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2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 39th floor · completed 2019

3901, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3901 · DLD and Ejari recordsUpdated 6 May 2025
Last soldAED 4.65M6 May 2025
Current rentAED 240K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3901, The Address Residence Sky View 1

What is 3901 worth today?

Last sold for AED 4,650,000 in 2025

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6 May 2025SoldReady
AED 4,650,000AED 3,498 per sqft
1 Oct 2023RentedNew contract
AED 240,000/yr12 months · AED 181 per sqft
1 Oct 2022RentedNew contract
AED 220,000/yr12 months · AED 166 per sqft
1 Oct 2021RentedNew contract
AED 200,000/yr12 months · AED 151 per sqft
1 Feb 2021RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
12 Dec 2013Sold by developerOff-plan
AED 3,200,888AED 2,408 per sqft

Source: Dubai Land Department. Updated 6 May 2025.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
39th of 58
Parking
B3-103
Developer
Emaar
Completed
2019
Last sold
AED 4.65M · May 2025
Building
The Address Residence Sky View 1

About 3901, The Address Residence Sky View 1

3901 is a two-bedroom hotel apartment of 1,329 sqft on the 39th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 6 May 2025 for AED 4,650,000, or AED 3,498 per sqft, 7% below the AED 3,757 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 October 2023, is AED 240,000 a year: a gross yield of 5.2% on the 2025 price.

Sales and rents for 3901 over time

Sales
Unit 3901, 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, December 2013: AED 3,200,888 (AED 2,408 per sqft)Sold, May 2025: AED 4,650,000 (AED 3,498 per sqft)

3901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3901, 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, February 2021: AED 170,000 a yearNew contract, October 2021: AED 200,000 a yearNew contract, October 2022: AED 220,000 a yearNew contract, October 2023: AED 240,000 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 3901 sits

All 159 2-beds →

3901 last sold in May 2025 at AED 3,498 per sqft, 7% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,757). 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. 3901's AED 240,000 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 →

Other units on the 39th floor

All 326 units in The Address Residence Sky View 1
Value
39023-bedAED 5.38M · Dec 2013
39032-bedAED 7.85M · Mar 2024
39043-bedAED 6.93M · Jan 2015
39052-bedAED 5.4M · Nov 2022
39063-bedAED 5.38M · Dec 2013
39072-bedAED 3.6M · Dec 2013

3901, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 12 December 2013 for AED 3,200,888, last on 6 May 2025 for AED 4,650,000 (AED 3,498 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 170,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2025 price is 5.2%.
  • 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 6 May 2025.

Questions about 3901, The Address Residence Sky View 1

What did unit 3901 last sell for?

AED 4,650,000 on 6 May 2025: AED 3,498 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,200,888 in December 2013.

What is the rent for unit 3901?

AED 240,000 a year on the contract signed on 1 October 2023. The previous contract, from October 2022, was AED 220,000; the unit has been rented since February 2021.

How big is unit 3901?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3901 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 3901, The Address Residence Sky View 1

Starts from the last sale price (AED 4.65M, 6 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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