3904, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3904, The Address Residence Sky View 1
What is 3904 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,427 sqft
- Floor
- 39th of 58
- Parking
- B2-137, B2-136
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.93M · January 2015
- Building
- The Address Residence Sky View 1
About 3904, The Address Residence Sky View 1
3904 is a three-bedroom hotel apartment of 2,427 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 22 January 2015 for AED 6,929,888, or AED 2,854 per sqft, 4% above the AED 2,743 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 6 February 2025, is AED 600,000 a year: a gross yield of 8.7% on the 2015 price.
Sales and rents for 3904 over time
3904 has sold once; the dashed line is the three-bed median of each year in the building.
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 3904 sits
All 107 3-beds →3904 last sold in January 2015 at AED 2,854 per sqft, 4% above what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,743). 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. 3904's AED 600,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 | ||
| 15 Jan 202615 January 2026 | 2,019 sqft | 8,700,000 | 4,309 | ||
| 31 Jul 202531 July 2025 | 2,019 sqft | 8,000,000 | 3,962 | ||
| 9 May 20259 May 2025 | 2,020 sqft | 8,000,000 | 3,960 |
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 39th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3901 | 2-bed | 1,329 sqft | AED 4.65MAED 4,650,000 · May 2025May 2025 | 240,000 /yr | |
| 3902 | 3-bed | 2,020 sqft | AED 5.38MAED 5,375,888 · Dec 2013December 2013 | 520,000 /yr | |
| 3903 | 2-bed | 1,699 sqft | AED 7.85MAED 7,850,000 · Mar 2024March 2024 | 500,000 /yr | |
| 3905 | 2-bed | 1,699 sqft | AED 5.4MAED 5,400,000 · Nov 2022November 2022 | 375,000 /yr | |
| 3906 | 3-bed | 2,019 sqft | AED 5.38MAED 5,375,888 · Dec 2013December 2013 | 598,391 /yr | |
| 3907 | 2-bed | 1,543 sqft | AED 3.6MAED 3,600,888 · Dec 2013December 2013 | 286,000 /yr |
3904, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 22 January 2015 for AED 6,929,888, or AED 2,854 per sqft.
- Rented since January 2022 on 4 Ejari contracts, from AED 300,000 to AED 600,000 a year.
- At AED 600,000 a year the gross yield on the 2015 price is 8.7%.
- 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 6 February 2025.
Questions about 3904, The Address Residence Sky View 1
What did unit 3904 last sell for?
AED 6,929,888 on 22 January 2015, sold by the developer: AED 2,854 per sqft for 2,427 sqft. It is the only registered sale of the unit.
What is the rent for unit 3904?
AED 600,000 a year on the contract signed on 6 February 2025. The previous contract, from February 2024, was AED 575,000; the unit has been rented since January 2022.
How big is unit 3904?
2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.
What is unit 3904 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 3904, The Address Residence Sky View 1
Starts from the last sale price (AED 6.93M, 22 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 6,929,888
- Deposit, UAE resident (20%)
- AED 1,385,978
- Deposit, non-resident (40%)
- AED 2,771,955
- Monthly over 25 years at 3.7%
- AED 28,352
Plus AED 296,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →