2-bed · 1,329 sqftThe Address Residence Sky View 1, Downtown Dubai · 26th floor · completed 2019

2601, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 3.85M30 January 2023
Current rentAED 300K /yr26 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, The Address Residence Sky View 1

What is 2601 worth today?

Last sold for AED 3,850,000 in 2023

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26 Mar 2025RentedNew contract
AED 300,000/yr12 months · AED 227 per sqft
26 Mar 2025RentedNew contract
AED 300,000/yr12 months · AED 227 per sqft
30 Jan 2023SoldReady
AED 3,850,000AED 2,896 per sqft
14 Sep 2021RentedRenewal
AED 171,250/yr12 months · AED 129 per sqft
14 Sep 2020RentedNew contract
AED 137,000/yr12 months · AED 103 per sqft
13 Apr 2015Sold by developerOff-plan
AED 3,517,888AED 2,646 per sqft

Source: Dubai Land Department. Updated 26 March 2025.

Key facts

Type
2-bed hotel apartment
Size
1,329 sqft
Floor
26th of 58
Parking
B3-406
Developer
Emaar
Completed
2019
Last sold
AED 3.85M · January 2023

About 2601, The Address Residence Sky View 1

2601 is a two-bedroom hotel apartment of 1,329 sqft on the 26th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 30 January 2023 for AED 3,850,000, or AED 2,896 per sqft, 5% above the AED 2,766 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 26 March 2025, is AED 300,000 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 2601 over time

Sales
Unit 2601, 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, April 2015: AED 3,517,888 (AED 2,646 per sqft)Sold, January 2023: AED 3,850,000 (AED 2,896 per sqft)

2601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2601, each contractTypical two-bed in The Address Residence Sky View 1
200K400K2020202220242026Typical 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, September 2020: AED 137,000 a yearRenewal, September 2021: AED 171,250 a yearNew contract, March 2025: AED 300,000 a yearNew contract, March 2025: AED 300,000 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 2601 sits

All 159 2-beds →

2601 last sold in January 2023 at AED 2,896 per sqft, 5% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,766). 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. 2601's AED 300,000 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
26023-bedAED 6.2M · Jun 2022
26032-bedAED 4.99M · Jan 2016
26043-bedAED 8.03M · Sep 2021
26052-bedAED 5.16M · Aug 2014
26063-bedAED 8.6M · Nov 2025
26072-bedAED 3.52M · Dec 2013

2601, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 13 April 2015 for AED 3,517,888, last on 30 January 2023 for AED 3,850,000 (AED 2,896 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 137,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2023 price is 7.8%.
  • 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 26 March 2025.

Questions about 2601, The Address Residence Sky View 1

What did unit 2601 last sell for?

AED 3,850,000 on 30 January 2023: AED 2,896 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 3,517,888 in April 2015.

What is the rent for unit 2601?

AED 300,000 a year on the contract signed on 26 March 2025. The previous contract, from March 2025, was AED 300,000; the unit has been rented since September 2020.

How big is unit 2601?

1,329 sqft (123.5 sqm): a two-bedroom hotel apartment on the 26th floor of a 58-storey tower completed in 2019.

What is unit 2601 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 2601, The Address Residence Sky View 1

Starts from the last sale price (AED 3.85M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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