THE ADDRESS RESIDENCE - SKY VIEW

Ready

DeveloperEMAAR 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

Momentum: Last 90Dvs Last 12M Baseline

Falling

-10%

Decline

Current:AED 3,721/sqft

Last 12M:AED 4,157/sqft

Momentum: Last 12Mvs Prior Year

Rising

+4%

Growth

Last 12M:AED 4,157/sqft

Prior Year:AED 4,000/sqft

Community Compare: Last 90DDownTown Dubai

Premium

+32%

Above Avg

Project:AED 3,715/sqft

Community:AED 2,814/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

62Sold (Last 12M)

Supply & Demand Matrix

THE ADDRESS RESIDENCE - SKY VIEW averaged 9% 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

Velocity

1 Bedroom

136 units

4 sold132 left

Velocity

2 Bedrooms

241 units

25 sold216 left

10%

Velocity

3 Bedrooms

219 units

28 sold191 left

13%

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

Velocity

Shop

7 units

0 sold7 left

Velocity

Layouts & Units (712)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 132 units	Type Hotel Apartment	Beds 2 B/R	Size 1,699 sqft	Avg Price AED 5.4M	Last Price AED 6.5M	Last Sold 7 days ago	Sales 104

Units 108 units	Type Hotel Apartment	Beds 3 B/R	Size 2,019 sqft	Avg Price AED 7.0M	Last Price AED 8.7M	Last Sold 7 days ago	Sales 80

Units 10 units	Type Hotel Apartment	Beds 4 B/R	Size 2,538 sqft	Avg Price AED 10.1M	Last Price AED 9.0M	Last Sold 15 days ago	Sales 7

Units 12 units	Type Hotel Apartment	Beds 1 B/R	Size 872 sqft	Avg Price AED 2.4M	Last Price AED 2.8M	Last Sold 17 days ago	Sales 11

Units 10 units	Type Hotel Apartment	Beds 3 B/R	Size 2,428 sqft	Avg Price AED 9.1M	Last Price AED 12.0M	Last Sold about 1 month ago	Sales 5

Units 27 units	Type Hotel Apartment	Beds 2 B/R	Size 1,542 sqft	Avg Price AED 4.4M	Last Price AED 5.6M	Last Sold about 2 months ago	Sales 26

Units 12 units	Type Hotel Apartment	Beds 1 B/R	Size 1,157 sqft	Avg Price AED 3.3M	Last Price AED 4.0M	Last Sold 2 months ago	Sales 7

Units 27 units	Type Hotel Apartment	Beds 2 B/R	Size 1,329 sqft	Avg Price AED 4.1M	Last Price AED 5.5M	Last Sold 3 months ago	Sales 17

Units 27 units	Type Hotel Apartment	Beds 3 B/R	Size 2,438 sqft	Avg Price AED 7.6M	Last Price AED 12.1M	Last Sold 3 months ago	Sales 19

Units 10 units	Type Hotel Apartment	Beds 5 B/R	Size 3,130 sqft	Avg Price AED 11.5M	Last Price AED 14.5M	Last Sold 3 months ago	Sales 12

Units 39 units	Type Hotel Apartment	Beds 3 B/R	Size 2,427 sqft	Avg Price AED 6.7M	Last Price AED 10.0M	Last Sold 4 months ago	Sales 23

Units 5103	Type Hotel Apartment	Beds 3 B/R	Size 2,434 sqft	Avg Price AED 16.1M	Last Price AED 16.1M	Last Sold 5 months ago	Sales 1

Units 27 units	Type Hotel Apartment	Beds 2 B/R	Size 1,543 sqft	Avg Price AED 3.7M	Last Price AED 5.0M	Last Sold 9 months ago	Sales 15

Units 24 units	Type Hotel Apartment	Beds 2 B/R	Size 1,519 sqft	Avg Price AED 4.6M	Last Price AED 5.4M	Last Sold 9 months ago	Sales 8

Units 5 units	Type Hotel Apartment	Beds 4 B/R	Size 2,537 sqft	Avg Price AED 11.4M	Last Price AED 12.5M	Last Sold 10 months ago	Sales 8

Units 2 units	Type Hotel Apartment	Beds 3 B/R	Size 5,193 sqft	Avg Price AED 33.0M	Last Price AED 33.0M	Last Sold 11 months ago	Sales 1

Units 5701	Type Hotel Apartment	Beds 3 B/R	Size 6,665 sqft	Avg Price AED 45.5M	Last Price AED 45.5M	Last Sold 11 months ago	Sales 1

Units SK03	Type Hotel Apartment	Beds 3 B/R	Size 4,916 sqft	Avg Price AED 38.3M	Last Price AED 38.3M	Last Sold 11 months ago	Sales 1

Units 2 units	Type Hotel Apartment	Beds 2 B/R	Size 1,943 sqft	Avg Price AED 7.4M	Last Price AED 7.8M	Last Sold 11 months ago	Sales 2

