2-bed · 1,543 sqftThe Address Residence Sky View 1, Downtown Dubai · 31st floor · completed 2019

3107, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3107 · DLD and Ejari recordsUpdated 17 January 2025
Last soldAED 3.8M1 August 2022
Current rentAED 320K /yr17 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3107, The Address Residence Sky View 1

What is 3107 worth today?

Last sold for AED 3,800,000 in 2022

Unlock today's estimate, updated daily, with

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

17 Jan 2025RentedNew contract
AED 320,000/yr12 months · AED 207 per sqft
17 Jan 2025RentedNew contract
AED 320,000/yr12 months · AED 207 per sqft
11 Oct 2023RentedNew contract
AED 300,000/yr12 months · AED 194 per sqft
26 Aug 2022RentedNew contract
AED 300,000/yr10 months · AED 194 per sqft
1 Aug 2022SoldReady
AED 3,800,000AED 2,462 per sqft
4 Apr 2021SoldReady
AED 2,900,000AED 1,878 per sqft
4 Dec 2013Sold by developerOff-plan
AED 3,552,888AED 2,301 per sqft

Source: Dubai Land Department. Updated 17 January 2025.

Key facts

Type
2-bed hotel apartment
Size
1,543 sqft
Floor
31st of 58
Parking
B3-148
Developer
Emaar
Completed
2019
Last sold
AED 3.8M · August 2022

About 3107, The Address Residence Sky View 1

3107 is a two-bedroom hotel apartment of 1,543 sqft on the 31st floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 1 August 2022 for AED 3,800,000, or AED 2,462 per sqft, 4% below the AED 2,567 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 17 January 2025, is AED 320,000 a year: a gross yield of 8.4% on the 2022 price.

Sales and rents for 3107 over time

Sales
Unit 3107, 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 3,552,888 (AED 2,301 per sqft)Sold, April 2021: AED 2,900,000 (AED 1,878 per sqft)Sold, August 2022: AED 3,800,000 (AED 2,462 per sqft)

3107 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3107, 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, August 2022: AED 300,000 a yearNew contract, October 2023: AED 300,000 a yearNew contract, January 2025: AED 320,000 a yearNew contract, January 2025: AED 320,000 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 3107 sits

All 159 2-beds →

3107 last sold in August 2022 at AED 2,462 per sqft, 4% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,567). 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. 3107's AED 320,000 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
31012-bedAED 3M · Jul 2021
31023-bedAED 4.77M · Mar 2017
31032-bedAED 3.75M · Mar 2020
31043-bedAED 3.35M · Feb 2022
31052-bedAED 6.85M · Jan 2026
31063-bedAED 5.61M · Dec 2015

3107, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 4 December 2013 for AED 3,552,888, last on 1 August 2022 for AED 3,800,000 (AED 2,462 per sqft).
  • Rented since August 2022 on 4 Ejari contracts, from AED 300,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2022 price is 8.4%.
  • 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 17 January 2025.

Questions about 3107, The Address Residence Sky View 1

What did unit 3107 last sell for?

AED 3,800,000 on 1 August 2022: AED 2,462 per sqft for 1,543 sqft. The unit has 3 registered sales; the first was AED 3,552,888 in December 2013.

What is the rent for unit 3107?

AED 320,000 a year on the contract signed on 17 January 2025. The previous contract, from January 2025, was AED 320,000; the unit has been rented since August 2022.

How big is unit 3107?

1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 31st floor of a 58-storey tower completed in 2019.

What is unit 3107 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 3107? 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 3107, The Address Residence Sky View 1

Starts from the last sale price (AED 3.8M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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