2704, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2704, The Address Residence Sky View 1
What is 2704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,427 sqft
- Floor
- 27th of 58
- Parking
- B3-416, B3-472, B3-473
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.85M · December 2013
- Building
- The Address Residence Sky View 1
About 2704, The Address Residence Sky View 1
2704 is a three-bedroom hotel apartment of 2,427 sqft on the 27th 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 5,850,888, or AED 2,410 per sqft, 6% below the AED 2,557 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 August 2024, is AED 550,000 a year: a gross yield of 9.4% on the 2013 price.
Sales and rents for 2704 over time
2704 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 2704 sits
All 107 3-beds →2704 last sold in December 2013 at AED 2,410 per sqft, 6% below 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. 2704's AED 550,000 is at the bottom 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 27th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,329 sqft | AED 4.5MAED 4,500,000 · Jun 2025June 2025 | 220,500 /yr | |
| 2702 | 3-bed | 1,998 sqft | AED 5.26MAED 5,255,888 · Feb 2017February 2017 | ||
| 2703 | 2-bed | 1,699 sqft | AED 6.3MAED 6,300,000 · Sep 2023September 2023 | 300,000 /yr | |
| 2705 | 2-bed | 1,699 sqft | AED 7.9MAED 7,900,000 · Oct 2024October 2024 | 300,000 /yr | |
| 2706 | 3-bed | 2,019 sqft | AED 5.26MAED 5,255,888 · Dec 2013December 2013 | 560,000 /yr | |
| 2707 | 2-bed | 772 sqft | AED 3.53MAED 3,528,888 · Oct 2013October 2013 |
2704, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 2 December 2013 for AED 5,850,888, or AED 2,410 per sqft.
- Rented since November 2020 on 3 Ejari contracts, from AED 260,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2013 price is 9.4%.
- 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 20 August 2024.
Questions about 2704, The Address Residence Sky View 1
What did unit 2704 last sell for?
AED 5,850,888 on 2 December 2013, sold by the developer: AED 2,410 per sqft for 2,427 sqft. It is the only registered sale of the unit.
What is the rent for unit 2704?
AED 550,000 a year on the contract signed on 20 August 2024. The previous contract, from September 2023, was AED 565,000; the unit has been rented since November 2020.
How big is unit 2704?
2,427 sqft (225.5 sqm): a three-bedroom hotel apartment on the 27th floor of a 58-storey tower completed in 2019.
What is unit 2704 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 2704, The Address Residence Sky View 1
Starts from the last sale price (AED 5.85M, 2 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 5,850,888
- Deposit, UAE resident (20%)
- AED 1,170,178
- Deposit, non-resident (40%)
- AED 2,340,355
- Monthly over 25 years at 3.7%
- AED 23,938
Plus AED 250,748 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →