2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 32nd floor · completed 2019

3205, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3205 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 6.65M7 July 2025
Current rentAED 400K /yr17 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3205, The Address Residence Sky View 1

What is 3205 worth today?

Last sold for AED 6,650,000 in 2025

Unlock today's estimate, updated daily, with

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

7 Jul 2025SoldReady
AED 6,650,000AED 3,914 per sqft
17 Nov 2024RentedRenewal
AED 400,000/yr12 months · AED 235 per sqft
17 Nov 2023RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
10 Jan 2023RentedRenewal
AED 280,000/yr9 months · AED 165 per sqft
10 Jan 2022RentedNew contract
AED 280,000/yr12 months · AED 165 per sqft
12 May 2016Sold by developerOff-plan
AED 5,045,888AED 3,063 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
32nd of 58
Parking
B3-452
Developer
Emaar
Completed
2019
Last sold
AED 6.65M · July 2025

About 3205, The Address Residence Sky View 1

3205 is a two-bedroom hotel apartment of 1,699 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 7 July 2025 for AED 6,650,000, or AED 3,914 per sqft, 4% above the AED 3,757 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 17 November 2024, is AED 400,000 a year: a gross yield of 6.0% on the 2025 price.

Sales and rents for 3205 over time

Sales
Unit 3205, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,054,888; 2014 AED 4,564,500; 2015 AED 4,175,699; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,500,000; 2020 AED 2,737,500; 2021 AED 3,287,500; 2022 AED 4,600,000; 2023 AED 5,850,000; 2024 AED 6,550,000; 2025 AED 4,900,000; 2026 AED 6,500,000Sold by developer, May 2016: AED 5,045,888 (AED 3,063 per sqft)Sold, July 2025: AED 6,650,000 (AED 3,914 per sqft)

3205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3205, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 345,000; 2024 AED 361,500; 2025 AED 320,000; 2026 AED 242,350New contract, January 2022: AED 280,000 a yearRenewal, January 2023: AED 280,000 a yearNew contract, November 2023: AED 400,000 a yearRenewal, November 2024: AED 400,000 a year

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 3205 sits

All 153 2-beds →

3205 last sold in July 2025 at AED 3,914 per sqft, 4% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,757). 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. 3205's AED 400,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20265,500,000
9 Feb 20267,620,000
22 Jan 20265,700,000
22 Jan 20266,850,000
6 2-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
32043-bedAED 6.67M · Jun 2015
32063-bedAED 8.7M · Feb 2024
32072-bedAED 4.9M · Mar 2025

3205, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 12 May 2016 for AED 5,045,888, last on 7 July 2025 for AED 6,650,000 (AED 3,914 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 280,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2025 price is 6.0%.
  • 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 7 July 2025.

Questions about 3205, The Address Residence Sky View 1

What did unit 3205 last sell for?

AED 6,650,000 on 7 July 2025: AED 3,914 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 5,045,888 in May 2016.

What is the rent for unit 3205?

AED 400,000 a year on the contract renewed on 17 November 2024. The previous contract, from November 2023, was AED 400,000; the unit has been rented since January 2022.

How big is unit 3205?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.

What is unit 3205 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 3205? 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 3205, The Address Residence Sky View 1

Starts from the last sale price (AED 6.65M, 7 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,650,000
Deposit, UAE resident (20%)
AED 1,330,000
Deposit, non-resident (40%)
AED 2,660,000
Monthly over 25 years at 3.7%
AED 27,207

Plus AED 284,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →