2,019 sqftThe Address Residence Sky View 1, Downtown Dubai · 29th floor · completed 2019

2906, The Address Residence Sky View 1

Sold prices and rental history: sold 5 times, last in September 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 8.35M2 September 2025
Current rentAED 400K /yr14 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, The Address Residence Sky View 1

What is 2906 worth today?

Last sold for AED 8,350,000 in 2025

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2 Sep 2025SoldReady
AED 8,350,000AED 4,135 per sqft
6 Jan 2025SoldReady
AED 6,000,000AED 2,971 per sqft
14 Aug 2023RentedRenewal
AED 400,000/yr12 months · AED 198 per sqft
31 Jul 2022RentedNew contract
AED 400,000/yr12 months · AED 198 per sqft
1 Feb 2022SoldReady
AED 6,000,000AED 2,971 per sqft
3 Nov 2014SoldOff-plan
AED 5,539,684AED 2,743 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,275,888AED 2,613 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2025.

Key facts

Type
Hotel apartment
Size
2,019 sqft
Floor
29th of 58
Parking
B2-201, B2-200
Developer
Emaar
Completed
2019
Last sold
AED 8.35M · September 2025

About 2906, The Address Residence Sky View 1

2906 is a hotel apartment of 2,019 sqft on the 29th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 2 September 2025 for AED 8,350,000, or AED 4,135 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 14 August 2023, is AED 400,000 a year: a gross yield of 4.8% on the 2025 price.

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
29012-bedAED 3.14M · Dec 2013
2902AED 4.5M · Dec 2020
29032-bedAED 3.65M · Feb 2021
29043-bedAED 6.55M · May 2022
29052-bedAED 5.5M · Feb 2023
29072-bedAED 3.54M · Dec 2013

2906, The Address Residence Sky View 1 in numbers

  • Sold 5 times: first on 2 December 2013 for AED 5,275,888, last on 2 September 2025 for AED 8,350,000 (AED 4,135 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2025 price is 4.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2025.

Questions about 2906, The Address Residence Sky View 1

What did unit 2906 last sell for?

AED 8,350,000 on 2 September 2025: AED 4,135 per sqft for 2,019 sqft. The unit has 5 registered sales; the first was AED 5,275,888 in December 2013.

What is the rent for unit 2906?

AED 400,000 a year on the contract renewed on 14 August 2023. The previous contract, from July 2022, was AED 400,000.

How big is unit 2906?

2,019 sqft (187.6 sqm): a hotel apartment on the 29th floor of a 58-storey tower completed in 2019.

What is unit 2906 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2906, The Address Residence Sky View 1

Starts from the last sale price (AED 8.35M, 2 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,350,000
Deposit, UAE resident (20%)
AED 1,670,000
Deposit, non-resident (40%)
AED 3,340,000
Monthly over 25 years at 3.7%
AED 34,162

Plus AED 355,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →