4007, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in April 2015, 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 4007, The Address Residence Sky View 2
What is 4007 worth today?
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Source: Dubai Land Department. Updated 8 July 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 526 sqft
- Floor
- 40th of 51
- Parking
- B1-46
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.72M · April 2015
- Building
- The Address Residence Sky View 2
About 4007, The Address Residence Sky View 2
4007 is a one-bedroom hotel apartment of 526 sqft on the 40th 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 2 April 2015 for AED 2,722,888, or AED 2,589 per sqft, in line with the AED 2,573 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 8 July 2026, is AED 185,000 a year: a gross yield of 6.8% on the 2015 price.
Sales and rents for 4007 over time
4007 has sold once; 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 4007 sits
All 26 1-beds →4007 last sold in April 2015 at AED 2,589 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,573). 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. 4007's AED 185,000 is at the bottom 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 40th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 2-bed | 1,542 sqft | AED 5.6MAED 5,600,000 · Nov 2025November 2025 | ||
| 4002 | 3-bed | 2,021 sqft | AED 5.47MAED 5,468,888 · Dec 2013December 2013 | 524,027 /yr | |
| 4003 | 2-bed | 1,699 sqft | AED 7.9MAED 7,900,000 · Mar 2024March 2024 | ||
| 4004 | 3-bed | 2,438 sqft | AED 6.09MAED 6,091,888 · Dec 2013December 2013 | ||
| 4005 | 2-bed | 1,673 sqft | AED 5.01MAED 5,010,888 · Dec 2019December 2019 | 330,000 /yr | |
| 4006 | 3-bed | 1,999 sqft | AED 6.16MAED 6,158,888 · Feb 2016February 2016 |
4007, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 2 April 2015 for AED 2,722,888, or AED 2,589 per sqft.
- Rented since August 2020 on 6 Ejari contracts, from AED 120,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2015 price is 6.8%.
- 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 8 July 2026.
Questions about 4007, The Address Residence Sky View 2
What did unit 4007 last sell for?
AED 2,722,888 on 2 April 2015, sold by the developer: AED 2,589 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit 4007?
AED 185,000 a year on the contract signed on 8 July 2026. The previous contract, from September 2024, was AED 240,000; the unit has been rented since August 2020.
How big is unit 4007?
526 sqft (48.9 sqm): a one-bedroom hotel apartment on the 40th floor of a 51-storey tower completed in 2019.
What is unit 4007 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 4007, The Address Residence Sky View 2
Starts from the last sale price (AED 2.72M, 2 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,722,888
- Deposit, UAE resident (20%)
- AED 544,578
- Deposit, non-resident (40%)
- AED 1,089,155
- Monthly over 25 years at 3.7%
- AED 11,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →