"If You Wear That Velvet Dress" features a mellow, dark atmosphere. Marius De Vries played keyboards on this track, contributing to the ambient feel. Mullen uses brush stroke style drums for the most part. When news first broke of U2's work in the studio, it was reported the band were recording a trip hop album; writer Niall Stokes believes that "The Playboy Mansion" comes close to the assertion due to Hooper's heavy hand. Flood stated that Hooper "started things off" but did not finish the track due to his time constraints. Bono reworked this song as a lounge-jazz piece for the 2002 Jools Holland album "Small World Big Band Volume Two".