2206, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2206, The Address Residence Sky View 1
What is 2206 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,019 sqft
- Floor
- 22nd of 58
- Parking
- B2-7, B2-6
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 7.83M · August 2024
- Building
- The Address Residence Sky View 1
About 2206, The Address Residence Sky View 1
2206 is a three-bedroom hotel apartment of 2,019 sqft on the 22nd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 29 August 2024 for AED 7,825,000, or AED 3,875 per sqft, 4% below the AED 4,035 three-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 17 October 2024, is AED 505,000 a year: a gross yield of 6.5% on the 2024 price.
Sales and rents for 2206 over time
2206 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Address Residence Sky View 1, and where 2206 sits
All 107 3-beds →2206 last sold in August 2024 at AED 3,875 per sqft, 4% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,035). Over the last 12 months three-beds sold for AED 8,599,992 to 12,800,000, around AED 4,284 per sqft, and rent for AED 580,000 to 600,000 a year. 2206's AED 505,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 | ||
| 15 Jan 202615 January 2026 | 2,019 sqft | 8,700,000 | 4,309 | ||
| 31 Jul 202531 July 2025 | 2,019 sqft | 8,000,000 | 3,962 | ||
| 9 May 20259 May 2025 | 2,020 sqft | 8,000,000 | 3,960 |
The Address Residence Sky View 1
Building326 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 13 sold in the last 12 months.
- Typical price per sqft
- AED 3,826 Up 0.9%
- Typical sale
- AED 6.85M
- Typical rent
- AED 275K /yr
- Typical yield
- 5.4%
Other units on the 22nd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,329 sqft | AED 3.1MAED 3,095,888 · Dec 2013December 2013 | ||
| 2202 | 1,010 sqft | AED 4.2MAED 4,200,000 · Nov 2020November 2020 | |||
| 2203 | 2-bed | 849 sqft | AED 4.3MAED 4,300,000 · Aug 2021August 2021 | ||
| 2204 | 3-bed | 2,288 sqft | AED 6.16MAED 6,156,888 · Dec 2015December 2015 | 530,000 /yr | |
| 2205 | 2-bed | 1,699 sqft | AED 4.56MAED 4,564,500 · Feb 2014February 2014 | 410,000 /yr | |
| 2207 | 2-bed | 1,543 sqft | AED 2.45MAED 2,450,000 · Nov 2020November 2020 |
2206, The Address Residence Sky View 1 in numbers
- Sold twice: first on 3 December 2013 for AED 5,205,888, last on 29 August 2024 for AED 7,825,000 (AED 3,875 per sqft).
- Rented since March 2021 on 4 Ejari contracts, from AED 280,000 to AED 505,000 a year.
- At AED 505,000 a year the gross yield on the 2024 price is 6.5%.
- Three-beds in The Address Residence Sky View 1 sold for AED 8,599,992–12,800,000 in the 12 months to November 2026; the building's median across all types is AED 3,826 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2024.
Questions about 2206, The Address Residence Sky View 1
What did unit 2206 last sell for?
AED 7,825,000 on 29 August 2024: AED 3,875 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 5,205,888 in December 2013.
What is the rent for unit 2206?
AED 505,000 a year on the contract signed on 17 October 2024. The previous contract, from March 2023, was AED 279,100; the unit has been rented since March 2021.
How big is unit 2206?
2,019 sqft (187.6 sqm): a three-bedroom hotel apartment on the 22nd floor of a 58-storey tower completed in 2019.
What is unit 2206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 1 sold for AED 8,599,992 to 12,800,000 in the last 12 months, around AED 4,284 per sqft.
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Mortgage on 2206, The Address Residence Sky View 1
Starts from the last sale price (AED 7.83M, 29 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 7,825,000
- Deposit, UAE resident (20%)
- AED 1,565,000
- Deposit, non-resident (40%)
- AED 3,130,000
- Monthly over 25 years at 3.7%
- AED 32,015
Plus AED 333,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →