sky View 1

4805 is a three-bedroom hotel apartment of 2,134 sqft on the 48th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 5 August 2019 for AED 5,819,888, or AED 2,727 per sqft, in line with the AED 2,727 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4805 over time

Sales
Unit 4805, 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, November 2018: AED 5,819,888 (AED 2,727 per sqft)Sold, August 2019: AED 5,819,888 (AED 2,727 per sqft)

4805 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4805, 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 4805 sits

All 107 3-beds →

4805 last sold in August 2019 at AED 2,727 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,727). 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
48014-bedAED 9.5M · May 2025
48024-bedAED 7.74M · Aug 2019
48033-bedAED 7.28M · Aug 2020
4804AED 14.5M · Oct 2025

4805, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 1 November 2018 for AED 5,819,888, last on 5 August 2019 for AED 5,819,888 (AED 2,727 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 5 August 2019.

Questions about 4805, The Address Residence Sky View 1

What did unit 4805 last sell for?

AED 5,819,888 on 5 August 2019: AED 2,727 per sqft for 2,134 sqft. The unit has 2 registered sales; the first was AED 5,819,888 in November 2018.

How big is unit 4805?

2,134 sqft (198.3 sqm): a three-bedroom hotel apartment on the 48th floor of a 58-storey tower completed in 2019.

What is unit 4805 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 4805, The Address Residence Sky View 1

Starts from the last sale price (AED 5.82M, 5 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 5,819,888
Deposit, UAE resident (20%)
AED 1,163,978
Deposit, non-resident (40%)
AED 2,327,955
Monthly over 25 years at 3.7%
AED 23,811

Plus AED 249,446 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →