2-bed · 1,699 sqftThe Address Residence Sky View 1, Downtown Dubai · 28th floor · completed 2019

2803, The Address Residence Sky View 1

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 5M25 October 2022
Current rentAED 363K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, The Address Residence Sky View 1

What is 2803 worth today?

Last sold for AED 5,000,000 in 2022

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1 Nov 2026RentedNew contract
AED 363,000/yr12 months · AED 214 per sqft
1 Nov 2025RentedNew contract
AED 363,000/yr12 months · AED 213 per sqft
1 Nov 2025RentedRenewal
AED 363,000/yr12 months · AED 213 per sqft
1 Nov 2024RentedRenewal
AED 363,000/yr12 months · AED 213 per sqft
1 Nov 2023RentedNew contract
AED 363,000/yr12 months · AED 213 per sqft
25 Oct 2022SoldReady
AED 5,000,000AED 2,942 per sqft
17 Aug 2022RentedNew contract
AED 330,000/yr12 months · AED 194 per sqft
17 Feb 2021RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
28th of 58
Parking
B3-250
Developer
Emaar
Completed
2019
Last sold
AED 5M · October 2022

About 2803, The Address Residence Sky View 1

2803 is a two-bedroom hotel apartment of 1,699 sqft on the 28th floor of The Address Residence Sky View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 October 2022 for AED 5,000,000, or AED 2,942 per sqft, 10% above the AED 2,663 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 1 November 2026, is AED 363,000 a year: a gross yield of 7.3% on the 2022 price.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, October 2013: AED 4,313,888 (AED 2,538 per sqft)Sold, April 2014: AED 4,745,276 (AED 2,792 per sqft)Sold, October 2022: AED 5,000,000 (AED 2,942 per sqft)

2803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, 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, December 2020: AED 195,000 a yearNew contract, February 2021: AED 220,000 a yearNew contract, August 2022: AED 330,000 a yearNew contract, November 2023: AED 363,000 a yearRenewal, November 2024: AED 363,000 a yearNew contract, November 2025: AED 363,000 a yearRenewal, November 2025: AED 363,000 a yearNew contract, November 2026: AED 363,000 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 2803 sits

All 159 2-beds →

2803 last sold in October 2022 at AED 2,942 per sqft, 10% above what two-beds in The Address Residence Sky View 1 were fetching at the time (AED 2,663). 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. 2803's AED 363,000 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
28012-bedAED 5M · Oct 2025
28023-bedAED 6M · Oct 2021
28043-bedAED 8M · Mar 2024
28052-bedAED 7.9M · Oct 2024
28063-bedAED 4.5M · Oct 2020
28072-bedAED 4.5M · May 2023

2803, The Address Residence Sky View 1 in numbers

  • Sold 3 times: first on 2 October 2013 for AED 4,313,888, last on 25 October 2022 for AED 5,000,000 (AED 2,942 per sqft).
  • Rented since December 2020 on 8 Ejari contracts, from AED 195,000 to AED 363,000 a year.
  • At AED 363,000 a year the gross yield on the 2022 price is 7.3%.
  • 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 November 2026.

Questions about 2803, The Address Residence Sky View 1

What did unit 2803 last sell for?

AED 5,000,000 on 25 October 2022: AED 2,942 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,313,888 in October 2013.

What is the rent for unit 2803?

AED 363,000 a year on the contract signed on 1 November 2026. The previous contract, from November 2025, was AED 363,000; the unit has been rented since December 2020.

How big is unit 2803?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 28th floor of a 58-storey tower completed in 2019.

What is unit 2803 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 2803, The Address Residence Sky View 1

Starts from the last sale price (AED 5M, 25 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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