4-bed · 2,281 sqftThe Address Residence Sky View 2, Downtown Dubai · 46th floor · completed 2019

4605, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4605 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 5.11M2 December 2013
Current rentAED 750K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4605, The Address Residence Sky View 2

What is 4605 worth today?

Last sold for AED 5,110,888 in 2013

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12 Jul 2024RentedNew contract
AED 750,000/yr12 months · AED 329 per sqft
21 Oct 2020RentedNew contract
AED 365,000/yr12 months · AED 160 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,110,888AED 2,240 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2024.

Key facts

Type
4-bed hotel apartment
Size
2,281 sqft
Floor
46th of 51
Parking
B2-85, B2-325, B2-326
Developer
Emaar
Completed
2019
Last sold
AED 5.11M · December 2013

About 4605, The Address Residence Sky View 2

4605 is a four-bedroom hotel apartment of 2,281 sqft on the 46th 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 5,110,888, or AED 2,240 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 12 July 2024, is AED 750,000 a year: a gross yield of 14.7% on the 2013 price.

Sales and rents for 4605 over time

Sales
Unit 4605, 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 5,110,888 (AED 2,240 per sqft)

4605 has sold once; 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 4605 sits

All 11 4-beds →

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
46013-bedAED 5.78M · Aug 2019
46025-bedAED 8M · Jan 2023
46033-bedAED 11.8M · Jun 2023
46044-bedAED 14.5M · Feb 2026

4605, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 2 December 2013 for AED 5,110,888, or AED 2,240 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, from AED 365,000 to AED 750,000 a year.
  • At AED 750,000 a year the gross yield on the 2013 price is 14.7%.
  • 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 12 July 2024.

Questions about 4605, The Address Residence Sky View 2

What did unit 4605 last sell for?

AED 5,110,888 on 2 December 2013, sold by the developer: AED 2,240 per sqft for 2,281 sqft. It is the only registered sale of the unit.

What is the rent for unit 4605?

AED 750,000 a year on the contract signed on 12 July 2024. The previous contract, from October 2020, was AED 365,000.

How big is unit 4605?

2,281 sqft (211.9 sqm): a four-bedroom hotel apartment on the 46th floor of a 51-storey tower completed in 2019.

What is unit 4605 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 4605, The Address Residence Sky View 2

Starts from the last sale price (AED 5.11M, 2 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,110,888
Deposit, UAE resident (20%)
AED 1,022,178
Deposit, non-resident (40%)
AED 2,044,355
Monthly over 25 years at 3.7%
AED 20,910

Plus AED 219,668 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →