2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 37th floor · completed 2019

3701, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 4.53M9 May 2023
Current rentAED 320K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, The Address Residence Sky View 2

What is 3701 worth today?

Last sold for AED 4,530,000 in 2023

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25 Jul 2025RentedNew contract
AED 320,000/yr12 months · AED 207 per sqft
9 May 2023SoldReady
AED 4,530,000AED 2,936 per sqft
26 Aug 2020SoldReady
AED 2,700,000AED 1,750 per sqft
2 Dec 2013Sold by developerOff-plan
AED 3,637,888AED 2,358 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2025.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
37th of 51
Parking
B3-333
Developer
Emaar
Completed
2019
Last sold
AED 4.53M · May 2023

About 3701, The Address Residence Sky View 2

3701 is a two-bedroom hotel apartment of 1,542 sqft on the 37th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 9 May 2023 for AED 4,530,000, or AED 2,936 per sqft, 8% below the AED 3,207 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2025. The current contract, signed on 25 July 2025, is AED 320,000 a year: a gross yield of 7.1% on the 2023 price.

Sales and rents for 3701 over time

Sales
Unit 3701, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,754,833; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,500,000; 2022 AED 5,167,500; 2023 AED 6,000,000; 2024 AED 5,200,000; 2025 AED 6,425,000Sold by developer, December 2013: AED 3,637,888 (AED 2,358 per sqft)Sold, August 2020: AED 2,700,000 (AED 1,750 per sqft)Sold, May 2023: AED 4,530,000 (AED 2,936 per sqft)

3701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3701, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 247,500; 2022 AED 340,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 410,000New contract, July 2025: AED 320,000 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 2, and where 3701 sits

All 77 2-beds →

3701 last sold in May 2023 at AED 2,936 per sqft, 8% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,207). Over the last 12 months two-beds sold for AED 5,600,000 to 7,200,000, around AED 3,932 per sqft, and rent for AED 251,788 to 420,000 a year. 3701's AED 320,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20267,200,000
21 May 20255,100,000
28 Apr 20257,900,000
6 Mar 20257,750,000
2 2-bed sales in the last 12 months

The Address Residence Sky View 2

Building

216 apartments, 1-bed to 5-bed over 51 floors in Downtown Dubai, completed in 2019 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 4,585
Typical sale
AED 9.6M
Typical rent
AED 315K /yr
Typical yield
4.5%
The Address Residence Sky View 2, Downtown Dubai: prices, sales and rents →
Value
37023-bedAED 5.44M · Dec 2013
37032-bedAED 4.42M · Nov 2013
37043-bedAED 6.67M · Jan 2014
37052-bedAED 6.1M · Dec 2022
37063-bedAED 7.17M · Feb 2023
37071-bedAED 3.27M · Feb 2023

3701, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 3,637,888, last on 9 May 2023 for AED 4,530,000 (AED 2,936 per sqft).
  • Rented since July 2025 on one Ejari contract, at AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2023 price is 7.1%.
  • Two-beds in The Address Residence Sky View 2 sold for AED 5,600,000–7,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,585 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2025.

Questions about 3701, The Address Residence Sky View 2

What did unit 3701 last sell for?

AED 4,530,000 on 9 May 2023: AED 2,936 per sqft for 1,542 sqft. The unit has 3 registered sales; the first was AED 3,637,888 in December 2013.

What is the rent for unit 3701?

AED 320,000 a year on the contract signed on 25 July 2025.

How big is unit 3701?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 37th floor of a 51-storey tower completed in 2019.

What is unit 3701 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 2 sold for AED 5,600,000 to 7,200,000 in the last 12 months, around AED 3,932 per sqft.

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Mortgage on 3701, The Address Residence Sky View 2

Starts from the last sale price (AED 4.53M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,530,000
Deposit, UAE resident (20%)
AED 906,000
Deposit, non-resident (40%)
AED 1,812,000
Monthly over 25 years at 3.7%
AED 18,534

Plus AED 195,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →