3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 38th floor · completed 2019

3802, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3802 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 8.9M7 November 2025
Current rentAED 460K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, The Address Residence Sky View 1

What is 3802 worth today?

Last sold for AED 8,900,000 in 2025

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7 Nov 2025SoldReady
AED 8,900,000AED 4,406 per sqft
10 Aug 2024RentedRenewal
AED 460,000/yr12 months · AED 227 per sqft
10 Aug 2023RentedRenewal
AED 450,000/yr12 months · AED 222 per sqft
10 Aug 2022RentedNew contract
AED 450,000/yr12 months · AED 222 per sqft
27 Jul 2021RentedRenewal
AED 219,273/yr11 months · AED 108 per sqft
27 Jul 2020RentedNew contract
AED 220,000/yr12 months · AED 109 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,365,888AED 2,656 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
38th of 58
Parking
B2-240, B2-339, B2-340
Developer
Emaar
Completed
2019
Last sold
AED 8.9M · November 2025

About 3802, The Address Residence Sky View 1

3802 is a three-bedroom hotel apartment of 2,020 sqft on the 38th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 7 November 2025 for AED 8,900,000, or AED 4,406 per sqft, 7% above the AED 4,115 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 460,000 a year: a gross yield of 5.2% on the 2025 price.

Sales and rents for 3802 over time

Sales
Unit 3802, each saleTypical three-bed in The Address Residence Sky View 1
5M7.5M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, December 2013: AED 5,365,888 (AED 2,656 per sqft)Sold, November 2025: AED 8,900,000 (AED 4,406 per sqft)

3802 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3802, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000New contract, July 2020: AED 220,000 a yearRenewal, July 2021: AED 219,273 a yearNew contract, August 2022: AED 450,000 a yearRenewal, August 2023: AED 450,000 a yearRenewal, August 2024: AED 460,000 a year

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 3802 sits

All 121 3-beds →

3802 last sold in November 2025 at AED 4,406 per sqft, 7% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,115). 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. 3802's AED 460,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
7 3-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
38012-bedAED 1.2M · Feb 2020
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

3802, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 5,365,888, last on 7 November 2025 for AED 8,900,000 (AED 4,406 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 220,000 to AED 460,000 a year.
  • At AED 460,000 a year the gross yield on the 2025 price is 5.2%.
  • 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 7 November 2025.

Questions about 3802, The Address Residence Sky View 1

What did unit 3802 last sell for?

AED 8,900,000 on 7 November 2025: AED 4,406 per sqft for 2,020 sqft. The unit has 2 registered sales; the first was AED 5,365,888 in December 2013.

What is the rent for unit 3802?

AED 460,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 450,000; the unit has been rented since July 2020.

How big is unit 3802?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 38th floor of a 58-storey tower completed in 2019.

What is unit 3802 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 3802, The Address Residence Sky View 1

Starts from the last sale price (AED 8.9M, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,900,000
Deposit, UAE resident (20%)
AED 1,780,000
Deposit, non-resident (40%)
AED 3,560,000
Monthly over 25 years at 3.7%
AED 36,413

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