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

3905, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3905 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 5.4M25 November 2022
Current rentAED 385K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3905, The Address Residence Sky View 1

What is 3905 worth today?

Last sold for AED 5,400,000 in 2022

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20 Mar 2026RentedNew contract
AED 385,000/yr12 months · AED 227 per sqft
20 Mar 2025RentedNew contract
AED 375,000/yr12 months · AED 220 per sqft
20 Mar 2025RentedNew contract
AED 375,000/yr12 months · AED 220 per sqft
5 Aug 2024RentedNew contract
AED 420,000/yr12 months · AED 247 per sqft
25 Jan 2023RentedNew contract
AED 380,000/yr12 months · AED 224 per sqft
25 Nov 2022SoldReady
AED 5,400,000AED 3,178 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,401,888AED 2,591 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
39th of 58
Parking
B3-140
Developer
Emaar
Completed
2019
Last sold
AED 5.4M · November 2022

About 3905, The Address Residence Sky View 1

3905 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 25 November 2022 for AED 5,400,000, or AED 3,178 per sqft, 19% above the AED 2,663 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 20 March 2026, is AED 385,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 3905 over time

Sales
Unit 3905, 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 4,401,888 (AED 2,591 per sqft)Sold, November 2022: AED 5,400,000 (AED 3,178 per sqft)

3905 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3905, 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, January 2023: AED 380,000 a yearNew contract, August 2024: AED 420,000 a yearNew contract, March 2025: AED 375,000 a yearNew contract, March 2025: AED 375,000 a yearNew contract, March 2026: AED 385,000 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 3905 sits

All 159 2-beds →

3905 last sold in November 2022 at AED 3,178 per sqft, 19% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,663). 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. 3905's AED 385,000 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
39012-bedAED 4.65M · May 2025
39023-bedAED 5.38M · Dec 2013
39032-bedAED 7.85M · Mar 2024
39043-bedAED 6.93M · Jan 2015
39063-bedAED 5.38M · Dec 2013
39072-bedAED 3.6M · Dec 2013

3905, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,401,888, last on 25 November 2022 for AED 5,400,000 (AED 3,178 per sqft).
  • Rented since January 2023 on 5 Ejari contracts, from AED 380,000 to AED 385,000 a year.
  • At AED 385,000 a year the gross yield on the 2022 price is 7.1%.
  • 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 20 March 2026.

Questions about 3905, The Address Residence Sky View 1

What did unit 3905 last sell for?

AED 5,400,000 on 25 November 2022: AED 3,178 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,401,888 in December 2013.

What is the rent for unit 3905?

AED 385,000 a year on the contract signed on 20 March 2026. The previous contract, from March 2025, was AED 375,000; the unit has been rented since January 2023.

How big is unit 3905?

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 3905 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 3905, The Address Residence Sky View 1

Starts from the last sale price (AED 5.4M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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