2-bed · 1,699 sqftThe Address Residence Sky View 2, Downtown Dubai · 24th floor · completed 2019

2403, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in November 2021, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 14 June 2025
Last soldAED 5.2M25 November 2021
Current rentAED 380K /yr14 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, The Address Residence Sky View 2

What is 2403 worth today?

Last sold for AED 5,200,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Jun 2025RentedNew contract
AED 380,000/yr12 months · AED 225 per sqft
25 Nov 2021SoldReady
AED 5,200,000AED 3,059 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,318,888AED 2,541 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
24th of 51
Parking
B3-305
Developer
Emaar
Completed
2019
Last sold
AED 5.2M · November 2021

About 2403, The Address Residence Sky View 2

2403 is a two-bedroom hotel apartment of 1,699 sqft on the 24th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 November 2021 for AED 5,200,000, or AED 3,059 per sqft, 30% above the AED 2,352 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 June 2025. The current contract, signed on 14 June 2025, is AED 380,000 a year: a gross yield of 7.3% on the 2021 price.

Sales and rents for 2403 over time

Sales
Unit 2403, 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 4,318,888 (AED 2,541 per sqft)Sold, November 2021: AED 5,200,000 (AED 3,059 per sqft)

2403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, 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, June 2025: AED 380,000 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 2403 sits

All 77 2-beds →

2403 last sold in November 2021 at AED 3,059 per sqft, 30% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,352). 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. 2403's AED 380,000 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
24012-bedAED 4.35M · May 2023
24023-bedAED 5.98M · Apr 2016
24043-bedAED 5.93M · Dec 2013
24052-bedAED 3M · Oct 2018
24063-bedAED 5.98M · Jan 2018
24071-bedAED 2.65M · Jul 2022

2403, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,318,888, last on 25 November 2021 for AED 5,200,000 (AED 3,059 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 380,000 a year.
  • At AED 380,000 a year the gross yield on the 2021 price is 7.3%.
  • 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 14 June 2025.

Questions about 2403, The Address Residence Sky View 2

What did unit 2403 last sell for?

AED 5,200,000 on 25 November 2021: AED 3,059 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,318,888 in December 2013.

What is the rent for unit 2403?

AED 380,000 a year on the contract signed on 14 June 2025.

How big is unit 2403?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 24th floor of a 51-storey tower completed in 2019.

What is unit 2403 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.

Selling 2403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2403, The Address Residence Sky View 2

Starts from the last sale price (AED 5.2M, 25 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

Plus AED 223,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →