1-bed · 1,051 sqftThe Address Residence Sky View 2, Downtown Dubai · 43rd floor · completed 2019

4307, The Address Residence Sky View 2

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

Unit 4307 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 2.42M2 December 2013
Current rentAED 245K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4307, The Address Residence Sky View 2

What is 4307 worth today?

Last sold for AED 2,422,888 in 2013

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25 Mar 2025RentedNew contract
AED 245,000/yr12 months · AED 232 per sqft
25 Mar 2025RentedNew contract
AED 245,000/yr12 months · AED 232 per sqft
15 Jan 2024RentedRenewal
AED 250,000/yr12 months · AED 237 per sqft
15 Jan 2023RentedNew contract
AED 250,000/yr12 months · AED 237 per sqft
15 Nov 2021RentedNew contract
AED 200,000/yr12 months · AED 190 per sqft
15 Jul 2021RentedNew contract
AED 185,000/yr12 months · AED 176 per sqft
2 Dec 2013Sold by developerOff-plan
AED 2,422,888AED 2,304 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
1-bed hotel apartment
Size
1,051 sqft
Floor
43rd of 51
Parking
B1-49
Developer
Emaar
Completed
2019
Last sold
AED 2.42M · December 2013

About 4307, The Address Residence Sky View 2

4307 is a one-bedroom hotel apartment of 1,051 sqft on the 43rd 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 2,422,888, or AED 2,304 per sqft, in line with the AED 2,279 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 25 March 2025, is AED 245,000 a year: a gross yield of 10.1% on the 2013 price.

Sales and rents for 4307 over time

Sales
Unit 4307, 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 2,422,888 (AED 2,304 per sqft)

4307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4307, 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 2021: AED 185,000 a yearNew contract, November 2021: AED 200,000 a yearNew contract, January 2023: AED 250,000 a yearRenewal, January 2024: AED 250,000 a yearNew contract, March 2025: AED 245,000 a yearNew contract, March 2025: AED 245,000 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 4307 sits

All 26 1-beds →

4307 last sold in December 2013 at AED 2,304 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. 4307's AED 245,000 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
43012-bedAED 4.4M · Oct 2026
43023-bedAED 7.7M · Dec 2022
43032-bedAED 8M · May 2024
43043-bedAED 8M · Dec 2022
43052-bedAED 4.47M · Dec 2013
43063-bedAED 9.9M · Sep 2024

4307, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 2 December 2013 for AED 2,422,888, or AED 2,304 per sqft.
  • Rented since July 2021 on 6 Ejari contracts, from AED 185,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2013 price is 10.1%.
  • 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 25 March 2025.

Questions about 4307, The Address Residence Sky View 2

What did unit 4307 last sell for?

AED 2,422,888 on 2 December 2013, sold by the developer: AED 2,304 per sqft for 1,051 sqft. It is the only registered sale of the unit.

What is the rent for unit 4307?

AED 245,000 a year on the contract signed on 25 March 2025. The previous contract, from March 2025, was AED 245,000; the unit has been rented since July 2021.

How big is unit 4307?

1,051 sqft (97.6 sqm): a one-bedroom hotel apartment on the 43rd floor of a 51-storey tower completed in 2019.

What is unit 4307 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 4307, 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 2,422,888
Deposit, UAE resident (20%)
AED 484,578
Deposit, non-resident (40%)
AED 969,155
Monthly over 25 years at 3.7%
AED 9,913

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