3-bed · 2,427 sqftThe Address Residence Sky View 1, Downtown Dubai · 39th floor · completed 2019

3904, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3904 · DLD and Ejari recordsUpdated 9 June 2026
Last soldAED 6.93M22 January 2015
Current rentAED 530K /yr9 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3904, The Address Residence Sky View 1

What is 3904 worth today?

Last sold for AED 6,929,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jun 2026RentedNew contract
AED 530,000/yr12 months · AED 218 per sqft
6 Feb 2025RentedNew contract
AED 600,000/yr12 months · AED 247 per sqft
6 Feb 2025RentedNew contract
AED 600,000/yr12 months · AED 247 per sqft
6 Feb 2024RentedNew contract
AED 575,000/yr12 months · AED 237 per sqft
29 May 2023RentedNew contract
AED 580,000/yr12 months · AED 238 per sqft
21 Jan 2022RentedNew contract
AED 300,000/yr12 months · AED 123 per sqft
22 Jan 2015Sold by developerOff-plan
AED 6,929,888AED 2,854 per sqft

Source: Dubai Land Department. Updated 9 June 2026.

Key facts

Type
3-bed hotel apartment
Size
2,427 sqft
Floor
39th of 58
Parking
B2-137, B2-136
Developer
Emaar
Completed
2019
Last sold
AED 6.93M · January 2015

About 3904, The Address Residence Sky View 1

3904 is a three-bedroom hotel apartment of 2,427 sqft on the 39th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 22 January 2015 for AED 6,929,888, or AED 2,854 per sqft, 4% above the AED 2,738 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 9 June 2026, is AED 530,000 a year: a gross yield of 7.6% on the 2015 price.

Sales and rents for 3904 over time

Sales
Unit 3904, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical 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, January 2015: AED 6,929,888 (AED 2,854 per sqft)

3904 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3904, 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 450,000New contract, January 2022: AED 300,000 a yearNew contract, May 2023: AED 580,000 a yearNew contract, February 2024: AED 575,000 a yearNew contract, February 2025: AED 600,000 a yearNew contract, February 2025: AED 600,000 a yearNew contract, June 2026: AED 530,000 a year

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 3904 sits

All 121 3-beds →

3904 last sold in January 2015 at AED 2,854 per sqft, 4% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,738). 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. 3904's AED 530,000 is in the upper half of that range.

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
39012-bedAED 4.65M · May 2025
39023-bedAED 5.38M · Dec 2013
39032-bedAED 7.85M · Mar 2024
39052-bedAED 5.4M · Nov 2022
39063-bedAED 5.38M · Dec 2013
39072-bedAED 3.6M · Dec 2013

3904, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 22 January 2015 for AED 6,929,888, or AED 2,854 per sqft.
  • Rented since January 2022 on 6 Ejari contracts, from AED 300,000 to AED 530,000 a year.
  • At AED 530,000 a year the gross yield on the 2015 price is 7.6%.
  • 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 9 June 2026.

Questions about 3904, The Address Residence Sky View 1

What did unit 3904 last sell for?

AED 6,929,888 on 22 January 2015, sold by the developer: AED 2,854 per sqft for 2,427 sqft. It is the only registered sale of the unit.

What is the rent for unit 3904?

AED 530,000 a year on the contract signed on 9 June 2026. The previous contract, from February 2025, was AED 600,000; the unit has been rented since January 2022.

How big is unit 3904?

2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3904 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.

Selling 3904? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3904, The Address Residence Sky View 1

Starts from the last sale price (AED 6.93M, 22 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 6,929,888
Deposit, UAE resident (20%)
AED 1,385,978
Deposit, non-resident (40%)
AED 2,771,955
Monthly over 25 years at 3.7%
AED 28,352

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