2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 31st floor · completed 2019

3101, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 3M14 July 2021
Current rentAED 350K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, The Address Residence Sky View 1

What is 3101 worth today?

Last sold for AED 3,000,000 in 2021

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1 Apr 2026RentedNew contract
AED 350,000/yr12 months · AED 264 per sqft
21 Nov 2024RentedRenewal
AED 350,000/yr12 months · AED 263 per sqft
21 Nov 2023RentedNew contract
AED 335,000/yr12 months · AED 252 per sqft
1 Oct 2021RentedNew contract
AED 260,000/yr12 months · AED 196 per sqft
14 Jul 2021SoldReady
AED 3,000,000AED 2,257 per sqft
20 Oct 2020RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
6 Dec 2015Sold by developerOff-plan
AED 3,552,888AED 2,673 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
31st of 58
Parking
B3-98
Developer
Emaar
Completed
2019
Last sold
AED 3M · July 2021

About 3101, The Address Residence Sky View 1

3101 is a two-bedroom hotel apartment of 1,329 sqft on the 31st floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 July 2021 for AED 3,000,000, or AED 2,257 per sqft, 20% above the AED 1,878 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 April 2026, is AED 350,000 a year: a gross yield of 11.7% on the 2021 price.

Sales and rents for 3101 over time

Sales
Unit 3101, 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, December 2015: AED 3,552,888 (AED 2,673 per sqft)Sold, July 2021: AED 3,000,000 (AED 2,257 per sqft)

3101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3101, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical 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 300,000New contract, October 2020: AED 140,000 a yearNew contract, October 2021: AED 260,000 a yearNew contract, November 2023: AED 335,000 a yearRenewal, November 2024: AED 350,000 a yearNew contract, April 2026: AED 350,000 a year

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 3101 sits

All 159 2-beds →

3101 last sold in July 2021 at AED 2,257 per sqft, 20% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,878). 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. 3101's AED 350,000 is in the upper half of that range.

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
31023-bedAED 4.77M · Mar 2017
31032-bedAED 3.75M · Mar 2020
31043-bedAED 3.35M · Feb 2022
31052-bedAED 6.85M · Jan 2026
31063-bedAED 5.61M · Dec 2015
31072-bedAED 3.8M · Aug 2022

3101, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 6 December 2015 for AED 3,552,888, last on 14 July 2021 for AED 3,000,000 (AED 2,257 per sqft).
  • Rented since October 2020 on 5 Ejari contracts, from AED 140,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2021 price is 11.7%.
  • 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 1 April 2026.

Questions about 3101, The Address Residence Sky View 1

What did unit 3101 last sell for?

AED 3,000,000 on 14 July 2021: AED 2,257 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,552,888 in December 2015.

What is the rent for unit 3101?

AED 350,000 a year on the contract signed on 1 April 2026. The previous contract, from November 2024, was AED 350,000; the unit has been rented since October 2020.

How big is unit 3101?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 31st floor of a 58-storey tower completed in 2019.

What is unit 3101 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 3101, The Address Residence Sky View 1

Starts from the last sale price (AED 3M, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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