2-bed · 1,700 sqftThe Address Residence Sky View 2, Downtown Dubai · 23rd floor · completed 2019

2305, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 6.75M27 June 2024
Current rentAED 390K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, The Address Residence Sky View 2

What is 2305 worth today?

Last sold for AED 6,750,000 in 2024

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20 Jun 2025RentedNew contract
AED 390,000/yr12 months · AED 229 per sqft
27 Jun 2024SoldReady
AED 6,750,000AED 3,970 per sqft
20 Jun 2024RentedNew contract
AED 365,000/yr12 months · AED 215 per sqft
5 Mar 2023RentedNew contract
AED 390,000/yr12 months · AED 229 per sqft
4 Nov 2021RentedNew contract
AED 320,000/yr12 months · AED 188 per sqft
15 Oct 2020RentedNew contract
AED 180,000/yr12 months · AED 106 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,441,888AED 2,612 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,700 sqft
Floor
23rd of 51
Parking
B3-286
Developer
Emaar
Completed
2019
Last sold
AED 6.75M · June 2024

About 2305, The Address Residence Sky View 2

2305 is a two-bedroom hotel apartment of 1,700 sqft on the 23rd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 27 June 2024 for AED 6,750,000, or AED 3,970 per sqft, 5% above the AED 3,795 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 June 2025, is AED 390,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,754,833; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,500,000; 2022 AED 5,167,500; 2023 AED 6,000,000; 2024 AED 5,200,000; 2025 AED 6,425,000Sold by developer, December 2013: AED 4,441,888 (AED 2,612 per sqft)Sold, June 2024: AED 6,750,000 (AED 3,970 per sqft)

2305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 247,500; 2022 AED 340,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 410,000New contract, October 2020: AED 180,000 a yearNew contract, November 2021: AED 320,000 a yearNew contract, March 2023: AED 390,000 a yearNew contract, June 2024: AED 365,000 a yearNew contract, June 2025: AED 390,000 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 2, and where 2305 sits

All 77 2-beds →

2305 last sold in June 2024 at AED 3,970 per sqft, 5% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,795). Over the last 12 months two-beds sold for AED 5,600,000 to 7,200,000, around AED 3,932 per sqft, and rent for AED 251,788 to 420,000 a year. 2305's AED 390,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20267,200,000
21 May 20255,100,000
28 Apr 20257,900,000
6 Mar 20257,750,000
2 2-bed sales in the last 12 months

The Address Residence Sky View 2

Building

216 apartments, 1-bed to 5-bed over 51 floors in Downtown Dubai, completed in 2019 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 4,585
Typical sale
AED 9.6M
Typical rent
AED 315K /yr
Typical yield
4.5%
The Address Residence Sky View 2, Downtown Dubai: prices, sales and rents →
Value
23012-bedAED 4.85M · Apr 2024
23023-bedAED 6.85M · Jul 2022
23032-bedAED 4.86M · Mar 2015
23043-bedAED 6.3M · May 2021
23063-bedAED 5.97M · Jun 2015
23071-bedAED 2.66M · Dec 2014

2305, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,441,888, last on 27 June 2024 for AED 6,750,000 (AED 3,970 per sqft).
  • Rented since October 2020 on 5 Ejari contracts, from AED 180,000 to AED 390,000 a year.
  • At AED 390,000 a year the gross yield on the 2024 price is 5.8%.
  • Two-beds in The Address Residence Sky View 2 sold for AED 5,600,000–7,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,585 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Questions about 2305, The Address Residence Sky View 2

What did unit 2305 last sell for?

AED 6,750,000 on 27 June 2024: AED 3,970 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,441,888 in December 2013.

What is the rent for unit 2305?

AED 390,000 a year on the contract signed on 20 June 2025. The previous contract, from June 2024, was AED 365,000; the unit has been rented since October 2020.

How big is unit 2305?

1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 23rd floor of a 51-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 2 sold for AED 5,600,000 to 7,200,000 in the last 12 months, around AED 3,932 per sqft.

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Mortgage on 2305, The Address Residence Sky View 2

Starts from the last sale price (AED 6.75M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,750,000
Deposit, UAE resident (20%)
AED 1,350,000
Deposit, non-resident (40%)
AED 2,700,000
Monthly over 25 years at 3.7%
AED 27,616

Plus AED 288,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →