2,428 sqftThe Address Residence Sky View 1, Downtown Dubai · 7th floor · completed 2019

705, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 8.7M7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, The Address Residence Sky View 1

What is 705 worth today?

Last sold for AED 8,700,000 in 2025

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7 May 2025SoldReady
AED 8,700,000AED 3,583 per sqft
1 Jul 2022SoldReady
AED 6,200,000AED 2,554 per sqft
10 Dec 2013Sold by developerOff-plan
AED 5,497,888AED 2,264 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2025.

Key facts

Type
Hotel apartment
Size
2,428 sqft
Floor
7th of 58
Parking
B2-379, B2-378
Developer
Emaar
Completed
2019
Last sold
AED 8.7M · May 2025

About 705, The Address Residence Sky View 1

705 is a hotel apartment of 2,428 sqft on the 7th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 7 May 2025 for AED 8,700,000, or AED 3,583 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 →
Value
7013-bedAED 4.03M · Dec 2013
7032-bedAED 3.76M · Dec 2013
7042-bedAED 4.09M · Dec 2013
7062-bedAED 5M · Jun 2023
7072-bedAED 4.2M · Jan 2023
7081-bedAED 2.05M · Dec 2013
7091-bedAED 3M · Aug 2023

705, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 10 December 2013 for AED 5,497,888, last on 7 May 2025 for AED 8,700,000 (AED 3,583 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2025.

Questions about 705, The Address Residence Sky View 1

What did unit 705 last sell for?

AED 8,700,000 on 7 May 2025: AED 3,583 per sqft for 2,428 sqft. The unit has 3 registered sales; the first was AED 5,497,888 in December 2013.

How big is unit 705?

2,428 sqft (225.6 sqm): a hotel apartment on the 7th floor of a 58-storey tower completed in 2019.

What is unit 705 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 705, The Address Residence Sky View 1

Starts from the last sale price (AED 8.7M, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,700,000
Deposit, UAE resident (20%)
AED 1,740,000
Deposit, non-resident (40%)
AED 3,480,000
Monthly over 25 years at 3.7%
AED 35,594

Plus AED 370,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →