3701, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in January 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3701, The Address Residence Sky View 1
What is 3701 worth today?
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Source: Dubai Land Department. Updated 23 January 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,329 sqft
- Floor
- 37th of 58
- Parking
- B3-102
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.1M · January 2023
- Building
- The Address Residence Sky View 1
About 3701, The Address Residence Sky View 1
3701 is a two-bedroom hotel apartment of 1,329 sqft on the 37th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 23 January 2023 for AED 4,100,000, or AED 3,084 per sqft, 13% above the AED 2,737 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 21 September 2021, is AED 134,953 a year: a gross yield of 3.3% on the 2023 price.
Sales and rents for 3701 over time
3701 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 3701 sits
All 159 2-beds →3701 last sold in January 2023 at AED 3,084 per sqft, 13% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,737). 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. 3701's AED 134,953 is at the bottom 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 37th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3702 | 3-bed | 2,020 sqft | AED 5.36MAED 5,355,888 · Nov 2013November 2013 | 400,000 /yr | |
| 3703 | 2-bed | 1,699 sqft | AED 4.56MAED 4,561,323 · Dec 2013December 2013 | 360,000 /yr | |
| 3704 | 3-bed | 2,427 sqft | AED 5.95MAED 5,950,888 · Dec 2013December 2013 | 400,000 /yr | |
| 3705 | 2-bed | 1,699 sqft | AED 4.5MAED 4,500,000 · Jul 2021July 2021 | ||
| 3706 | 3-bed | 2,019 sqft | AED 3.95MAED 3,950,000 · Oct 2020October 2020 | ||
| 3707 | 2-bed | 1,543 sqft | AED 3.59MAED 3,588,888 · Nov 2013November 2013 |
3701, The Address Residence Sky View 1 in numbers
- Sold twice: first on 28 November 2013 for AED 3,187,888, last on 23 January 2023 for AED 4,100,000 (AED 3,084 per sqft).
- Rented since September 2020 on 2 Ejari contracts, from AED 135,000 to AED 134,953 a year.
- At AED 134,953 a year the gross yield on the 2023 price is 3.3%.
- 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 23 January 2023.
Questions about 3701, The Address Residence Sky View 1
What did unit 3701 last sell for?
AED 4,100,000 on 23 January 2023: AED 3,084 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,187,888 in November 2013.
What is the rent for unit 3701?
AED 134,953 a year on the contract renewed on 21 September 2021. The previous contract, from September 2020, was AED 135,000.
How big is unit 3701?
1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 37th floor of a 58-storey tower completed in 2019.
What is unit 3701 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 3701, The Address Residence Sky View 1
Starts from the last sale price (AED 4.1M, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →