1-bed · 1,051 sqftThe Address Residence Sky View 2, Downtown Dubai · 42nd floor · completed 2019

4207, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4207 · DLD and Ejari recordsUpdated 2 December 2013
Last soldAED 2.42M2 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4207, The Address Residence Sky View 2

What is 4207 worth today?

Last sold for AED 2,419,888 in 2013

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2 Dec 2013Sold by developerOff-plan
AED 2,419,888AED 2,301 per sqft

Source: Dubai Land Department. Updated 2 December 2013.

Key facts

Type
1-bed hotel apartment
Size
1,051 sqft
Floor
42nd of 51
Parking
B1-48
Developer
Emaar
Completed
2019
Last sold
AED 2.42M · December 2013

About 4207, The Address Residence Sky View 2

4207 is a one-bedroom hotel apartment of 1,051 sqft on the 42nd 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 December 2013 for AED 2,419,888, or AED 2,301 per sqft, in line with the AED 2,279 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4207 over time

Sales
Unit 4207, 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 2,419,888 (AED 2,301 per sqft)

4207 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4207, 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 200,000

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 4207 sits

All 26 1-beds →

4207 last sold in December 2013 at AED 2,301 per sqft, in line with what one-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,279). 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.

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
42012-bedAED 3.8M · Jul 2022
42023-bedAED 8M · Jan 2023
42032-bedAED 5.75M · Nov 2022
42043-bedAED 4.5M · Jul 2020
42052-bedAED 6.09M · Jun 2022
42063-bedAED 6.18M · Jun 2020

4207, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 2 December 2013 for AED 2,419,888, or AED 2,301 per sqft.
  • 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 2 December 2013.

Questions about 4207, The Address Residence Sky View 2

What did unit 4207 last sell for?

AED 2,419,888 on 2 December 2013, sold by the developer: AED 2,301 per sqft for 1,051 sqft. It is the only registered sale of the unit.

How big is unit 4207?

1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 42nd floor of a 51-storey tower completed in 2019.

What is unit 4207 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 4207, The Address Residence Sky View 2

Starts from the last sale price (AED 2.42M, 2 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,419,888
Deposit, UAE resident (20%)
AED 483,978
Deposit, non-resident (40%)
AED 967,955
Monthly over 25 years at 3.7%
AED 9,901

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