4-bed · 2,279 sqftThe Address Residence Sky View 2, Downtown Dubai · 45th floor · completed 2019

4505, The Address Residence Sky View 2

Sold prices and rental history: sold 4 times, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 8M20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, The Address Residence Sky View 2

What is 4505 worth today?

Last sold for AED 8,000,000 in 2022

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20 Dec 2022SoldReady
AED 8,000,000AED 3,509 per sqft
24 Nov 2022SoldReady
AED 7,000,000AED 3,071 per sqft
10 Jun 2015SoldOff-plan
AED 5,103,888AED 2,350 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,103,888AED 2,239 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2022.

Key facts

Type
4-bed hotel apartment
Size
2,279 sqft
Floor
45th of 51
Parking
B2-79, B2-314, B2-315
Developer
Emaar
Completed
2019
Last sold
AED 8M · December 2022

About 4505, The Address Residence Sky View 2

4505 is a four-bedroom hotel apartment of 2,279 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 20 December 2022 for AED 8,000,000, or AED 3,509 per sqft, in line with the AED 3,568 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4505 over time

Sales
Unit 4505, each saleTypical four-bed in The Address Residence Sky View 2
5M10M2013201620192022Typical sale price by year: 2015 AED 6,656,388; 2016 AED 7,582,888; 2022 AED 8,600,000; 2023 AED 11,500,000Sold by developer, December 2013: AED 5,103,888 (AED 2,239 per sqft)Sold, June 2015: AED 5,103,888 (AED 2,350 per sqft)Sold, November 2022: AED 7,000,000 (AED 3,071 per sqft)Sold, December 2022: AED 8,000,000 (AED 3,509 per sqft)

4505 has sold 4 times; the dashed line is the four-bed median of each year in the building.

4-beds in The Address Residence Sky View 2, and where 4505 sits

All 11 4-beds →

4505 last sold in December 2022 at AED 3,509 per sqft, in line with what four-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,568). Over the last 12 months four-beds sold for AED 14,500,000, around AED 5,715 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Feb 202614,500,000
4 Apr 202512,500,000
5 Aug 202412,000,000
13 Oct 202311,500,000
1 4-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 →
Value
45013-bedAED 5.9M · Dec 2020
45025-bedAED 13.6M · Apr 2023
45033-bedAED 10.5M · Mar 2023
45044-bedAED 11.5M · Jun 2022

4505, The Address Residence Sky View 2 in numbers

  • Sold 4 times: first on 2 December 2013 for AED 5,103,888, last on 20 December 2022 for AED 8,000,000 (AED 3,509 per sqft).
  • Four-beds in The Address Residence Sky View 2 sold for AED 14,500,000–14,500,000 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 December 2022.

Questions about 4505, The Address Residence Sky View 2

What did unit 4505 last sell for?

AED 8,000,000 on 20 December 2022: AED 3,509 per sqft for 2,279 sqft. The unit has 4 registered sales; the first was AED 5,103,888 in December 2013.

How big is unit 4505?

2,279 sqft (211.7 sqm): a four-bedroom hotel apartment on the 45th floor of a 51-storey tower completed in 2019.

What is unit 4505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Address Residence Sky View 2 sold for AED 14,500,000 to 14,500,000 in the last 12 months, around AED 5,715 per sqft.

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Mortgage on 4505, The Address Residence Sky View 2

Starts from the last sale price (AED 8M, 20 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

Plus AED 341,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →