3-bed · 1,597 sqftSkyview Tower, Dubai Marina · 17th floor · completed 2011

1704, Skyview Tower

Sold prices and rental history: sold 4 times, last in December 2022, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 6 December 2022
Last soldAED 2.2M6 December 2022
Current rentAED 133K /yr15 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Skyview Tower

What is 1704 worth today?

Last sold for AED 2,200,000 in 2022

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6 Dec 2022SoldReady
AED 2,200,000AED 1,377 per sqft
17 Oct 2021SoldReady
AED 1,400,000AED 876 per sqft
15 Nov 2018RentedNew contract
AED 133,333/yr12 months · AED 84 per sqft
30 May 2017SoldOff-plan
AED 1,581,879AED 990 per sqft
29 Aug 2011Sold by developerOff-plan
AED 2,524,275AED 1,580 per sqft

Source: Dubai Land Department. Updated 6 December 2022.

Key facts

Type
3-bed apartment
Size
1,597 sqft
Floor
17th of 31
Parking
P1-38
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 34,700 /yr
Last sold
AED 2.2M · December 2022

About 1704, Skyview Tower

1704 is a three-bedroom apartment of 1,597 sqft on the 17th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 6 December 2022 for AED 2,200,000, or AED 1,377 per sqft, 45% above the AED 948 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2018. The current contract, signed on 15 November 2018, is AED 133,333 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 34,700 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical three-bed in Skyview Tower
2M4M2010201520202025Typical sale price by year: 2010 AED 2,520,492; 2011 AED 2,524,275; 2012 AED 1,980,000; 2013 AED 1,635,000; 2017 AED 1,581,879; 2021 AED 1,380,000; 2022 AED 1,850,000; 2023 AED 2,600,000; 2024 AED 2,575,000; 2025 AED 3,100,000; 2026 AED 3,800,000Sold by developer, August 2011: AED 2,524,275 (AED 1,580 per sqft)Sold, May 2017: AED 1,581,879 (AED 990 per sqft)Sold, October 2021: AED 1,400,000 (AED 876 per sqft)Sold, December 2022: AED 2,200,000 (AED 1,377 per sqft)

1704 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1704, each contractTypical three-bed in Skyview Tower
100K150K200K2018202120242027Typical rent by year: 2018 AED 133,333; 2019 AED 115,000; 2020 AED 125,000; 2021 AED 110,000; 2022 AED 132,500; 2023 AED 152,250; 2024 AED 200,541; 2025 AED 200,000; 2026 AED 175,000New contract, November 2018: AED 133,333 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Skyview Tower, and where 1704 sits

All 30 3-beds →

1704 last sold in December 2022 at AED 1,377 per sqft, 45% above what three-beds in Skyview Tower were fetching at the time (AED 948). Over the last 12 months three-beds sold for AED 2,425,000 to 4,005,000, around AED 1,697 per sqft, and rent for AED 140,000 to 240,000 a year. 1704's AED 133,333 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 202620,946
10 Jun 20262,600,000
10 Jun 20262,425,000
8 Jun 20263,800,000
6 3-bed sales in the last 12 months

Skyview Tower

Building

189 apartments, studios to 7-bed over 31 floors in Dubai Marina, completed in 2011 by Halcon Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,469 Down 0.9%
Typical sale
AED 1.91M
Typical rent
AED 105K /yr
Typical yield
7.5%
Skyview Tower, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 189 units in Skyview Tower
Value
17012-bedAED 2.4M · Jun 2010
1702StudioAED 602K · Jun 2010
1703StudioAED 602K · Jun 2010
17052-bedAED 1.7M · Oct 2015
1706StudioAED 960K · Apr 2024
1707StudioAED 1.2M · Mar 2026
17083-bedAED 2.6M · Sep 2024

1704, Skyview Tower in numbers

  • Sold 4 times: first on 29 August 2011 for AED 2,524,275, last on 6 December 2022 for AED 2,200,000 (AED 1,377 per sqft).
  • Rented since November 2018 on one Ejari contract, at AED 133,333 a year.
  • At AED 133,333 a year the gross yield on the 2022 price is 6.1%, before a service charge of about AED 34,700 a year (AED 21.73 per sqft).
  • Three-beds in Skyview Tower sold for AED 2,425,000–4,005,000 in the 12 months to November 2026; the building's median across all types is AED 1,469 per sqft.

Source: Dubai Land Department. Updated 6 December 2022.

Questions about 1704, Skyview Tower

What did unit 1704 last sell for?

AED 2,200,000 on 6 December 2022: AED 1,377 per sqft for 1,597 sqft. The unit has 4 registered sales; the first was AED 2,524,275 in August 2011.

What is the rent for unit 1704?

AED 133,333 a year on the contract signed on 15 November 2018.

How big is unit 1704?

1,597 sqft (148.4 sqm): a three-bedroom apartment on the 17th floor of a 31-storey tower completed in 2011.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Skyview Tower sold for AED 2,425,000 to 4,005,000 in the last 12 months, around AED 1,697 per sqft.

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Mortgage on 1704, Skyview Tower

Starts from the last sale price (AED 2.2M, 6 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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