2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 21st floor · completed 2019

2101, The Address Residence Sky View 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 3.09M2 December 2013
Current rentAED 330K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, The Address Residence Sky View 1

What is 2101 worth today?

Last sold for AED 3,088,888 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Nov 2024RentedNew contract
AED 330,000/yr12 months · AED 249 per sqft
10 Aug 2023RentedNew contract
AED 310,000/yr12 months · AED 234 per sqft
20 Jan 2022RentedNew contract
AED 220,000/yr12 months · AED 166 per sqft
2 Dec 2013Sold by developerOff-plan
AED 3,088,888AED 2,324 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
21st of 58
Parking
B3-7
Developer
Emaar
Completed
2019
Last sold
AED 3.09M · December 2013

About 2101, The Address Residence Sky View 1

2101 is a two-bedroom hotel apartment of 1,329 sqft on the 21st floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 2 December 2013 for AED 3,088,888, or AED 2,324 per sqft, 7% below the AED 2,497 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 22 November 2024, is AED 330,000 a year: a gross yield of 10.7% on the 2013 price.

Sales and rents for 2101 over time

Sales
Unit 2101, 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 2013: AED 3,088,888 (AED 2,324 per sqft)

2101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2101, 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, January 2022: AED 220,000 a yearNew contract, August 2023: AED 310,000 a yearNew contract, November 2024: AED 330,000 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 2101 sits

All 159 2-beds →

2101 last sold in December 2013 at AED 2,324 per sqft, 7% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,497). 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. 2101's AED 330,000 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
21023-bedAED 8.3M · Jan 2025
21032-bedAED 6.8M · Sep 2026
21043-bedAED 5.79M · Dec 2013
21052-bedAED 4.65M · Oct 2022
21063-bedAED 5.2M · Dec 2013
21072-bedAED 3.49M · Dec 2013

2101, The Address Residence Sky View 1 in numbers

  • Sold once: by Emaar on 2 December 2013 for AED 3,088,888, or AED 2,324 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 220,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2013 price is 10.7%.
  • 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 22 November 2024.

Questions about 2101, The Address Residence Sky View 1

What did unit 2101 last sell for?

AED 3,088,888 on 2 December 2013, sold by the developer: AED 2,324 per sqft for 1,329 sqft. It is the only registered sale of the unit.

What is the rent for unit 2101?

AED 330,000 a year on the contract signed on 22 November 2024. The previous contract, from August 2023, was AED 310,000; the unit has been rented since January 2022.

How big is unit 2101?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 21st floor of a 58-storey tower completed in 2019.

What is unit 2101 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.

Selling 2101? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2101, The Address Residence Sky View 1

Starts from the last sale price (AED 3.09M, 2 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,088,888
Deposit, UAE resident (20%)
AED 617,778
Deposit, non-resident (40%)
AED 1,235,555
Monthly over 25 years at 3.7%
AED 12,638

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