2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 23rd floor · completed 2019

2301, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2M26 July 2021
Current rentAED 210K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, The Address Residence Sky View 1

What is 2301 worth today?

Last sold for AED 2,000,000 in 2021

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1 Feb 2026RentedRenewal
AED 209,700/yr3 months · AED 158 per sqft
1 Feb 2025RentedNew contract
AED 300,000/yr12 months · AED 227 per sqft
1 Feb 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
18 Nov 2023RentedNew contract
AED 310,000/yr12 months · AED 234 per sqft
1 Apr 2022RentedNew contract
AED 250,000/yr14 months · AED 189 per sqft
26 Jul 2021SoldReady
AED 2,000,000AED 1,504 per sqft
7 Nov 2020RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
3 Dec 2013Sold by developerOff-plan
AED 3,101,888AED 2,333 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2026.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
23rd of 58
Parking
B3-8
Developer
Emaar
Completed
2019
Last sold
AED 2M · July 2021

About 2301, The Address Residence Sky View 1

2301 is a two-bedroom hotel apartment of 1,329 sqft on the 23rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 26 July 2021 for AED 2,000,000, or AED 1,504 per sqft, 20% below the AED 1,878 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 209,700 a year: a gross yield of 10.5% on the 2021 price.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical two-bed in The Address Residence Sky View 1
2.5M5M2013201720212025Typical sale price by year: 2013 AED 4,054,888; 2014 AED 4,564,500; 2015 AED 4,175,699; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,500,000; 2020 AED 2,737,500; 2021 AED 3,287,500; 2022 AED 4,600,000; 2023 AED 5,850,000; 2024 AED 6,550,000; 2025 AED 4,900,000; 2026 AED 6,500,000Sold by developer, December 2013: AED 3,101,888 (AED 2,333 per sqft)Sold, July 2021: AED 2,000,000 (AED 1,504 per sqft)

2301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, each contractTypical two-bed in The Address Residence Sky View 1
200K300K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 345,000; 2024 AED 361,500; 2025 AED 320,000; 2026 AED 242,350New contract, November 2020: AED 150,000 a yearNew contract, April 2022: AED 250,000 a yearNew contract, November 2023: AED 310,000 a yearNew contract, February 2025: AED 300,000 a yearNew contract, February 2025: AED 300,000 a yearRenewal, February 2026: AED 209,700 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 The Address Residence Sky View 1, and where 2301 sits

All 153 2-beds →

2301 last sold in July 2021 at AED 1,504 per sqft, 20% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,878). Over the last 12 months two-beds sold for AED 4,850,000 to 7,620,000, around AED 3,789 per sqft, and rent for AED 209,700 to 450,000 a year. 2301's AED 209,700 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20265,500,000
9 Feb 20267,620,000
22 Jan 20265,700,000
22 Jan 20266,850,000
6 2-bed sales in the last 12 months

The Address Residence Sky View 1

Building

326 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%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
23023-bedAED 6.6M · Mar 2022
23032-bedAED 5.4M · Feb 2023
23043-bedAED 7.6M · Dec 2022
23052-bedAED 4.62M · Feb 2014
23063-bedAED 8.7M · Jan 2026
23072-bedAED 3.5M · Dec 2013

2301, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 3 December 2013 for AED 3,101,888, last on 26 July 2021 for AED 2,000,000 (AED 1,504 per sqft).
  • Rented since November 2020 on 6 Ejari contracts, from AED 150,000 to AED 209,700 a year.
  • At AED 209,700 a year the gross yield on the 2021 price is 10.5%.
  • Two-beds in The Address Residence Sky View 1 sold for AED 4,850,000–7,620,000 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 1 February 2026.

Questions about 2301, The Address Residence Sky View 1

What did unit 2301 last sell for?

AED 2,000,000 on 26 July 2021: AED 1,504 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,101,888 in December 2013.

What is the rent for unit 2301?

AED 209,700 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 300,000; the unit has been rented since November 2020.

How big is unit 2301?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 23rd floor of a 58-storey tower completed in 2019.

What is unit 2301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 4,850,000 to 7,620,000 in the last 12 months, around AED 3,789 per sqft.

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Mortgage on 2301, The Address Residence Sky View 1

Starts from the last sale price (AED 2M, 26 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →