2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 26th floor · completed 2019

2605, The Address Residence Sky View 1

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 5.16M17 August 2014
Current rentAED 345K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2605, The Address Residence Sky View 1

What is 2605 worth today?

Last sold for AED 5,157,465 in 2014

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25 Sep 2025RentedRenewal
AED 345,000/yr6 months · AED 203 per sqft
25 Mar 2025RentedRenewal
AED 345,000/yr6 months · AED 203 per sqft
25 Mar 2025RentedRenewal
AED 345,000/yr6 months · AED 203 per sqft
25 Mar 2024RentedRenewal
AED 340,000/yr12 months · AED 200 per sqft
25 Mar 2023RentedRenewal
AED 300,000/yr12 months · AED 177 per sqft
25 Mar 2022RentedRenewal
AED 300,000/yr12 months · AED 177 per sqft
25 Mar 2021RentedNew contract
AED 265,000/yr12 months · AED 156 per sqft
6 Jan 2021RentedNew contract
AED 195,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
26th of 58
Parking
B3-32
Developer
Emaar
Completed
2019
Last sold
AED 5.16M · August 2014

About 2605, The Address Residence Sky View 1

2605 is a two-bedroom hotel apartment of 1,699 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 17 August 2014 for AED 5,157,465, or AED 3,035 per sqft, 23% above the AED 2,475 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 345,000 a year: a gross yield of 6.7% on the 2014 price.

Sales and rents for 2605 over time

Sales
Unit 2605, 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 4,297,888 (AED 2,529 per sqft)Sold, August 2014: AED 5,157,465 (AED 3,035 per sqft)

2605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2605, 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, January 2021: AED 195,000 a yearNew contract, March 2021: AED 265,000 a yearRenewal, March 2022: AED 300,000 a yearRenewal, March 2023: AED 300,000 a yearRenewal, March 2024: AED 340,000 a yearRenewal, March 2025: AED 345,000 a yearRenewal, March 2025: AED 345,000 a yearRenewal, September 2025: AED 345,000 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 2605 sits

All 159 2-beds →

2605 last sold in August 2014 at AED 3,035 per sqft, 23% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,475). 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. 2605's AED 345,000 is in the upper 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
26012-bedAED 3.85M · Jan 2023
26023-bedAED 6.2M · Jun 2022
26032-bedAED 4.99M · Jan 2016
26043-bedAED 8.03M · Sep 2021
26063-bedAED 8.6M · Nov 2025
26072-bedAED 3.52M · Dec 2013

2605, The Address Residence Sky View 1 in numbers

  • Sold twice: first on 1 December 2013 for AED 4,297,888, last on 17 August 2014 for AED 5,157,465 (AED 3,035 per sqft).
  • Rented since January 2021 on 8 Ejari contracts, from AED 195,000 to AED 345,000 a year.
  • At AED 345,000 a year the gross yield on the 2014 price is 6.7%.
  • 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 25 September 2025.

Questions about 2605, The Address Residence Sky View 1

What did unit 2605 last sell for?

AED 5,157,465 on 17 August 2014: AED 3,035 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,297,888 in December 2013.

What is the rent for unit 2605?

AED 345,000 a year on the contract renewed on 25 September 2025. The previous contract, from March 2025, was AED 345,000; the unit has been rented since January 2021.

How big is unit 2605?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 26th floor of a 58-storey tower completed in 2019.

What is unit 2605 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 2605, The Address Residence Sky View 1

Starts from the last sale price (AED 5.16M, 17 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,157,465
Deposit, UAE resident (20%)
AED 1,031,493
Deposit, non-resident (40%)
AED 2,062,986
Monthly over 25 years at 3.7%
AED 21,101

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