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3-bed · 2,021 sqftThe Address Residence Sky View 2, Downtown Dubai · 30th floor · completed 2019

3002, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in February 2022, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 6.7M17 February 2022
Current rentAED 495K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, The Address Residence Sky View 2

What is 3002 worth today?

Last sold for AED 6,700,000 in 2022

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15 May 2023RentedNew contract
AED 495,000/yr12 months · AED 246 per sqft
17 Feb 2022SoldReady
AED 6,700,000AED 3,314 per sqft
10 Dec 2020SoldReady
AED 4,200,000AED 2,077 per sqft
1 Feb 2016Sold by developerOff-plan
AED 6,045,888AED 3,023 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2023.

Key facts

Type
3-bed hotel apartment
Size
2,021 sqft
Floor
30th of 51
Parking
B1-221, B1-209, B1-210
Developer
Emaar
Completed
2019
Last sold
AED 6.7M · February 2022
Building
The Address Residence Sky View 2

About 3002, The Address Residence Sky View 2

3002 is a three-bedroom hotel apartment of 2,021 sqft on the 30th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 17 February 2022 for AED 6,700,000, or AED 3,314 per sqft, 17% above the AED 2,842 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2023. The current contract, signed on 15 May 2023, is AED 495,000 a year: a gross yield of 7.4% on the 2022 price.

Sales and rents for 3002 over time

Sales
Unit 3002, each saleTypical three-bed in The Address Residence Sky View 2
5M10M2013201720212025Typical sale price by year: 2013 AED 5,478,888; 2014 AED 6,639,896; 2015 AED 6,002,388; 2016 AED 6,045,888; 2017 AED 6,071,888; 2018 AED 5,140,944; 2019 AED 5,781,888; 2020 AED 4,700,000; 2021 AED 6,300,000; 2022 AED 6,700,000; 2023 AED 8,500,000; 2024 AED 9,900,000; 2025 AED 11,350,000Sold by developer, February 2016: AED 6,045,888 (AED 3,023 per sqft)Sold, December 2020: AED 4,200,000 (AED 2,077 per sqft)Sold, February 2022: AED 6,700,000 (AED 3,314 per sqft)

3002 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3002, each contractTypical three-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 240,000; 2021 AED 380,000; 2022 AED 450,000; 2023 AED 528,000; 2024 AED 520,000; 2025 AED 545,000New contract, May 2023: AED 495,000 a year

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 3002 sits

All 87 3-beds →

3002 last sold in February 2022 at AED 3,314 per sqft, 17% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,842). Over the last 12 months three-beds sold for AED 12,000,000, around AED 4,935 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 202512,000,000
24 Jul 202511,800,000
8 May 20258,400,000
1 May 202512,500,000
1 3-bed sale 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 →

Other units on the 30th floor

All 216 units in The Address Residence Sky View 2
Value
30012-bedAED 3.6M · Dec 2013
30032-bedAED 5.5M · Jun 2022
30043-bedAED 11.5M · Dec 2024
30052-bedAED 4.8M · Jan 2014
30063-bedAED 6.05M · Oct 2015
30071-bedAED 2.65M · Jan 2022

3002, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 1 February 2016 for AED 6,045,888, last on 17 February 2022 for AED 6,700,000 (AED 3,314 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 495,000 a year.
  • At AED 495,000 a year the gross yield on the 2022 price is 7.4%.
  • 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 15 May 2023.

Questions about 3002, The Address Residence Sky View 2

What did unit 3002 last sell for?

AED 6,700,000 on 17 February 2022: AED 3,314 per sqft for 2,021 sqft. The unit has 3 registered sales; the first was AED 6,045,888 in February 2016.

What is the rent for unit 3002?

AED 495,000 a year on the contract signed on 15 May 2023.

How big is unit 3002?

2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 30th floor of a 51-storey tower completed in 2019.

What is unit 3002 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 3002, The Address Residence Sky View 2

Starts from the last sale price (AED 6.7M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,700,000
Deposit, UAE resident (20%)
AED 1,340,000
Deposit, non-resident (40%)
AED 2,680,000
Monthly over 25 years at 3.7%
AED 27,412

Plus AED 286,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →