3202, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3202, The Address Residence Sky View 1
What is 3202 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,020 sqft
- Floor
- 32nd of 58
- Parking
- B2-111, B2-223, B2-224
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.68M · January 2014
- Building
- The Address Residence Sky View 1
About 3202, The Address Residence Sky View 1
3202 is a three-bedroom hotel apartment of 2,020 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 16 January 2014 for AED 5,677,300, or AED 2,810 per sqft, 10% above the AED 2,563 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 225,000 a year: a gross yield of 4.0% on the 2014 price.
Sales and rents for 3202 over time
3202 has sold twice; the dashed line is the three-bed median of each year in the building.
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 3202 sits
All 121 3-beds →3202 last sold in January 2014 at AED 2,810 per sqft, 10% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,563). 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. 3202's AED 225,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 2,020 sqft | 8,200,000 | 4,059 | ||
| 4 May 20264 May 2026 | 2,020 sqft | 6,500,000 | 3,218 | ||
| 18 Mar 202618 March 2026 | 2,134 sqft | 6,000,000 | 2,811 | ||
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 |
The Address Residence Sky View 1
Building326 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%
Other units on the 32nd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 2-bed | 1,329 sqft | AED 4.85MAED 4,850,000 · Jan 2026January 2026 | 290,000 /yr | |
| 3203 | 2-bed | 1,647 sqft | AED 5.05MAED 5,045,888 · Apr 2016April 2016 | ||
| 3204 | 3-bed | 2,288 sqft | AED 6.67MAED 6,668,003 · Jun 2015June 2015 | 520,000 /yr | |
| 3205 | 2-bed | 1,699 sqft | AED 6.2MAED 6,200,000 · Mar 2026March 2026 | 400,000 /yr | |
| 3206 | 3-bed | 2,019 sqft | AED 8.7MAED 8,700,000 · Feb 2024February 2024 | 2,000,000 /yr | |
| 3207 | 2-bed | 1,543 sqft | AED 4.9MAED 4,900,000 · Mar 2025March 2025 |
3202, The Address Residence Sky View 1 in numbers
- Sold twice: first on 10 October 2013 for AED 5,305,888, last on 16 January 2014 for AED 5,677,300 (AED 2,810 per sqft).
- Rented since August 2020 on 4 Ejari contracts, from AED 180,000 to AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2014 price is 4.0%.
- 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 1 August 2023.
Questions about 3202, The Address Residence Sky View 1
What did unit 3202 last sell for?
AED 5,677,300 on 16 January 2014: AED 2,810 per sqft for 2,020 sqft. The unit has 2 registered sales; the first was AED 5,305,888 in October 2013.
What is the rent for unit 3202?
AED 225,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 189,000; the unit has been rented since August 2020.
How big is unit 3202?
2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.
What is unit 3202 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 3202, The Address Residence Sky View 1
Starts from the last sale price (AED 5.68M, 16 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,677,300
- Deposit, UAE resident (20%)
- AED 1,135,460
- Deposit, non-resident (40%)
- AED 2,270,920
- Monthly over 25 years at 3.7%
- AED 23,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →