2,019 sqftThe Address Residence Sky View 1, Downtown Dubai · 33rd floor · completed 2019

3306, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in April 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3306 · DLD and Ejari recordsUpdated 11 June 2022
Last soldAED 5.15M26 April 2021
Current rentAED 70K /yr11 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3306, The Address Residence Sky View 1

What is 3306 worth today?

Last sold for AED 5,150,000 in 2021

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11 Jun 2022RentedRenewal
AED 70,000/yr12 months · AED 35 per sqft
9 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 35 per sqft
26 Apr 2021SoldReady
AED 5,150,000AED 2,550 per sqft
12 Dec 2013Sold by developerOff-plan
AED 5,315,888AED 2,632 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 June 2022.

Key facts

Type
Hotel apartment
Size
2,019 sqft
Floor
33rd of 58
Parking
B2-15, B2-195
Developer
Emaar
Completed
2019
Last sold
AED 5.15M · April 2021

About 3306, The Address Residence Sky View 1

3306 is a hotel apartment of 2,019 sqft on the 33rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 26 April 2021 for AED 5,150,000, or AED 2,550 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 11 June 2022, is AED 70,000 a year: a gross yield of 1.4% on the 2021 price.

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
33012-bedAED 3.56M · Jun 2016
33023-bedAED 8M · Oct 2023
33032-bedAED 7.1M · Nov 2023
33043-bedAED 5.88M · Apr 2021
33052-bedAED 4.62M · Nov 2016
33072-bedAED 4.6M · Nov 2022

3306, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 12 December 2013 for AED 5,315,888, last on 26 April 2021 for AED 5,150,000 (AED 2,550 per sqft).
  • Rented since June 2021 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 1.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 June 2022.

Questions about 3306, The Address Residence Sky View 1

What did unit 3306 last sell for?

AED 5,150,000 on 26 April 2021: AED 2,550 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 5,315,888 in December 2013.

What is the rent for unit 3306?

AED 70,000 a year on the contract renewed on 11 June 2022. The previous contract, from June 2021, was AED 70,000.

How big is unit 3306?

2,019 sqft (187.6 sqm): a hotel apartment on the 33rd floor of a 58-storey tower completed in 2019.

What is unit 3306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3306, The Address Residence Sky View 1

Starts from the last sale price (AED 5.15M, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

Plus AED 221,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →