3-bed · 2,438 sqftThe Address Residence Sky View 2, Downtown Dubai · 32nd floor · completed 2019

3204, The Address Residence Sky View 2

Sold prices and rental history: sold 4 times, last in June 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 4M29 June 2020
Current rentAED 525K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, The Address Residence Sky View 2

What is 3204 worth today?

Last sold for AED 4,000,000 in 2020

Unlock today's estimate, updated daily, with

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

1 Sep 2026RentedNew contract
AED 525,000/yr12 months · AED 215 per sqft
25 Feb 2025RentedNew contract
AED 550,000/yr12 months · AED 226 per sqft
25 Feb 2025RentedNew contract
AED 550,000/yr12 months · AED 226 per sqft
15 Aug 2023RentedNew contract
AED 620,000/yr12 months · AED 255 per sqft
29 Jun 2020SoldReady
AED 4,000,000AED 1,640 per sqft
23 Feb 2015SoldOff-plan
AED 6,500,000AED 2,666 per sqft
3 Oct 2013SoldOff-plan
AED 6,132,126AED 2,515 per sqft
30 Sep 2013Sold by developerOff-plan
AED 6,011,888AED 2,466 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
3-bed hotel apartment
Size
2,438 sqft
Floor
32nd of 51
Parking
B3-68, B3-326, B3-327
Developer
Emaar
Completed
2019
Last sold
AED 4M · June 2020

About 3204, The Address Residence Sky View 2

3204 is a three-bedroom hotel apartment of 2,438 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 29 June 2020 for AED 4,000,000, or AED 1,640 per sqft, 38% below the AED 2,661 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 525,000 a year: a gross yield of 13.1% on the 2020 price.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, September 2013: AED 6,011,888 (AED 2,466 per sqft)Sold, October 2013: AED 6,132,126 (AED 2,515 per sqft)Sold, February 2015: AED 6,500,000 (AED 2,666 per sqft)Sold, June 2020: AED 4,000,000 (AED 1,640 per sqft)

3204 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3204, 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, August 2023: AED 620,000 a yearNew contract, February 2025: AED 550,000 a yearNew contract, February 2025: AED 550,000 a yearNew contract, September 2026: AED 525,000 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 3204 sits

All 92 3-beds →

3204 last sold in June 2020 at AED 1,640 per sqft, 38% below what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,661). 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. 3204's AED 525,000 is in the upper 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
32023-bedAED 9.85M · Sep 2025
32032-bedAED 7M · Mar 2024
32052-bedAED 4M · Feb 2021
32063-bedAED 8.9M · Jan 2024
32071-bedAED 2.39M · Mar 2018

3204, The Address Residence Sky View 2 in numbers

  • Sold 4 times: first on 30 September 2013 for AED 6,011,888, last on 29 June 2020 for AED 4,000,000 (AED 1,640 per sqft).
  • Rented since August 2023 on 4 Ejari contracts, from AED 620,000 to AED 525,000 a year.
  • At AED 525,000 a year the gross yield on the 2020 price is 13.1%.
  • 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 1 September 2026.

Questions about 3204, The Address Residence Sky View 2

What did unit 3204 last sell for?

AED 4,000,000 on 29 June 2020: AED 1,640 per sqft for 2,438 sqft. The unit has 4 registered sales; the first was AED 6,011,888 in September 2013.

What is the rent for unit 3204?

AED 525,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2025, was AED 550,000; the unit has been rented since August 2023.

How big is unit 3204?

2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 32nd floor of a 51-storey tower completed in 2019.

What is unit 3204 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.

Selling 3204? 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 3204, The Address Residence Sky View 2

Starts from the last sale price (AED 4M, 29 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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