2703, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, The Address Residence Sky View 1
What is 2703 worth today?
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Source: Dubai Land Department. Updated 8 September 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 27th of 58
- Parking
- B3-33
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.3M · September 2023
- Building
- The Address Residence Sky View 1
About 2703, The Address Residence Sky View 1
2703 is a two-bedroom hotel apartment of 1,699 sqft on the 27th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 September 2023 for AED 6,300,000, or AED 3,707 per sqft, 23% above the AED 3,009 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 6 July 2022, is AED 300,000 a year: a gross yield of 4.8% on the 2023 price.
Sales and rents for 2703 over time
2703 has sold twice; 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 2703 sits
All 159 2-beds →2703 last sold in September 2023 at AED 3,707 per sqft, 23% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,009). 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. 2703's AED 300,000 is in the lower 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 27th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,329 sqft | AED 4.5MAED 4,500,000 · Jun 2025June 2025 | 220,500 /yr | |
| 2702 | 3-bed | 1,998 sqft | AED 5.26MAED 5,255,888 · Feb 2017February 2017 | ||
| 2704 | 3-bed | 2,427 sqft | AED 5.85MAED 5,850,888 · Dec 2013December 2013 | 550,000 /yr | |
| 2705 | 2-bed | 1,699 sqft | AED 7.9MAED 7,900,000 · Oct 2024October 2024 | 300,000 /yr | |
| 2706 | 3-bed | 2,019 sqft | AED 5.26MAED 5,255,888 · Dec 2013December 2013 | 560,000 /yr | |
| 2707 | 2-bed | 772 sqft | AED 3.53MAED 3,528,888 · Oct 2013October 2013 |
2703, The Address Residence Sky View 1 in numbers
- Sold twice: first on 1 December 2013 for AED 4,305,888, last on 8 September 2023 for AED 6,300,000 (AED 3,707 per sqft).
- Rented since September 2020 on 3 Ejari contracts, from AED 170,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2023 price is 4.8%.
- 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 8 September 2023.
Questions about 2703, The Address Residence Sky View 1
What did unit 2703 last sell for?
AED 6,300,000 on 8 September 2023: AED 3,707 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,305,888 in December 2013.
What is the rent for unit 2703?
AED 300,000 a year on the contract signed on 6 July 2022. The previous contract, from June 2021, was AED 265,000; the unit has been rented since September 2020.
How big is unit 2703?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 27th floor of a 58-storey tower completed in 2019.
What is unit 2703 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 2703, The Address Residence Sky View 1
Starts from the last sale price (AED 6.3M, 8 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,300,000
- Deposit, UAE resident (20%)
- AED 1,260,000
- Deposit, non-resident (40%)
- AED 2,520,000
- Monthly over 25 years at 3.7%
- AED 25,775
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →