3107, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in November 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 3107, The Address Residence Sky View 2
What is 3107 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 31st of 51
- Parking
- B1-230
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.95M · November 2022
- Building
- The Address Residence Sky View 2
About 3107, The Address Residence Sky View 2
3107 is a one-bedroom hotel apartment of 1,051 sqft on the 31st floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 November 2022 for AED 2,950,000, or AED 2,805 per sqft, 11% above the AED 2,520 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 6 March 2024, is AED 240,000 a year: a gross yield of 8.1% on the 2022 price.
Sales and rents for 3107 over time
3107 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 3107 sits
All 26 1-beds →3107 last sold in November 2022 at AED 2,805 per sqft, 11% above what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,520).
| 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 31st floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | 2-bed | 1,542 sqft | AED 5.1MAED 5,100,000 · Nov 2024November 2024 | 320,000 /yr | |
| 3102 | 3-bed | 2,000 sqft | AED 5.59MAED 5,594,044 · Apr 2015April 2015 | 570,000 /yr | |
| 3103 | 2-bed | 1,699 sqft | AED 5MAED 5,000,000 · Mar 2022March 2022 | 430,000 /yr | |
| 3104 | 3-bed | 2,438 sqft | AED 5.75MAED 5,746,000 · Nov 2022November 2022 | 400,000 /yr | |
| 3105 | 2-bed | 1,700 sqft | AED 6.2MAED 6,200,000 · Feb 2023February 2023 | 262,182 /yr | |
| 3106 | 3-bed | 2,021 sqft | AED 6.2MAED 6,200,000 · Mar 2022March 2022 |
3107, The Address Residence Sky View 2 in numbers
- Sold twice: first on 3 December 2013 for AED 2,386,888, last on 14 November 2022 for AED 2,950,000 (AED 2,805 per sqft).
- Rented since June 2020 on 5 Ejari contracts, from AED 110,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2022 price is 8.1%.
Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2024.
Questions about 3107, The Address Residence Sky View 2
What did unit 3107 last sell for?
AED 2,950,000 on 14 November 2022: AED 2,805 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 2,386,888 in December 2013.
What is the rent for unit 3107?
AED 240,000 a year on the contract renewed on 6 March 2024. The previous contract, from May 2023, was AED 240,000; the unit has been rented since June 2020.
How big is unit 3107?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 31st floor of a 51-storey tower completed in 2019.
What is unit 3107 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 3107? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 3107, The Address Residence Sky View 2
Starts from the last sale price (AED 2.95M, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →