3002, The Address Residence Sky View 1
Sold prices and rental history: sold 3 times, last in November 2014, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, The Address Residence Sky View 1
What is 3002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,020 sqft
- Floor
- 30th of 58
- Parking
- B2-429, B2-423
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.55M · November 2014
- Building
- The Address Residence Sky View 1
About 3002, The Address Residence Sky View 1
3002 is a three-bedroom hotel apartment of 2,020 sqft on the 30th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 18 November 2014 for AED 5,550,183, or AED 2,747 per sqft, 7% above the AED 2,570 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 16 December 2023. The current contract, signed on 16 December 2023, is AED 550,000 a year: a gross yield of 9.9% on the 2014 price.
Sales and rents for 3002 over time
3002 has sold 3 times; 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 3002 sits
All 107 3-beds →3002 last sold in November 2014 at AED 2,747 per sqft, 7% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,570). Over the last 12 months three-beds sold for AED 8,599,992 to 12,800,000, around AED 4,284 per sqft, and rent for AED 580,000 to 600,000 a year. 3002's AED 550,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 | ||
| 15 Jan 202615 January 2026 | 2,019 sqft | 8,700,000 | 4,309 | ||
| 31 Jul 202531 July 2025 | 2,019 sqft | 8,000,000 | 3,962 | ||
| 9 May 20259 May 2025 | 2,020 sqft | 8,000,000 | 3,960 |
The Address Residence Sky View 1
Building326 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 13 sold in the last 12 months.
- Typical price per sqft
- AED 3,826 Up 0.9%
- Typical sale
- AED 6.85M
- Typical rent
- AED 275K /yr
- Typical yield
- 5.4%
Other units on the 30th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,329 sqft | AED 4.8MAED 4,800,000 · Dec 2024December 2024 | ||
| 3003 | 2-bed | 1,699 sqft | AED 6.5MAED 6,500,000 · Jan 2025January 2025 | ||
| 3004 | 2,427 sqft | AED 3.73MAED 3,725,000 · Jan 2023January 2023 | 600,000 /yr | ||
| 3005 | 2-bed | 1,699 sqft | AED 6.6MAED 6,600,000 · Jul 2024July 2024 | ||
| 3006 | 3-bed | 2,019 sqft | AED 5.29MAED 5,285,888 · Feb 2015February 2015 | ||
| 3007 | 2-bed | 1,543 sqft | AED 3.9MAED 3,900,000 · Jun 2014June 2014 | 300,000 /yr |
3002, The Address Residence Sky View 1 in numbers
- Sold 3 times: first on 11 July 2013 for AED 5,285,888, last on 18 November 2014 for AED 5,550,183 (AED 2,747 per sqft).
- Rented since December 2023 on one Ejari contract, at AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2014 price is 9.9%.
- Three-beds in The Address Residence Sky View 1 sold for AED 8,599,992–12,800,000 in the 12 months to November 2026; the building's median across all types is AED 3,826 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2023.
Questions about 3002, The Address Residence Sky View 1
What did unit 3002 last sell for?
AED 5,550,183 on 18 November 2014: AED 2,747 per sqft for 2,020 sqft. The unit has 3 registered sales; the first was AED 5,285,888 in July 2013.
What is the rent for unit 3002?
AED 550,000 a year on the contract signed on 16 December 2023.
How big is unit 3002?
2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 30th floor of a 58-storey tower completed in 2019.
What is unit 3002 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 8,599,992 to 12,800,000 in the last 12 months, around AED 4,284 per sqft.
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Mortgage on 3002, The Address Residence Sky View 1
Starts from the last sale price (AED 5.55M, 18 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,550,183
- Deposit, UAE resident (20%)
- AED 1,110,037
- Deposit, non-resident (40%)
- AED 2,220,073
- Monthly over 25 years at 3.7%
- AED 22,708
Plus AED 238,117 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →