2306, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in June 2015, 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 2306, The Address Residence Sky View 2
What is 2306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,999 sqft
- Floor
- 23rd of 51
- Parking
- B2-92, B2-362
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.97M · June 2015
- Building
- The Address Residence Sky View 2
About 2306, The Address Residence Sky View 2
2306 is a three-bedroom hotel apartment of 1,999 sqft on the 23rd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 24 June 2015 for AED 5,967,888, or AED 2,984 per sqft, in line with the AED 2,933 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 545,000 a year: a gross yield of 9.1% on the 2015 price.
Sales and rents for 2306 over time
2306 has sold once; 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 2, and where 2306 sits
All 87 3-beds →2306 last sold in June 2015 at AED 2,984 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,933). Over the last 12 months three-beds sold for AED 12,000,000, around AED 4,935 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 2,432 sqft | 12,000,000 | 4,935 | ||
| 24 Jul 202524 July 2025 | 2,021 sqft | 11,800,000 | 5,837 | ||
| 8 May 20258 May 2025 | 2,021 sqft | 8,400,000 | 4,155 | ||
| 1 May 20251 May 2025 | 2,438 sqft | 12,500,000 | 5,127 |
The Address Residence Sky View 2
Building216 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%
Other units on the 23rd floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,542 sqft | AED 4.85MAED 4,850,000 · Apr 2024April 2024 | 295,000 /yr | |
| 2302 | 3-bed | 2,021 sqft | AED 6.85MAED 6,850,000 · Jul 2022July 2022 | 400,000 /yr | |
| 2303 | 2-bed | 1,699 sqft | AED 4.86MAED 4,858,888 · Mar 2015March 2015 | ||
| 2304 | 3-bed | 2,438 sqft | AED 6.3MAED 6,300,000 · May 2021May 2021 | ||
| 2305 | 2-bed | 1,700 sqft | AED 6.75MAED 6,750,000 · Jun 2024June 2024 | 390,000 /yr | |
| 2307 | 1-bed | 1,051 sqft | AED 2.66MAED 2,664,888 · Dec 2014December 2014 | 200,000 /yr |
2306, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 24 June 2015 for AED 5,967,888, or AED 2,984 per sqft.
- Rented since November 2021 on 4 Ejari contracts, from AED 350,000 to AED 545,000 a year.
- At AED 545,000 a year the gross yield on the 2015 price is 9.1%.
- Three-beds in The Address Residence Sky View 2 sold for AED 12,000,000–12,000,000 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 1 July 2025.
Questions about 2306, The Address Residence Sky View 2
What did unit 2306 last sell for?
AED 5,967,888 on 24 June 2015, sold by the developer: AED 2,984 per sqft for 1,999 sqft. It is the only registered sale of the unit.
What is the rent for unit 2306?
AED 545,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 450,000; the unit has been rented since November 2021.
How big is unit 2306?
1,999 sqft (185.7 sqm): a three-bedroom hotel apartment on the 23rd floor of a 51-storey tower completed in 2019.
What is unit 2306 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 2 sold for AED 12,000,000 to 12,000,000 in the last 12 months, around AED 4,935 per sqft.
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Mortgage on 2306, The Address Residence Sky View 2
Starts from the last sale price (AED 5.97M, 24 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 5,967,888
- Deposit, UAE resident (20%)
- AED 1,193,578
- Deposit, non-resident (40%)
- AED 2,387,155
- Monthly over 25 years at 3.7%
- AED 24,416
Plus AED 255,662 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →