1-bed · 1,051 sqftThe Address Residence Sky View 2, Downtown Dubai · 26th floor · completed 2019

2607, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2607 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.37M10 December 2013
Current rentAED 230K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2607, The Address Residence Sky View 2

What is 2607 worth today?

Last sold for AED 2,371,888 in 2013

Unlock today's estimate, updated daily, with

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

10 Oct 2024RentedNew contract
AED 230,000/yr12 months · AED 218 per sqft
1 Jul 2023RentedRenewal
AED 200,000/yr12 months · AED 190 per sqft
1 Jul 2022RentedNew contract
AED 200,000/yr12 months · AED 190 per sqft
29 Jul 2020RentedNew contract
AED 115,000/yr12 months · AED 109 per sqft
10 Dec 2013Sold by developerOff-plan
AED 2,371,888AED 2,255 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed hotel apartment
Size
1,051 sqft
Floor
26th of 51
Parking
B1-226
Developer
Emaar
Completed
2019
Last sold
AED 2.37M · December 2013

About 2607, The Address Residence Sky View 2

2607 is a one-bedroom hotel apartment of 1,051 sqft on the 26th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 10 December 2013 for AED 2,371,888, or AED 2,255 per sqft, in line with the AED 2,269 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 October 2024, is AED 230,000 a year: a gross yield of 9.7% on the 2013 price.

Sales and rents for 2607 over time

Sales
Unit 2607, each saleTypical one-bed in The Address Residence Sky View 2
2.5M3M2013201620192022Typical sale price by year: 2013 AED 2,385,388; 2014 AED 2,705,888; 2015 AED 2,658,388; 2021 AED 2,200,000; 2022 AED 2,950,000; 2023 AED 3,175,000Sold by developer, December 2013: AED 2,371,888 (AED 2,255 per sqft)

2607 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2607, each contractTypical one-bed in The Address Residence Sky View 2
100K200K2020202220242026Typical rent by year: 2020 AED 120,000; 2021 AED 150,000; 2022 AED 200,000; 2023 AED 240,000; 2024 AED 245,000; 2025 AED 230,000; 2026 AED 200,000New contract, July 2020: AED 115,000 a yearNew contract, July 2022: AED 200,000 a yearRenewal, July 2023: AED 200,000 a yearNew contract, October 2024: AED 230,000 a year

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 2607 sits

All 26 1-beds →

2607 last sold in December 2013 at AED 2,255 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,269). 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. 2607's AED 230,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 20264,000,000
28 Oct 20243,800,000
28 Aug 20243,700,000
19 Jun 20233,100,000
1 1-bed sale in the last 12 months

The Address Residence Sky View 2

Building

216 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%
The Address Residence Sky View 2, Downtown Dubai: prices, sales and rents →
Value
26012-bedAED 4.97M · Dec 2021
26023-bedAED 6M · Oct 2015
26032-bedAED 4.33M · Dec 2013
26043-bedAED 12.5M · May 2025
26052-bedAED 5.95M · Jan 2023
26063-bedAED 6M · Dec 2015

2607, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 10 December 2013 for AED 2,371,888, or AED 2,255 per sqft.
  • Rented since July 2020 on 4 Ejari contracts, from AED 115,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2013 price is 9.7%.
  • 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 October 2024.

Questions about 2607, The Address Residence Sky View 2

What did unit 2607 last sell for?

AED 2,371,888 on 10 December 2013, sold by the developer: AED 2,255 per sqft for 1,051 sqft. It is the only registered sale of the unit.

What is the rent for unit 2607?

AED 230,000 a year on the contract signed on 10 October 2024. The previous contract, from July 2023, was AED 200,000; the unit has been rented since July 2020.

How big is unit 2607?

1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 26th floor of a 51-storey tower completed in 2019.

What is unit 2607 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.

Selling 2607? 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 2607, The Address Residence Sky View 2

Starts from the last sale price (AED 2.37M, 10 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,371,888
Deposit, UAE resident (20%)
AED 474,378
Deposit, non-resident (40%)
AED 948,755
Monthly over 25 years at 3.7%
AED 9,704

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