3906, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3906, The Address Residence Sky View 1
What is 3906 worth today?
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Source: Dubai Land Department. Updated 23 August 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,019 sqft
- Floor
- 39th of 58
- Parking
- B2-14, B2-13
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.38M · December 2013
- Building
- The Address Residence Sky View 1
About 3906, The Address Residence Sky View 1
3906 is a three-bedroom hotel apartment of 2,019 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 2 December 2013 for AED 5,375,888, or AED 2,662 per sqft, 4% above the AED 2,568 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 23 August 2024, is AED 598,391 a year: a gross yield of 11.1% on the 2013 price.
Sales and rents for 3906 over time
3906 has sold once; the dashed line is the three-bed median of each year in the building.
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 3906 sits
All 121 3-beds →3906 last sold in December 2013 at AED 2,662 per sqft, 4% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,568). 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. 3906's AED 598,391 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 2,020 sqft | 8,200,000 | 4,059 | ||
| 4 May 20264 May 2026 | 2,020 sqft | 6,500,000 | 3,218 | ||
| 18 Mar 202618 March 2026 | 2,134 sqft | 6,000,000 | 2,811 | ||
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 |
The Address Residence Sky View 1
Building326 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%
Other units on the 39th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3901 | 2-bed | 1,329 sqft | AED 4.65MAED 4,650,000 · May 2025May 2025 | 240,000 /yr | |
| 3902 | 3-bed | 2,020 sqft | AED 5.38MAED 5,375,888 · Dec 2013December 2013 | 520,000 /yr | |
| 3903 | 2-bed | 1,699 sqft | AED 7.85MAED 7,850,000 · Mar 2024March 2024 | 500,000 /yr | |
| 3904 | 3-bed | 2,427 sqft | AED 6.93MAED 6,929,888 · Jan 2015January 2015 | 530,000 /yr | |
| 3905 | 2-bed | 1,699 sqft | AED 5.4MAED 5,400,000 · Nov 2022November 2022 | 385,000 /yr | |
| 3907 | 2-bed | 1,543 sqft | AED 3.6MAED 3,600,888 · Dec 2013December 2013 | 286,000 /yr |
3906, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 2 December 2013 for AED 5,375,888, or AED 2,662 per sqft.
- Rented since September 2020 on 5 Ejari contracts, from AED 202,500 to AED 598,391 a year.
- At AED 598,391 a year the gross yield on the 2013 price is 11.1%.
- 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 23 August 2024.
Questions about 3906, The Address Residence Sky View 1
What did unit 3906 last sell for?
AED 5,375,888 on 2 December 2013, sold by the developer: AED 2,662 per sqft for 2,019 sqft. It is the only registered sale of the unit.
What is the rent for unit 3906?
AED 598,391 a year on the contract signed on 23 August 2024. The previous contract, from June 2023, was AED 550,000; the unit has been rented since September 2020.
How big is unit 3906?
2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.
What is unit 3906 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 3906, The Address Residence Sky View 1
Starts from the last sale price (AED 5.38M, 2 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 5,375,888
- Deposit, UAE resident (20%)
- AED 1,075,178
- Deposit, non-resident (40%)
- AED 2,150,355
- Monthly over 25 years at 3.7%
- AED 21,994
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →