3704, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in January 2014, 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 3704, The Address Residence Sky View 2
What is 3704 worth today?
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Source: Dubai Land Department. Updated 24 November 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,438 sqft
- Floor
- 37th of 51
- Parking
- B2-67, B2-68
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.67M · January 2014
- Building
- The Address Residence Sky View 2
About 3704, The Address Residence Sky View 2
3704 is a three-bedroom hotel apartment of 2,438 sqft on the 37th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 27 January 2014 for AED 6,668,077, or AED 2,735 per sqft, 5% above the AED 2,613 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 24 November 2024, is AED 530,000 a year: a gross yield of 8.0% on the 2014 price.
Sales and rents for 3704 over time
3704 has sold twice; 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 2, and where 3704 sits
All 92 3-beds →3704 last sold in January 2014 at AED 2,735 per sqft, 5% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,613). 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. 3704's AED 530,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 2,021 sqft | 8,200,000 | 4,056 | ||
| 11 Jun 202611 June 2026 | 2,021 sqft | 8,400,000 | 4,155 | ||
| 30 Apr 202630 April 2026 | 2,432 sqft | 10,000,000 | 4,112 | ||
| 22 Dec 202522 December 2025 | 2,432 sqft | 12,000,000 | 4,935 |
The Address Residence Sky View 2
Building216 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%
Other units on the 37th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 2-bed | 1,542 sqft | AED 4.53MAED 4,530,000 · May 2023May 2023 | 275,000 /yr | |
| 3702 | 3-bed | 2,021 sqft | AED 5.44MAED 5,438,888 · Dec 2013December 2013 | ||
| 3703 | 2-bed | 1,699 sqft | AED 4.42MAED 4,422,888 · Nov 2013November 2013 | 400,000 /yr | |
| 3705 | 2-bed | 1,700 sqft | AED 6.1MAED 6,100,000 · Dec 2022December 2022 | ||
| 3706 | 3-bed | 2,021 sqft | AED 7.17MAED 7,170,000 · Feb 2023February 2023 | 440,000 /yr | |
| 3707 | 1-bed | 1,051 sqft | AED 3.27MAED 3,265,000 · Feb 2023February 2023 | 200,000 /yr |
3704, The Address Residence Sky View 2 in numbers
- Sold twice: first on 28 November 2013 for AED 6,061,888, last on 27 January 2014 for AED 6,668,077 (AED 2,735 per sqft).
- Rented since September 2020 on 5 Ejari contracts, from AED 200,000 to AED 530,000 a year.
- At AED 530,000 a year the gross yield on the 2014 price is 8.0%.
- 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 24 November 2024.
Questions about 3704, The Address Residence Sky View 2
What did unit 3704 last sell for?
AED 6,668,077 on 27 January 2014: AED 2,735 per sqft for 2,438 sqft. The unit has 2 registered sales; the first was AED 6,061,888 in November 2013.
What is the rent for unit 3704?
AED 530,000 a year on the contract renewed on 24 November 2024. The previous contract, from November 2023, was AED 530,000; the unit has been rented since September 2020.
How big is unit 3704?
2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 37th floor of a 51-storey tower completed in 2019.
What is unit 3704 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 3704, The Address Residence Sky View 2
Starts from the last sale price (AED 6.67M, 27 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 6,668,077
- Deposit, UAE resident (20%)
- AED 1,333,615
- Deposit, non-resident (40%)
- AED 2,667,231
- Monthly over 25 years at 3.7%
- AED 27,281
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →