2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 39th floor · completed 2019

3905, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3905 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 5.4M25 November 2022
Current rentAED 375K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3905, The Address Residence Sky View 1

What is 3905 worth today?

Last sold for AED 5,400,000 in 2022

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20 Mar 2025RentedNew contract
AED 375,000/yr12 months · AED 220 per sqft
5 Aug 2024RentedNew contract
AED 420,000/yr12 months · AED 247 per sqft
25 Jan 2023RentedNew contract
AED 380,000/yr12 months · AED 224 per sqft
25 Nov 2022SoldReady
AED 5,400,000AED 3,178 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,401,888AED 2,591 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
39th of 58
Parking
B3-140
Developer
Emaar
Completed
2019
Last sold
AED 5.4M · November 2022

About 3905, The Address Residence Sky View 1

3905 is a two-bedroom hotel apartment of 1,699 sqft on the 39th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 November 2022 for AED 5,400,000, or AED 3,178 per sqft, 19% above the AED 2,663 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 20 March 2025, is AED 375,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 3905 over time

Sales
Unit 3905, 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, December 2013: AED 4,401,888 (AED 2,591 per sqft)Sold, November 2022: AED 5,400,000 (AED 3,178 per sqft)

3905 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3905, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical 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 242,350New contract, January 2023: AED 380,000 a yearNew contract, August 2024: AED 420,000 a yearNew contract, March 2025: AED 375,000 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 3905 sits

All 153 2-beds →

3905 last sold in November 2022 at AED 3,178 per sqft, 19% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,663). 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. 3905's AED 375,000 is in the upper 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 →
Value
39012-bedAED 4.65M · May 2025
39023-bedAED 5.38M · Dec 2013
39032-bedAED 7.85M · Mar 2024
39043-bedAED 6.93M · Jan 2015
39063-bedAED 5.38M · Dec 2013
39072-bedAED 3.6M · Dec 2013

3905, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,401,888, last on 25 November 2022 for AED 5,400,000 (AED 3,178 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 380,000 to AED 375,000 a year.
  • At AED 375,000 a year the gross yield on the 2022 price is 6.9%.
  • 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 20 March 2025.

Questions about 3905, The Address Residence Sky View 1

What did unit 3905 last sell for?

AED 5,400,000 on 25 November 2022: AED 3,178 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,401,888 in December 2013.

What is the rent for unit 3905?

AED 375,000 a year on the contract signed on 20 March 2025. The previous contract, from August 2024, was AED 420,000; the unit has been rented since January 2023.

How big is unit 3905?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3905 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 3905, The Address Residence Sky View 1

Starts from the last sale price (AED 5.4M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

Plus AED 231,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →