1-bed · 1,157 sqftThe Address Residence Sky View 1, Downtown Dubai · 6th floor · completed 2019

609, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in August 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 3 August 2015
Last soldAED 2.86M3 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, The Address Residence Sky View 1

What is 609 worth today?

Last sold for AED 2,859,888 in 2015

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3 Aug 2015Sold by developerOff-plan
AED 2,859,888AED 2,472 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2015.

Key facts

Type
1-bed hotel apartment
Size
1,157 sqft
Floor
6th of 58
Parking
B3-114
Developer
Emaar
Completed
2019
Last sold
AED 2.86M · August 2015

About 609, The Address Residence Sky View 1

609 is a one-bedroom hotel apartment of 1,157 sqft on the 6th 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 3 August 2015 for AED 2,859,888, or AED 2,472 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in The Address Residence Sky View 1
2M2.5M3M20132016201920222025Typical sale price by year: 2013 AED 2,064,388; 2015 AED 2,619,888; 2020 AED 2,353,541; 2021 AED 1,920,000; 2022 AED 2,187,500; 2023 AED 2,700,000; 2024 AED 3,000,000Sold by developer, August 2015: AED 2,859,888 (AED 2,472 per sqft)

609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 609, each contractTypical one-bed in The Address Residence Sky View 1
100K150K200K2020202220242026Typical rent by year: 2020 AED 112,500; 2021 AED 140,000; 2022 AED 192,500; 2023 AED 195,000; 2024 AED 210,000; 2025 AED 200,000

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 609 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 salesUnit no.Price (AED)Summary
6 Jan 20262,800,000
6 Feb 20253,830,000
6 Jun 20243,100,000
6 Feb 20243,000,000
2 1-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
6013-bedAED 4.23M · Nov 2014
6032-bedAED 4.35M · Jan 2015
6042-bedAED 3.1M · Dec 2019
6053-bedAED 6.4M · Jan 2022
6062-bedAED 4.08M · Dec 2013
6072-bedAED 5.6M · Dec 2024
6081-bedAED 1.95M · Dec 2021

609, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 3 August 2015 for AED 2,859,888, or AED 2,472 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 3 August 2015.

Questions about 609, The Address Residence Sky View 1

What did unit 609 last sell for?

AED 2,859,888 on 3 August 2015, sold by the developer: AED 2,472 per sqft for 1,157 sqft. It is the only registered sale of the unit.

How big is unit 609?

1,157 sqft (107.5 sqm): a one-bedroom hotel apartment on the 6th floor of a 58-storey tower completed in 2019.

What is unit 609 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 609, The Address Residence Sky View 1

Starts from the last sale price (AED 2.86M, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,859,888
Deposit, UAE resident (20%)
AED 571,978
Deposit, non-resident (40%)
AED 1,143,955
Monthly over 25 years at 3.7%
AED 11,701

Plus AED 125,126 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →