2-bed · 1,346 sqftSkyview Tower, Dubai Marina · 29th floor · completed 2011

2904, Skyview Tower

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 1.6M20 December 2023
Current rentAED 89K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Skyview Tower

What is 2904 worth today?

Last sold for AED 1,600,000 in 2023

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20 Dec 2023SoldReady
AED 1,600,000AED 1,188 per sqft
10 Jan 2023RentedRenewal
AED 88,550/yr12 months · AED 66 per sqft
10 Jan 2022RentedRenewal
AED 80,500/yr12 months · AED 60 per sqft
10 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
8 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
10 Aug 2018RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
11 Jul 2010Sold by developerOff-plan
AED 1,906,712AED 1,416 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
2-bed apartment
Size
1,346 sqft
Floor
29th of 31
Parking
P1-42
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 29,300 /yr
Last sold
AED 1.6M · December 2023

About 2904, Skyview Tower

2904 is a two-bedroom apartment of 1,346 sqft on the 29th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 20 December 2023 for AED 1,600,000, or AED 1,188 per sqft, in line with the AED 1,188 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 88,550 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 29,300 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, each saleTypical two-bed in Skyview Tower
1M1.5M2M2010201520202025Typical sale price by year: 2010 AED 1,968,070; 2011 AED 2,100,000; 2012 AED 1,105,000; 2013 AED 1,545,000; 2015 AED 2,050,000; 2017 AED 1,450,819; 2020 AED 1,100,000; 2021 AED 1,210,000; 2022 AED 1,420,000; 2023 AED 1,600,000; 2024 AED 1,705,000; 2025 AED 1,800,000; 2026 AED 1,970,000Sold by developer, July 2010: AED 1,906,712 (AED 1,416 per sqft)Sold, December 2023: AED 1,600,000 (AED 1,188 per sqft)

2904 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, each contractTypical two-bed in Skyview Tower
100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 106,000; 2019 AED 90,000; 2020 AED 76,000; 2021 AED 78,000; 2022 AED 99,000; 2023 AED 109,148; 2024 AED 120,750; 2025 AED 130,000; 2026 AED 120,375New contract, August 2018: AED 125,000 a yearNew contract, November 2019: AED 90,000 a yearNew contract, January 2021: AED 70,000 a yearRenewal, January 2022: AED 80,500 a yearRenewal, January 2023: AED 88,550 a year

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

2-beds in Skyview Tower, and where 2904 sits

All 50 2-beds →

2904 last sold in December 2023 at AED 1,188 per sqft, in line with what two-beds in Skyview Tower were fetching at the time (AED 1,188). Over the last 12 months two-beds sold for AED 1,555,960 to 2,100,000, around AED 1,352 per sqft, and rent for AED 95,000 to 183,000 a year. 2904's AED 88,550 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20262,100,000
5 May 20261,910,000
9 Feb 20261,555,960
30 Jan 20262,030,000
4 2-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 29th floor

All 189 units in Skyview Tower
Value
29013-bedAED 2.55M · Jan 2025
29023-bedAED 2.2M · Sep 2023
29032-bedAED 1.34M · May 2023
29052-bedAED 1.6M · Dec 2023
29062-bedAED 1.75M · Nov 2024

2904, Skyview Tower in numbers

  • Sold twice: first on 11 July 2010 for AED 1,906,712, last on 20 December 2023 for AED 1,600,000 (AED 1,188 per sqft).
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 88,550 by January 2023.
  • At AED 88,550 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 29,300 a year (AED 21.73 per sqft).
  • Two-beds in Skyview Tower sold for AED 1,555,960–2,100,000 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 20 December 2023.

Questions about 2904, Skyview Tower

What did unit 2904 last sell for?

AED 1,600,000 on 20 December 2023: AED 1,188 per sqft for 1,346 sqft. The unit has 2 registered sales; the first was AED 1,906,712 in July 2010.

What is the rent for unit 2904?

AED 88,550 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 80,500; the unit has been rented since August 2018.

How big is unit 2904?

1,346 sqft (125.0 sqm): a two-bedroom apartment on the 29th floor of a 31-storey tower completed in 2011.

What is unit 2904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skyview Tower sold for AED 1,555,960 to 2,100,000 in the last 12 months, around AED 1,352 per sqft.

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Mortgage on 2904, Skyview Tower

Starts from the last sale price (AED 1.6M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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