3-bed · 2,288 sqftThe Address Residence Sky View 1, Downtown Dubai · 32nd floor · completed 2019

3204, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in June 2015, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 6.67M9 June 2015
Current rentAED 550K /yr31 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, The Address Residence Sky View 1

What is 3204 worth today?

Last sold for AED 6,668,003 in 2015

Unlock today's estimate, updated daily, with

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

31 Jul 2025RentedRenewal
AED 550,000/yr12 months · AED 226 per sqft
31 Jul 2024RentedNew contract
AED 550,000/yr12 months · AED 226 per sqft
9 Jun 2015SoldOff-plan
AED 6,668,003AED 2,913 per sqft
4 Dec 2013Sold by developerOff-plan
AED 5,900,888AED 2,430 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2025.

Key facts

Type
3-bed hotel apartment
Size
2,288 sqft
Floor
32nd of 58
Parking
B3-424, B3-458, B3-459
Developer
Emaar
Completed
2019
Last sold
AED 6.67M · June 2015

About 3204, The Address Residence Sky View 1

3204 is a three-bedroom hotel apartment of 2,288 sqft on the 32nd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 9 June 2015 for AED 6,668,003, or AED 2,913 per sqft, 6% above the AED 2,757 three-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 31 July 2025, is AED 550,000 a year: a gross yield of 8.3% on the 2015 price.

Sales and rents for 3204 over time

Sales
Unit 3204, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,360,888; 2014 AED 5,981,677; 2015 AED 6,181,388; 2016 AED 6,421,888; 2017 AED 4,827,533; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,350,000; 2021 AED 5,875,000; 2022 AED 6,225,000; 2023 AED 7,350,000; 2024 AED 8,425,000; 2025 AED 8,300,000Sold by developer, December 2013: AED 5,900,888 (AED 2,430 per sqft)Sold, June 2015: AED 6,668,003 (AED 2,913 per sqft)

3204 has sold twice; 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 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 235,000; 2021 AED 290,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 538,216; 2025 AED 540,000New contract, July 2024: AED 550,000 a yearRenewal, July 2025: AED 550,000 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 1, and where 3204 sits

All 107 3-beds →

3204 last sold in June 2015 at AED 2,913 per sqft, 6% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,757). 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. 3204's AED 550,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jan 202612,800,000
15 Jan 20268,700,000
31 Jul 20258,000,000
9 May 20258,000,000
4 3-bed sales in the last 12 months

The Address Residence Sky View 1

Building

326 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%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
3201AED 4.85M · Jan 2026
32023-bedAED 5.68M · Jan 2014
32032-bedAED 5.05M · Apr 2016
32052-bedAED 6.65M · Jul 2025
32063-bedAED 8.7M · Feb 2024
32072-bedAED 4.9M · Mar 2025

3204, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 4 December 2013 for AED 5,900,888, last on 9 June 2015 for AED 6,668,003 (AED 2,913 per sqft).
  • Rented since July 2024 on 2 Ejari contracts, at AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2015 price is 8.3%.
  • 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 31 July 2025.

Questions about 3204, The Address Residence Sky View 1

What did unit 3204 last sell for?

AED 6,668,003 on 9 June 2015: AED 2,913 per sqft for 2,288 sqft. The unit has 2 registered sales; the first was AED 5,900,888 in December 2013.

What is the rent for unit 3204?

AED 550,000 a year on the contract renewed on 31 July 2025. The previous contract, from July 2024, was AED 550,000.

How big is unit 3204?

2,288 sqft (212.6 sqm): a three-bedroom hotel apartment on the 32nd floor of a 58-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 1 sold for AED 8,599,992 to 12,800,000 in the last 12 months, around AED 4,284 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 1

Starts from the last sale price (AED 6.67M, 9 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 6,668,003
Deposit, UAE resident (20%)
AED 1,333,601
Deposit, non-resident (40%)
AED 2,667,201
Monthly over 25 years at 3.7%
AED 27,281

Plus AED 285,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →