2-bed · 1,543 sqftThe Address Residence Sky View 1, Downtown Dubai · 28th floor · completed 2019

2807, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2807 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 4.5M31 May 2023
Current rentAED 290K /yr4 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2807, The Address Residence Sky View 1

What is 2807 worth today?

Last sold for AED 4,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Nov 2024RentedRenewal
AED 290,000/yr12 months · AED 188 per sqft
4 Nov 2024RentedNew contract
AED 290,000/yr12 months · AED 188 per sqft
5 Nov 2023RentedNew contract
AED 290,000/yr12 months · AED 188 per sqft
31 May 2023SoldReady
AED 4,500,000AED 2,915 per sqft
3 Apr 2014SoldOff-plan
AED 3,711,633AED 2,404 per sqft
2 Dec 2013Sold by developerOff-plan
AED 3,534,888AED 2,290 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,543 sqft
Floor
28th of 58
Parking
B3-243
Developer
Emaar
Completed
2019
Last sold
AED 4.5M · May 2023

About 2807, The Address Residence Sky View 1

2807 is a two-bedroom hotel apartment of 1,543 sqft on the 28th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 31 May 2023 for AED 4,500,000, or AED 2,915 per sqft, in line with the AED 2,943 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 4 November 2024, is AED 290,000 a year: a gross yield of 6.4% on the 2023 price.

Sales and rents for 2807 over time

Sales
Unit 2807, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, December 2013: AED 3,534,888 (AED 2,290 per sqft)Sold, April 2014: AED 3,711,633 (AED 2,404 per sqft)Sold, May 2023: AED 4,500,000 (AED 2,915 per sqft)

2807 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2807, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000New contract, November 2023: AED 290,000 a yearRenewal, November 2024: AED 290,000 a yearNew contract, November 2024: AED 290,000 a year

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 2807 sits

All 159 2-beds →

2807 last sold in May 2023 at AED 2,915 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,943). 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. 2807's AED 290,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-bed sales in the last 12 months

The Address Residence Sky View 1

Building

326 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%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
28012-bedAED 5M · Oct 2025
28023-bedAED 6M · Oct 2021
28032-bedAED 5M · Oct 2022
28043-bedAED 8M · Mar 2024
28052-bedAED 7.9M · Oct 2024
28063-bedAED 4.5M · Oct 2020

2807, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 3,534,888, last on 31 May 2023 for AED 4,500,000 (AED 2,915 per sqft).
  • Rented since November 2023 on 3 Ejari contracts, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2023 price is 6.4%.
  • 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 4 November 2024.

Questions about 2807, The Address Residence Sky View 1

What did unit 2807 last sell for?

AED 4,500,000 on 31 May 2023: AED 2,915 per sqft for 1,543 sqft. The unit has 3 registered sales; the first was AED 3,534,888 in December 2013.

What is the rent for unit 2807?

AED 290,000 a year on the contract renewed on 4 November 2024. The previous contract, from November 2024, was AED 290,000; the unit has been rented since November 2023.

How big is unit 2807?

1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 28th floor of a 58-storey tower completed in 2019.

What is unit 2807 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.

Selling 2807? 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.

How OpenOffers works

Mortgage on 2807, The Address Residence Sky View 1

Starts from the last sale price (AED 4.5M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →