2-bed · 1,518 sqftThe Address Residence Sky View 1, Downtown Dubai · 7th floor · completed 2019

707, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 4.2M30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, The Address Residence Sky View 1

What is 707 worth today?

Last sold for AED 4,200,000 in 2023

Unlock today's estimate, updated daily, with

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

30 Jan 2023SoldReady
AED 4,200,000AED 2,766 per sqft
10 Dec 2013Sold by developerOff-plan
AED 3,758,888AED 2,475 per sqft

Source: Dubai Land Department. Updated 30 January 2023.

Key facts

Type
2-bed hotel apartment
Size
1,518 sqft
Floor
7th of 58
Parking
B3-482
Developer
Emaar
Completed
2019
Last sold
AED 4.2M · January 2023

About 707, The Address Residence Sky View 1

707 is a two-bedroom hotel apartment of 1,518 sqft on the 7th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 30 January 2023 for AED 4,200,000, or AED 2,766 per sqft, in line with the AED 2,766 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 707 over time

Sales
Unit 707, 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 3,758,888 (AED 2,475 per sqft)Sold, January 2023: AED 4,200,000 (AED 2,766 per sqft)

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

Rents
Unit 707, 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 300,000

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 707 sits

All 159 2-beds →

707 last sold in January 2023 at AED 2,766 per sqft, in line with what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,766). 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.

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
7013-bedAED 4.03M · Dec 2013
7032-bedAED 3.76M · Dec 2013
7042-bedAED 4.09M · Dec 2013
7053-bedAED 8.7M · May 2025
7062-bedAED 5M · Jun 2023
7081-bedAED 2.05M · Dec 2013
7091-bedAED 3M · Aug 2023

707, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 10 December 2013 for AED 3,758,888, last on 30 January 2023 for AED 4,200,000 (AED 2,766 per sqft).
  • 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 30 January 2023.

Questions about 707, The Address Residence Sky View 1

What did unit 707 last sell for?

AED 4,200,000 on 30 January 2023: AED 2,766 per sqft for 1,518 sqft. The unit has 2 registered sales; the first was AED 3,758,888 in December 2013.

How big is unit 707?

1,518 sqft (141.0 sqm): a two-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.

What is unit 707 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 707? 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 707, The Address Residence Sky View 1

Starts from the last sale price (AED 4.2M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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