2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 39th floor · completed 2019

3903, The Address Residence Sky View 1

Sold prices and rental history: sold 4 times, last in March 2024, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3903 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 7.85M5 March 2024
Current rentAED 500K /yr28 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3903, The Address Residence Sky View 1

What is 3903 worth today?

Last sold for AED 7,850,000 in 2024

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5 Mar 2024SoldReady
AED 7,850,000AED 4,620 per sqft
28 Jul 2023RentedNew contract
AED 500,000/yr12 months · AED 294 per sqft
27 Jul 2023SoldReady
AED 6,000,000AED 3,531 per sqft
27 Oct 2021SoldReady
AED 4,900,000AED 2,883 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,401,888AED 2,590 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
39th of 58
Parking
B3-96
Developer
Emaar
Completed
2019
Last sold
AED 7.85M · March 2024

About 3903, The Address Residence Sky View 1

3903 is a two-bedroom hotel apartment of 1,699 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 5 March 2024 for AED 7,850,000, or AED 4,620 per sqft, 25% above the AED 3,707 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 July 2023. The current contract, signed on 28 July 2023, is AED 500,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 3903 over time

Sales
Unit 3903, each saleTypical two-bed in The Address Residence Sky View 1
2.5M5M7.5M2013201720212025Typical 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 4,401,888 (AED 2,590 per sqft)Sold, October 2021: AED 4,900,000 (AED 2,883 per sqft)Sold, July 2023: AED 6,000,000 (AED 3,531 per sqft)Sold, March 2024: AED 7,850,000 (AED 4,620 per sqft)

3903 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3903, 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, July 2023: AED 500,000 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 3903 sits

All 159 2-beds →

3903 last sold in March 2024 at AED 4,620 per sqft, 25% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,707). 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. 3903's AED 500,000 is at the top 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
39012-bedAED 4.65M · May 2025
39023-bedAED 5.38M · Dec 2013
39043-bedAED 6.93M · Jan 2015
39052-bedAED 5.4M · Nov 2022
39063-bedAED 5.38M · Dec 2013
39072-bedAED 3.6M · Dec 2013

3903, The Address Residence Sky View 1 in numbers

  • Sold 4 times: first on 2 December 2013 for AED 4,401,888, last on 5 March 2024 for AED 7,850,000 (AED 4,620 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2024 price is 6.4%.
  • 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 3903, The Address Residence Sky View 1

What did unit 3903 last sell for?

AED 7,850,000 on 5 March 2024: AED 4,620 per sqft for 1,699 sqft. The unit has 4 registered sales; the first was AED 4,401,888 in December 2013.

What is the rent for unit 3903?

AED 500,000 a year on the contract signed on 28 July 2023.

How big is unit 3903?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3903 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 3903, The Address Residence Sky View 1

Starts from the last sale price (AED 7.85M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,850,000
Deposit, UAE resident (20%)
AED 1,570,000
Deposit, non-resident (40%)
AED 3,140,000
Monthly over 25 years at 3.7%
AED 32,117

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