2007, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in October 2022, 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 2007, The Address Residence Sky View 2
What is 2007 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 20th of 51
- Parking
- B3-78
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.4M · October 2022
- Building
- The Address Residence Sky View 2
About 2007, The Address Residence Sky View 2
2007 is a one-bedroom hotel apartment of 1,051 sqft on the 20th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 27 October 2022 for AED 3,400,000, or AED 3,233 per sqft, 40% above the AED 2,306 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 November 2024, is AED 270,000 a year: a gross yield of 7.9% on the 2022 price.
Sales and rents for 2007 over time
2007 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Address Residence Sky View 2, and where 2007 sits
All 26 1-beds →2007 last sold in October 2022 at AED 3,233 per sqft, 40% above what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,306).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202428 October 2024 | 1,051 sqft | 3,800,000 | 3,614 | ||
| 28 Aug 202428 August 2024 | 1,051 sqft | 3,700,000 | 3,519 | ||
| 19 Jun 202319 June 2023 | 1,051 sqft | 3,100,000 | 2,948 | ||
| 8 May 20238 May 2023 | 1,051 sqft | 3,250,000 | 3,091 |
The Address Residence Sky View 2
Building216 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%
Other units on the 20th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,542 sqft | AED 5MAED 5,000,000 · Oct 2024October 2024 | ||
| 2002 | 3-bed | 2,021 sqft | AED 5.27MAED 5,268,888 · Nov 2013November 2013 | ||
| 2003 | 2-bed | 1,699 sqft | AED 7.2MAED 7,200,000 · Mar 2024March 2024 | 365,000 /yr | |
| 2004 | 3-bed | 2,438 sqft | AED 8.8MAED 8,800,000 · May 2023May 2023 | 550,000 /yr | |
| 2005 | 2-bed | 1,700 sqft | AED 4.72MAED 4,715,577 · Jan 2014January 2014 | 385,000 /yr | |
| 2006 | 3-bed | 2,021 sqft | AED 5.9MAED 5,900,000 · Jan 2022January 2022 | 460,000 /yr |
2007, The Address Residence Sky View 2 in numbers
- Sold twice: first on 11 March 2015 for AED 2,654,888, last on 27 October 2022 for AED 3,400,000 (AED 3,233 per sqft).
- Rented since October 2020 on 6 Ejari contracts, from AED 120,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2022 price is 7.9%.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Questions about 2007, The Address Residence Sky View 2
What did unit 2007 last sell for?
AED 3,400,000 on 27 October 2022: AED 3,233 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 2,654,888 in March 2015.
What is the rent for unit 2007?
AED 270,000 a year on the contract signed on 1 November 2024. The previous contract, from May 2024, was AED 250,000; the unit has been rented since October 2020.
How big is unit 2007?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 20th floor of a 51-storey tower completed in 2019.
What is unit 2007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2007, The Address Residence Sky View 2
Starts from the last sale price (AED 3.4M, 27 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →