2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 29th floor · completed 2019

2901, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 5.2M2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, The Address Residence Sky View 2

What is 2901 worth today?

Last sold for AED 5,200,000 in 2024

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2 May 2024SoldReady
AED 5,200,000AED 3,371 per sqft
10 Dec 2013Sold by developerOff-plan
AED 3,589,888AED 2,327 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
29th of 51
Parking
B3-55
Developer
Emaar
Completed
2019
Last sold
AED 5.2M · May 2024

About 2901, The Address Residence Sky View 2

2901 is a two-bedroom hotel apartment of 1,542 sqft on the 29th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 2 May 2024 for AED 5,200,000, or AED 3,371 per sqft, in line with the AED 3,371 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2901 over time

Sales
Unit 2901, 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 3,589,888 (AED 2,327 per sqft)Sold, May 2024: AED 5,200,000 (AED 3,371 per sqft)

2901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, 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 410,000

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 2901 sits

All 77 2-beds →

2901 last sold in May 2024 at AED 3,371 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,371). 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.

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
29023-bedAED 7.05M · Aug 2022
29032-bedAED 5.4M · Sep 2022
29043-bedAED 4.5M · Mar 2018
29052-bedAED 6.5M · Jan 2023
29063-bedAED 6.04M · Jun 2020

2901, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 10 December 2013 for AED 3,589,888, last on 2 May 2024 for AED 5,200,000 (AED 3,371 per sqft).
  • 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 2 May 2024.

Questions about 2901, The Address Residence Sky View 2

What did unit 2901 last sell for?

AED 5,200,000 on 2 May 2024: AED 3,371 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 3,589,888 in December 2013.

How big is unit 2901?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 29th floor of a 51-storey tower completed in 2019.

What is unit 2901 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 2901, The Address Residence Sky View 2

Starts from the last sale price (AED 5.2M, 2 May 2024). 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 →