2603, The Address Residence Sky View 1
Sold prices and rental history: sold once, by the developer in January 2016, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2603, The Address Residence Sky View 1
What is 2603 worth today?
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Source: Dubai Land Department. Updated 2 February 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,647 sqft
- Floor
- 26th of 58
- Parking
- B3-133
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.99M · January 2016
- Building
- The Address Residence Sky View 1
About 2603, The Address Residence Sky View 1
2603 is a two-bedroom hotel apartment of 1,647 sqft on the 26th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 28 January 2016 for AED 4,988,888, or AED 3,029 per sqft, 14% above the AED 2,646 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 February 2026. The current contract, renewed on 2 February 2026, is AED 375,000 a year: a gross yield of 7.5% on the 2016 price.
Sales and rents for 2603 over time
2603 has sold once; 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 2603 sits
All 159 2-beds →2603 last sold in January 2016 at AED 3,029 per sqft, 14% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,646). 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. 2603's AED 375,000 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 26th floor
All 326 units in The Address Residence Sky View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,329 sqft | AED 3.85MAED 3,850,000 · Jan 2023January 2023 | 300,000 /yr | |
| 2602 | 3-bed | 2,020 sqft | AED 6.2MAED 6,200,000 · Jun 2022June 2022 | ||
| 2604 | 3-bed | 2,427 sqft | AED 8.03MAED 8,026,452 · Sep 2021September 2021 | ||
| 2605 | 2-bed | 1,699 sqft | AED 5.16MAED 5,157,465 · Aug 2014August 2014 | 345,000 /yr | |
| 2606 | 3-bed | 2,019 sqft | AED 8.6MAED 8,600,000 · Nov 2025November 2025 | 210,000 /yr | |
| 2607 | 2-bed | 1,543 sqft | AED 3.52MAED 3,522,888 · Dec 2013December 2013 | 330,000 /yr |
2603, The Address Residence Sky View 1 in numbers
- Sold once: by Emaar on 28 January 2016 for AED 4,988,888, or AED 3,029 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 375,000 a year.
- At AED 375,000 a year the gross yield on the 2016 price is 7.5%.
- 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 2 February 2026.
Questions about 2603, The Address Residence Sky View 1
What did unit 2603 last sell for?
AED 4,988,888 on 28 January 2016, sold by the developer: AED 3,029 per sqft for 1,647 sqft. It is the only registered sale of the unit.
What is the rent for unit 2603?
AED 375,000 a year on the contract renewed on 2 February 2026.
How big is unit 2603?
1,647 sqft (153.0 sqm): a two-bedroom hotel apartment on the 26th floor of a 58-storey tower completed in 2019.
What is unit 2603 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 2603, The Address Residence Sky View 1
Starts from the last sale price (AED 4.99M, 28 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 4,988,888
- Deposit, UAE resident (20%)
- AED 997,778
- Deposit, non-resident (40%)
- AED 1,995,555
- Monthly over 25 years at 3.7%
- AED 20,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →