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

3805, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in September 2013, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3805 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 4.39M19 September 2013
Current rentAED 425K /yr31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3805, The Address Residence Sky View 1

What is 3805 worth today?

Last sold for AED 4,393,888 in 2013

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31 Oct 2022RentedNew contract
AED 425,000/yr12 months · AED 250 per sqft
19 Sep 2013SoldOff-plan
AED 4,393,888AED 2,586 per sqft
13 May 2013Sold by developerOff-plan
AED 4,393,888AED 2,586 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
38th of 58
Parking
B3-95
Developer
Emaar
Completed
2019
Last sold
AED 4.39M · September 2013

About 3805, The Address Residence Sky View 1

3805 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 19 September 2013 for AED 4,393,888, or AED 2,586 per sqft, in line with the AED 2,577 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 October 2022. The current contract, signed on 31 October 2022, is AED 425,000 a year: a gross yield of 9.7% on the 2013 price.

Sales and rents for 3805 over time

Sales
Unit 3805, 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 by developer, May 2013: AED 4,393,888 (AED 2,586 per sqft)Sold, September 2013: AED 4,393,888 (AED 2,586 per sqft)

3805 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3805, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical 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, October 2022: AED 425,000 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 3805 sits

All 159 2-beds →

3805 last sold in September 2013 at AED 2,586 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,577). 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. 3805's AED 425,000 is in the upper 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
38032-bedAED 4.75M · Jul 2013
38043-bedAED 5.96M · Dec 2013
38063-bedAED 8.9M · Mar 2025
38072-bedAED 5M · May 2025

3805, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 13 May 2013 for AED 4,393,888, last on 19 September 2013 for AED 4,393,888 (AED 2,586 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 425,000 a year.
  • At AED 425,000 a year the gross yield on the 2013 price is 9.7%.
  • 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 31 October 2022.

Questions about 3805, The Address Residence Sky View 1

What did unit 3805 last sell for?

AED 4,393,888 on 19 September 2013: AED 2,586 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,393,888 in May 2013.

What is the rent for unit 3805?

AED 425,000 a year on the contract signed on 31 October 2022.

How big is unit 3805?

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 3805 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 3805, The Address Residence Sky View 1

Starts from the last sale price (AED 4.39M, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,393,888
Deposit, UAE resident (20%)
AED 878,778
Deposit, non-resident (40%)
AED 1,757,555
Monthly over 25 years at 3.7%
AED 17,977

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