3801, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3801, The Address Residence Sky View 1
What is 3801 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 664 sqft
- Floor
- 38th of 58
- Parking
- B3-201
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 1.2M · February 2020
- Building
- The Address Residence Sky View 1
About 3801, The Address Residence Sky View 1
3801 is a two-bedroom hotel apartment of 664 sqft on the 38th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 26 February 2020 for AED 1,200,000, or AED 1,805 per sqft, in line with the AED 1,824 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 April 2024, is AED 310,000 a year: a gross yield of 25.8% on the 2020 price.
Sales and rents for 3801 over time
3801 has sold once; the dashed line is the two-bed median of each year in the building.
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 3801 sits
All 153 2-beds →3801 last sold in February 2020 at AED 1,805 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,824). 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. 3801's AED 310,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,518 sqft | 5,500,000 | 3,622 | ||
| 9 Feb 20269 February 2026 | 1,699 sqft | 7,620,000 | 4,484 | ||
| 22 Jan 202622 January 2026 | 1,519 sqft | 5,700,000 | 3,752 | ||
| 22 Jan 202622 January 2026 | 1,699 sqft | 6,850,000 | 4,032 |
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 38th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3802 | 2,020 sqft | AED 8.9MAED 8,900,000 · Nov 2025November 2025 | 460,000 /yr | ||
| 3803 | 2-bed | 1,699 sqft | AED 4.75MAED 4,745,400 · Jul 2013July 2013 | 261,352 /yr | |
| 3804 | 3-bed | 2,427 sqft | AED 5.96MAED 5,960,888 · Dec 2013December 2013 | ||
| 3805 | 2-bed | 1,699 sqft | AED 4.39MAED 4,393,888 · Sep 2013September 2013 | 425,000 /yr | |
| 3806 | 3-bed | 2,019 sqft | AED 8.9MAED 8,900,000 · Mar 2025March 2025 | ||
| 3807 | 2-bed | 1,543 sqft | AED 5MAED 5,000,000 · May 2025May 2025 |
3801, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 26 February 2020 for AED 1,200,000, or AED 1,805 per sqft.
- Rented since April 2022 on 3 Ejari contracts, from AED 240,000 to AED 310,000 a year.
- At AED 310,000 a year the gross yield on the 2020 price is 25.8%.
- 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 5 April 2024.
Questions about 3801, The Address Residence Sky View 1
What did unit 3801 last sell for?
AED 1,200,000 on 26 February 2020, sold by the developer: AED 1,805 per sqft for 664 sqft. It is the only registered sale of the unit.
What is the rent for unit 3801?
AED 310,000 a year on the contract renewed on 5 April 2024. The previous contract, from April 2023, was AED 280,000; the unit has been rented since April 2022.
How big is unit 3801?
664 sqft (61.7 sqm): a two-bedroom hotel apartment on the 38th floor of a 58-storey tower completed in 2019.
What is unit 3801 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 3801, The Address Residence Sky View 1
Starts from the last sale price (AED 1.2M, 26 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →