3-bed · 2,019 sqftThe Address Residence Sky View 1, Downtown Dubai · 29th floor · completed 2019

2906, The Address Residence Sky View 1

Sold prices and rental history: sold 5 times, last in September 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 8.35M2 September 2025
Current rentAED 400K /yr14 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, The Address Residence Sky View 1

What is 2906 worth today?

Last sold for AED 8,350,000 in 2025

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2 Sep 2025SoldReady
AED 8,350,000AED 4,135 per sqft
6 Jan 2025SoldReady
AED 6,000,000AED 2,971 per sqft
14 Aug 2023RentedRenewal
AED 400,000/yr12 months · AED 198 per sqft
31 Jul 2022RentedNew contract
AED 400,000/yr12 months · AED 198 per sqft
1 Feb 2022SoldReady
AED 6,000,000AED 2,971 per sqft
3 Nov 2014SoldOff-plan
AED 5,539,684AED 2,743 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,275,888AED 2,613 per sqft

Source: Dubai Land Department. Updated 2 September 2025.

Key facts

Type
3-bed hotel apartment
Size
2,019 sqft
Floor
29th of 58
Parking
B2-201, B2-200
Developer
Emaar
Completed
2019
Last sold
AED 8.35M · September 2025

About 2906, The Address Residence Sky View 1

2906 is a three-bedroom hotel apartment of 2,019 sqft on the 29th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 2 September 2025 for AED 8,350,000, or AED 4,135 per sqft, in line with the AED 4,109 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 14 August 2023, is AED 400,000 a year: a gross yield of 4.8% on the 2025 price.

Sales and rents for 2906 over time

Sales
Unit 2906, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, December 2013: AED 5,275,888 (AED 2,613 per sqft)Sold, November 2014: AED 5,539,684 (AED 2,743 per sqft)Sold, February 2022: AED 6,000,000 (AED 2,971 per sqft)Sold, January 2025: AED 6,000,000 (AED 2,971 per sqft)Sold, September 2025: AED 8,350,000 (AED 4,135 per sqft)

2906 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2906, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000New contract, July 2022: AED 400,000 a yearRenewal, August 2023: AED 400,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Address Residence Sky View 1, and where 2906 sits

All 121 3-beds →

2906 last sold in September 2025 at AED 4,135 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,109). Over the last 12 months three-beds sold for AED 6,000,000 to 12,800,000, around AED 4,257 per sqft, and rent for AED 300,000 to 655,000 a year. 2906's AED 400,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
7 3-bed sales in the last 12 months

The Address Residence Sky View 1

Building

326 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 30 sold in the last 12 months.

Typical price per sqft
AED 3,825 Level
Typical sale
AED 6.5M
Typical rent
AED 300K /yr
Typical yield
5.4%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
29012-bedAED 3.14M · Dec 2013
29023-bedAED 4.5M · Dec 2020
29032-bedAED 3.65M · Feb 2021
29043-bedAED 6.55M · May 2022
29052-bedAED 5.5M · Feb 2023
29072-bedAED 3.54M · Dec 2013

2906, The Address Residence Sky View 1 in numbers

  • Sold 5 times: first on 2 December 2013 for AED 5,275,888, last on 2 September 2025 for AED 8,350,000 (AED 4,135 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2025 price is 4.8%.
  • Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000–12,800,000 in the 12 months to November 2026; the building's median across all types is AED 3,825 per sqft.

Source: Dubai Land Department. Updated 2 September 2025.

Questions about 2906, The Address Residence Sky View 1

What did unit 2906 last sell for?

AED 8,350,000 on 2 September 2025: AED 4,135 per sqft for 2,019 sqft. The unit has 5 registered sales; the first was AED 5,275,888 in December 2013.

What is the rent for unit 2906?

AED 400,000 a year on the contract renewed on 14 August 2023. The previous contract, from July 2022, was AED 400,000.

How big is unit 2906?

2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 29th floor of a 58-storey tower completed in 2019.

What is unit 2906 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000 to 12,800,000 in the last 12 months, around AED 4,257 per sqft.

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Mortgage on 2906, The Address Residence Sky View 1

Starts from the last sale price (AED 8.35M, 2 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,350,000
Deposit, UAE resident (20%)
AED 1,670,000
Deposit, non-resident (40%)
AED 3,340,000
Monthly over 25 years at 3.7%
AED 34,162

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →