2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 25th floor · completed 2019

2503, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 4.78M12 June 2014
Current rentAED 222K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, The Address Residence Sky View 1

What is 2503 worth today?

Last sold for AED 4,783,225 in 2014

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1 Aug 2026RentedRenewal
AED 222,000/yr12 months · AED 131 per sqft
1 Aug 2026RentedRenewal
AED 200,000/yr12 months · AED 118 per sqft
1 Aug 2026RentedRenewal
AED 230,000/yr12 months · AED 135 per sqft
1 Aug 2026RentedRenewal
AED 222,000/yr12 months · AED 131 per sqft
1 Aug 2025RentedRenewal
AED 221,760/yr12 months · AED 130 per sqft
1 Aug 2025RentedRenewal
AED 230,000/yr12 months · AED 135 per sqft
1 Aug 2025RentedRenewal
AED 221,760/yr12 months · AED 130 per sqft
1 Aug 2025RentedRenewal
AED 230,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
25th of 58
Parking
B3-30
Developer
Emaar
Completed
2019
Last sold
AED 4.78M · June 2014

About 2503, The Address Residence Sky View 1

2503 is a two-bedroom hotel apartment of 1,699 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 12 June 2014 for AED 4,783,225, or AED 2,815 per sqft, 14% above the AED 2,474 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 13 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 222,000 a year: a gross yield of 4.6% on the 2014 price.

Sales and rents for 2503 over time

Sales
Unit 2503, 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 4,289,888 (AED 2,524 per sqft)Sold, June 2014: AED 4,783,225 (AED 2,815 per sqft)

2503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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, August 2020: AED 160,000 a yearRenewal, August 2021: AED 160,000 a yearRenewal, August 2022: AED 192,000 a yearRenewal, August 2023: AED 192,000 a yearRenewal, August 2024: AED 201,600 a yearRenewal, August 2025: AED 221,760 a yearRenewal, August 2025: AED 230,000 a yearRenewal, August 2025: AED 221,760 a yearRenewal, August 2025: AED 230,000 a yearRenewal, August 2026: AED 222,000 a yearRenewal, August 2026: AED 200,000 a yearRenewal, August 2026: AED 230,000 a yearRenewal, August 2026: AED 222,000 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 2503 sits

All 159 2-beds →

2503 last sold in June 2014 at AED 2,815 per sqft, 14% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,474). 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. 2503's AED 222,000 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
25012-bedAED 4.1M · Mar 2023
25023-bedAED 3.7M · Feb 2020
25043-bedAED 10M · Oct 2024
25052-bedAED 4.63M · Apr 2014
25063-bedAED 7M · May 2022
25072-bedAED 3.85M · Oct 2022

2503, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,289,888, last on 12 June 2014 for AED 4,783,225 (AED 2,815 per sqft).
  • Rented since August 2020 on 13 Ejari contracts, from AED 160,000 to AED 222,000 a year.
  • At AED 222,000 a year the gross yield on the 2014 price is 4.6%.
  • 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 August 2026.

Questions about 2503, The Address Residence Sky View 1

What did unit 2503 last sell for?

AED 4,783,225 on 12 June 2014: AED 2,815 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,289,888 in December 2013.

What is the rent for unit 2503?

AED 222,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2026, was AED 200,000; the unit has been rented since August 2020.

How big is unit 2503?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 25th floor of a 58-storey tower completed in 2019.

What is unit 2503 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 2503, The Address Residence Sky View 1

Starts from the last sale price (AED 4.78M, 12 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,783,225
Deposit, UAE resident (20%)
AED 956,645
Deposit, non-resident (40%)
AED 1,913,290
Monthly over 25 years at 3.7%
AED 19,570

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