2-bed · 1,543 sqftThe Address Residence Sky View 1, Downtown Dubai · 42nd floor · completed 2019

4207, The Address Residence Sky View 1

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

Unit 4207 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 3.73M28 January 2014
Current rentAED 340K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4207, The Address Residence Sky View 1

What is 4207 worth today?

Last sold for AED 3,727,455 in 2014

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1 Jun 2025RentedRenewal
AED 340,000/yr12 months · AED 221 per sqft
1 Jun 2025RentedRenewal
AED 340,000/yr12 months · AED 221 per sqft
1 Jun 2024RentedNew contract
AED 340,000/yr12 months · AED 221 per sqft
24 Oct 2022RentedNew contract
AED 310,000/yr12 months · AED 201 per sqft
3 Sep 2021RentedNew contract
AED 270,000/yr12 months · AED 175 per sqft
1 Sep 2020RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
28 Jan 2014SoldOff-plan
AED 3,727,455AED 2,415 per sqft
18 Nov 2013Sold by developerOff-plan
AED 3,618,888AED 2,344 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,543 sqft
Floor
42nd of 58
Parking
B3-239
Developer
Emaar
Completed
2019
Last sold
AED 3.73M · January 2014

About 4207, The Address Residence Sky View 1

4207 is a two-bedroom hotel apartment of 1,543 sqft on the 42nd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 28 January 2014 for AED 3,727,455, or AED 2,415 per sqft, in line with the AED 2,463 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 340,000 a year: a gross yield of 9.1% on the 2014 price.

Sales and rents for 4207 over time

Sales
Unit 4207, 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, November 2013: AED 3,618,888 (AED 2,344 per sqft)Sold, January 2014: AED 3,727,455 (AED 2,415 per sqft)

4207 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4207, 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, September 2020: AED 150,000 a yearNew contract, September 2021: AED 270,000 a yearNew contract, October 2022: AED 310,000 a yearNew contract, June 2024: AED 340,000 a yearRenewal, June 2025: AED 340,000 a yearRenewal, June 2025: AED 340,000 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 4207 sits

All 159 2-beds →

4207 last sold in January 2014 at AED 2,415 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,463). 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. 4207's AED 340,000 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
42012-bedAED 5.5M · Oct 2025
42023-bedAED 4.6M · Apr 2017
42032-bedAED 5.14M · Jun 2018
42043-bedAED 6.96M · Aug 2019
42052-bedAED 7.25M · Nov 2024
42063-bedAED 4.86M · Mar 2017

4207, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 18 November 2013 for AED 3,618,888, last on 28 January 2014 for AED 3,727,455 (AED 2,415 per sqft).
  • Rented since September 2020 on 6 Ejari contracts, from AED 150,000 to AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2014 price is 9.1%.
  • 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 June 2025.

Questions about 4207, The Address Residence Sky View 1

What did unit 4207 last sell for?

AED 3,727,455 on 28 January 2014: AED 2,415 per sqft for 1,543 sqft. The unit has 2 registered sales; the first was AED 3,618,888 in November 2013.

What is the rent for unit 4207?

AED 340,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 340,000; the unit has been rented since September 2020.

How big is unit 4207?

1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 42nd floor of a 58-storey tower completed in 2019.

What is unit 4207 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 4207, The Address Residence Sky View 1

Starts from the last sale price (AED 3.73M, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,727,455
Deposit, UAE resident (20%)
AED 745,491
Deposit, non-resident (40%)
AED 1,490,982
Monthly over 25 years at 3.7%
AED 15,250

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