2-bed · 1,543 sqftThe Address Residence Sky View 1, Downtown Dubai · 30th floor · completed 2019

3007, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3007 · DLD and Ejari recordsUpdated 27 March 2026
Last soldAED 3.9M8 June 2014
Current rentAED 335K /yr27 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3007, The Address Residence Sky View 1

What is 3007 worth today?

Last sold for AED 3,900,000 in 2014

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27 Mar 2026RentedNew contract
AED 335,000/yr12 months · AED 218 per sqft
6 Dec 2025RentedNew contract
AED 300,000/yr12 months · AED 195 per sqft
6 Dec 2025RentedNew contract
AED 300,000/yr12 months · AED 195 per sqft
25 Mar 2025RentedNew contract
AED 280,000/yr12 months · AED 182 per sqft
25 Mar 2025RentedNew contract
AED 280,000/yr12 months · AED 182 per sqft
3 Dec 2023RentedRenewal
AED 339,000/yr12 months · AED 220 per sqft
3 Dec 2022RentedNew contract
AED 339,000/yr12 months · AED 220 per sqft
23 Dec 2021RentedNew contract
AED 300,000/yr12 months · AED 195 per sqft

Source: Dubai Land Department. Updated 27 March 2026.

Key facts

Type
2-bed hotel apartment
Size
1,543 sqft
Floor
30th of 58
Parking
B3-23
Developer
Emaar
Completed
2019
Last sold
AED 3.9M · June 2014

About 3007, The Address Residence Sky View 1

3007 is a two-bedroom hotel apartment of 1,543 sqft on the 30th 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 June 2014 for AED 3,900,000, or AED 2,526 per sqft, in line with the AED 2,471 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, signed on 27 March 2026, is AED 335,000 a year: a gross yield of 8.6% on the 2014 price.

Sales and rents for 3007 over time

Sales
Unit 3007, 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, August 2013: AED 3,546,888 (AED 2,298 per sqft)Sold, June 2014: AED 3,900,000 (AED 2,526 per sqft)

3007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3007, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical 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, June 2020: AED 139,000 a yearNew contract, December 2021: AED 300,000 a yearNew contract, December 2022: AED 339,000 a yearRenewal, December 2023: AED 339,000 a yearNew contract, March 2025: AED 280,000 a yearNew contract, March 2025: AED 280,000 a yearNew contract, December 2025: AED 300,000 a yearNew contract, December 2025: AED 300,000 a yearNew contract, March 2026: AED 335,000 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 3007 sits

All 159 2-beds →

3007 last sold in June 2014 at AED 2,526 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,471). 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. 3007's AED 335,000 is in the upper 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
30012-bedAED 4.8M · Dec 2024
30023-bedAED 5.55M · Nov 2014
30032-bedAED 6.5M · Jan 2025
30043-bedAED 3.73M · Jan 2023
30052-bedAED 6.6M · Jul 2024
30063-bedAED 5.29M · Feb 2015

3007, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 22 August 2013 for AED 3,546,888, last on 8 June 2014 for AED 3,900,000 (AED 2,526 per sqft).
  • Rented since June 2020 on 9 Ejari contracts, from AED 139,000 to AED 335,000 a year.
  • At AED 335,000 a year the gross yield on the 2014 price is 8.6%.
  • 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 27 March 2026.

Questions about 3007, The Address Residence Sky View 1

What did unit 3007 last sell for?

AED 3,900,000 on 8 June 2014: AED 2,526 per sqft for 1,543 sqft. The unit has 2 registered sales; the first was AED 3,546,888 in August 2013.

What is the rent for unit 3007?

AED 335,000 a year on the contract signed on 27 March 2026. The previous contract, from December 2025, was AED 300,000; the unit has been rented since June 2020.

How big is unit 3007?

1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 30th floor of a 58-storey tower completed in 2019.

What is unit 3007 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 3007, The Address Residence Sky View 1

Starts from the last sale price (AED 3.9M, 8 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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