3707, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in February 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3707, The Address Residence Sky View 2
What is 3707 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 37th of 51
- Parking
- B1-43
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.27M · February 2023
- Building
- The Address Residence Sky View 2
About 3707, The Address Residence Sky View 2
3707 is a one-bedroom hotel apartment of 1,051 sqft on the 37th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 23 February 2023 for AED 3,265,000, or AED 3,105 per sqft, in line with the AED 3,043 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 23 December 2023, is AED 240,000 a year: a gross yield of 7.3% on the 2023 price.
Sales and rents for 3707 over time
3707 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 3707 sits
All 26 1-beds →3707 last sold in February 2023 at AED 3,105 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,043).
| 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 37th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 2-bed | 1,542 sqft | AED 4.53MAED 4,530,000 · May 2023May 2023 | 320,000 /yr | |
| 3702 | 3-bed | 2,021 sqft | AED 5.44MAED 5,438,888 · Dec 2013December 2013 | ||
| 3703 | 2-bed | 1,699 sqft | AED 4.42MAED 4,422,888 · Nov 2013November 2013 | 470,000 /yr | |
| 3704 | 3-bed | 2,438 sqft | AED 6.67MAED 6,668,077 · Jan 2014January 2014 | 530,000 /yr | |
| 3705 | 2-bed | 1,700 sqft | AED 6.1MAED 6,100,000 · Dec 2022December 2022 | ||
| 3706 | 3-bed | 2,021 sqft | AED 7.17MAED 7,170,000 · Feb 2023February 2023 | 500,000 /yr |
3707, The Address Residence Sky View 2 in numbers
- Sold twice: first on 6 September 2015 for AED 2,712,888, last on 23 February 2023 for AED 3,265,000 (AED 3,105 per sqft).
- Rented since March 2022 on 2 Ejari contracts, from AED 210,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2023 price is 7.3%.
Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2023.
Questions about 3707, The Address Residence Sky View 2
What did unit 3707 last sell for?
AED 3,265,000 on 23 February 2023: AED 3,105 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 2,712,888 in September 2015.
What is the rent for unit 3707?
AED 240,000 a year on the contract signed on 23 December 2023. The previous contract, from March 2022, was AED 210,000.
How big is unit 3707?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 37th floor of a 51-storey tower completed in 2019.
What is unit 3707 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 3707, The Address Residence Sky View 2
Starts from the last sale price (AED 3.27M, 23 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,265,000
- Deposit, UAE resident (20%)
- AED 653,000
- Deposit, non-resident (40%)
- AED 1,306,000
- Monthly over 25 years at 3.7%
- AED 13,358
Plus AED 142,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →