3702, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in November 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3702, The Address Residence Sky View 1
What is 3702 worth today?
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Source: Dubai Land Department. Updated 17 May 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,020 sqft
- Floor
- 37th of 58
- Parking
- B2-243, B2-347, B2-348
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.36M · November 2013
- Building
- The Address Residence Sky View 1
About 3702, The Address Residence Sky View 1
3702 is a three-bedroom hotel apartment of 2,020 sqft on the 37th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 28 November 2013 for AED 5,355,888, or AED 2,651 per sqft, 3% above the AED 2,573 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 17 May 2023, is AED 400,000 a year: a gross yield of 7.5% on the 2013 price.
Sales and rents for 3702 over time
3702 has sold once; 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 3702 sits
All 121 3-beds →3702 last sold in November 2013 at AED 2,651 per sqft, 3% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,573). 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. 3702's AED 400,000 is in the lower half 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 37th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 2-bed | 1,329 sqft | AED 4.1MAED 4,100,000 · Jan 2023January 2023 | 134,953 /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 |
3702, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 28 November 2013 for AED 5,355,888, or AED 2,651 per sqft.
- Rented since May 2022 on 2 Ejari contracts, from AED 430,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2013 price is 7.5%.
- 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 17 May 2023.
Questions about 3702, The Address Residence Sky View 1
What did unit 3702 last sell for?
AED 5,355,888 on 28 November 2013, sold by the developer: AED 2,651 per sqft for 2,020 sqft. It is the only registered sale of the unit.
What is the rent for unit 3702?
AED 400,000 a year on the contract signed on 17 May 2023. The previous contract, from May 2022, was AED 430,000.
How big is unit 3702?
2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 37th floor of a 58-storey tower completed in 2019.
What is unit 3702 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 3702, The Address Residence Sky View 1
Starts from the last sale price (AED 5.36M, 28 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 5,355,888
- Deposit, UAE resident (20%)
- AED 1,071,178
- Deposit, non-resident (40%)
- AED 2,142,355
- Monthly over 25 years at 3.7%
- AED 21,913
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →