3-bed · 2,019 sqftThe Address Residence Sky View 1, Downtown Dubai · 38th floor · completed 2019

3806, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3806 · DLD and Ejari recordsUpdated 19 March 2025
Last soldAED 8.9M19 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3806, The Address Residence Sky View 1

What is 3806 worth today?

Last sold for AED 8,900,000 in 2025

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19 Mar 2025SoldReady
AED 8,900,000AED 4,408 per sqft
12 Dec 2013Sold by developerOff-plan
AED 5,365,888AED 2,657 per sqft

Source: Dubai Land Department. Updated 19 March 2025.

Key facts

Type
3-bed hotel apartment
Size
2,019 sqft
Floor
38th of 58
Parking
B2-12, B2-11
Developer
Emaar
Completed
2019
Last sold
AED 8.9M · March 2025

About 3806, The Address Residence Sky View 1

3806 is a three-bedroom hotel apartment of 2,019 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 March 2025 for AED 8,900,000, or AED 4,408 per sqft, 7% above the AED 4,114 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3806 over time

Sales
Unit 3806, 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 2,657 per sqft)Sold, March 2025: AED 8,900,000 (AED 4,408 per sqft)

3806 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3806, 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 450,000

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 3806 sits

All 121 3-beds →

3806 last sold in March 2025 at AED 4,408 per sqft, 7% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,114). 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.

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
38023-bedAED 8.9M · Nov 2025
38032-bedAED 4.75M · Jul 2013
38043-bedAED 5.96M · Dec 2013
38052-bedAED 4.39M · Sep 2013
38072-bedAED 5M · May 2025

3806, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 12 December 2013 for AED 5,365,888, last on 19 March 2025 for AED 8,900,000 (AED 4,408 per sqft).
  • 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 19 March 2025.

Questions about 3806, The Address Residence Sky View 1

What did unit 3806 last sell for?

AED 8,900,000 on 19 March 2025: AED 4,408 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 5,365,888 in December 2013.

How big is unit 3806?

2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 38th floor of a 58-storey tower completed in 2019.

What is unit 3806 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 3806, The Address Residence Sky View 1

Starts from the last sale price (AED 8.9M, 19 March 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 →