2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 38th floor · completed 2019

3803, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 4.75M14 July 2013
Current rentAED 261K /yr5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, The Address Residence Sky View 1

What is 3803 worth today?

Last sold for AED 4,745,400 in 2013

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5 Mar 2024RentedRenewal
AED 261,352/yr10 months · AED 154 per sqft
5 Mar 2023RentedRenewal
AED 260,000/yr12 months · AED 153 per sqft
5 Mar 2022RentedRenewal
AED 230,000/yr12 months · AED 135 per sqft
5 Mar 2021RentedNew contract
AED 230,000/yr12 months · AED 135 per sqft
14 Jul 2013SoldOff-plan
AED 4,745,400AED 2,792 per sqft
8 Jul 2013Sold by developerOff-plan
AED 4,393,888AED 2,586 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
38th of 58
Parking
B3-94
Developer
Emaar
Completed
2019
Last sold
AED 4.75M · July 2013

About 3803, The Address Residence Sky View 1

3803 is a two-bedroom hotel apartment of 1,699 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 14 July 2013 for AED 4,745,400, or AED 2,792 per sqft, 8% above the AED 2,586 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 261,352 a year: a gross yield of 5.5% on the 2013 price.

Sales and rents for 3803 over time

Sales
Unit 3803, 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, July 2013: AED 4,745,400 (AED 2,792 per sqft)Sold by developer, July 2013: AED 4,393,888 (AED 2,586 per sqft)

3803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3803, 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 230,000 a yearRenewal, March 2022: AED 230,000 a yearRenewal, March 2023: AED 260,000 a yearRenewal, March 2024: AED 261,352 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 3803 sits

All 159 2-beds →

3803 last sold in July 2013 at AED 2,792 per sqft, 8% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,586). 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. 3803's AED 261,352 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
38012-bedAED 1.2M · Feb 2020
38023-bedAED 8.9M · Nov 2025
38043-bedAED 5.96M · Dec 2013
38052-bedAED 4.39M · Sep 2013
38063-bedAED 8.9M · Mar 2025
38072-bedAED 5M · May 2025

3803, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 8 July 2013 for AED 4,393,888, last on 14 July 2013 for AED 4,745,400 (AED 2,792 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 230,000 to AED 261,352 a year.
  • At AED 261,352 a year the gross yield on the 2013 price is 5.5%.
  • 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 March 2024.

Questions about 3803, The Address Residence Sky View 1

What did unit 3803 last sell for?

AED 4,745,400 on 14 July 2013: AED 2,792 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,393,888 in July 2013.

What is the rent for unit 3803?

AED 261,352 a year on the contract renewed on 5 March 2024. The previous contract, from March 2023, was AED 260,000; the unit has been rented since March 2021.

How big is unit 3803?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 38th floor of a 58-storey tower completed in 2019.

What is unit 3803 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 3803, The Address Residence Sky View 1

Starts from the last sale price (AED 4.75M, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,745,400
Deposit, UAE resident (20%)
AED 949,080
Deposit, non-resident (40%)
AED 1,898,160
Monthly over 25 years at 3.7%
AED 19,415

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