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3-bed · 2,432 sqftThe Address Residence Sky View 2, Downtown Dubai · 45th floor · completed 2019

4503, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4503 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 10.5M3 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4503, The Address Residence Sky View 2

What is 4503 worth today?

Last sold for AED 10,500,000 in 2023

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3 Mar 2023SoldReady
AED 10,500,000AED 4,318 per sqft
20 Jan 2015SoldOff-plan
AED 7,731,261AED 3,179 per sqft
2 Dec 2013Sold by developerOff-plan
AED 6,234,888AED 2,564 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2023.

Key facts

Type
3-bed hotel apartment
Size
2,432 sqft
Floor
45th of 51
Parking
B2-254, B2-253
Developer
Emaar
Completed
2019
Last sold
AED 10.5M · March 2023
Building
The Address Residence Sky View 2

About 4503, The Address Residence Sky View 2

4503 is a three-bedroom hotel apartment of 2,432 sqft on the 45th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 3 March 2023 for AED 10,500,000, or AED 4,318 per sqft, 33% above the AED 3,248 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4503 over time

Sales
Unit 4503, 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, December 2013: AED 6,234,888 (AED 2,564 per sqft)Sold, January 2015: AED 7,731,261 (AED 3,179 per sqft)Sold, March 2023: AED 10,500,000 (AED 4,318 per sqft)

4503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4503, 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 545,000

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 4503 sits

All 87 3-beds →

4503 last sold in March 2023 at AED 4,318 per sqft, 33% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,248). 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 45th floor

All 216 units in The Address Residence Sky View 2
Value
45013-bedAED 5.9M · Dec 2020
45025-bedAED 13.6M · Apr 2023
45044-bedAED 11.5M · Jun 2022
45054-bedAED 8M · Dec 2022

4503, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 6,234,888, last on 3 March 2023 for AED 10,500,000 (AED 4,318 per sqft).
  • 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 3 March 2023.

Questions about 4503, The Address Residence Sky View 2

What did unit 4503 last sell for?

AED 10,500,000 on 3 March 2023: AED 4,318 per sqft for 2,432 sqft. The unit has 3 registered sales; the first was AED 6,234,888 in December 2013.

How big is unit 4503?

2,432 sqft (225.9 sqm): a three-bedroom hotel apartment on the 45th floor of a 51-storey tower completed in 2019.

What is unit 4503 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 4503, The Address Residence Sky View 2

Starts from the last sale price (AED 10.5M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,500,000
Deposit, UAE resident (20%)
AED 2,100,000
Deposit, non-resident (40%)
AED 4,200,000
Monthly over 25 years at 3.7%
AED 42,959

Plus AED 446,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →