3-bed · 2,020 sqftThe Address Residence Sky View 1, Downtown Dubai · 20th floor · completed 2019

2002, The Address Residence Sky View 1

Sold prices and rental history: sold 4 times, last in May 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 9 May 2025
Last soldAED 8M9 May 2025
Current rentAED 600K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, The Address Residence Sky View 1

What is 2002 worth today?

Last sold for AED 8,000,000 in 2025

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9 May 2025SoldReady
AED 8,000,000AED 3,960 per sqft
4 Jul 2023RentedNew contract
AED 600,000/yr12 months · AED 296 per sqft
20 May 2023RentedNew contract
AED 600,000/yr12 months · AED 296 per sqft
1 Feb 2021RentedNew contract
AED 260,000/yr12 months · AED 128 per sqft
5 May 2019SoldOff-plan
AED 5,000,000AED 2,501 per sqft
29 May 2017SoldOff-plan
AED 5,185,888AED 2,594 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,185,888AED 2,567 per sqft

Source: Dubai Land Department. Updated 9 May 2025.

Key facts

Type
3-bed hotel apartment
Size
2,020 sqft
Floor
20th of 58
Parking
B3-267, B3-383, B3-384
Developer
Emaar
Completed
2019
Last sold
AED 8M · May 2025

About 2002, The Address Residence Sky View 1

2002 is a three-bedroom hotel apartment of 2,020 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 9 May 2025 for AED 8,000,000, or AED 3,960 per sqft, in line with the AED 4,072 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 4 July 2023, is AED 600,000 a year: a gross yield of 7.5% on the 2025 price.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical three-bed in The Address Residence Sky View 1
4M6M8M2013201720212025Typical sale price by year: 2013 AED 5,365,888; 2014 AED 5,935,476; 2015 AED 6,181,388; 2016 AED 5,602,682; 2017 AED 4,793,300; 2018 AED 6,394,559; 2019 AED 6,121,888; 2020 AED 4,300,000; 2021 AED 5,800,000; 2022 AED 6,200,000; 2023 AED 7,350,000; 2024 AED 8,600,000; 2025 AED 8,599,996; 2026 AED 8,200,000Sold by developer, December 2013: AED 5,185,888 (AED 2,567 per sqft)Sold, May 2017: AED 5,185,888 (AED 2,594 per sqft)Sold, May 2019: AED 5,000,000 (AED 2,501 per sqft)Sold, May 2025: AED 8,000,000 (AED 3,960 per sqft)

2002 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2002, each contractTypical three-bed in The Address Residence Sky View 1
200K400K600K2020202220242026Typical rent by year: 2020 AED 225,000; 2021 AED 280,000; 2022 AED 450,000; 2023 AED 527,500; 2024 AED 537,880; 2025 AED 550,000; 2026 AED 450,000New contract, February 2021: AED 260,000 a yearNew contract, May 2023: AED 600,000 a yearNew contract, July 2023: AED 600,000 a year

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 1, and where 2002 sits

All 121 3-beds →

2002 last sold in May 2025 at AED 3,960 per sqft, in line with what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 4,072). Over the last 12 months three-beds sold for AED 6,000,000 to 12,800,000, around AED 4,257 per sqft, and rent for AED 300,000 to 655,000 a year. 2002's AED 600,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jun 20268,200,000
4 May 20266,500,000
18 Mar 20266,000,000
27 Jan 202612,800,000
7 3-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
20012-bedAED 2.7M · Sep 2021
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

2002, The Address Residence Sky View 1 in numbers

  • Sold 4 times: first on 2 December 2013 for AED 5,185,888, last on 9 May 2025 for AED 8,000,000 (AED 3,960 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 260,000 to AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2025 price is 7.5%.
  • Three-beds in The Address Residence Sky View 1 sold for AED 6,000,000–12,800,000 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 9 May 2025.

Questions about 2002, The Address Residence Sky View 1

What did unit 2002 last sell for?

AED 8,000,000 on 9 May 2025: AED 3,960 per sqft for 2,020 sqft. The unit has 4 registered sales; the first was AED 5,185,888 in December 2013.

What is the rent for unit 2002?

AED 600,000 a year on the contract signed on 4 July 2023. The previous contract, from May 2023, was AED 600,000; the unit has been rented since February 2021.

How big is unit 2002?

2,020 sqft (187.7 sqm): a three-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.

What is unit 2002 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 1 sold for AED 6,000,000 to 12,800,000 in the last 12 months, around AED 4,257 per sqft.

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Mortgage on 2002, The Address Residence Sky View 1

Starts from the last sale price (AED 8M, 9 May 2025). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →