3-bed · 2,021 sqftThe Address Residence Sky View 2, Downtown Dubai · 34th floor · completed 2019

3406, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 16 December 2021
Last soldAED 5.41M16 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, The Address Residence Sky View 2

What is 3406 worth today?

Last sold for AED 5,407,888 in 2021

Unlock today's estimate, updated daily, with

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

16 Dec 2021Sold by developerReady
AED 5,407,888AED 2,675 per sqft

Source: Dubai Land Department. Updated 16 December 2021.

Key facts

Type
3-bed hotel apartment
Size
2,021 sqft
Floor
34th of 51
Parking
B2-90, B2-359
Developer
Emaar
Completed
2019
Last sold
AED 5.41M · December 2021

About 3406, The Address Residence Sky View 2

3406 is a three-bedroom hotel apartment of 2,021 sqft on the 34th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 16 December 2021 for AED 5,407,888, or AED 2,675 per sqft, in line with the AED 2,675 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3406 over time

Sales
Unit 3406, 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 2021: AED 5,407,888 (AED 2,675 per sqft)

3406 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3406, 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 509,998

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 3406 sits

All 92 3-beds →

3406 last sold in December 2021 at AED 2,675 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,675). 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.

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
34012-bedAED 3.62M · Dec 2013
34023-bedAED 8.4M · May 2025
34032-bedAED 6.5M · Apr 2023
34043-bedAED 6.03M · Dec 2013
34052-bedAED 4.4M · Dec 2013
34071-bedAED 2.2M · Jun 2021

3406, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 16 December 2021 for AED 5,407,888, or AED 2,675 per sqft.
  • 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 16 December 2021.

Questions about 3406, The Address Residence Sky View 2

What did unit 3406 last sell for?

AED 5,407,888 on 16 December 2021, sold by the developer: AED 2,675 per sqft for 2,021 sqft. It is the only registered sale of the unit.

How big is unit 3406?

2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 34th floor of a 51-storey tower completed in 2019.

What is unit 3406 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 3406? 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 3406, The Address Residence Sky View 2

Starts from the last sale price (AED 5.41M, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,407,888
Deposit, UAE resident (20%)
AED 1,081,578
Deposit, non-resident (40%)
AED 2,163,155
Monthly over 25 years at 3.7%
AED 22,125

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