3-bed · 2,438 sqftThe Address Residence Sky View 2, Downtown Dubai · 20th floor · completed 2019

2004, The Address Residence Sky View 2

Sold prices and rental history: sold 5 times, last in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 12 February 2025
Last soldAED 8.8M29 May 2023
Current rentAED 550K /yr12 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, The Address Residence Sky View 2

What is 2004 worth today?

Last sold for AED 8,800,000 in 2023

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12 Feb 2025RentedNew contract
AED 550,000/yr12 months · AED 226 per sqft
12 Feb 2025RentedNew contract
AED 550,000/yr12 months · AED 226 per sqft
5 Dec 2023RentedNew contract
AED 650,000/yr12 months · AED 267 per sqft
29 May 2023SoldReady
AED 8,800,000AED 3,610 per sqft
4 Jul 2021SoldReady
AED 6,300,000AED 2,584 per sqft
30 Dec 2020SoldReady
AED 4,600,000AED 1,887 per sqft
5 Jan 2017SoldOff-plan
AED 5,832,969AED 2,454 per sqft
28 Nov 2013Sold by developerOff-plan
AED 5,891,888AED 2,417 per sqft

Source: Dubai Land Department. Updated 12 February 2025.

Key facts

Type
3-bed hotel apartment
Size
2,438 sqft
Floor
20th of 51
Parking
B3-315, B3-346, B3-347
Developer
Emaar
Completed
2019
Last sold
AED 8.8M · May 2023

About 2004, The Address Residence Sky View 2

2004 is a three-bedroom hotel apartment of 2,438 sqft on the 20th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 29 May 2023 for AED 8,800,000, or AED 3,610 per sqft, in line with the AED 3,542 three-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 12 February 2025, is AED 550,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, November 2013: AED 5,891,888 (AED 2,417 per sqft)Sold, January 2017: AED 5,832,969 (AED 2,454 per sqft)Sold, December 2020: AED 4,600,000 (AED 1,887 per sqft)Sold, July 2021: AED 6,300,000 (AED 2,584 per sqft)Sold, May 2023: AED 8,800,000 (AED 3,610 per sqft)

2004 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2004, 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 2023: AED 650,000 a yearNew contract, February 2025: AED 550,000 a yearNew contract, February 2025: AED 550,000 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 2004 sits

All 92 3-beds →

2004 last sold in May 2023 at AED 3,610 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,542). 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. 2004's AED 550,000 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
20012-bedAED 5M · Oct 2024
20023-bedAED 5.27M · Nov 2013
20032-bedAED 7.2M · Mar 2024
20052-bedAED 4.72M · Jan 2014
20063-bedAED 5.9M · Jan 2022
20071-bedAED 3.4M · Oct 2022

2004, The Address Residence Sky View 2 in numbers

  • Sold 5 times: first on 28 November 2013 for AED 5,891,888, last on 29 May 2023 for AED 8,800,000 (AED 3,610 per sqft).
  • Rented since December 2023 on 3 Ejari contracts, from AED 650,000 to AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2023 price is 6.3%.
  • 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 12 February 2025.

Questions about 2004, The Address Residence Sky View 2

What did unit 2004 last sell for?

AED 8,800,000 on 29 May 2023: AED 3,610 per sqft for 2,438 sqft. The unit has 5 registered sales; the first was AED 5,891,888 in November 2013.

What is the rent for unit 2004?

AED 550,000 a year on the contract signed on 12 February 2025. The previous contract, from February 2025, was AED 550,000; the unit has been rented since December 2023.

How big is unit 2004?

2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 20th floor of a 51-storey tower completed in 2019.

What is unit 2004 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 2004, The Address Residence Sky View 2

Starts from the last sale price (AED 8.8M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,800,000
Deposit, UAE resident (20%)
AED 1,760,000
Deposit, non-resident (40%)
AED 3,520,000
Monthly over 25 years at 3.7%
AED 36,004

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