2907, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2907, The Address Residence Sky View 1
What is 2907 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,543 sqft
- Floor
- 29th of 58
- Parking
- B3-25
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.54M · December 2013
- Building
- The Address Residence Sky View 1
About 2907, The Address Residence Sky View 1
2907 is a two-bedroom hotel apartment of 1,543 sqft on the 29th 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 3,540,888, or AED 2,294 per sqft, 8% below the AED 2,497 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 340,000 a year: a gross yield of 9.6% on the 2013 price.
Sales and rents for 2907 over time
2907 has sold once; the dashed line is the two-bed median of each year in the building.
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 2907 sits
All 153 2-beds →2907 last sold in December 2013 at AED 2,294 per sqft, 8% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,497). 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. 2907's AED 340,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,518 sqft | 5,500,000 | 3,622 | ||
| 9 Feb 20269 February 2026 | 1,699 sqft | 7,620,000 | 4,484 | ||
| 22 Jan 202622 January 2026 | 1,519 sqft | 5,700,000 | 3,752 | ||
| 22 Jan 202622 January 2026 | 1,699 sqft | 6,850,000 | 4,032 |
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 29th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,329 sqft | AED 3.14MAED 3,138,888 · Dec 2013December 2013 | 300,000 /yr | |
| 2902 | 808 sqft | AED 4.5MAED 4,500,000 · Dec 2020December 2020 | |||
| 2903 | 2-bed | 1,699 sqft | AED 3.65MAED 3,650,000 · Feb 2021February 2021 | 445,000 /yr | |
| 2904 | 3-bed | 2,427 sqft | AED 6.55MAED 6,550,000 · May 2022May 2022 | ||
| 2905 | 2-bed | 1,699 sqft | AED 5.5MAED 5,500,000 · Feb 2023February 2023 | 370,000 /yr | |
| 2906 | 2,019 sqft | AED 8.35MAED 8,350,000 · Sep 2025September 2025 | 400,000 /yr |
2907, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 2 December 2013 for AED 3,540,888, or AED 2,294 per sqft.
- Rented since November 2020 on 4 Ejari contracts, from AED 160,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2013 price is 9.6%.
- 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 1 June 2025.
Questions about 2907, The Address Residence Sky View 1
What did unit 2907 last sell for?
AED 3,540,888 on 2 December 2013, sold by the developer: AED 2,294 per sqft for 1,543 sqft. It is the only registered sale of the unit.
What is the rent for unit 2907?
AED 340,000 a year on the contract renewed on 1 June 2025. The previous contract, from November 2022, was AED 340,000; the unit has been rented since November 2020.
How big is unit 2907?
1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 29th floor of a 58-storey tower completed in 2019.
What is unit 2907 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 2907, The Address Residence Sky View 1
Starts from the last sale price (AED 3.54M, 2 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,540,888
- Deposit, UAE resident (20%)
- AED 708,178
- Deposit, non-resident (40%)
- AED 1,416,355
- Monthly over 25 years at 3.7%
- AED 14,487
Plus AED 153,728 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →