1-bed · 1,051 sqftThe Address Residence Sky View 2, Downtown Dubai · 41st floor · completed 2019

4107, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4107 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 2.42M28 November 2013
Current rentAED 205K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4107, The Address Residence Sky View 2

What is 4107 worth today?

Last sold for AED 2,416,888 in 2013

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14 Mar 2024RentedNew contract
AED 205,000/yr12 months · AED 194 per sqft
14 Mar 2023RentedRenewal
AED 190,000/yr12 months · AED 181 per sqft
14 Mar 2022RentedNew contract
AED 190,000/yr12 months · AED 181 per sqft
1 Feb 2021RentedNew contract
AED 143,000/yr12 months · AED 136 per sqft
28 Nov 2013Sold by developerOff-plan
AED 2,416,888AED 2,298 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
1-bed hotel apartment
Size
1,051 sqft
Floor
41st of 51
Parking
B1-47
Developer
Emaar
Completed
2019
Last sold
AED 2.42M · November 2013

About 4107, The Address Residence Sky View 2

4107 is a one-bedroom hotel apartment of 1,051 sqft on the 41st 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 28 November 2013 for AED 2,416,888, or AED 2,298 per sqft, in line with the AED 2,261 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 14 March 2024, is AED 205,000 a year: a gross yield of 8.5% on the 2013 price.

Sales and rents for 4107 over time

Sales
Unit 4107, 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, November 2013: AED 2,416,888 (AED 2,298 per sqft)

4107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4107, 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, February 2021: AED 143,000 a yearNew contract, March 2022: AED 190,000 a yearRenewal, March 2023: AED 190,000 a yearNew contract, March 2024: AED 205,000 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 4107 sits

All 26 1-beds →

4107 last sold in November 2013 at AED 2,298 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,261). 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. 4107's AED 205,000 is in the lower 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
41012-bedAED 3.7M · Mar 2014
41023-bedAED 11.8M · Jul 2025
41032-bedAED 3.68M · Mar 2022
41043-bedAED 6.16M · Nov 2013
41052-bedAED 4.45M · Nov 2013
41063-bedAED 5.48M · Nov 2013

4107, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 28 November 2013 for AED 2,416,888, or AED 2,298 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 143,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2013 price is 8.5%.
  • 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 14 March 2024.

Questions about 4107, The Address Residence Sky View 2

What did unit 4107 last sell for?

AED 2,416,888 on 28 November 2013, sold by the developer: AED 2,298 per sqft for 1,051 sqft. It is the only registered sale of the unit.

What is the rent for unit 4107?

AED 205,000 a year on the contract signed on 14 March 2024. The previous contract, from March 2023, was AED 190,000; the unit has been rented since February 2021.

How big is unit 4107?

1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 41st floor of a 51-storey tower completed in 2019.

What is unit 4107 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 4107, The Address Residence Sky View 2

Starts from the last sale price (AED 2.42M, 28 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,416,888
Deposit, UAE resident (20%)
AED 483,378
Deposit, non-resident (40%)
AED 966,755
Monthly over 25 years at 3.7%
AED 9,888

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