Units 12 units	Type Hotel Apartment	Beds 3 B/R	Size 1,851 sqft	Avg Price AED 4.5M	Last Price AED 6.0M	Last Sold 11 months ago	Sales 8

Units SK06	Type Hotel Apartment	Beds 3 B/R	Size 4,625 sqft	Avg Price AED 34.0M	Last Price AED 34.0M	Last Sold 11 months ago	Sales 1

Units 27 units	Type Hotel Apartment	Beds 1 B/R	Size 1,051 sqft	Avg Price AED 2.8M	Last Price AED 3.8M	Last Sold about 1 year ago	Sales 16

Units SK07	Type Hotel Apartment	Beds 3 B/R	Size 4,828 sqft	Avg Price AED 22.0M	Last Price AED 25.5M	Last Sold over 1 year ago	Sales 2

Units SK04	Type Hotel Apartment	Beds 3 B/R	Size 4,560 sqft	Avg Price AED 24.5M	Last Price AED 24.5M	Last Sold over 1 year ago	Sales 1

Units 5502	Type Hotel Apartment	Beds 3 B/R	Size 5,191 sqft	Avg Price AED 29.8M	Last Price AED 29.8M	Last Sold over 1 year ago	Sales 1

Units SK01	Type Hotel Apartment	Beds 6 B/R	Size 7,295 sqft	Avg Price AED 39.5M	Last Price AED 39.5M	Last Sold almost 2 years ago	Sales 1

Units 2 units	Type Hotel Apartment	Beds 4 B/R	Size 3,288 sqft	Avg Price AED 15.5M	Last Price AED 15.5M	Last Sold almost 3 years ago	Sales 1

Units 5501	Type Hotel Apartment	Beds 4 B/R	Size 8,100 sqft	Avg Price AED 40.0M	Last Price AED 40.0M	Last Sold almost 3 years ago	Sales 1

Units 5801	Type Hotel Apartment	Beds 4 B/R	Size 9,129 sqft	Avg Price AED 44.0M	Last Price AED 44.0M	Last Sold almost 3 years ago	Sales 1

Units 5103	Type Hotel Apartment	Beds 3 B/R	Size 4,821 sqft	Avg Price AED 18.8M	Last Price AED 18.8M	Last Sold almost 3 years ago	Sales 1

Units 5 units	Type Hotel Apartment	Beds 3 B/R	Size 2,134 sqft	Avg Price AED 6.6M	Last Price AED 7.3M	Last Sold almost 3 years ago	Sales 4

Units 5 units	Type Hotel Apartment	Beds 4 B/R	Size 2,281 sqft	Avg Price AED 7.2M	Last Price AED 8.0M	Last Sold about 3 years ago	Sales 3

Units 5204	Type Hotel Apartment	Beds 4 B/R	Size 3,296 sqft	Avg Price AED 13.8M	Last Price AED 13.8M	Last Sold almost 5 years ago	Sales 1

Units SK08	Type Hotel Apartment	Beds 4 B/R	Size 4,726 sqft	Avg Price AED 16.0M	Last Price AED 16.0M	Last Sold about 5 years ago	Sales 1

Units 9 units	Type Flat	Beds 1 B/R	Size 793 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 25 units	Type Flat	Beds 1 B/R	Size 844 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 28 units	Type Flat	Beds 1 B/R	Size 896 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 913 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3101	Type Flat	Beds 1 B/R	Size 965 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 1 B/R	Size 998 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 1 B/R	Size 1,136 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5305	Type Hotel Apartment	Beds 2 B/R	Size 1,923 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5101	Type Hotel Apartment	Beds 2 B/R	Size 1,968 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Hotel Apartment	Beds 3 B/R	Size 2,156 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5303	Type Hotel Apartment	Beds 3 B/R	Size 2,418 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SK02	Type Hotel Apartment	Beds 3 B/R	Size 4,683 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SK05	Type Hotel Apartment	Beds 3 B/R	Size 4,911 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5104	Type Hotel Apartment	Beds 4 B/R	Size 3,282 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5601	Type Hotel Apartment	Beds 4 B/R	Size 7,607 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 32 units	Type Flat	Beds Studio	Size 572 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 33 units	Type Flat	Beds Studio	Size 595 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units ASVP-LL-01	Type Shop	Beds —	Size 7,595 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5901	Type Hotel Apartment	Beds 5 B/R	Size 8,309 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 558 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3207	Type Flat	Beds Studio	Size 574 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units K 01	Type Shop	Beds —	Size 139 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1-02	Type Shop	Beds —	Size 601 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1-01	Type Shop	Beds —	Size 1,304 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 54-01	Type Shop	Beds —	Size 14,231 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G-01	Type Shop	Beds —	Size 14,453 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OBSERVATORY	Type Shop	Beds —	Size 55,839 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Hotel	Type Hotel	Beds —	Size 598,168 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

62 unique layouts covering 712 units