1705, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in April 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1705, The Address Residence Sky View 2
What is 1705 worth today?
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Source: Dubai Land Department. Updated 26 April 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,700 sqft
- Floor
- 17th of 51
- Parking
- B3-281
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.1M · April 2023
- Building
- The Address Residence Sky View 2
About 1705, The Address Residence Sky View 2
1705 is a two-bedroom hotel apartment of 1,700 sqft on the 17th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 26 April 2023 for AED 6,100,000, or AED 3,587 per sqft, 8% above the AED 3,310 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 August 2022, is AED 360,000 a year: a gross yield of 5.9% on the 2023 price.
Sales and rents for 1705 over time
1705 has sold twice; 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 2, and where 1705 sits
All 82 2-beds →1705 last sold in April 2023 at AED 3,587 per sqft, 8% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,310). Over the last 12 months two-beds sold for AED 4,400,000 to 7,200,000, around AED 3,501 per sqft, and rent for AED 251,788 to 450,000 a year. 1705's AED 360,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,542 sqft | 4,400,000 | 2,852 | ||
| 25 Mar 202625 March 2026 | 1,542 sqft | 5,200,000 | 3,371 | ||
| 23 Jan 202623 January 2026 | 1,700 sqft | 7,200,000 | 4,234 | ||
| 25 Nov 202525 November 2025 | 1,542 sqft | 5,600,000 | 3,630 |
The Address Residence Sky View 2
Building216 apartments, 1-bed to 5-bed over 51 floors in Downtown Dubai, completed in 2019 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 4,056 Down 11.1%
- Typical sale
- AED 8M
- Typical rent
- AED 408K /yr
- Typical yield
- 5.1%
Other units on the 17th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,542 sqft | AED 4.72MAED 4,723,567 · Dec 2021December 2021 | ||
| 1702 | 3-bed | 2,021 sqft | AED 9MAED 9,000,000 · Sep 2023September 2023 | 575,000 /yr | |
| 1703 | 2-bed | 1,699 sqft | AED 4.8MAED 4,802,888 · Mar 2015March 2015 | ||
| 1704 | 3-bed | 2,438 sqft | AED 5.86MAED 5,861,888 · Jun 2021June 2021 | ||
| 1706 | 3-bed | 2,021 sqft | AED 8MAED 8,000,000 · Sep 2023September 2023 | 490,000 /yr | |
| 1707 | 1-bed | 1,051 sqft | AED 3.1MAED 3,100,000 · Jun 2023June 2023 | 255,000 /yr |
1705, The Address Residence Sky View 2 in numbers
- Sold twice: first on 10 December 2013 for AED 4,262,888, last on 26 April 2023 for AED 6,100,000 (AED 3,587 per sqft).
- Rented since February 2022 on 2 Ejari contracts, from AED 440,000 to AED 360,000 a year.
- At AED 360,000 a year the gross yield on the 2023 price is 5.9%.
- Two-beds in The Address Residence Sky View 2 sold for AED 4,400,000–7,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,056 per sqft.
Source: Dubai Land Department. Updated 26 April 2023.
Questions about 1705, The Address Residence Sky View 2
What did unit 1705 last sell for?
AED 6,100,000 on 26 April 2023: AED 3,587 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,262,888 in December 2013.
What is the rent for unit 1705?
AED 360,000 a year on the contract signed on 15 August 2022. The previous contract, from February 2022, was AED 440,000.
How big is unit 1705?
1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 17th floor of a 51-storey tower completed in 2019.
What is unit 1705 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 2 sold for AED 4,400,000 to 7,200,000 in the last 12 months, around AED 3,501 per sqft.
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Mortgage on 1705, The Address Residence Sky View 2
Starts from the last sale price (AED 6.1M, 26 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,100,000
- Deposit, UAE resident (20%)
- AED 1,220,000
- Deposit, non-resident (40%)
- AED 2,440,000
- Monthly over 25 years at 3.7%
- AED 24,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →