2204, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2204, The Address Residence Sky View 1
What is 2204 worth today?
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Source: Dubai Land Department. Updated 22 September 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,288 sqft
- Floor
- 22nd of 58
- Parking
- B2-147, B2-146
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.16M · December 2015
- Building
- The Address Residence Sky View 1
About 2204, The Address Residence Sky View 1
2204 is a three-bedroom hotel apartment of 2,288 sqft on the 22nd 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 9 December 2015 for AED 6,156,888, or AED 2,690 per sqft, 5% below the AED 2,819 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 22 September 2023, is AED 530,000 a year: a gross yield of 8.6% on the 2015 price.
Sales and rents for 2204 over time
2204 has sold once; the dashed line is the three-bed median of each year in the building.
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 2204 sits
All 121 3-beds →2204 last sold in December 2015 at AED 2,690 per sqft, 5% below what three-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,819). 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. 2204's AED 530,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 2,020 sqft | 8,200,000 | 4,059 | ||
| 4 May 20264 May 2026 | 2,020 sqft | 6,500,000 | 3,218 | ||
| 18 Mar 202618 March 2026 | 2,134 sqft | 6,000,000 | 2,811 | ||
| 27 Jan 202627 January 2026 | 2,428 sqft | 12,800,000 | 5,272 |
The Address Residence Sky View 1
Building326 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%
Other units on the 22nd floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,329 sqft | AED 3.1MAED 3,095,888 · Dec 2013December 2013 | ||
| 2202 | 3-bed | 2,020 sqft | AED 4.2MAED 4,200,000 · Nov 2020November 2020 | 450,000 /yr | |
| 2203 | 2-bed | 1,699 sqft | AED 4.3MAED 4,300,000 · Aug 2021August 2021 | ||
| 2205 | 2-bed | 1,699 sqft | AED 4.56MAED 4,564,500 · Feb 2014February 2014 | 410,000 /yr | |
| 2206 | 3-bed | 2,019 sqft | AED 7.83MAED 7,825,000 · Aug 2024August 2024 | 505,000 /yr | |
| 2207 | 2-bed | 1,543 sqft | AED 2.45MAED 2,450,000 · Nov 2020November 2020 |
2204, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 9 December 2015 for AED 6,156,888, or AED 2,690 per sqft.
- Rented since September 2020 on 4 Ejari contracts, from AED 270,000 to AED 530,000 a year.
- At AED 530,000 a year the gross yield on the 2015 price is 8.6%.
- 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 22 September 2023.
Questions about 2204, The Address Residence Sky View 1
What did unit 2204 last sell for?
AED 6,156,888 on 9 December 2015, sold by the developer: AED 2,690 per sqft for 2,288 sqft. It is the only registered sale of the unit.
What is the rent for unit 2204?
AED 530,000 a year on the contract renewed on 22 September 2023. The previous contract, from September 2022, was AED 530,000; the unit has been rented since September 2020.
How big is unit 2204?
2,288 sqft (212.6 sqm): a three-bedroom hotel apartment on the 22nd floor of a 58-storey tower completed in 2019.
What is unit 2204 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 2204, The Address Residence Sky View 1
Starts from the last sale price (AED 6.16M, 9 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 6,156,888
- Deposit, UAE resident (20%)
- AED 1,231,378
- Deposit, non-resident (40%)
- AED 2,462,755
- Monthly over 25 years at 3.7%
- AED 25,190
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →