2207, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in May 2015, 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 2207, The Address Residence Sky View 2
What is 2207 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 May 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 22nd of 51
- Parking
- B3-79
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.66M · May 2015
- Building
- The Address Residence Sky View 2
About 2207, The Address Residence Sky View 2
2207 is a one-bedroom hotel apartment of 1,051 sqft on the 22nd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 27 May 2015 for AED 2,661,888, or AED 2,531 per sqft, in line with the AED 2,554 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 26 May 2024, is AED 250,000 a year: a gross yield of 9.4% on the 2015 price.
Sales and rents for 2207 over time
2207 has sold once; 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 2207 sits
All 26 1-beds →2207 last sold in May 2015 at AED 2,531 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,554).
| 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 22nd floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,542 sqft | AED 3.9MAED 3,900,000 · Dec 2022December 2022 | 320,000 /yr | |
| 2202 | 3-bed | 2,021 sqft | AED 5.29MAED 5,288,888 · Dec 2013December 2013 | ||
| 2203 | 2-bed | 1,699 sqft | AED 4.75MAED 4,750,000 · May 2022May 2022 | 380,000 /yr | |
| 2204 | 3-bed | 2,438 sqft | AED 10.9MAED 10,900,000 · Jan 2025January 2025 | 520,000 /yr | |
| 2205 | 2-bed | 1,700 sqft | AED 7.5MAED 7,500,000 · Oct 2024October 2024 | 350,000 /yr | |
| 2206 | 3-bed | 2,021 sqft | AED 5.29MAED 5,287,888 · Dec 2013December 2013 |
2207, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 27 May 2015 for AED 2,661,888, or AED 2,531 per sqft.
- Rented since April 2020 on 5 Ejari contracts, from AED 160,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2015 price is 9.4%.
Source: YallaValue analysis of Dubai Land Department records. Updated 26 May 2024.
Questions about 2207, The Address Residence Sky View 2
What did unit 2207 last sell for?
AED 2,661,888 on 27 May 2015, sold by the developer: AED 2,531 per sqft for 1,051 sqft. It is the only registered sale of the unit.
What is the rent for unit 2207?
AED 250,000 a year on the contract signed on 26 May 2024. The previous contract, from May 2023, was AED 245,000; the unit has been rented since April 2020.
How big is unit 2207?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 22nd floor of a 51-storey tower completed in 2019.
What is unit 2207 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 2207, The Address Residence Sky View 2
Starts from the last sale price (AED 2.66M, 27 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,661,888
- Deposit, UAE resident (20%)
- AED 532,378
- Deposit, non-resident (40%)
- AED 1,064,755
- Monthly over 25 years at 3.7%
- AED 10,891
Plus AED 116,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →