598,168 sqftThe Address Residence Sky View 2, Downtown Dubai · completed 2019

HOTEL, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HOTEL · DLD and Ejari recordsUpdated 26 May 2021
Last soldAED 330M26 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HOTEL, The Address Residence Sky View 2

What is HOTEL worth today?

Last sold for AED 330,000,000 in 2021

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26 May 2021Sold by developerReady
AED 330,000,000AED 551 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 May 2021.

Key facts

Type
Hotel apartment
Size
598,168 sqft
Parking
B1-01 TO B1-19, B1-22 TO B1-37, B1-80 TO B1-108, B1-144, B1-145, B1-158 TO B1-163, B1-166 TO B1-168, B1-179 TO B1-183, B1-196 TO B1-203, B1-243 TO B1-270, B1-280 TO B1-372, L1-01 TO L1-62
Developer
Emaar
Completed
2019
Last sold
AED 330M · May 2021

About HOTEL, The Address Residence Sky View 2

HOTEL is a hotel apartment of 598,168 sqft of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 26 May 2021 for AED 330,000,000, or AED 551 per sqft.

No rental contract for the unit is registered on Ejari.

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 →

HOTEL, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 26 May 2021 for AED 330,000,000, or AED 551 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 May 2021.

Questions about HOTEL, The Address Residence Sky View 2

What did unit HOTEL last sell for?

AED 330,000,000 on 26 May 2021, sold by the developer: AED 551 per sqft for 598,168 sqft. It is the only registered sale of the unit.

How big is unit HOTEL?

598,168 sqft (55571.7 sqm): a hotel apartment of a 51-storey tower completed in 2019.

What is unit HOTEL worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on HOTEL, The Address Residence Sky View 2

Starts from the last sale price (AED 330M, 26 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 330,000,000
Deposit, UAE resident (20%)
AED 66,000,000
Deposit, non-resident (40%)
AED 132,000,000
Monthly over 25 years at 3.7%
AED 1,350,132

Plus AED 13,865,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →