Market bulletin · Thu, 22 Oct 2026
The Address Residence Sky View 1: 0 sales worth AED 0 in 30 days
The Address Residence Sky View 1 recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Downtown Dubai, The Address Residence Sky View 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Emaar Properties.
Leases registered in the last three months had a median annual rent of AED 313K. The best gross yield is on 3 BR apartments at about 5.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 3,789 |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 4,115 |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 3,664 |
| Apr 25 | — |
| Mar 25 | AED 4,439 |
| Feb 25 | AED 3,311 |
| Jan 25 | AED 2,386 |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 8 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 4 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 3 | unchanged 0.0% | AED 17.9M | — | — |
| Last 6 months | 6 | down 70.0% | AED 37.4M | 3,825 | down 2.6% |
| Last 12 months | 26 | down 50.9% | AED 170M | 3,826 | up 3.7% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 26 | 100% | AED 6.50M | 3,826 | up 3.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 3 | 12% | — | — | — |
| 2 bedrooms | 15 | 58% | AED 6.50M | 3,826 | up 7.6% |
| 3 bedrooms | 7 | 27% | AED 8.60M | 4,260 | up 4.9% |
| 4 bedrooms | 1 | 4% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 2 | 8% | — | — | — |
| Hotel apartments | 24 | 92% | AED 6.50M | 3,826 | up 3.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1 | 4% | — | — | — |
| AED 2M–10M | 24 | 92% | AED 6.50M | 3,826 | up 7.2% |
| AED 10M–50M | 1 | 4% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 300K |
| Aug 26 | — |
| Jul 26 | AED 374K |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 360K |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 360K |
| Jun 25 | — |
| May 25 | AED 385K |
| Apr 25 | AED 345K |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 300K |
| Dec 24 | — |
| Nov 24 | AED 350K |
- Leases (12M)
- 71
- New leases
- 71.8%
- Median rent 3M
- AED 313K
- Rent/sqft 3M
- AED 193
| 2 BR apartments | AED 308K / AED 6.50M | 4.7% |
|---|---|---|
| 3 BR apartments | AED 465K / AED 8.60M | 5.4% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 10 | AED 200K | — | 180 |
| 2 BR | 28 | AED 308K | AED 330K | 195 |
| 3 BR | 14 | AED 465K | AED 450K | 215 |
Competing projects in Downtown Dubai
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti SkybladeBinghatti | 382 | 3,909 | — |
| Fairmont Residences Solara TowerSOL Properties | 41 | 3,740 | — |
| Burj KhalifaEmaar Properties | 78 | 2,739 | down 2.5% |
| Baccarat Hotel Downtown Dubai T2H&H Investment and Development | 15 | 5,156 | — |
| The Address The BLVDEmaar Properties | 38 | 3,541 | — |
| The Address Downtown HotelEmaar Properties | 50 | 3,410 | — |
| Imperial AvenueSp International Property Developers | 52 | 2,422 | — |
| St. Regis Residences Tower 1Emaar Properties | 48 | 3,307 | — |
| Grande Signature ResidencesEmaar Properties | 44 | 3,094 | — |
| The Address Residences Dubai Opera T2Emaar Properties | 30 | 3,044 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 7.00M | 2 BR Hotel apartment · 1,699 sqftThe Address Residence Sky View 1 · Downtown Dubai | 10 Aug |
| AED 6.80M | 2 BR Apartment · 1,699 sqftThe Address Residence Sky View 1 · Downtown Dubai | 16 Sept |
| AED 4.10M | 1 BR Apartment · 1,157 sqftThe Address Residence Sky View 1 · Downtown Dubai | 21 Sept |
Questions about The Address Residence Sky View 1
How many properties were sold in The Address Residence Sky View 1 in the last year?
26 sales worth AED 170M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Address Residence Sky View 1?
The median annual rent on leases registered in the last three months was AED 313K, and the best gross rental yield is about 5.4%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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