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4,564 sqftThe Address Residence Sky View 1, Downtown Dubai · 58th floor · completed 2019

5801, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5801 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 44M16 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5801, The Address Residence Sky View 1

What is 5801 worth today?

Last sold for AED 44,000,000 in 2023

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16 Mar 2023SoldReady
AED 44,000,000AED 4,819 per sqft
22 Jan 2015Sold by developerOff-plan
AED 28,952,888AED 3,171 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2023.

Key facts

Type
Hotel apartment
Size
4,564 sqft
Floor
58th of 58
Parking
B2-402, B2-167, B2-168
Developer
Emaar
Completed
2019
Last sold
AED 44M · March 2023
Building
The Address Residence Sky View 1

About 5801, The Address Residence Sky View 1

5801 is a hotel apartment of 4,564 sqft on the 58th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 16 March 2023 for AED 44,000,000, or AED 4,819 per sqft.

No rental contract for the unit is registered on Ejari.

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 →

Other units on the 58th floor

All 326 units in The Address Residence Sky View 1
Value
59015-bedAED 30M · Nov 2022

5801, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 22 January 2015 for AED 28,952,888, last on 16 March 2023 for AED 44,000,000 (AED 4,819 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2023.

Questions about 5801, The Address Residence Sky View 1

What did unit 5801 last sell for?

AED 44,000,000 on 16 March 2023: AED 4,819 per sqft for 4,564 sqft. The unit has 2 registered sales; the first was AED 28,952,888 in January 2015.

How big is unit 5801?

4,564 sqft (424.0 sqm): a hotel apartment on the 58th floor of a 58-storey tower completed in 2019.

What is unit 5801 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5801, The Address Residence Sky View 1

Starts from the last sale price (AED 44M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 44,000,000
Deposit, UAE resident (20%)
AED 8,800,000
Deposit, non-resident (40%)
AED 17,600,000
Monthly over 25 years at 3.7%
AED 180,018

Plus AED 1,853,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →