4002, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4002, The Address Residence Sky View 2
What is 4002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,021 sqft
- Floor
- 40th of 51
- Parking
- B3-34, B3-252, B3-253
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.47M · December 2013
- Building
- The Address Residence Sky View 2
About 4002, The Address Residence Sky View 2
4002 is a three-bedroom hotel apartment of 2,021 sqft on the 40th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 2 December 2013 for AED 5,468,888, or AED 2,705 per sqft, 5% above the AED 2,583 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 August 2024, is AED 520,000 a year: a gross yield of 9.5% on the 2013 price.
Sales and rents for 4002 over time
4002 has sold once; the dashed line is the three-bed median of each year in the building.
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 4002 sits
All 87 3-beds →4002 last sold in December 2013 at AED 2,705 per sqft, 5% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,583). Over the last 12 months three-beds sold for AED 12,000,000, around AED 4,935 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 2,432 sqft | 12,000,000 | 4,935 | ||
| 24 Jul 202524 July 2025 | 2,021 sqft | 11,800,000 | 5,837 | ||
| 8 May 20258 May 2025 | 2,021 sqft | 8,400,000 | 4,155 | ||
| 1 May 20251 May 2025 | 2,438 sqft | 12,500,000 | 5,127 |
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 40th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1,542 sqft | AED 5.6MAED 5,600,000 · Nov 2025November 2025 | |||
| 4003 | 2-bed | 1,699 sqft | AED 7.9MAED 7,900,000 · Mar 2024March 2024 | ||
| 4004 | 3-bed | 2,438 sqft | AED 6.09MAED 6,091,888 · Dec 2013December 2013 | ||
| 4005 | 2-bed | 1,673 sqft | AED 5.01MAED 5,010,888 · Dec 2019December 2019 | 330,000 /yr | |
| 4006 | 3-bed | 1,999 sqft | AED 6.16MAED 6,158,888 · Feb 2016February 2016 | ||
| 4007 | 1-bed | 526 sqft | AED 2.72MAED 2,722,888 · Apr 2015April 2015 | 240,000 /yr |
4002, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 2 December 2013 for AED 5,468,888, or AED 2,705 per sqft.
- Rented since October 2021 on 4 Ejari contracts, from AED 400,000 to AED 520,000 a year.
- At AED 520,000 a year the gross yield on the 2013 price is 9.5%.
- 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 20 August 2024.
Questions about 4002, The Address Residence Sky View 2
What did unit 4002 last sell for?
AED 5,468,888 on 2 December 2013, sold by the developer: AED 2,705 per sqft for 2,021 sqft. It is the only registered sale of the unit.
What is the rent for unit 4002?
AED 520,000 a year on the contract signed on 20 August 2024. The previous contract, from October 2023, was AED 504,000; the unit has been rented since October 2021.
How big is unit 4002?
2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 40th floor of a 51-storey tower completed in 2019.
What is unit 4002 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 4002, The Address Residence Sky View 2
Starts from the last sale price (AED 5.47M, 2 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 5,468,888
- Deposit, UAE resident (20%)
- AED 1,093,778
- Deposit, non-resident (40%)
- AED 2,187,555
- Monthly over 25 years at 3.7%
- AED 22,375
Plus AED 234,704 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →