3-bed · 1,851 sqftThe Address Residence Sky View 1, Downtown Dubai · 9th floor · completed 2019

901, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in April 2016, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 9 February 2023
Last soldAED 4.56M27 April 2016
Current rentAED 429K /yr9 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, The Address Residence Sky View 1

What is 901 worth today?

Last sold for AED 4,559,888 in 2016

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9 Feb 2023RentedNew contract
AED 429,000/yr12 months · AED 232 per sqft
27 Apr 2016Sold by developerOff-plan
AED 4,559,888AED 2,464 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2023.

Key facts

Type
3-bed hotel apartment
Size
1,851 sqft
Floor
9th of 58
Parking
B2-414, B2-413
Developer
Emaar
Completed
2019
Last sold
AED 4.56M · April 2016

About 901, The Address Residence Sky View 1

901 is a three-bedroom hotel apartment of 1,851 sqft on the 9th 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 27 April 2016 for AED 4,559,888, or AED 2,464 per sqft, 8% below the AED 2,690 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 February 2023. The current contract, signed on 9 February 2023, is AED 429,000 a year: a gross yield of 9.4% on the 2016 price.

Sales and rents for 901 over time

Sales
Unit 901, 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, April 2016: AED 4,559,888 (AED 2,464 per sqft)

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

Rents
Unit 901, 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 540,000New contract, February 2023: AED 429,000 a year

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 901 sits

All 107 3-beds →

901 last sold in April 2016 at AED 2,464 per sqft, 8% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,690). 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. 901's AED 429,000 is at the bottom of that range.

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
9032-bedAED 4.39M · Jun 2020
9042-bedAED 4.87M · Dec 2017
9053-bedAED 10.85M · Mar 2025
9062-bedAED 1.6M · Feb 2022
9072-bedAED 5.42M · Feb 2022
9081-bedAED 2.39M · Aug 2017
9091-bedAED 2.87M · Jul 2020

901, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 27 April 2016 for AED 4,559,888, or AED 2,464 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 429,000 a year.
  • At AED 429,000 a year the gross yield on the 2016 price is 9.4%.
  • 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 9 February 2023.

Questions about 901, The Address Residence Sky View 1

What did unit 901 last sell for?

AED 4,559,888 on 27 April 2016, sold by the developer: AED 2,464 per sqft for 1,851 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 429,000 a year on the contract signed on 9 February 2023.

How big is unit 901?

1,851 sqft (172.0 sqm): a three-bedroom hotel apartment on the 9th floor of a 58-storey tower completed in 2019.

What is unit 901 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 901, The Address Residence Sky View 1

Starts from the last sale price (AED 4.56M, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,559,888
Deposit, UAE resident (20%)
AED 911,978
Deposit, non-resident (40%)
AED 1,823,955
Monthly over 25 years at 3.7%
AED 18,656

Plus AED 196,526 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →