1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 37th floor · completed 2019

3703, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 4.56M3 December 2013
Current rentAED 360K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, The Address Residence Sky View 1

What is 3703 worth today?

Last sold for AED 4,561,323 in 2013

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5 Apr 2025RentedNew contract
AED 360,000/yr12 months · AED 212 per sqft
23 May 2023RentedRenewal
AED 256,435/yr5 months · AED 151 per sqft
23 May 2022RentedRenewal
AED 260,000/yr12 months · AED 153 per sqft
23 May 2021RentedNew contract
AED 260,000/yr12 months · AED 153 per sqft
3 Dec 2013SoldOff-plan
AED 4,561,323AED 2,684 per sqft
7 Oct 2013Sold by developerOff-plan
AED 4,385,888AED 2,581 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2025.

Key facts

Type
Hotel apartment
Size
1,699 sqft
Floor
37th of 58
Parking
B3-208
Developer
Emaar
Completed
2019
Last sold
AED 4.56M · December 2013

About 3703, The Address Residence Sky View 1

3703 is a hotel apartment of 1,699 sqft on the 37th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 3 December 2013 for AED 4,561,323, or AED 2,684 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 April 2025, is AED 360,000 a year: a gross yield of 7.9% on the 2013 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
37012-bedAED 4.1M · Jan 2023
37023-bedAED 5.36M · Nov 2013
37043-bedAED 5.95M · Dec 2013
37052-bedAED 4.5M · Jul 2021
37063-bedAED 3.95M · Oct 2020
37072-bedAED 3.59M · Nov 2013

3703, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 7 October 2013 for AED 4,385,888, last on 3 December 2013 for AED 4,561,323 (AED 2,684 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 260,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2013 price is 7.9%.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2025.

Questions about 3703, The Address Residence Sky View 1

What did unit 3703 last sell for?

AED 4,561,323 on 3 December 2013: AED 2,684 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,385,888 in October 2013.

What is the rent for unit 3703?

AED 360,000 a year on the contract signed on 5 April 2025. The previous contract, from May 2023, was AED 256,435; the unit has been rented since May 2021.

How big is unit 3703?

1,699 sqft (157.8 sqm): a hotel apartment on the 37th floor of a 58-storey tower completed in 2019.

What is unit 3703 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 3703, The Address Residence Sky View 1

Starts from the last sale price (AED 4.56M, 3 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,561,323
Deposit, UAE resident (20%)
AED 912,265
Deposit, non-resident (40%)
AED 1,824,529
Monthly over 25 years at 3.7%
AED 18,662

Plus AED 196,586 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →