2605, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in January 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2605, The Address Residence Sky View 2
What is 2605 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2023.
Key facts
- Type
- Hotel apartment
- Size
- 1,700 sqft
- Floor
- 26th of 51
- Parking
- B3-293
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.95M · January 2023
- Building
- The Address Residence Sky View 2
About 2605, The Address Residence Sky View 2
2605 is a hotel apartment of 1,700 sqft on the 26th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 24 January 2023 for AED 5,950,000, or AED 3,499 per sqft.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 6 November 2021, is AED 220,000 a year: a gross yield of 3.7% on the 2023 price.
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 26th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,542 sqft | AED 4.97MAED 4,971,888 · Dec 2021December 2021 | ||
| 2602 | 3-bed | 2,000 sqft | AED 6MAED 6,002,888 · Oct 2015October 2015 | ||
| 2603 | 2-bed | 1,699 sqft | AED 4.33MAED 4,334,888 · Dec 2013December 2013 | 380,000 /yr | |
| 2604 | 3-bed | 2,438 sqft | AED 12.5MAED 12,500,000 · May 2025May 2025 | ||
| 2606 | 3-bed | 1,999 sqft | AED 6MAED 6,001,888 · Dec 2015December 2015 | 550,000 /yr | |
| 2607 | 1-bed | 1,051 sqft | AED 2.37MAED 2,371,888 · Dec 2013December 2013 | 230,000 /yr |
2605, The Address Residence Sky View 2 in numbers
- Sold twice: first on 4 January 2015 for AED 4,883,888, last on 24 January 2023 for AED 5,950,000 (AED 3,499 per sqft).
- Rented since November 2020 on 2 Ejari contracts, from AED 200,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2023 price is 3.7%.
Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2023.
Questions about 2605, The Address Residence Sky View 2
What did unit 2605 last sell for?
AED 5,950,000 on 24 January 2023: AED 3,499 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,883,888 in January 2015.
What is the rent for unit 2605?
AED 220,000 a year on the contract renewed on 6 November 2021. The previous contract, from November 2020, was AED 200,000.
How big is unit 2605?
1,700 sqft (157.9 sqm): a hotel apartment on the 26th floor of a 51-storey tower completed in 2019.
What is unit 2605 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 2605, The Address Residence Sky View 2
Starts from the last sale price (AED 5.95M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,950,000
- Deposit, UAE resident (20%)
- AED 1,190,000
- Deposit, non-resident (40%)
- AED 2,380,000
- Monthly over 25 years at 3.7%
- AED 24,343
Plus AED 254,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →