2-bed · 664 sqftThe Address Residence Sky View 1, Downtown Dubai · 38th floor · completed 2019

3801, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 1.2M26 February 2020
Current rentAED 310K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, The Address Residence Sky View 1

What is 3801 worth today?

Last sold for AED 1,200,000 in 2020

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5 Apr 2026RentedRenewal
AED 310,000/yr12 months · AED 233 per sqft
5 Apr 2025RentedNew contract
AED 310,000/yr12 months · AED 233 per sqft
5 Apr 2024RentedRenewal
AED 310,000/yr12 months · AED 234 per sqft
5 Apr 2023RentedRenewal
AED 280,000/yr12 months · AED 211 per sqft
5 Apr 2022RentedRenewal
AED 240,000/yr12 months · AED 181 per sqft
5 Apr 2021RentedNew contract
AED 200,000/yr12 months · AED 151 per sqft
26 Feb 2020Sold by developerReady
AED 1,200,000AED 1,805 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
2-bed hotel apartment
Size
664 sqft
Floor
38th of 58
Parking
B3-201
Developer
Emaar
Completed
2019
Last sold
AED 1.2M · February 2020

About 3801, The Address Residence Sky View 1

3801 is a two-bedroom hotel apartment of 664 sqft on the 38th 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 26 February 2020 for AED 1,200,000, or AED 1,805 per sqft, in line with the AED 1,824 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 310,000 a year: a gross yield of 25.8% on the 2020 price.

Sales and rents for 3801 over time

Sales
Unit 3801, each saleTypical two-bed in The Address Residence Sky View 1
2.5M5M7.5M2013201720212025Typical 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, February 2020: AED 1,200,000 (AED 1,805 per sqft)

3801 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3801, 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, April 2021: AED 200,000 a yearRenewal, April 2022: AED 240,000 a yearRenewal, April 2023: AED 280,000 a yearRenewal, April 2024: AED 310,000 a yearNew contract, April 2025: AED 310,000 a yearRenewal, April 2026: AED 310,000 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 3801 sits

All 159 2-beds →

3801 last sold in February 2020 at AED 1,805 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,824). 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. 3801's AED 310,000 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
38023-bedAED 8.9M · Nov 2025
38032-bedAED 4.75M · Jul 2013
38043-bedAED 5.96M · Dec 2013
38052-bedAED 4.39M · Sep 2013
38063-bedAED 8.9M · Mar 2025
38072-bedAED 5M · May 2025

3801, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 26 February 2020 for AED 1,200,000, or AED 1,805 per sqft.
  • Rented since April 2021 on 6 Ejari contracts, from AED 200,000 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2020 price is 25.8%.
  • 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 5 April 2026.

Questions about 3801, The Address Residence Sky View 1

What did unit 3801 last sell for?

AED 1,200,000 on 26 February 2020, sold by the developer: AED 1,805 per sqft for 664 sqft. It is the only registered sale of the unit.

What is the rent for unit 3801?

AED 310,000 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 310,000; the unit has been rented since April 2021.

How big is unit 3801?

664 sqft (61.7 sqm): a two-bedroom hotel apartment on the 38th floor of a 58-storey tower completed in 2019.

What is unit 3801 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 3801, The Address Residence Sky View 1

Starts from the last sale price (AED 1.2M, 26 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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