The average selling price for the luxury residences were in the range of AED4,000 per square feet, according to the Arabic daily 'Al Khaleej'.
In March 2013, Emirates 24|7 reported Emaar had sold units (not the uppermost floors) in The Address Residence Sky View project at an average price of AED2,600 per square feet.
The Address Residence Sky View, a 50-storey hotel, residence and serviced apartment twin-tower complex, in Downtown Dubai is slated for completion in August 2016.
At a height of over 230 metres, the Sky View tower will have 532 serviced apartments fully-furnished with floor-to-ceiling windows and will be linked directly to the Dubai Metro and The Dubai Mall via a new air-conditioned travelator.
Spanning the tower complex will be a 'Sky Bridge', which includes a signature restaurant, ballroom, infinity pool with amenity deck that will offer 360-degree vistas of Downtown Dubai.