3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 39th floor · completed 2019

3902, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3902 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 5.38M2 December 2013
Current rentAED 520K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3902, The Address Residence Sky View 1

What is 3902 worth today?

Last sold for AED 5,375,888 in 2013

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5 Apr 2025RentedNew contract
AED 520,000/yr12 months · AED 257 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,375,888AED 2,661 per sqft

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

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
39th of 58
Parking
B2-241, B2-341, B2-342
Developer
Emaar
Completed
2019
Last sold
AED 5.38M · December 2013

About 3902, The Address Residence Sky View 1

3902 is a three-bedroom hotel apartment of 2,020 sqft on the 39th 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 2 December 2013 for AED 5,375,888, or AED 2,661 per sqft, 4% above the AED 2,557 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2025. The current contract, signed on 5 April 2025, is AED 520,000 a year: a gross yield of 9.7% on the 2013 price.

Sales and rents for 3902 over time

Sales
Unit 3902, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,360,888; 2014 AED 5,981,677; 2015 AED 6,181,388; 2016 AED 6,421,888; 2017 AED 4,827,533; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,350,000; 2021 AED 5,875,000; 2022 AED 6,225,000; 2023 AED 7,350,000; 2024 AED 8,425,000; 2025 AED 8,300,000Sold by developer, December 2013: AED 5,375,888 (AED 2,661 per sqft)

3902 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3902, each contractTypical three-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical rent by year: 2020 AED 235,000; 2021 AED 290,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 538,216; 2025 AED 540,000New contract, April 2025: AED 520,000 a year

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 3902 sits

All 107 3-beds →

3902 last sold in December 2013 at AED 2,661 per sqft, 4% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,557). 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. 3902's AED 520,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jan 202612,800,000
15 Jan 20268,700,000
31 Jul 20258,000,000
9 May 20258,000,000
4 3-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 →
Value
39012-bedAED 4.65M · May 2025
39032-bedAED 7.85M · Mar 2024
39043-bedAED 6.93M · Jan 2015
39052-bedAED 5.4M · Nov 2022
39063-bedAED 5.38M · Dec 2013
39072-bedAED 3.6M · Dec 2013

3902, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 2 December 2013 for AED 5,375,888, or AED 2,661 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 520,000 a year.
  • At AED 520,000 a year the gross yield on the 2013 price is 9.7%.
  • 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 5 April 2025.

Questions about 3902, The Address Residence Sky View 1

What did unit 3902 last sell for?

AED 5,375,888 on 2 December 2013, sold by the developer: AED 2,661 per sqft for 2,020 sqft. It is the only registered sale of the unit.

What is the rent for unit 3902?

AED 520,000 a year on the contract signed on 5 April 2025.

How big is unit 3902?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3902 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 3902, The Address Residence Sky View 1

Starts from the last sale price (AED 5.38M, 2 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,375,888
Deposit, UAE resident (20%)
AED 1,075,178
Deposit, non-resident (40%)
AED 2,150,355
Monthly over 25 years at 3.7%
AED 21,994

Plus AED 230,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →