2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 32nd floor · completed 2019

3205, The Address Residence Sky View 1

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

Unit 3205 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 6.2M10 March 2026
Current rentAED 400K /yr17 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3205, The Address Residence Sky View 1

What is 3205 worth today?

Last sold for AED 6,200,000 in 2026

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10 Mar 2026SoldReady
AED 6,200,000AED 3,649 per sqft
7 Jul 2025SoldReady
AED 6,650,000AED 3,914 per sqft
17 Nov 2024RentedRenewal
AED 400,000/yr12 months · AED 235 per sqft
17 Nov 2023RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
10 Jan 2023RentedRenewal
AED 280,000/yr9 months · AED 165 per sqft
10 Jan 2022RentedNew contract
AED 280,000/yr12 months · AED 165 per sqft
12 May 2016Sold by developerOff-plan
AED 5,045,888AED 3,063 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
32nd of 58
Parking
B3-452
Developer
Emaar
Completed
2019
Last sold
AED 6.2M · March 2026

About 3205, The Address Residence Sky View 1

3205 is a two-bedroom hotel apartment of 1,699 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 10 March 2026 for AED 6,200,000, or AED 3,649 per sqft, in line with the AED 3,649 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 17 November 2024, is AED 400,000 a year: a gross yield of 6.5% on the 2026 price.

Sales and rents for 3205 over time

Sales
Unit 3205, 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, May 2016: AED 5,045,888 (AED 3,063 per sqft)Sold, July 2025: AED 6,650,000 (AED 3,914 per sqft)Sold, March 2026: AED 6,200,000 (AED 3,649 per sqft)

3205 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3205, 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, January 2022: AED 280,000 a yearRenewal, January 2023: AED 280,000 a yearNew contract, November 2023: AED 400,000 a yearRenewal, November 2024: AED 400,000 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 3205 sits

All 159 2-beds →

3205 last sold in March 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 3,649). 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. 3205's AED 400,000 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
32012-bedAED 4.85M · Jan 2026
32023-bedAED 5.68M · Jan 2014
32032-bedAED 5.05M · Apr 2016
32043-bedAED 6.67M · Jun 2015
32063-bedAED 8.7M · Feb 2024
32072-bedAED 4.9M · Mar 2025

3205, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 12 May 2016 for AED 5,045,888, last on 10 March 2026 for AED 6,200,000 (AED 3,649 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 280,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2026 price is 6.5%.
  • 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 10 March 2026.

Questions about 3205, The Address Residence Sky View 1

What did unit 3205 last sell for?

AED 6,200,000 on 10 March 2026: AED 3,649 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 5,045,888 in May 2016.

What is the rent for unit 3205?

AED 400,000 a year on the contract renewed on 17 November 2024. The previous contract, from November 2023, was AED 400,000; the unit has been rented since January 2022.

How big is unit 3205?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.

What is unit 3205 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 3205, The Address Residence Sky View 1

Starts from the last sale price (AED 6.2M, 10 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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