2405, The Address Residence Sky View 1
Sold prices and rental history: sold 5 times, last in January 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, The Address Residence Sky View 1
What is 2405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 24th of 58
- Parking
- B3-29
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.5M · January 2026
- Building
- The Address Residence Sky View 1
About 2405, The Address Residence Sky View 1
2405 is a two-bedroom hotel apartment of 1,699 sqft on the 24th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 15 January 2026 for AED 6,500,000, or AED 3,826 per sqft, 8% above the AED 3,556 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 8 April 2024, is AED 420,000 a year: a gross yield of 6.5% on the 2026 price.
Sales and rents for 2405 over time
2405 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 2405 sits
All 159 2-beds →2405 last sold in January 2026 at AED 3,826 per sqft, 8% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 3,556). 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. 2405's AED 420,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,543 sqft | 5,050,000 | 3,271 | ||
| 13 Oct 202613 October 2026 | 1,699 sqft | 7,665,888 | 4,511 | ||
| 16 Sep 202616 September 2026 | 1,699 sqft | 6,800,000 | 4,002 | ||
| 10 Aug 202610 August 2026 | 1,699 sqft | 7,000,000 | 4,119 |
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 24th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,329 sqft | AED 3.11MAED 3,107,888 · Dec 2013December 2013 | 290,000 /yr | |
| 2402 | 3-bed | 2,020 sqft | AED 9.5MAED 9,500,000 · Nov 2023November 2023 | 830,000 /yr | |
| 2403 | 2-bed | 1,699 sqft | AED 6.3MAED 6,300,000 · Nov 2023November 2023 | 242,000 /yr | |
| 2404 | 3-bed | 2,288 sqft | AED 7.28MAED 7,276,110 · Jun 2015June 2015 | ||
| 2406 | 3-bed | 2,019 sqft | AED 5.38MAED 5,382,665 · Aug 2013August 2013 | 425,000 /yr | |
| 2407 | 2-bed | 1,543 sqft | AED 2.9MAED 2,900,000 · Feb 2021February 2021 | 310,000 /yr |
2405, The Address Residence Sky View 1 in numbers
- Sold 5 times: first on 2 December 2013 for AED 4,281,888, last on 15 January 2026 for AED 6,500,000 (AED 3,826 per sqft).
- Rented since February 2023 on 2 Ejari contracts, from AED 450,000 to AED 420,000 a year.
- At AED 420,000 a year the gross yield on the 2026 price is 6.5%.
- 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 15 January 2026.
Questions about 2405, The Address Residence Sky View 1
What did unit 2405 last sell for?
AED 6,500,000 on 15 January 2026: AED 3,826 per sqft for 1,699 sqft. The unit has 5 registered sales; the first was AED 4,281,888 in December 2013.
What is the rent for unit 2405?
AED 420,000 a year on the contract signed on 8 April 2024. The previous contract, from February 2023, was AED 450,000.
How big is unit 2405?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 24th floor of a 58-storey tower completed in 2019.
What is unit 2405 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 2405? 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.
Mortgage on 2405, The Address Residence Sky View 1
Starts from the last sale price (AED 6.5M, 15 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 6,500,000
- Deposit, UAE resident (20%)
- AED 1,300,000
- Deposit, non-resident (40%)
- AED 2,600,000
- Monthly over 25 years at 3.7%
- AED 26,594
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →