THE ADDRESS RESIDENCE - SKY VIEW
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
12 years 5 months ago01-08-2013
Handover
6 years 3 months ago30-09-2019
Status
CompleteFinished
Project Description
Project description:- Sky View project consist of-Two Towers- 3 Basements + G+ 3 Podium+ 52/61 Levels for Freehold within Burj Khalifa Area. with external and internal finishes
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-7%
DeclineCurrent:AED 3,910/sqft
Last 12M:AED 4,217/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 4,217/sqft
Prior Year:AED 3,929/sqft
Community Compare: Last 90DDownTown Dubai
Premium+38%
Above AvgProject:AED 3,891/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
60Sold (Last 12M)
Supply & Demand Matrix
THE ADDRESS RESIDENCE - SKY VIEW averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
68 units
0 sold68 left
0%
Velocity
1 Bedroom
136 units
4 sold132 left
3%
Velocity
2 Bedrooms
241 units
24 sold217 left
10%
Velocity
3 Bedrooms
219 units
27 sold192 left
12%
Velocity
4 Bedrooms
28 units
3 sold25 left
11%
Velocity
5 Bedrooms
11 units
2 sold9 left
18%
Velocity
6 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Layouts & Units (712)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 31-55 | Inventory 68units 4 layouts 5-6 sqm balcony | Size Range 558-595sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 1 Bed FlatFloors 31-55 | Inventory 85units 7 layouts 6-13 sqm balcony | Size Range 793-1,136sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 68 Bed Hotel | Inventory 1units Typically 12 parking | Size Range 598,168-598,168sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Hotel | Inventory 0units | Size Range 598,168-598,168sqft | Price Range AED 330.0M - AED 330.0M | Avg PSF 552 | Sales 1 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 4-57 | Inventory 219units 22 layouts · Typically 2.5 parking 6-122 sqm balcony | Size Range 808-6,665sqft | Price Range AED 3.3M - AED 45.5M | Avg PSF 2,778 | Sales 149 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 4-53 | Inventory 241units 11 layouts · Typically 1 parking 6-15 sqm balcony | Size Range 170-3,038sqft | Price Range AED 700K - AED 8.0M | Avg PSF 2,599 | Sales 178 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 4-43 | Inventory 51units 3 layouts · Typically 1 parking ~6 sqm balcony | Size Range 526-1,188sqft | Price Range AED 1.8M - AED 4.0M | Avg PSF 2,385 | Sales 34 | Trend — | |
Asset Class 5 Bed Hotel ApartmentFloors 44-58 | Inventory 11units 2 layouts · Typically 3 parking 25-127 sqm balcony | Size Range 3,078-8,358sqft | Price Range AED 5.7M - AED 17.0M | Avg PSF 3,054 | Sales 12 | Trend — | |
Asset Class 4 Bed Hotel ApartmentFloors 44-58 | Inventory 28units 13 layouts · Typically 2.9 parking 12-173 sqm balcony | Size Range 1,269-9,129sqft | Price Range AED 3.8M - AED 44.0M | Avg PSF 3,063 | Sales 24 | Trend — | |
Asset Class 6 Bed Hotel ApartmentFloor 52 | Inventory 1units Typically 3 parking ~128 sqm balcony | Size Range 7,295-7,295sqft | Price Range AED 39.5M - AED 39.5M | Avg PSF 4,304 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,157-2,020sqft | Price Range — | Avg PSF 7,179 | Sales 0 | Trend — | |
Asset Class ShopPodium + Floors 1-54 | Inventory 7units 7 layouts · Typically 3.6 parking 354-1403 sqm balcony | Size Range 139-55,839sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 12 asset classes covering 712 units