2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 20th floor · completed 2019

2001, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 27 May 2025
Last soldAED 2.7M7 September 2021
Current rentAED 320K /yr27 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, The Address Residence Sky View 1

What is 2001 worth today?

Last sold for AED 2,700,000 in 2021

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27 May 2025RentedNew contract
AED 320,000/yr12 months · AED 241 per sqft
27 May 2025RentedNew contract
AED 320,000/yr12 months · AED 241 per sqft
1 May 2024RentedNew contract
AED 285,000/yr12 months · AED 215 per sqft
5 Feb 2023RentedNew contract
AED 265,000/yr12 months · AED 199 per sqft
19 Oct 2021RentedNew contract
AED 235,000/yr12 months · AED 177 per sqft
7 Sep 2021SoldReady
AED 2,700,000AED 2,031 per sqft
14 Apr 2020RentedNew contract
AED 195,000/yr12 months · AED 147 per sqft
6 Dec 2015Sold by developerOff-plan
AED 3,476,888AED 2,616 per sqft

Source: Dubai Land Department. Updated 27 May 2025.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
20th of 58
Parking
B3-6
Developer
Emaar
Completed
2019
Last sold
AED 2.7M · September 2021

About 2001, The Address Residence Sky View 1

2001 is a two-bedroom hotel apartment of 1,329 sqft on the 20th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 7 September 2021 for AED 2,700,000, or AED 2,031 per sqft, 4% above the AED 1,947 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 27 May 2025, is AED 320,000 a year: a gross yield of 11.8% on the 2021 price.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical two-bed in The Address Residence Sky View 1
4M6M2013201720212025Typical sale price by year: 2013 AED 4,066,888; 2014 AED 4,615,799; 2015 AED 4,054,888; 2016 AED 3,943,344; 2017 AED 3,532,444; 2018 AED 3,558,888; 2019 AED 3,720,000; 2020 AED 2,737,500; 2021 AED 3,275,000; 2022 AED 4,600,000; 2023 AED 5,700,000; 2024 AED 6,550,000; 2025 AED 4,950,000; 2026 AED 6,500,000Sold by developer, December 2015: AED 3,476,888 (AED 2,616 per sqft)Sold, September 2021: AED 2,700,000 (AED 2,031 per sqft)

2001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in The Address Residence Sky View 1
200K300K400K2020202220242026Typical rent by year: 2020 AED 160,000; 2021 AED 212,500; 2022 AED 300,000; 2023 AED 339,000; 2024 AED 364,000; 2025 AED 320,000; 2026 AED 300,000New contract, April 2020: AED 195,000 a yearNew contract, October 2021: AED 235,000 a yearNew contract, February 2023: AED 265,000 a yearNew contract, May 2024: AED 285,000 a yearNew contract, May 2025: AED 320,000 a yearNew contract, May 2025: AED 320,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Residence Sky View 1, and where 2001 sits

All 159 2-beds →

2001 last sold in September 2021 at AED 2,031 per sqft, 4% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,947). Over the last 12 months two-beds sold for AED 1,800,000 to 8,525,000, around AED 3,825 per sqft, and rent for AED 190,000 to 450,000 a year. 2001's AED 320,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20265,050,000
13 Oct 20267,665,888
16 Sep 20266,800,000
10 Aug 20267,000,000
19 2-bed sales in the last 12 months

The Address Residence Sky View 1

Building

326 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 30 sold in the last 12 months.

Typical price per sqft
AED 3,825 Level
Typical sale
AED 6.5M
Typical rent
AED 300K /yr
Typical yield
5.4%
The Address Residence Sky View 1, Downtown Dubai: prices, sales and rents →
Value
20023-bedAED 8M · May 2025
20032-bedAED 6.1M · Apr 2023
20043-bedAED 6.3M · Jun 2014
20052-bedAED 4.25M · Dec 2013
20063-bedAED 5.29M · Apr 2014
20072-bedAED 3.5M · Nov 2016

2001, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 6 December 2015 for AED 3,476,888, last on 7 September 2021 for AED 2,700,000 (AED 2,031 per sqft).
  • Rented since April 2020 on 6 Ejari contracts, from AED 195,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2021 price is 11.8%.
  • Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000–8,525,000 in the 12 months to November 2026; the building's median across all types is AED 3,825 per sqft.

Source: Dubai Land Department. Updated 27 May 2025.

Questions about 2001, The Address Residence Sky View 1

What did unit 2001 last sell for?

AED 2,700,000 on 7 September 2021: AED 2,031 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,476,888 in December 2015.

What is the rent for unit 2001?

AED 320,000 a year on the contract signed on 27 May 2025. The previous contract, from May 2025, was AED 320,000; the unit has been rented since April 2020.

How big is unit 2001?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.

What is unit 2001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 1 sold for AED 1,800,000 to 8,525,000 in the last 12 months, around AED 3,825 per sqft.

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Mortgage on 2001, The Address Residence Sky View 1

Starts from the last sale price (AED 2.7M, 7 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →