2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 32nd floor · completed 2019

3201, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in January 2026, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 4.85M15 January 2026
Current rentAED 290K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, The Address Residence Sky View 1

What is 3201 worth today?

Last sold for AED 4,850,000 in 2026

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15 Jan 2026SoldReady
AED 4,850,000AED 3,649 per sqft
1 Oct 2022RentedNew contract
AED 290,000/yr12 months · AED 219 per sqft
19 May 2015SoldOff-plan
AED 3,416,532AED 2,570 per sqft
4 Jan 2015Sold by developerOff-plan
AED 3,558,888AED 2,677 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
32nd of 58
Parking
B3-99
Developer
Emaar
Completed
2019
Last sold
AED 4.85M · January 2026

About 3201, The Address Residence Sky View 1

3201 is a two-bedroom hotel apartment of 1,329 sqft on the 32nd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 15 January 2026 for AED 4,850,000, or AED 3,649 per sqft, in line with the AED 3,556 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 290,000 a year: a gross yield of 6.0% on the 2026 price.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, January 2015: AED 3,558,888 (AED 2,677 per sqft)Sold, May 2015: AED 3,416,532 (AED 2,570 per sqft)Sold, January 2026: AED 4,850,000 (AED 3,649 per sqft)

3201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, 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 300,000New contract, October 2022: AED 290,000 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 3201 sits

All 159 2-beds →

3201 last sold in January 2026 at AED 3,649 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,556). 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. 3201's AED 290,000 is in the lower 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
32023-bedAED 5.68M · Jan 2014
32032-bedAED 5.05M · Apr 2016
32043-bedAED 6.67M · Jun 2015
32052-bedAED 6.2M · Mar 2026
32063-bedAED 8.7M · Feb 2024
32072-bedAED 4.9M · Mar 2025

3201, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 4 January 2015 for AED 3,558,888, last on 15 January 2026 for AED 4,850,000 (AED 3,649 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2026 price is 6.0%.
  • 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 15 January 2026.

Questions about 3201, The Address Residence Sky View 1

What did unit 3201 last sell for?

AED 4,850,000 on 15 January 2026: AED 3,649 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 3,558,888 in January 2015.

What is the rent for unit 3201?

AED 290,000 a year on the contract signed on 1 October 2022.

How big is unit 3201?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.

What is unit 3201 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 3201, The Address Residence Sky View 1

Starts from the last sale price (AED 4.85M, 15 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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