2407, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, The Address Residence Sky View 2
What is 2407 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,051 sqft
- Floor
- 24th of 51
- Parking
- B1-225
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.65M · July 2022
- Building
- The Address Residence Sky View 2
About 2407, The Address Residence Sky View 2
2407 is a one-bedroom hotel apartment of 1,051 sqft on the 24th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 28 July 2022 for AED 2,650,000, or AED 2,520 per sqft, 20% above the AED 2,092 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 250,696 a year: a gross yield of 9.5% on the 2022 price.
Sales and rents for 2407 over time
2407 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 2407 sits
All 26 1-beds →2407 last sold in July 2022 at AED 2,520 per sqft, 20% above what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,092). 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. 2407's AED 250,696 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 | ||
| 19 Jun 202319 June 2023 | 1,051 sqft | 3,100,000 | 2,948 |
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 24th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,542 sqft | AED 4.35MAED 4,350,000 · May 2023May 2023 | 210,000 /yr | |
| 2402 | 3-bed | 2,021 sqft | AED 5.98MAED 5,980,888 · Apr 2016April 2016 | 530,000 /yr | |
| 2403 | 2-bed | 1,699 sqft | AED 5.2MAED 5,200,000 · Nov 2021November 2021 | 350,000 /yr | |
| 2404 | 3-bed | 2,438 sqft | AED 5.93MAED 5,931,888 · Dec 2013December 2013 | 570,000 /yr | |
| 2405 | 2-bed | 1,673 sqft | AED 3MAED 3,000,000 · Oct 2018October 2018 | 490,000 /yr | |
| 2406 | 3-bed | 1,999 sqft | AED 5.98MAED 5,979,888 · Jan 2018January 2018 | 480,000 /yr |
2407, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 10 December 2013 for AED 2,365,888, last on 28 July 2022 for AED 2,650,000 (AED 2,520 per sqft).
- Rented since May 2023 on 4 Ejari contracts, from AED 250,000 to AED 250,696 a year.
- At AED 250,696 a year the gross yield on the 2022 price is 9.5%.
- 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 1 May 2025.
Questions about 2407, The Address Residence Sky View 2
What did unit 2407 last sell for?
AED 2,650,000 on 28 July 2022: AED 2,520 per sqft for 1,051 sqft. The unit has 3 registered sales; the first was AED 2,365,888 in December 2013.
What is the rent for unit 2407?
AED 250,696 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 250,696; the unit has been rented since May 2023.
How big is unit 2407?
1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 24th floor of a 51-storey tower completed in 2019.
What is unit 2407 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 2407, The Address Residence Sky View 2
Starts from the last sale price (AED 2.65M, 28 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →