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2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 36th floor · completed 2019

3601, The Address Residence Sky View 1

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

Unit 3601 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 4.5M4 June 2025
Current rentAED 300K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3601, The Address Residence Sky View 1

What is 3601 worth today?

Last sold for AED 4,500,000 in 2025

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4 Jun 2025SoldReady
AED 4,500,000AED 3,385 per sqft
2 May 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
28 Apr 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
20 Apr 2024RentedNew contract
AED 360,000/yr12 months · AED 272 per sqft
22 Mar 2023RentedRenewal
AED 290,000/yr12 months · AED 219 per sqft
22 Mar 2022RentedRenewal
AED 240,000/yr12 months · AED 181 per sqft
28 Nov 2013Sold by developerOff-plan
AED 3,181,888AED 2,394 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
36th of 58
Parking
B3-101
Developer
Emaar
Completed
2019
Last sold
AED 4.5M · June 2025
Building
The Address Residence Sky View 1

About 3601, The Address Residence Sky View 1

3601 is a two-bedroom hotel apartment of 1,329 sqft on the 36th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 4 June 2025 for AED 4,500,000, or AED 3,385 per sqft, 10% below the AED 3,757 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 2 May 2025, is AED 300,000 a year: a gross yield of 6.7% on the 2025 price.

Sales and rents for 3601 over time

Sales
Unit 3601, 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, November 2013: AED 3,181,888 (AED 2,394 per sqft)Sold, June 2025: AED 4,500,000 (AED 3,385 per sqft)

3601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3601, each contractTypical two-bed in The Address Residence Sky View 1
200K300K2020202220242026Typical 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 242,350Renewal, March 2022: AED 240,000 a yearRenewal, March 2023: AED 290,000 a yearNew contract, April 2024: AED 360,000 a yearNew contract, April 2025: AED 300,000 a yearNew contract, May 2025: AED 300,000 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 3601 sits

All 153 2-beds →

3601 last sold in June 2025 at AED 3,385 per sqft, 10% below 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. 3601's AED 300,000 is in the lower 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 →

Other units on the 36th floor

All 326 units in The Address Residence Sky View 1
Value
36023-bedAED 6.21M · Jan 2015
36032-bedAED 7.62M · Feb 2026
3604AED 5.8M · Apr 2021
36052-bedAED 4.38M · Nov 2013
3606AED 8.3M · Sep 2025
36072-bedAED 3.65M · Dec 2021

3601, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 28 November 2013 for AED 3,181,888, last on 4 June 2025 for AED 4,500,000 (AED 3,385 per sqft).
  • Rented since March 2022 on 5 Ejari contracts, from AED 240,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2025 price is 6.7%.
  • 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 4 June 2025.

Questions about 3601, The Address Residence Sky View 1

What did unit 3601 last sell for?

AED 4,500,000 on 4 June 2025: AED 3,385 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,181,888 in November 2013.

What is the rent for unit 3601?

AED 300,000 a year on the contract signed on 2 May 2025. The previous contract, from April 2025, was AED 300,000; the unit has been rented since March 2022.

How big is unit 3601?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 36th floor of a 58-storey tower completed in 2019.

What is unit 3601 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.

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Mortgage on 3601, The Address Residence Sky View 1

Starts from the last sale price (AED 4.5M, 4 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →