2-bed · 1,700 sqftThe Address Residence Sky View 2, Downtown Dubai · 25th floor · completed 2019

2505, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2505 · DLD and Ejari recordsUpdated 6 April 2025
Last soldAED 6M16 May 2023
Current rentAED 415K /yr6 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2505, The Address Residence Sky View 2

What is 2505 worth today?

Last sold for AED 6,000,000 in 2023

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6 Apr 2025RentedNew contract
AED 415,000/yr12 months · AED 246 per sqft
2 Aug 2024RentedRenewal
AED 375,000/yr12 months · AED 220 per sqft
2 Aug 2023RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
16 May 2023SoldReady
AED 6,000,000AED 3,529 per sqft
20 Oct 2022RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
16 Sep 2021RentedRenewal
AED 190,000/yr12 months · AED 112 per sqft
16 Sep 2020RentedNew contract
AED 180,000/yr12 months · AED 106 per sqft
10 Dec 2013Sold by developerOff-plan
AED 4,326,888AED 2,544 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2025.

Key facts

Type
2-bed hotel apartment
Size
1,700 sqft
Floor
25th of 51
Parking
B3-290
Developer
Emaar
Completed
2019
Last sold
AED 6M · May 2023

About 2505, The Address Residence Sky View 2

2505 is a two-bedroom hotel apartment of 1,700 sqft on the 25th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 16 May 2023 for AED 6,000,000, or AED 3,529 per sqft, 10% above the AED 3,207 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 6 April 2025, is AED 415,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 2505 over time

Sales
Unit 2505, 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 4,326,888 (AED 2,544 per sqft)Sold, May 2023: AED 6,000,000 (AED 3,529 per sqft)

2505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2505, 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, September 2020: AED 180,000 a yearRenewal, September 2021: AED 190,000 a yearNew contract, October 2022: AED 400,000 a yearNew contract, August 2023: AED 400,000 a yearRenewal, August 2024: AED 375,000 a yearNew contract, April 2025: AED 415,000 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 2505 sits

All 77 2-beds →

2505 last sold in May 2023 at AED 3,529 per sqft, 10% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,207). 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. 2505's AED 415,000 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
25012-bedAED 3.57M · Dec 2013
25023-bedAED 5.32M · Dec 2013
25032-bedAED 7.75M · Mar 2025
25043-bedAED 7.25M · Sep 2014
25063-bedAED 6.12M · Mar 2021
25071-bedAED 2.37M · Dec 2013

2505, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 10 December 2013 for AED 4,326,888, last on 16 May 2023 for AED 6,000,000 (AED 3,529 per sqft).
  • Rented since September 2020 on 6 Ejari contracts, from AED 180,000 to AED 415,000 a year.
  • At AED 415,000 a year the gross yield on the 2023 price is 6.9%.
  • 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 6 April 2025.

Questions about 2505, The Address Residence Sky View 2

What did unit 2505 last sell for?

AED 6,000,000 on 16 May 2023: AED 3,529 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,326,888 in December 2013.

What is the rent for unit 2505?

AED 415,000 a year on the contract signed on 6 April 2025. The previous contract, from August 2024, was AED 375,000; the unit has been rented since September 2020.

How big is unit 2505?

1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 25th floor of a 51-storey tower completed in 2019.

What is unit 2505 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 2505, The Address Residence Sky View 2

Starts from the last sale price (AED 6M, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →