3101, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in July 2021, 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 3101, The Address Residence Sky View 1
What is 3101 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,329 sqft
- Floor
- 31st of 58
- Parking
- B3-98
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3M · July 2021
- Building
- The Address Residence Sky View 1
About 3101, The Address Residence Sky View 1
3101 is a two-bedroom hotel apartment of 1,329 sqft on the 31st floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 July 2021 for AED 3,000,000, or AED 2,257 per sqft, 20% above the AED 1,878 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 350,000 a year: a gross yield of 11.7% on the 2021 price.
Sales and rents for 3101 over time
3101 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residence Sky View 1, and where 3101 sits
All 153 2-beds →3101 last sold in July 2021 at AED 2,257 per sqft, 20% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,878). Over the last 12 months two-beds sold for AED 4,850,000 to 7,620,000, around AED 3,789 per sqft, and rent for AED 209,700 to 450,000 a year. 3101's AED 350,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,518 sqft | 5,500,000 | 3,622 | ||
| 9 Feb 20269 February 2026 | 1,699 sqft | 7,620,000 | 4,484 | ||
| 22 Jan 202622 January 2026 | 1,519 sqft | 5,700,000 | 3,752 | ||
| 22 Jan 202622 January 2026 | 1,699 sqft | 6,850,000 | 4,032 |
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 31st floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3102 | 3-bed | 1,998 sqft | AED 4.77MAED 4,766,299 · Mar 2017March 2017 | ||
| 3103 | 2-bed | 1,699 sqft | AED 3.75MAED 3,750,000 · Mar 2020March 2020 | ||
| 3104 | 3-bed | 2,427 sqft | AED 3.35MAED 3,350,000 · Feb 2022February 2022 | ||
| 3105 | 2-bed | 1,647 sqft | AED 6.85MAED 6,850,000 · Jan 2026January 2026 | 380,000 /yr | |
| 3106 | 3-bed | 1,998 sqft | AED 5.61MAED 5,608,621 · Dec 2015December 2015 | 520,000 /yr | |
| 3107 | 2-bed | 1,543 sqft | AED 3.8MAED 3,800,000 · Aug 2022August 2022 | 320,000 /yr |
3101, The Address Residence Sky View 1 in numbers
- Sold twice: first on 6 December 2015 for AED 3,552,888, last on 14 July 2021 for AED 3,000,000 (AED 2,257 per sqft).
- Rented since October 2020 on 4 Ejari contracts, from AED 140,000 to AED 350,000 a year.
- At AED 350,000 a year the gross yield on the 2021 price is 11.7%.
- Two-beds in The Address Residence Sky View 1 sold for AED 4,850,000–7,620,000 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 21 November 2024.
Questions about 3101, The Address Residence Sky View 1
What did unit 3101 last sell for?
AED 3,000,000 on 14 July 2021: AED 2,257 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,552,888 in December 2015.
What is the rent for unit 3101?
AED 350,000 a year on the contract renewed on 21 November 2024. The previous contract, from November 2023, was AED 335,000; the unit has been rented since October 2020.
How big is unit 3101?
1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 31st floor of a 58-storey tower completed in 2019.
What is unit 3101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 4,850,000 to 7,620,000 in the last 12 months, around AED 3,789 per sqft.
Selling 3101? 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.
Mortgage on 3101, The Address Residence Sky View 1
Starts from the last sale price (AED 3M, 14 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →