PropertyIndex

The Address Residence - Sky View

Completed · Q3 2019|791 units · 2 towers · 3 buildings

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The Address Residence - Sky View is a completed apartment development by EMAAR DEVELOPMENT P.J.S.C. in Downtown Dubai, Burj Khalifa, comprising 791 registered units. 1,174 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,075 per sqft. At AED 4,075 per sqft, The Address Residence - Sky View prices 33% above the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 2.8% YoY
8.26MAED
Typical
4,075AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
1,174
DLD · all time
Rent contracts
1,166
Ejari · all time
The Address Residence - Sky View

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
117 – 598,168 sqft
7918.26M4,0752.8%571K6.9%
Residential
Studio · Apartment
558 – 595 sqft
68
1 Bed · Apartment
793 – 1,136 sqft
85
1 Bed · Hotel Apartment
872 – 1,157 sqft
51
2 Bed · Hotel Apartment
1,329 – 1,968 sqft
241
3 Bed · Hotel Apartment
1,851 – 4,916 sqft
219
4 Bed · Hotel Apartment
2,279 – 4,726 sqft
28
5 Bed · Hotel Apartment
3,130 sqft
11
6 Bed · Hotel Apartment
7,295 sqft
1
Hospitality
Studio · Hotel Room
598,168 sqft
1
Hotel Room (Bedrooms Unknown)
598,163 sqft
Commercial
Shop
7,595 – 14,453 sqft
7
Store
117 – 682 sqft
79
Sales — Project-Wide1,174 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 105 sales
Floors 4-32 · 62 sales
Floors 33-52 · 43 sales
Address Residences Sky View 2 · 34 sales
Floors 4-32 · 19 sales
Floors 33-52 · 15 sales
Address Residences Sky View · 69 sales
Floors 4-32 · 43 sales
Floors 33-52 · 26 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
10 Aug 20262 BedAddress Residences Sky View · Floor 341,6997,000,0004,120StandardStandard Sale
22 Jul 20262 BedAddress Residences Sky View · Floor 171,6996,500,0003,826+49.3%StandardStandard Sale
11 Jun 20263 BedAddress Residences Sky View 2 · Floor 212,0218,400,0004,156-1.2%StandardStandard Sale
Rentals — Project-Wide1,166 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower Analysis
last 24 months
All towers · 287 rentals
Address Residences Sky View 2 · 122 rentals
Address Residences Sky View · 164 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
13 Aug 20261 BedAddress Residences Sky View 2 · Floor 371,051200,000190-14.9%Entry Levelnew
10 Aug 20263 BedAddress Residences Sky View 2 · Floor 192,438480,0001970.0%Entry Levelnew
10 Aug 20263 BedAddress Residences Sky View 2 · Floor 192,438480,0001970.0%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about The Address Residence - Sky View

Answered from Dubai Land Department registered transactions.

How much does a property in The Address Residence - Sky View cost?

Property in The Address Residence - Sky View sells at a current PIX© price of AED 4,075 per sqft, or about AED 8,255,673 for a typical unit, based on 1,174 sales registered with the Dubai Land Department.

Is The Address Residence - Sky View completed?

Yes. The Address Residence - Sky View is recorded as completed in the Dubai Land Department project register (completed q3 2019).

Who is the developer of The Address Residence - Sky View?

The Address Residence - Sky View is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Address Residence - Sky View?

The Address Residence - Sky View yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,166 registered Ejari contracts.

How many units are in The Address Residence - Sky View?

The Address Residence - Sky View holds 791 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in The Address Residence - Sky View gone up or down?

Price per sqft has fallen -2.8% over the last 12 months, to AED 4,075, across 1,174 registered sales.

About Address Sky View

Address Sky View is a completed luxury twin-tower mixed-use development by Emaar Properties in Downtown Dubai, featuring a five-star hotel, serviced apartments, and a unique conjoining Sky Bridge.

Overview and Architecture

Address Sky View is an architectural landmark in Downtown Dubai, consisting of two high-rise towers measuring 264.2 metres (Tower 1) and 235.6 metres (Tower 2) connected at their summit by a multi-level Sky Bridge. Designed by Skidmore, Owings & Merrill (SOM) with lead consultancy by NORR Group, the towers' design is inspired by wind-swept desert sands and features high-performance Guardian SunGuard Solar Silver 20 glazed facades.

The Sky Bridge and Attractions

Conjoining the towers at level 51 (220 metres above the ground) is a floating three-story Sky Bridge. The Sky Bridge hosts a 70-metre-long infinity-edge pool, upscale dining venues such as CÉ LA VI, and eight exclusive Sky Collection duplexes. It also anchors tourist attractions including the glass-floored Sky Views Observatory, the Sky Glass Slide, and the thrilling Sky Edge Walk adventure.

Residential and Hotel Accommodations

The project integrates a 169-key five-star luxury hotel alongside 551 premium serviced apartments ranging from 1 to 6 bedrooms. The serviced units feature contemporary, minimalist interiors with white and beige tones, marble bathrooms, and private balconies offering sweeping views of the Burj Khalifa and the Arabian Gulf.

Location and Seamless Connectivity

Positioned along Sheikh Mohammed Bin Rashid Boulevard, Address Sky View offers excellent transit connectivity. It is linked directly to the Dubai Mall and the Burj Khalifa / Dubai Mall Metro Station via an air-conditioned travelator, while major arteries like Sheikh Zayed Road and Financial Centre Road provide effortless road access.

Amenities
  • Infinity Pool
    A world-famous 70-metre-long glass-walled infinity-edge pool offering sweeping, uninterrupted views of the Burj Khalifa and the city skyline.
  • The Spa
    An 8,000 sq ft state-of-the-art spa featuring private treatment rooms, a spa suite, outdoor cabana, and private jacuzzis with Burj Khalifa views.
  • The Fitness Center
    A high-tech gym complete with a training studio, zen area, and personalized fitness programs.
  • Qix Club
    A dedicated children's club designed for the entertainment and babysitting of kids.
  • CÉ LA VI
    A high-altitude Southeast Asian restaurant, lounge, and rooftop bar featuring an Instagrammable floral arch.
  • The Restaurant
    A global dining concept designed around the theme of a stylish apartment with modular spaces.
  • Amusement Park / Play Areas
    Features a BBQ area and a dedicated outdoor kids' play area.
  • Direct Mall & Metro Link
    An air-conditioned travelator/pedestrian walkway providing direct, seamless access to the Dubai Mall and Burj Khalifa / Dubai Mall Metro Station.
  • Valet & Basement Parking
    Three-level basement car parking offering space for up to 1,400 cars along with premium valet parking service.
  • MICE & Event Spaces
    Features a ballroom, Majlis, a screening room, and multiple meeting rooms.
Also known as The Address Residence Sky View, Address Sky View Hotel & Residences, Address Skyview Residences, The Address Sky View.