3206, The Address Residence Sky View 1
Sold prices and rental history: sold 4 times, last in February 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3206, The Address Residence Sky View 1
What is 3206 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2026.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,019 sqft
- Floor
- 32nd of 58
- Parking
- B2-29, B2-221, B2-222
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 8.7M · February 2024
- Building
- The Address Residence Sky View 1
About 3206, The Address Residence Sky View 1
3206 is a three-bedroom hotel apartment of 2,019 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 2 February 2024 for AED 8,700,000, or AED 4,309 per sqft, 27% above the AED 3,392 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 February 2026, is AED 2,000,000 a year: a gross yield of 23.0% on the 2024 price.
Sales and rents for 3206 over time
3206 has sold 4 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 3206 sits
All 107 3-beds →3206 last sold in February 2024 at AED 4,309 per sqft, 27% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,392). 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. 3206's AED 2,000,000 is at the top 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 32nd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 332 sqft | AED 4.85MAED 4,850,000 · Jan 2026January 2026 | 290,000 /yr | ||
| 3202 | 3-bed | 2,020 sqft | AED 5.68MAED 5,677,300 · Jan 2014January 2014 | 225,000 /yr | |
| 3203 | 2-bed | 1,647 sqft | AED 5.05MAED 5,045,888 · Apr 2016April 2016 | ||
| 3204 | 3-bed | 2,288 sqft | AED 6.67MAED 6,668,003 · Jun 2015June 2015 | 550,000 /yr | |
| 3205 | 2-bed | 1,699 sqft | AED 6.65MAED 6,650,000 · Jul 2025July 2025 | 400,000 /yr | |
| 3207 | 2-bed | 1,543 sqft | AED 4.9MAED 4,900,000 · Mar 2025March 2025 |
3206, The Address Residence Sky View 1 in numbers
- Sold 4 times: first on 4 December 2013 for AED 5,305,888, last on 2 February 2024 for AED 8,700,000 (AED 4,309 per sqft).
- Rented since December 2022 on 2 Ejari contracts, from AED 540,000 to AED 2,000,000 a year.
- At AED 2,000,000 a year the gross yield on the 2024 price is 23.0%.
- 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 February 2026.
Questions about 3206, The Address Residence Sky View 1
What did unit 3206 last sell for?
AED 8,700,000 on 2 February 2024: AED 4,309 per sqft for 2,019 sqft. The unit has 4 registered sales; the first was AED 5,305,888 in December 2013.
What is the rent for unit 3206?
AED 2,000,000 a year on the contract signed on 16 February 2026. The previous contract, from December 2022, was AED 540,000.
How big is unit 3206?
2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.
What is unit 3206 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 3206, The Address Residence Sky View 1
Starts from the last sale price (AED 8.7M, 2 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,700,000
- Deposit, UAE resident (20%)
- AED 1,740,000
- Deposit, non-resident (40%)
- AED 3,480,000
- Monthly over 25 years at 3.7%
- AED 35,594
Plus AED 370,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →