1707, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1707, The Address Residence Sky View 2
What is 1707 worth today?
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Source: Dubai Land Department. Updated 10 March 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 17th of 51
- Parking
- B3-75
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.1M · June 2023
- Building
- The Address Residence Sky View 2
About 1707, The Address Residence Sky View 2
1707 is a one-bedroom hotel apartment of 1,051 sqft on the 17th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 19 June 2023 for AED 3,100,000, or AED 2,948 per sqft, in line with the AED 2,996 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 10 March 2024, is AED 255,000 a year: a gross yield of 8.2% on the 2023 price.
Sales and rents for 1707 over time
1707 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Address Residence Sky View 2, and where 1707 sits
All 26 1-beds →1707 last sold in June 2023 at AED 2,948 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,996). Over the last 12 months one-beds sold for AED 4,000,000, around AED 3,804 per sqft, and rent for AED 185,000 to 250,000 a year. 1707's AED 255,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 1,051 sqft | 4,000,000 | 3,804 | ||
| 28 Oct 202428 October 2024 | 1,051 sqft | 3,800,000 | 3,614 | ||
| 28 Aug 202428 August 2024 | 1,051 sqft | 3,700,000 | 3,519 | ||
| 8 May 20238 May 2023 | 1,051 sqft | 3,250,000 | 3,091 |
The Address Residence Sky View 2
Building216 apartments, 1-bed to 5-bed over 51 floors in Downtown Dubai, completed in 2019 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 4,056 Down 11.1%
- Typical sale
- AED 8M
- Typical rent
- AED 408K /yr
- Typical yield
- 5.1%
Other units on the 17th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,542 sqft | AED 4.72MAED 4,723,567 · Dec 2021December 2021 | ||
| 1702 | 3-bed | 2,021 sqft | AED 9MAED 9,000,000 · Sep 2023September 2023 | 575,000 /yr | |
| 1703 | 2-bed | 1,699 sqft | AED 4.8MAED 4,802,888 · Mar 2015March 2015 | ||
| 1704 | 3-bed | 2,438 sqft | AED 5.86MAED 5,861,888 · Jun 2021June 2021 | ||
| 1705 | 2-bed | 1,700 sqft | AED 6.1MAED 6,100,000 · Apr 2023April 2023 | 360,000 /yr | |
| 1706 | 3-bed | 2,021 sqft | AED 8MAED 8,000,000 · Sep 2023September 2023 | 490,000 /yr |
1707, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 24 March 2016 for AED 2,644,888, last on 19 June 2023 for AED 3,100,000 (AED 2,948 per sqft).
- Rented since March 2020 on 4 Ejari contracts, from AED 145,000 to AED 255,000 a year.
- At AED 255,000 a year the gross yield on the 2023 price is 8.2%.
- One-beds in The Address Residence Sky View 2 sold for AED 4,000,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,056 per sqft.
Source: Dubai Land Department. Updated 10 March 2024.
Questions about 1707, The Address Residence Sky View 2
What did unit 1707 last sell for?
AED 3,100,000 on 19 June 2023: AED 2,948 per sqft for 1,051 sqft. The unit has 3 registered sales; the first was AED 2,644,888 in March 2016.
What is the rent for unit 1707?
AED 255,000 a year on the contract signed on 10 March 2024. The previous contract, from September 2022, was AED 220,000; the unit has been rented since March 2020.
How big is unit 1707?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 17th floor of a 51-storey tower completed in 2019.
What is unit 1707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residence Sky View 2 sold for AED 4,000,000 to 4,000,000 in the last 12 months, around AED 3,804 per sqft.
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Mortgage on 1707, The Address Residence Sky View 2
Starts from the last sale price (AED 3.1M, 19 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →