2-bed · 1,543 sqftThe Address Residence Sky View 1, Downtown Dubai · 43rd floor · completed 2019

4307, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in June 2016, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4307 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 4.21M13 June 2016
Current rentAED 340K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4307, The Address Residence Sky View 1

What is 4307 worth today?

Last sold for AED 4,208,888 in 2016

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1 Feb 2024RentedNew contract
AED 340,000/yr12 months · AED 221 per sqft
13 Jun 2016Sold by developerOff-plan
AED 4,208,888AED 2,726 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed hotel apartment
Size
1,543 sqft
Floor
43rd of 58
Parking
B3-238
Developer
Emaar
Completed
2019
Last sold
AED 4.21M · June 2016

About 4307, The Address Residence Sky View 1

4307 is a two-bedroom hotel apartment of 1,543 sqft on the 43rd 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 13 June 2016 for AED 4,208,888, or AED 2,726 per sqft, 3% above the AED 2,642 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2024. The current contract, signed on 1 February 2024, is AED 340,000 a year: a gross yield of 8.1% on the 2016 price.

Sales and rents for 4307 over time

Sales
Unit 4307, 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, June 2016: AED 4,208,888 (AED 2,726 per sqft)

4307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4307, 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, February 2024: 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 4307 sits

All 159 2-beds →

4307 last sold in June 2016 at AED 2,726 per sqft, 3% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,642). 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. 4307'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
43012-bedAED 4.4M · Jul 2025
43023-bedAED 6.5M · May 2026
43032-bedAED 4.9M · Oct 2021
43043-bedAED 7.12M · Sep 2020
43052-bedAED 7.2M · Feb 2024
43063-bedAED 5.42M · Oct 2013

4307, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 13 June 2016 for AED 4,208,888, or AED 2,726 per sqft.
  • Rented since February 2024 on one Ejari contract, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2016 price is 8.1%.
  • 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 February 2024.

Questions about 4307, The Address Residence Sky View 1

What did unit 4307 last sell for?

AED 4,208,888 on 13 June 2016, sold by the developer: AED 2,726 per sqft for 1,543 sqft. It is the only registered sale of the unit.

What is the rent for unit 4307?

AED 340,000 a year on the contract signed on 1 February 2024.

How big is unit 4307?

1,543 sqft (143.3 sqm): a two-bedroom hotel apartment on the 43rd floor of a 58-storey tower completed in 2019.

What is unit 4307 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 4307, The Address Residence Sky View 1

Starts from the last sale price (AED 4.21M, 13 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,208,888
Deposit, UAE resident (20%)
AED 841,778
Deposit, non-resident (40%)
AED 1,683,555
Monthly over 25 years at 3.7%
AED 17,220

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