2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 23rd floor · completed 2019

2301, The Address Residence Sky View 1

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

Unit 2301 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2M26 July 2021
Current rentAED 210K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, The Address Residence Sky View 1

What is 2301 worth today?

Last sold for AED 2,000,000 in 2021

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1 Feb 2026RentedRenewal
AED 209,700/yr3 months · AED 158 per sqft
1 Feb 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
1 Feb 2025RentedNew contract
AED 300,000/yr12 months · AED 227 per sqft
1 Feb 2025RentedNew contract
AED 300,000/yr12 months · AED 226 per sqft
1 Feb 2025RentedNew contract
AED 300,000/yr12 months · AED 227 per sqft
18 Nov 2023RentedNew contract
AED 310,000/yr12 months · AED 234 per sqft
1 Apr 2022RentedNew contract
AED 250,000/yr14 months · AED 189 per sqft
26 Jul 2021SoldReady
AED 2,000,000AED 1,504 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
23rd of 58
Parking
B3-8
Developer
Emaar
Completed
2019
Last sold
AED 2M · July 2021

About 2301, The Address Residence Sky View 1

2301 is a two-bedroom hotel apartment of 1,329 sqft on the 23rd floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 26 July 2021 for AED 2,000,000, or AED 1,504 per sqft, 21% below the AED 1,903 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 209,700 a year: a gross yield of 10.5% on the 2021 price.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical two-bed in The Address Residence Sky View 1
2.5M5M2013201720212025Typical 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 3,101,888 (AED 2,333 per sqft)Sold, July 2021: AED 2,000,000 (AED 1,504 per sqft)

2301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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, November 2020: AED 150,000 a yearNew contract, April 2022: AED 250,000 a yearNew contract, November 2023: AED 310,000 a yearNew contract, February 2025: AED 300,000 a yearNew contract, February 2025: AED 300,000 a yearNew contract, February 2025: AED 300,000 a yearNew contract, February 2025: AED 300,000 a yearRenewal, February 2026: AED 209,700 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 2301 sits

All 159 2-beds →

2301 last sold in July 2021 at AED 1,504 per sqft, 21% below what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 1,903). 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. 2301's AED 209,700 is in the lower 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
23023-bedAED 6.6M · Mar 2022
23032-bedAED 5.4M · Feb 2023
23043-bedAED 7.6M · Dec 2022
23052-bedAED 4.62M · Feb 2014
23063-bedAED 8.7M · Jan 2026
23072-bedAED 3.5M · Dec 2013

2301, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 3 December 2013 for AED 3,101,888, last on 26 July 2021 for AED 2,000,000 (AED 1,504 per sqft).
  • Rented since November 2020 on 8 Ejari contracts, from AED 150,000 to AED 209,700 a year.
  • At AED 209,700 a year the gross yield on the 2021 price is 10.5%.
  • 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 1 February 2026.

Questions about 2301, The Address Residence Sky View 1

What did unit 2301 last sell for?

AED 2,000,000 on 26 July 2021: AED 1,504 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,101,888 in December 2013.

What is the rent for unit 2301?

AED 209,700 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 300,000; the unit has been rented since November 2020.

How big is unit 2301?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 23rd floor of a 58-storey tower completed in 2019.

What is unit 2301 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 2301, The Address Residence Sky View 1

Starts from the last sale price (AED 2M, 26 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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