2-bed · 1,699 sqftThe Address Residence Sky View 2, Downtown Dubai · 18th floor · completed 2019

1803, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in July 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 8 July 2020
Last soldAED 2.9M8 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, The Address Residence Sky View 2

What is 1803 worth today?

Last sold for AED 2,900,000 in 2020

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8 Jul 2020SoldReady
AED 2,900,000AED 1,706 per sqft
28 Nov 2013Sold by developerOff-plan
AED 4,270,888AED 2,513 per sqft

Source: Dubai Land Department. Updated 8 July 2020.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
18th of 51
Parking
B1-50
Developer
Emaar
Completed
2019
Last sold
AED 2.9M · July 2020

About 1803, The Address Residence Sky View 2

1803 is a two-bedroom hotel apartment of 1,699 sqft on the 18th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 July 2020 for AED 2,900,000, or AED 1,706 per sqft, 41% below the AED 2,914 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,802,888; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,450,000; 2022 AED 5,167,500; 2023 AED 5,950,000; 2024 AED 5,150,000; 2025 AED 5,600,000; 2026 AED 5,200,000Sold by developer, November 2013: AED 4,270,888 (AED 2,513 per sqft)Sold, July 2020: AED 2,900,000 (AED 1,706 per sqft)

1803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 245,000; 2022 AED 325,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 415,000; 2026 AED 330,000

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 1803 sits

All 82 2-beds →

1803 last sold in July 2020 at AED 1,706 per sqft, 41% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,914). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20264,400,000
25 Mar 20265,200,000
23 Jan 20267,200,000
25 Nov 20255,600,000
4 2-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
18023-bedAED 5.91M · Mar 2015
18043-bedAED 6.61M · Jan 2015
18052-bedAED 7.65M · Nov 2025
18063-bedAED 8.9M · Mar 2025
18071-bedAED 2.2M · Nov 2021

1803, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 28 November 2013 for AED 4,270,888, last on 8 July 2020 for AED 2,900,000 (AED 1,706 per sqft).
  • 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 8 July 2020.

Questions about 1803, The Address Residence Sky View 2

What did unit 1803 last sell for?

AED 2,900,000 on 8 July 2020: AED 1,706 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,270,888 in November 2013.

How big is unit 1803?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 18th floor of a 51-storey tower completed in 2019.

What is unit 1803 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 1803, The Address Residence Sky View 2

Starts from the last sale price (AED 2.9M, 8 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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