3307, The Address Residence Sky View 1
Sold prices and rental history: sold 6 times, last in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3307, The Address Residence Sky View 1
What is 3307 worth today?
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Source: Dubai Land Department. Updated 11 September 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,543 sqft
- Floor
- 33rd of 58
- Parking
- B3-21
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.6M · November 2022
- Building
- The Address Residence Sky View 1
About 3307, The Address Residence Sky View 1
3307 is a two-bedroom hotel apartment of 1,543 sqft on the 33rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 3 November 2022 for AED 4,600,000, or AED 2,980 per sqft, 12% above the AED 2,663 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 11 September 2024, is AED 310,000 a year: a gross yield of 6.7% on the 2022 price.
Sales and rents for 3307 over time
3307 has sold 6 times; 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 3307 sits
All 159 2-beds →3307 last sold in November 2022 at AED 2,980 per sqft, 12% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,663). 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. 3307's AED 310,000 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 33rd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | 2-bed | 1,329 sqft | AED 3.56MAED 3,564,888 · Jun 2016June 2016 | ||
| 3302 | 3-bed | 2,020 sqft | AED 8MAED 8,000,000 · Oct 2023October 2023 | 580,000 /yr | |
| 3303 | 2-bed | 1,699 sqft | AED 7.1MAED 7,100,000 · Nov 2023November 2023 | 250,000 /yr | |
| 3304 | 3-bed | 2,427 sqft | AED 5.88MAED 5,875,000 · Apr 2021April 2021 | ||
| 3305 | 2-bed | 1,647 sqft | AED 4.62MAED 4,621,888 · Nov 2016November 2016 | ||
| 3306 | 3-bed | 2,019 sqft | AED 5.15MAED 5,150,000 · Apr 2021April 2021 | 70,000 /yr |
3307, The Address Residence Sky View 1 in numbers
- Sold 6 times: first on 3 December 2013 for AED 3,564,888, last on 3 November 2022 for AED 4,600,000 (AED 2,980 per sqft).
- Rented since February 2023 on 2 Ejari contracts, from AED 365,000 to AED 310,000 a year.
- At AED 310,000 a year the gross yield on the 2022 price is 6.7%.
- 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 11 September 2024.
Questions about 3307, The Address Residence Sky View 1
What did unit 3307 last sell for?
AED 4,600,000 on 3 November 2022: AED 2,980 per sqft for 1,543 sqft. The unit has 6 registered sales; the first was AED 3,564,888 in December 2013.
What is the rent for unit 3307?
AED 310,000 a year on the contract signed on 11 September 2024. The previous contract, from February 2023, was AED 365,000.
How big is unit 3307?
1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 33rd floor of a 58-storey tower completed in 2019.
What is unit 3307 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 3307, The Address Residence Sky View 1
Starts from the last sale price (AED 4.6M, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,600,000
- Deposit, UAE resident (20%)
- AED 920,000
- Deposit, non-resident (40%)
- AED 1,840,000
- Monthly over 25 years at 3.7%
- AED 18,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →