2-bed · 1,543 sqftThe Address Residence Sky View 1, Downtown Dubai · 39th floor · completed 2019

3907, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3907 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 3.6M11 December 2013
Current rentAED 286K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3907, The Address Residence Sky View 1

What is 3907 worth today?

Last sold for AED 3,600,888 in 2013

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1 Aug 2025RentedRenewal
AED 286,000/yr12 months · AED 185 per sqft
1 Aug 2024RentedNew contract
AED 260,000/yr12 months · AED 168 per sqft
1 Mar 2022RentedRenewal
AED 190,000/yr12 months · AED 123 per sqft
1 Mar 2021RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
10 Sep 2020RentedNew contract
AED 140,000/yr12 months · AED 91 per sqft
11 Dec 2013Sold by developerOff-plan
AED 3,600,888AED 2,333 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed hotel apartment
Size
1,543 sqft
Floor
39th of 58
Parking
B3-242
Developer
Emaar
Completed
2019
Last sold
AED 3.6M · December 2013

About 3907, The Address Residence Sky View 1

3907 is a two-bedroom hotel apartment of 1,543 sqft on the 39th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 11 December 2013 for AED 3,600,888, or AED 2,333 per sqft, 5% below the AED 2,467 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 286,000 a year: a gross yield of 7.9% on the 2013 price.

Sales and rents for 3907 over time

Sales
Unit 3907, 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 3,600,888 (AED 2,333 per sqft)

3907 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3907, 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, September 2020: AED 140,000 a yearNew contract, March 2021: AED 170,000 a yearRenewal, March 2022: AED 190,000 a yearNew contract, August 2024: AED 260,000 a yearRenewal, August 2025: AED 286,000 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 3907 sits

All 159 2-beds →

3907 last sold in December 2013 at AED 2,333 per sqft, 5% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,467). 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. 3907's AED 286,000 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
39012-bedAED 4.65M · May 2025
39023-bedAED 5.38M · Dec 2013
39032-bedAED 7.85M · Mar 2024
39043-bedAED 6.93M · Jan 2015
39052-bedAED 5.4M · Nov 2022
39063-bedAED 5.38M · Dec 2013

3907, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 11 December 2013 for AED 3,600,888, or AED 2,333 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 140,000 to AED 286,000 a year.
  • At AED 286,000 a year the gross yield on the 2013 price is 7.9%.
  • 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 1 August 2025.

Questions about 3907, The Address Residence Sky View 1

What did unit 3907 last sell for?

AED 3,600,888 on 11 December 2013, sold by the developer: AED 2,333 per sqft for 1,543 sqft. It is the only registered sale of the unit.

What is the rent for unit 3907?

AED 286,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 260,000; the unit has been rented since September 2020.

How big is unit 3907?

1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3907 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 3907, The Address Residence Sky View 1

Starts from the last sale price (AED 3.6M, 11 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,888
Deposit, UAE resident (20%)
AED 720,178
Deposit, non-resident (40%)
AED 1,440,355
Monthly over 25 years at 3.7%
AED 14,732

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