1-bed · 1,051 sqftThe Address Residence Sky View 2, Downtown Dubai · 33rd floor · completed 2019

3307, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in May 2023, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3307 · DLD and Ejari recordsUpdated 16 July 2023
Last soldAED 3.25M8 May 2023
Current rentAED 240K /yr16 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3307, The Address Residence Sky View 2

What is 3307 worth today?

Last sold for AED 3,250,000 in 2023

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16 Jul 2023RentedNew contract
AED 240,000/yr12 months · AED 228 per sqft
8 May 2023SoldReady
AED 3,250,000AED 3,091 per sqft
3 Dec 2013Sold by developerOff-plan
AED 2,392,888AED 2,275 per sqft

Source: Dubai Land Department. Updated 16 July 2023.

Key facts

Type
1-bed hotel apartment
Size
1,051 sqft
Floor
33rd of 51
Parking
B1-39
Developer
Emaar
Completed
2019
Last sold
AED 3.25M · May 2023

About 3307, The Address Residence Sky View 2

3307 is a one-bedroom hotel apartment of 1,051 sqft on the 33rd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 May 2023 for AED 3,250,000, or AED 3,091 per sqft, in line with the AED 3,043 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 July 2023. The current contract, signed on 16 July 2023, is AED 240,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 3307 over time

Sales
Unit 3307, 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 2,392,888 (AED 2,275 per sqft)Sold, May 2023: AED 3,250,000 (AED 3,091 per sqft)

3307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3307, 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 2023: AED 240,000 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 3307 sits

All 26 1-beds →

3307 last sold in May 2023 at AED 3,091 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,043). 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. 3307's AED 240,000 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
33012-bedAED 4.25M · Mar 2023
33023-bedAED 5.4M · Dec 2013
33032-bedAED 7.2M · Jun 2023
33043-bedAED 12.1M · Oct 2025
33052-bedAED 7.9M · Sep 2024
33063-bedAED 6.5M · Aug 2022

3307, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 3 December 2013 for AED 2,392,888, last on 8 May 2023 for AED 3,250,000 (AED 3,091 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 16 July 2023.

Questions about 3307, The Address Residence Sky View 2

What did unit 3307 last sell for?

AED 3,250,000 on 8 May 2023: AED 3,091 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 2,392,888 in December 2013.

What is the rent for unit 3307?

AED 240,000 a year on the contract signed on 16 July 2023.

How big is unit 3307?

1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 33rd floor of a 51-storey tower completed in 2019.

What is unit 3307 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 3307, The Address Residence Sky View 2

Starts from the last sale price (AED 3.25M, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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