Project
The Address Residence - Sky View
The Address Residence Sky View is a multi-building complex in Downtown Dubai, Dubai. A completed project of hotel apartments in Downtown Dubai, priced above the Downtown Dubai median.
01 / Transactions
Latest The Address Residence - Sky View transactions
02 / About
About The Address Residence - Sky View
The Address Residence Sky View is a multi-building complex in Downtown Dubai, Dubai.
The Address Residence Sky View at a glance
- Area
- Downtown Dubai
- Brand partnership
- Developed in collaboration with Address Hotels + Resorts. Learn more
- Developer
- Emaar Properties through its subsidiary Emaar Development
- Units
- The development contains a total of 720 units
- Architect
- The architectural consultant was Skidmore, Owings & Merrill
- Contractor
- The main building work was done by Arabian Construction Company
- Structure
- The substructure contains three basement levels which are used for parking
- History
- The project occupies a plot of land that was initially intended for a different development, Burj Place, which has since been cancelled
Homes, design and facilities
In January 2021 it was reported that a European fund had bought the Sky View tower from Emaar for more than Dh750 million.
The complex comprises 532 serviced apartments and a 180-room luxury hotel.
The building is linked directly to the Dubai Metro and the Dubai Mall via an air-conditioned travelator.
Spanning the tower complex at level 54 is a unique Sky Bridge, which includes a signature restaurant, ballroom, infinity pool with amenity deck, offering 360-degree vistas of Downtown Dubai and panoramic views of the Gulf.
All serviced apartments are fully furnished and designed to ensure optimal light across all living spaces with floor-to-ceiling windows giving views of Downtown Dubai or the Gulf.
Designed by Skidmore, Owings & Merrill, the architects of Burj Khalifa, the towers have 50 floors and are over 230 metres high.
- rooftop infinity pool
Getting around
- Dubai Mall
- 3 min
- Palm Jumeirah
- 18 min
- Burj Al Arab
- 17 min
- The Walk JBR
- 22 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Buildings in the development
The development comprises two individual buildings: The Address Residence Sky View Tower 1 and The Address Residence Sky View Tower 2.
- The Address Residence Sky View Tower 1
- The Address Residence Sky View Tower 2
Construction and handover
Construction began in August 2013. The estimated handover date was 2017. The project was completed in Nov 2019.
- Construction Started
- August 2013
- Estimated Completion
- 2017
- Construction Finished
- November 2019
Nearby neighbourhoods
- City Walk0.9 km
- Dubai International Financial Centre1.6 km
- Business Bay1.7 km
- La Mer3.4 km
The Address Residence - Sky View recorded 32 market sales from 6 Jan 2026 – 13 Oct 2026, at a median price of AED 6,825,000 (AED 3,826/sqft). The Address Residence - Sky View's median price per sqft (AED 3,826/sqft) is 34% above the Downtown Dubai median (AED 2,849/sqft).
03 / Prices
The Address Residence - Sky View prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
1 bedroom | 3 | 4M AED | 3,544 | |
2 bedrooms | 19 | 6.5M AED | 3,914 | |
3 bedrooms | 7 | 8.4M AED | 4,113 | |
4 bedrooms | 3 | 9M AED | 3,546 |
04 / Rents
Renting in The Address Residence - Sky View
Medians of the 7 market rents (one property, about a year) among 8 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 325,000
- Per sqft / yr
- AED 191/sqft
- Gross yield
- —
Market pulse / weekly
The Address Residence - Sky View price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 5 Jan 2026Total AED 11,800,000 | 2 | AED 5,900,000 | AED 3,378/sqft |
| Week of 12 Jan 2026Total AED 15,200,000 | 2 | AED 7,600,000 | AED 4,068/sqft |
| Week of 19 Jan 2026Total AED 19,750,000 | 3 | AED 6,850,000 | AED 4,032/sqft |
| Week of 26 Jan 2026Total AED 12,800,000 | 1 | AED 12,800,000 | AED 5,273/sqft |
| Week of 9 Feb 2026Total AED 27,620,000 | 3 | AED 7,620,000 | AED 4,485/sqft |
| Week of 16 Feb 2026Total AED 8,525,000 | 1 | AED 8,525,000 | AED 4,387/sqft |
| Week of 2 Mar 2026Total AED 8,000,000 | 1 | AED 8,000,000 | AED 4,709/sqft |
| Week of 9 Mar 2026Total AED 6,200,000 | 1 | AED 6,200,000 | AED 3,650/sqft |
| Week of 16 Mar 2026Total AED 13,150,000 | 2 | AED 6,575,000 | AED 3,510/sqft |
| Week of 23 Mar 2026Total AED 5,200,000 | 1 | AED 5,200,000 | AED 3,371/sqft |
| Week of 30 Mar 2026Total AED 5,300,000 | 1 | AED 5,300,000 | AED 3,491/sqft |
| Week of 13 Apr 2026Total AED 1,800,000 | 1 | AED 1,800,000 | — |
| Week of 27 Apr 2026Total AED 10,000,000 | 1 | AED 10,000,000 | AED 4,113/sqft |
| Week of 4 May 2026Total AED 6,500,000 | 1 | AED 6,500,000 | AED 3,218/sqft |
| Week of 18 May 2026Total AED 10,500,000 | 2 | AED 5,250,000 | AED 3,815/sqft |
| Week of 1 Jun 2026Total AED 8,200,000 | 1 | AED 8,200,000 | AED 4,060/sqft |
| Week of 8 Jun 2026Total AED 8,400,000 | 1 | AED 8,400,000 | AED 4,156/sqft |
| Week of 20 Jul 2026Total AED 6,500,000 | 1 | AED 6,500,000 | AED 3,826/sqft |
| Week of 10 Aug 2026Total AED 7,000,000 | 1 | AED 7,000,000 | AED 4,120/sqft |
| Week of 24 Aug 2026Total AED 8,000,000 | 1 | AED 8,000,000 | AED 3,510/sqft |
| Week of 14 Sept 2026Total AED 6,800,000 | 1 | AED 6,800,000 | AED 4,002/sqft |
| Week of 21 Sept 2026Total AED 4,100,000 | 1 | AED 4,100,000 | AED 3,544/sqft |
| Week of 28 Sept 2026Total AED 4,400,000 | 1 | AED 4,400,000 | AED 2,853/sqft |
| Week of 12 Oct 2026Total AED 7,665,888 | 1 | AED 7,665,888 | AED 4,512/sqft |
05 / Nearby
Other projects in Downtown Dubai
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 94 | 3.88M AED | 3,116 | ||
| 78 | 4.65M AED | 2,883 | ||
| 70 | 3.65M AED | 3,926 | ||
| 49 | 2M AED | 2,126 | ||
| 48 | 3.3M AED | 2,345 | ||
| 47 | 4M AED | 3,368 | ||
| 45 | 2.76M AED | 3,050 | ||
| 45 | 2.57M AED | 2,728 | ||
09 | 40 | 3.29M AED | 2,841 | |
10 | 39 | 4M AED | 3,380 |
06 / Talk to us
Interested in The Address Residence - Sky View?
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A registered project can include several buildings or phases, so these figures cover the whole project.