2305, The Address Residence Sky View 1
Sold prices and rental history: sold twice, last in February 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, The Address Residence Sky View 1
What is 2305 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 October 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 23rd of 58
- Parking
- B3-132
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.62M · February 2014
- Building
- The Address Residence Sky View 1
About 2305, The Address Residence Sky View 1
2305 is a two-bedroom hotel apartment of 1,699 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 13 February 2014 for AED 4,615,799, or AED 2,717 per sqft, 10% above the AED 2,463 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 218,295 a year: a gross yield of 4.7% on the 2014 price.
Sales and rents for 2305 over time
2305 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2305 sits
All 153 2-beds →2305 last sold in February 2014 at AED 2,717 per sqft, 10% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,463). 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. 2305's AED 218,295 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,518 sqft | 5,500,000 | 3,622 | ||
| 9 Feb 20269 February 2026 | 1,699 sqft | 7,620,000 | 4,484 | ||
| 22 Jan 202622 January 2026 | 1,519 sqft | 5,700,000 | 3,752 | ||
| 22 Jan 202622 January 2026 | 1,699 sqft | 6,850,000 | 4,032 |
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 23rd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,329 sqft | AED 2MAED 2,000,000 · Jul 2021July 2021 | 209,700 /yr | |
| 2302 | 3-bed | 2,020 sqft | AED 6.6MAED 6,600,000 · Mar 2022March 2022 | ||
| 2303 | 2-bed | 1,699 sqft | AED 5.4MAED 5,400,000 · Feb 2023February 2023 | 400,000 /yr | |
| 2304 | 3-bed | 2,427 sqft | AED 7.6MAED 7,600,000 · Dec 2022December 2022 | ||
| 2306 | 3-bed | 2,019 sqft | AED 8.7MAED 8,700,000 · Jan 2026January 2026 | ||
| 2307 | 2-bed | 1,543 sqft | AED 3.5MAED 3,504,888 · Dec 2013December 2013 |
2305, The Address Residence Sky View 1 in numbers
- Sold twice: first on 3 December 2013 for AED 4,273,888, last on 13 February 2014 for AED 4,615,799 (AED 2,717 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 189,000 to AED 218,295 a year.
- At AED 218,295 a year the gross yield on the 2014 price is 4.7%.
- 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 14 October 2024.
Questions about 2305, The Address Residence Sky View 1
What did unit 2305 last sell for?
AED 4,615,799 on 13 February 2014: AED 2,717 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,273,888 in December 2013.
What is the rent for unit 2305?
AED 218,295 a year on the contract renewed on 14 October 2024. The previous contract, from October 2023, was AED 207,900; the unit has been rented since October 2022.
How big is unit 2305?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 23rd floor of a 58-storey tower completed in 2019.
What is unit 2305 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 2305, The Address Residence Sky View 1
Starts from the last sale price (AED 4.62M, 13 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,615,799
- Deposit, UAE resident (20%)
- AED 923,160
- Deposit, non-resident (40%)
- AED 1,846,320
- Monthly over 25 years at 3.7%
- AED 18,885
Plus AED 198,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →