3-bed · 2,021 sqftThe Address Residence Sky View 2, Downtown Dubai · 32nd floor · completed 2019

3202, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in September 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 9.85M25 September 2025
Current rentAED 490K /yr6 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, The Address Residence Sky View 2

What is 3202 worth today?

Last sold for AED 9,850,000 in 2025

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25 Sep 2025SoldReady
AED 9,850,000AED 4,872 per sqft
8 Jun 2023SoldReady
AED 7,640,000AED 3,779 per sqft
6 Oct 2022RentedNew contract
AED 490,000/yr12 months · AED 242 per sqft
8 Dec 2021RentedNew contract
AED 450,000/yr12 months · AED 223 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,388,888AED 2,665 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
3-bed hotel apartment
Size
2,021 sqft
Floor
32nd of 51
Parking
B1-219, B1-213, B1-214
Developer
Emaar
Completed
2019
Last sold
AED 9.85M · September 2025

About 3202, The Address Residence Sky View 2

3202 is a three-bedroom hotel apartment of 2,021 sqft on the 32nd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 September 2025 for AED 9,850,000, or AED 4,872 per sqft, in line with the AED 4,872 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 6 October 2022, is AED 490,000 a year: a gross yield of 5.0% on the 2025 price.

Sales and rents for 3202 over time

Sales
Unit 3202, each saleTypical three-bed in The Address Residence Sky View 2
5M10M2013201720212025Typical sale price by year: 2013 AED 5,483,888; 2014 AED 6,633,392; 2015 AED 6,002,888; 2016 AED 6,045,888; 2017 AED 6,071,888; 2018 AED 5,140,944; 2019 AED 5,781,888; 2020 AED 4,700,000; 2021 AED 6,300,000; 2022 AED 6,850,000; 2023 AED 8,500,000; 2024 AED 9,900,000; 2025 AED 11,800,000; 2026 AED 8,400,000Sold by developer, December 2013: AED 5,388,888 (AED 2,665 per sqft)Sold, June 2023: AED 7,640,000 (AED 3,779 per sqft)Sold, September 2025: AED 9,850,000 (AED 4,872 per sqft)

3202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, each contractTypical three-bed in The Address Residence Sky View 2
200K400K600K2020202220242026Typical rent by year: 2020 AED 240,000; 2021 AED 380,000; 2022 AED 450,000; 2023 AED 524,000; 2024 AED 530,000; 2025 AED 547,500; 2026 AED 509,998New contract, December 2021: AED 450,000 a yearNew contract, October 2022: AED 490,000 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 2, and where 3202 sits

All 92 3-beds →

3202 last sold in September 2025 at AED 4,872 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 4,872). Over the last 12 months three-beds sold for AED 8,200,000 to 12,000,000, around AED 4,134 per sqft, and rent for AED 420,000 to 590,000 a year. 3202's AED 490,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Oct 20268,200,000
11 Jun 20268,400,000
30 Apr 202610,000,000
22 Dec 202512,000,000
4 3-bed sales in the last 12 months

The Address Residence Sky View 2

Building

216 apartments, 1-bed to 5-bed over 51 floors in Downtown Dubai, completed in 2019 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 4,056 Down 11.1%
Typical sale
AED 8M
Typical rent
AED 408K /yr
Typical yield
5.1%
The Address Residence Sky View 2, Downtown Dubai: prices, sales and rents →
Value
32012-bedAED 4.2M · Aug 2025
32032-bedAED 7M · Mar 2024
32043-bedAED 4M · Jun 2020
32052-bedAED 4M · Feb 2021
32063-bedAED 8.9M · Jan 2024
32071-bedAED 2.39M · Mar 2018

3202, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 5,388,888, last on 25 September 2025 for AED 9,850,000 (AED 4,872 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 450,000 to AED 490,000 a year.
  • At AED 490,000 a year the gross yield on the 2025 price is 5.0%.
  • Three-beds in The Address Residence Sky View 2 sold for AED 8,200,000–12,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,056 per sqft.

Source: Dubai Land Department. Updated 25 September 2025.

Questions about 3202, The Address Residence Sky View 2

What did unit 3202 last sell for?

AED 9,850,000 on 25 September 2025: AED 4,872 per sqft for 2,021 sqft. The unit has 3 registered sales; the first was AED 5,388,888 in December 2013.

What is the rent for unit 3202?

AED 490,000 a year on the contract signed on 6 October 2022. The previous contract, from December 2021, was AED 450,000.

How big is unit 3202?

2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 32nd floor of a 51-storey tower completed in 2019.

What is unit 3202 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 2 sold for AED 8,200,000 to 12,000,000 in the last 12 months, around AED 4,134 per sqft.

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Mortgage on 3202, The Address Residence Sky View 2

Starts from the last sale price (AED 9.85M, 25 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 9,850,000
Deposit, UAE resident (20%)
AED 1,970,000
Deposit, non-resident (40%)
AED 3,940,000
Monthly over 25 years at 3.7%
AED 40,299

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