The Address Sky View Tower 1, Downtown Dubai
The Address Sky View Tower 1 is a 60-plus-storey, individually-owned residential tower on Sheikh Mohammed bin Rashid Boulevard in Downtown Dubai, developed by Emaar under the Address Hotels + Resorts brand. Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.
Storeys
60+
Developer
Emaar Properties
Completed
2019
Ownership
Freehold (residences)
Twin tower
Tower 2 (mixed hotel/serviced)
About The Address Sky View Tower 1
The Address Sky View Tower 1 is the residential half of Emaar’s twin-tower Address Sky View development in Downtown Dubai, completed in 2019 after construction began in 2013. Unlike its sister building, Tower 2, which combines a hotel with serviced apartments, Tower 1 is dedicated entirely to individually-owned, freehold residences, apartments here are privately owned, not hotel rooms, though residents still benefit from Address Hotels + Resorts-grade management and services. The two towers are connected by a three-level sky bridge at level 51, home to a shared infinity-edge pool with sweeping views over Downtown Dubai.
Standing over 60 storeys and positioned directly on Sheikh Mohammed bin Rashid Boulevard, Tower 1 puts residents an air-conditioned travelator ride from The Dubai Mall and Dubai Metro, with the Burj Khalifa and Dubai Fountain both within easy walking distance.
Location & Nearby Landmarks
Address Sky View Tower 1 sits on Sheikh Mohammed bin Rashid Boulevard, in the heart of Downtown Dubai’s Burj Khalifa district. The Dubai Mall and Burj Khalifa are both within easy reach on foot or via the building’s air-conditioned mall travelator, and Dubai Metro’s Burj Khalifa/Dubai Mall station is a short walk away.
Nearby buildings Royale Stays also manages or covers include Burj Vista Tower 1, The Address Residences Dubai Opera, Bahwan Tower, and its own sister building, The Address Sky View Tower 2, all within the same short-term-rental-dense pocket of Downtown Dubai.
Unit Types
Apartments in Tower 1 span 1, 2, 3, 4, and 5-bedroom layouts, plus penthouse and duplex configurations. Three-bedroom units run roughly 1,736 to 2,368 sq ft, while four-bedroom apartments range from about 2,170 to 2,900 sq ft, generously sized even by Downtown Dubai standards, which matters for owners targeting families and longer-staying guests who pay a premium for extra space.
Amenities
Residents share the sky bridge’s infinity-edge pool along with a standard pool, fully equipped gym, 24-hour security, and a dedicated children’s play area. Concierge services reflect the building’s Address Hotels + Resorts management, giving owners a genuine hotel-grade service layer without owning a hotel room.
Transportation & Access
Address Sky View Tower 1 connects directly to The Dubai Mall via an air-conditioned travelator, with Dubai Metro’s Burj Khalifa/Dubai Mall station a short walk away. The location on Sheikh Mohammed bin Rashid Boulevard keeps the Burj Khalifa and Dubai Fountain within easy walking distance for residents and guests alike.
Rental & Price Trends
Royale Stays has not independently verified a building-specific long-term rental yield figure for Address Sky View Tower 1 at this time. Downtown Dubai apartments in Royale Stays’ own managed portfolio have averaged strong occupancy given the area’s year-round demand; owners considering a unit here should treat any specific yield percentage quoted by a portal as a starting point for their own due diligence rather than a guaranteed return.
Airbnb / Short-Term Rental Income Potential
Downtown Dubai’s combination of year-round tourist demand, proximity to the Burj Khalifa and Dubai Mall, and a steady stream of business travellers makes buildings like Address Sky View Tower 1 attractive for short-term letting, though as an Emaar Hospitality-managed, Address-branded building, the DTCM holiday-home permit here is arranged through the building’s own management company rather than as a standalone owner application.
Royale Stays handles that coordination directly, alongside furnishing, professional photography, dynamic pricing, guest communication, check-in, and maintenance, for a fee starting from 15%.
No confirmed direct STR listing was found for this specific building during research; Downtown Dubai's own strong demand profile is used above as context, not a building-specific claim.
Questions