1007, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in November 2013, 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 1007, The Address Residence Sky View 1
What is 1007 worth today?
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Source: Dubai Land Department. Updated 6 August 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,518 sqft
- Floor
- 10th of 58
- Parking
- B3-237
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.79M · November 2013
- Building
- The Address Residence Sky View 1
About 1007, The Address Residence Sky View 1
1007 is a two-bedroom hotel apartment of 1,518 sqft on the 10th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 28 November 2013 for AED 3,794,888, or AED 2,499 per sqft, in line with the AED 2,506 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 6 August 2026, is AED 350,000 a year: a gross yield of 9.2% on the 2013 price.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residence Sky View 1, and where 1007 sits
All 159 2-beds →1007 last sold in November 2013 at AED 2,499 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,506). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year. 1007's AED 350,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
The Address Residence Sky View 1
Building326 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 30 sold in the last 12 months.
- Typical price per sqft
- AED 3,825 Level
- Typical sale
- AED 6.5M
- Typical rent
- AED 300K /yr
- Typical yield
- 5.4%
Other units on the 10th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,851 sqft | AED 5.5MAED 5,500,000 · Oct 2023October 2023 | 450,000 /yr | |
| 1003 | 2-bed | 1,519 sqft | AED 4.41MAED 4,406,888 · Jun 2020June 2020 | ||
| 1004 | 2-bed | 1,699 sqft | AED 4.33MAED 4,333,233 · Aug 2014August 2014 | 400,000 /yr | |
| 1005 | 3-bed | 2,428 sqft | AED 6.11MAED 6,107,077 · Feb 2014February 2014 | 470,000 /yr | |
| 1006 | 2-bed | 1,699 sqft | AED 4.55MAED 4,550,000 · Oct 2022October 2022 | 375,000 /yr | |
| 1008 | 1-bed | 872 sqft | AED 3.1MAED 3,100,000 · Jun 2024June 2024 | ||
| 1009 | 1-bed | 1,157 sqft | AED 3.75MAED 3,750,000 · Oct 2025October 2025 | 240,000 /yr |
1007, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 28 November 2013 for AED 3,794,888, or AED 2,499 per sqft.
- Rented since July 2020 on 6 Ejari contracts, from AED 150,000 to AED 350,000 a year.
- At AED 350,000 a year the gross yield on the 2013 price is 9.2%.
- Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 in the 12 months to November 2026; the building's median across all types is AED 3,825 per sqft.
Source: Dubai Land Department. Updated 6 August 2026.
Questions about 1007, The Address Residence Sky View 1
What did unit 1007 last sell for?
AED 3,794,888 on 28 November 2013, sold by the developer: AED 2,499 per sqft for 1,518 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 350,000 a year on the contract signed on 6 August 2026. The previous contract, from August 2025, was AED 350,000; the unit has been rented since July 2020.
How big is unit 1007?
1,518 sqft (141.0 sqm): a two-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.
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Mortgage on 1007, The Address Residence Sky View 1
Starts from the last sale price (AED 3.79M, 28 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,794,888
- Deposit, UAE resident (20%)
- AED 758,978
- Deposit, non-resident (40%)
- AED 1,517,955
- Monthly over 25 years at 3.7%
- AED 15,526
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →