2307, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in December 2014, 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 2307, The Address Residence Sky View 2
What is 2307 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 23rd of 51
- Parking
- B3-80
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.66M · December 2014
- Building
- The Address Residence Sky View 2
About 2307, The Address Residence Sky View 2
2307 is a one-bedroom hotel apartment of 1,051 sqft on the 23rd 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 31 December 2014 for AED 2,664,888, or AED 2,534 per sqft, in line with the AED 2,573 one-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 15 September 2024, is AED 200,000 a year: a gross yield of 7.5% on the 2014 price.
Sales and rents for 2307 over time
2307 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 2307 sits
All 26 1-beds →2307 last sold in December 2014 at AED 2,534 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,573).
| 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 23rd floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,542 sqft | AED 4.85MAED 4,850,000 · Apr 2024April 2024 | 295,000 /yr | |
| 2302 | 3-bed | 2,021 sqft | AED 6.85MAED 6,850,000 · Jul 2022July 2022 | 400,000 /yr | |
| 2303 | 2-bed | 1,699 sqft | AED 4.86MAED 4,858,888 · Mar 2015March 2015 | ||
| 2304 | 3-bed | 2,438 sqft | AED 6.3MAED 6,300,000 · May 2021May 2021 | ||
| 2305 | 2-bed | 1,700 sqft | AED 6.75MAED 6,750,000 · Jun 2024June 2024 | 390,000 /yr | |
| 2306 | 3-bed | 1,999 sqft | AED 5.97MAED 5,967,888 · Jun 2015June 2015 | 545,000 /yr |
2307, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 31 December 2014 for AED 2,664,888, or AED 2,534 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 122,500 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2014 price is 7.5%.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.
Questions about 2307, The Address Residence Sky View 2
What did unit 2307 last sell for?
AED 2,664,888 on 31 December 2014, sold by the developer: AED 2,534 per sqft for 1,051 sqft. It is the only registered sale of the unit.
What is the rent for unit 2307?
AED 200,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 190,000; the unit has been rented since August 2020.
How big is unit 2307?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 23rd floor of a 51-storey tower completed in 2019.
What is unit 2307 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 2307, The Address Residence Sky View 2
Starts from the last sale price (AED 2.66M, 31 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,664,888
- Deposit, UAE resident (20%)
- AED 532,978
- Deposit, non-resident (40%)
- AED 1,065,955
- Monthly over 25 years at 3.7%
- AED 10,903
Plus AED 116,936 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →