The Address Sky View Tower 1

Completed|328 units · 1 tower

The Address Sky View Tower 1 is a completed development by EMAAR in Downtown Dubai, comprising 328 registered units. 703 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,954 per sqft. At AED 3,954 per sqft, The Address Sky View Tower 1 prices in line with the Downtown Dubai median of AED 3,969 per sqft on registered sales.

PIX© price · ↑2.9% YoY

7.31MAED

Typical

3,954AED

PSF

Gross yield

5.3%

PIX© rent ÷ PIX© price

Sale records

703

DLD · all time

Rent contracts

669

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai8 min · 2.3 km

DXB Airport15 min · 15.6 km

DIFC10 min · 4.6 km

Dubai Marina22 min · 21.6 km

Palm Jumeirah22 min · 23.9 km

Nearby · straight-line

Metro stationBurj Khalifa / Dubai Mall0.1 km

MallMazaya Shopping Centre0.6 km

SchoolSalma al Ansaria School1 km

HospitalIranian Hospital Dubai3.3 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 40

…

2 Bed on Floor 40, The Address Sky View Tower 1

Size
Record: Jul 2013 to Jul 2026
Owners: 7
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Tenant 3	5 Jul 2026		Owner 7
7Owner 7	8 Sep 2025	13 mo	Current owner Sold with tenant in place
6Owner 6	21 Jul 2025	2 mo	Sold with tenant in place
2Tenant 2	5 Jul 2025	12 mo	Owner 5
1Tenant 1	5 Jul 2024	13 mo	Renewal Owner 5
1Tenant 1	5 Jul 2023	12 mo	Owner 5
5Owner 5	14 Apr 2021	4.3 yrs
4Owner 4	19 Nov 2019	17 mo
3Owner 3	28 Dec 2014	4.9 yrs
2Owner 2	28 Jul 2013	17 mo
1Owner 1	7 Jul 2013	21 d

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 40 · The Address Sky View Tower 1

Nightly rateAED

Occupancy (237 nights)

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The Address Sky View Tower 13,954AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 168 - 4,821 sqft	328	7.31M	3,954	↑2.9%		391K	5.3%
Residential
1 Bed · Hotel Apartment 872 - 1,157 sqft	24
2 Bed · Hotel Apartment 1,329 - 1,945 sqft	159
3 Bed · Hotel Apartment 1,851 - 4,821 sqft	121
4 Bed · Hotel Apartment 2,538 - 3,295 sqft	16					-	-
5 Bed · Hotel Apartment 3,130 sqft	6					-	-
Commercial
Warehouse 168 - 196 sqft	2	-	-	-	-	-	-

Sales - Project-Wide703 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
21 Sep 2026	1 Bed	The Address Sky View Tower 1 · Floor 14	1,157	4,100,000	3,544	+2.5%	Standard	Standard Sale
16 Sep 2026	2 Bed	The Address Sky View Tower 1 · Floor 21	1,699	6,800,000	4,002	+40.7%	Standard	Standard Sale
10 Aug 2026	2 Bed	The Address Sky View Tower 1 · Floor 34	1,699	7,000,000	4,120	-	Standard	Standard Sale

Rentals - Project-Wide669 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Oct 2026	2 Bed	The Address Sky View Tower 1 · Floor 14	1,699	325,000	191	-	Standard	CERTIFICATE
10 Oct 2026	3 Bed	The Address Sky View Tower 1 · Floor 24	2,019	425,000	211	-	Standard	CERTIFICATE
5 Oct 2026	2 Bed	The Address Sky View Tower 1 · Floor 29	1,543	290,000	188	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

The Address Sky View Tower 1

Compared with

Vida Residence Downtown

PIX© PSF

3,969

Rank

#7 of 13

#6 of 13

Typical price

7.27M

Yield

5.3%

Units

328

357

Sales

149

175

Rents

377

495

Developer

EMAAR

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Address Residence Fountain Views 1 EMAAR · Completed	304					157	313
	The Address Residence Fountain Views EMAAR · Completed	871					373	811
	Kempinski BLVD EMAAR · Completed	545					256	792
	The Address Residence Fountain Views 2 EMAAR · Completed	311					130	322
	Vida Residence Downtown EMAAR · Completed	357					175	495
7	The Address Sky View Tower 1 EMAAR · Completed	328	3,969	Subject	7.27M	5.3%	149	377
	Vida Dubai Mall Tower 1 EMAAR · Completed	452					27	116
	Vida Residences Dubai Mall EMAAR · Completed	760					44	365
	The Address Sky View Towers EMAAR · Completed	798					249	687
	The Address Sky View Tower 2 EMAAR · Completed	317					100	310
	Upper Crest DAMAC · Completed	398					131	1,143

Community median 3,969 AED/sqft. Showing the closest-ranked peers of 13 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 22 excluded for trading only in the off-plan market. 47 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Vida Residence DowntownAED 4,069/sqft
The Address Residence Fountain Views 2AED 4,120/sqft
Kempinski BLVDAED 4,149/sqft
Vida Dubai Mall Tower 1AED 3,693/sqft
Vida Residences Dubai MallAED 3,693/sqft
The Address Sky View TowersAED 3,687/sqft

Common questions about The Address Sky View Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in The Address Sky View Tower 1 cost?

Property in The Address Sky View Tower 1 sells at a current PIX© price of AED 3,954 per sqft, or about AED 7,312,958 for a typical unit, based on 703 sales registered with the Dubai Land Department.

Is The Address Sky View Tower 1 completed?

Yes. The Address Sky View Tower 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of The Address Sky View Tower 1?

The Address Sky View Tower 1 is developed by EMAAR, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Address Sky View Tower 1?

The Address Sky View Tower 1 yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 669 registered Ejari contracts.

How many units are in The Address Sky View Tower 1?

The Address Sky View Tower 1 holds 328 registered units, per the Dubai Land Department unit register.

Have prices in The Address Sky View Tower 1 gone up or down?

Price per sqft has risen +2.9% over the last 12 months, to AED 3,954, across 703 registered sales.