2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 30th floor · completed 2019

3005, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 6.6M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3005, The Address Residence Sky View 1

What is 3005 worth today?

Last sold for AED 6,600,000 in 2024

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17 Jul 2024SoldReady
AED 6,600,000AED 3,885 per sqft
11 Feb 2020SoldReady
AED 4,200,000AED 2,472 per sqft
2 Oct 2013Sold by developerOff-plan
AED 4,329,888AED 2,548 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
30th of 58
Parking
B2-103
Developer
Emaar
Completed
2019
Last sold
AED 6.6M · July 2024

About 3005, The Address Residence Sky View 1

3005 is a two-bedroom hotel apartment of 1,699 sqft on the 30th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 17 July 2024 for AED 6,600,000, or AED 3,885 per sqft, 4% above the AED 3,737 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3005 over time

Sales
Unit 3005, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, October 2013: AED 4,329,888 (AED 2,548 per sqft)Sold, February 2020: AED 4,200,000 (AED 2,472 per sqft)Sold, July 2024: AED 6,600,000 (AED 3,885 per sqft)

3005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3005, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000

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

2-beds in The Address Residence Sky View 1, and where 3005 sits

All 159 2-beds →

3005 last sold in July 2024 at AED 3,885 per sqft, 4% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,737). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-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
30012-bedAED 4.8M · Dec 2024
30023-bedAED 5.55M · Nov 2014
30032-bedAED 6.5M · Jan 2025
30043-bedAED 3.73M · Jan 2023
30063-bedAED 5.29M · Feb 2015
30072-bedAED 3.9M · Jun 2014

3005, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 2 October 2013 for AED 4,329,888, last on 17 July 2024 for AED 6,600,000 (AED 3,885 per sqft).
  • Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 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 17 July 2024.

Questions about 3005, The Address Residence Sky View 1

What did unit 3005 last sell for?

AED 6,600,000 on 17 July 2024: AED 3,885 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,329,888 in October 2013.

How big is unit 3005?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 30th floor of a 58-storey tower completed in 2019.

What is unit 3005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.

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Mortgage on 3005, The Address Residence Sky View 1

Starts from the last sale price (AED 6.6M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,600,000
Deposit, UAE resident (20%)
AED 1,320,000
Deposit, non-resident (40%)
AED 2,640,000
Monthly over 25 years at 3.7%
AED 27,003

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