3907, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in November 2021, 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 3907, The Address Residence Sky View 2
What is 3907 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 39th of 51
- Parking
- B3-83
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.2M · November 2021
- Building
- The Address Residence Sky View 2
About 3907, The Address Residence Sky View 2
3907 is a one-bedroom hotel apartment of 1,051 sqft on the 39th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 30 November 2021 for AED 2,200,000, or AED 2,092 per sqft, in line with the AED 2,092 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 29 September 2024, is AED 245,000 a year: a gross yield of 11.1% on the 2021 price.
Sales and rents for 3907 over time
3907 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 3907 sits
All 26 1-beds →3907 last sold in November 2021 at AED 2,092 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,092).
| 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 39th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3901 | 2-bed | 1,542 sqft | AED 3.65MAED 3,649,888 · Dec 2013December 2013 | 300,000 /yr | |
| 3902 | 3-bed | 2,021 sqft | AED 5.46MAED 5,458,888 · Dec 2013December 2013 | 525,000 /yr | |
| 3903 | 2-bed | 1,699 sqft | AED 4.44MAED 4,438,888 · Dec 2013December 2013 | 430,000 /yr | |
| 3904 | 3-bed | 2,438 sqft | AED 6.08MAED 6,081,888 · Jan 2014January 2014 | 550,000 /yr | |
| 3905 | 2-bed | 1,700 sqft | AED 4.6MAED 4,600,000 · Dec 2021December 2021 | 390,000 /yr | |
| 3906 | 3-bed | 2,021 sqft | AED 8.5MAED 8,500,000 · Jun 2023June 2023 |
3907, The Address Residence Sky View 2 in numbers
- Sold twice: first on 8 December 2015 for AED 2,719,888, last on 30 November 2021 for AED 2,200,000 (AED 2,092 per sqft).
- Rented since July 2020 on 5 Ejari contracts, from AED 130,000 to AED 245,000 a year.
- At AED 245,000 a year the gross yield on the 2021 price is 11.1%.
Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2024.
Questions about 3907, The Address Residence Sky View 2
What did unit 3907 last sell for?
AED 2,200,000 on 30 November 2021: AED 2,092 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 2,719,888 in December 2015.
What is the rent for unit 3907?
AED 245,000 a year on the contract signed on 29 September 2024. The previous contract, from September 2023, was AED 240,000; the unit has been rented since July 2020.
How big is unit 3907?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 39th floor of a 51-storey tower completed in 2019.
What is unit 3907 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 3907, The Address Residence Sky View 2
Starts from the last sale price (AED 2.2M, 30 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →