3-bed · 2,021 sqftThe Address Residence Sky View 2, Downtown Dubai · 18th floor · completed 2019

1802, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 5.91M11 March 2015
Current rentAED 520K /yr24 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, The Address Residence Sky View 2

What is 1802 worth today?

Last sold for AED 5,914,888 in 2015

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24 Feb 2025RentedNew contract
AED 520,000/yr12 months · AED 257 per sqft
24 Feb 2025RentedNew contract
AED 520,000/yr12 months · AED 257 per sqft
15 Dec 2023RentedRenewal
AED 528,000/yr12 months · AED 261 per sqft
15 Dec 2022RentedNew contract
AED 480,000/yr12 months · AED 237 per sqft
10 Dec 2021RentedRenewal
AED 350,000/yr12 months · AED 173 per sqft
10 Dec 2020RentedNew contract
AED 250,000/yr12 months · AED 124 per sqft
11 Mar 2015Sold by developerOff-plan
AED 5,914,888AED 2,926 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
3-bed hotel apartment
Size
2,021 sqft
Floor
18th of 51
Parking
B2-258, B2-257
Developer
Emaar
Completed
2019
Last sold
AED 5.91M · March 2015

About 1802, The Address Residence Sky View 2

1802 is a three-bedroom hotel apartment of 2,021 sqft on the 18th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 11 March 2015 for AED 5,914,888, or AED 2,926 per sqft, in line with the AED 2,873 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 24 February 2025, is AED 520,000 a year: a gross yield of 8.8% on the 2015 price.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical three-bed in The Address Residence Sky View 2
5M10M2013201720212025Typical sale price by year: 2013 AED 5,483,888; 2014 AED 6,633,392; 2015 AED 6,002,888; 2016 AED 6,045,888; 2017 AED 6,071,888; 2018 AED 5,140,944; 2019 AED 5,781,888; 2020 AED 4,700,000; 2021 AED 6,300,000; 2022 AED 6,850,000; 2023 AED 8,500,000; 2024 AED 9,900,000; 2025 AED 11,800,000; 2026 AED 8,400,000Sold by developer, March 2015: AED 5,914,888 (AED 2,926 per sqft)

1802 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1802, each contractTypical three-bed in The Address Residence Sky View 2
200K400K600K2020202220242026Typical rent by year: 2020 AED 240,000; 2021 AED 380,000; 2022 AED 450,000; 2023 AED 524,000; 2024 AED 530,000; 2025 AED 547,500; 2026 AED 509,998New contract, December 2020: AED 250,000 a yearRenewal, December 2021: AED 350,000 a yearNew contract, December 2022: AED 480,000 a yearRenewal, December 2023: AED 528,000 a yearNew contract, February 2025: AED 520,000 a yearNew contract, February 2025: AED 520,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Address Residence Sky View 2, and where 1802 sits

All 92 3-beds →

1802 last sold in March 2015 at AED 2,926 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,873). Over the last 12 months three-beds sold for AED 8,200,000 to 12,000,000, around AED 4,134 per sqft, and rent for AED 420,000 to 590,000 a year. 1802's AED 520,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Oct 20268,200,000
11 Jun 20268,400,000
30 Apr 202610,000,000
22 Dec 202512,000,000
4 3-bed sales in the last 12 months

The Address Residence Sky View 2

Building

216 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%
The Address Residence Sky View 2, Downtown Dubai: prices, sales and rents →
Value
18012-bedAED 5M · Oct 2024
18032-bedAED 2.9M · Jul 2020
18043-bedAED 6.61M · Jan 2015
18052-bedAED 7.65M · Nov 2025
18063-bedAED 8.9M · Mar 2025
18071-bedAED 2.2M · Nov 2021

1802, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 11 March 2015 for AED 5,914,888, or AED 2,926 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 250,000 to AED 520,000 a year.
  • At AED 520,000 a year the gross yield on the 2015 price is 8.8%.
  • Three-beds in The Address Residence Sky View 2 sold for AED 8,200,000–12,000,000 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 24 February 2025.

Questions about 1802, The Address Residence Sky View 2

What did unit 1802 last sell for?

AED 5,914,888 on 11 March 2015, sold by the developer: AED 2,926 per sqft for 2,021 sqft. It is the only registered sale of the unit.

What is the rent for unit 1802?

AED 520,000 a year on the contract signed on 24 February 2025. The previous contract, from February 2025, was AED 520,000; the unit has been rented since December 2020.

How big is unit 1802?

2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 18th floor of a 51-storey tower completed in 2019.

What is unit 1802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 2 sold for AED 8,200,000 to 12,000,000 in the last 12 months, around AED 4,134 per sqft.

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Mortgage on 1802, The Address Residence Sky View 2

Starts from the last sale price (AED 5.91M, 11 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,914,888
Deposit, UAE resident (20%)
AED 1,182,978
Deposit, non-resident (40%)
AED 2,365,955
Monthly over 25 years at 3.7%
AED 24,200

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