3501, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in March 2017, 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 3501, The Address Residence Sky View 1
What is 3501 worth today?
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Source: Dubai Land Department. Updated 26 June 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,329 sqft
- Floor
- 35th of 58
- Parking
- B3-200
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.8M · March 2017
- Building
- The Address Residence Sky View 1
About 3501, The Address Residence Sky View 1
3501 is a two-bedroom hotel apartment of 1,329 sqft on the 35th 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 March 2017 for AED 2,800,000, or AED 2,106 per sqft, 19% below the AED 2,599 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 26 June 2025, is AED 275,000 a year: a gross yield of 9.8% on the 2017 price.
Sales and rents for 3501 over time
3501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 3501 sits
All 159 2-beds →3501 last sold in March 2017 at AED 2,106 per sqft, 19% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,599). 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. 3501's AED 275,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
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 35th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 3-bed | 2,020 sqft | AED 5.34MAED 5,335,888 · Nov 2013November 2013 | ||
| 3503 | 2-bed | 1,699 sqft | AED 5.05MAED 5,050,000 · Nov 2022November 2022 | ||
| 3504 | 3-bed | 2,427 sqft | AED 6.29MAED 6,294,888 · Nov 2020November 2020 | ||
| 3505 | 2-bed | 1,699 sqft | AED 3.1MAED 3,100,000 · Feb 2020February 2020 | ||
| 3506 | 3-bed | 2,019 sqft | AED 8.9MAED 8,900,000 · Sep 2025September 2025 | 520,000 /yr | |
| 3507 | 2-bed | 1,543 sqft | AED 3.58MAED 3,576,888 · Nov 2013November 2013 |
3501, The Address Residence Sky View 1 in numbers
- Sold twice: first on 28 November 2013 for AED 3,175,888, last on 16 March 2017 for AED 2,800,000 (AED 2,106 per sqft).
- Rented since September 2020 on 5 Ejari contracts, from AED 135,000 to AED 275,000 a year.
- At AED 275,000 a year the gross yield on the 2017 price is 9.8%.
- 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 26 June 2025.
Questions about 3501, The Address Residence Sky View 1
What did unit 3501 last sell for?
AED 2,800,000 on 16 March 2017: AED 2,106 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,175,888 in November 2013.
What is the rent for unit 3501?
AED 275,000 a year on the contract signed on 26 June 2025. The previous contract, from October 2023, was AED 275,000; the unit has been rented since September 2020.
How big is unit 3501?
1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 35th floor of a 58-storey tower completed in 2019.
What is unit 3501 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 3501, The Address Residence Sky View 1
Starts from the last sale price (AED 2.8M, 16 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →