2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 25th floor · completed 2019

2501, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 4.1M2 March 2023
Current rentAED 210K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, The Address Residence Sky View 1

What is 2501 worth today?

Last sold for AED 4,100,000 in 2023

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1 Feb 2026RentedRenewal
AED 209,700/yr3 months · AED 158 per sqft
1 Feb 2025RentedNew contract
AED 200,000/yr12 months · AED 151 per sqft
1 Feb 2025RentedNew contract
AED 200,000/yr12 months · AED 151 per sqft
2 Mar 2023SoldReady
AED 4,100,000AED 3,084 per sqft
28 Jan 2016Sold by developerOff-plan
AED 3,511,888AED 2,642 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
25th of 58
Parking
B3-407
Developer
Emaar
Completed
2019
Last sold
AED 4.1M · March 2023

About 2501, The Address Residence Sky View 1

2501 is a two-bedroom hotel apartment of 1,329 sqft on the 25th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 2 March 2023 for AED 4,100,000, or AED 3,084 per sqft, 5% above the AED 2,942 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 209,700 a year: a gross yield of 5.1% on the 2023 price.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, January 2016: AED 3,511,888 (AED 2,642 per sqft)Sold, March 2023: AED 4,100,000 (AED 3,084 per sqft)

2501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2501, 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, February 2025: AED 200,000 a yearNew contract, February 2025: AED 200,000 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 2501 sits

All 159 2-beds →

2501 last sold in March 2023 at AED 3,084 per sqft, 5% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,942). 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. 2501'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
25023-bedAED 3.7M · Feb 2020
25032-bedAED 4.78M · Jun 2014
25043-bedAED 10M · Oct 2024
25052-bedAED 4.63M · Apr 2014
25063-bedAED 7M · May 2022
25072-bedAED 3.85M · Oct 2022

2501, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 28 January 2016 for AED 3,511,888, last on 2 March 2023 for AED 4,100,000 (AED 3,084 per sqft).
  • Rented since February 2025 on 3 Ejari contracts, from AED 200,000 to AED 209,700 a year.
  • At AED 209,700 a year the gross yield on the 2023 price is 5.1%.
  • 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 2501, The Address Residence Sky View 1

What did unit 2501 last sell for?

AED 4,100,000 on 2 March 2023: AED 3,084 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,511,888 in January 2016.

What is the rent for unit 2501?

AED 209,700 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 200,000; the unit has been rented since February 2025.

How big is unit 2501?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 25th floor of a 58-storey tower completed in 2019.

What is unit 2501 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 2501, The Address Residence Sky View 1

Starts from the last sale price (AED 4.1M, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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