2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 36th floor · completed 2019

3601, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3601 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 4.5M4 June 2025
Current rentAED 300K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3601, The Address Residence Sky View 1

What is 3601 worth today?

Last sold for AED 4,500,000 in 2025

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4 Jun 2025SoldReady
AED 4,500,000AED 3,385 per sqft
2 May 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
2 May 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
28 Apr 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
28 Apr 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
20 Apr 2024RentedNew contract
AED 360,000/yr12 months · AED 272 per sqft
22 Mar 2023RentedRenewal
AED 290,000/yr12 months · AED 219 per sqft
22 Mar 2022RentedRenewal
AED 240,000/yr12 months · AED 181 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
36th of 58
Parking
B3-101
Developer
Emaar
Completed
2019
Last sold
AED 4.5M · June 2025

About 3601, The Address Residence Sky View 1

3601 is a two-bedroom hotel apartment of 1,329 sqft on the 36th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 4 June 2025 for AED 4,500,000, or AED 3,385 per sqft, 10% below the AED 3,757 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 2 May 2025, is AED 300,000 a year: a gross yield of 6.7% on the 2025 price.

Sales and rents for 3601 over time

Sales
Unit 3601, 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, November 2013: AED 3,181,888 (AED 2,394 per sqft)Sold, June 2025: AED 4,500,000 (AED 3,385 per sqft)

3601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3601, 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, March 2021: AED 240,000 a yearRenewal, March 2022: AED 240,000 a yearRenewal, March 2023: AED 290,000 a yearNew contract, April 2024: AED 360,000 a yearNew contract, April 2025: AED 300,000 a yearNew contract, April 2025: AED 300,000 a yearNew contract, May 2025: AED 300,000 a yearNew contract, May 2025: AED 300,000 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 3601 sits

All 159 2-beds →

3601 last sold in June 2025 at AED 3,385 per sqft, 10% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,757). 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. 3601's AED 300,000 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
36023-bedAED 6.21M · Jan 2015
36032-bedAED 7.62M · Feb 2026
36043-bedAED 5.8M · Apr 2021
36052-bedAED 4.38M · Nov 2013
36063-bedAED 8.3M · Sep 2025
36072-bedAED 5.05M · Oct 2026

3601, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 28 November 2013 for AED 3,181,888, last on 4 June 2025 for AED 4,500,000 (AED 3,385 per sqft).
  • Rented since March 2021 on 8 Ejari contracts, from AED 240,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2025 price is 6.7%.
  • 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 4 June 2025.

Questions about 3601, The Address Residence Sky View 1

What did unit 3601 last sell for?

AED 4,500,000 on 4 June 2025: AED 3,385 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,181,888 in November 2013.

What is the rent for unit 3601?

AED 300,000 a year on the contract signed on 2 May 2025. The previous contract, from May 2025, was AED 300,000; the unit has been rented since March 2021.

How big is unit 3601?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 36th floor of a 58-storey tower completed in 2019.

What is unit 3601 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 3601, The Address Residence Sky View 1

Starts from the last sale price (AED 4.5M, 4 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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