2005, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2005, The Address Residence Sky View 2
What is 2005 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,700 sqft
- Floor
- 20th of 51
- Parking
- B3-284
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.72M · January 2014
- Building
- The Address Residence Sky View 2
About 2005, The Address Residence Sky View 2
2005 is a two-bedroom hotel apartment of 1,700 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 27 January 2014 for AED 4,715,577, or AED 2,773 per sqft, 9% above the AED 2,550 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 September 2024, is AED 385,000 a year: a gross yield of 8.2% on the 2014 price.
Sales and rents for 2005 over time
2005 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 2005 sits
All 82 2-beds →2005 last sold in January 2014 at AED 2,773 per sqft, 9% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,550). 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. 2005's AED 385,000 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 20th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,542 sqft | AED 5MAED 5,000,000 · Oct 2024October 2024 | ||
| 2002 | 3-bed | 2,021 sqft | AED 5.27MAED 5,268,888 · Nov 2013November 2013 | ||
| 2003 | 2-bed | 1,699 sqft | AED 7.2MAED 7,200,000 · Mar 2024March 2024 | 365,000 /yr | |
| 2004 | 3-bed | 2,438 sqft | AED 8.8MAED 8,800,000 · May 2023May 2023 | 550,000 /yr | |
| 2006 | 3-bed | 2,021 sqft | AED 5.9MAED 5,900,000 · Jan 2022January 2022 | 460,000 /yr | |
| 2007 | 1-bed | 1,051 sqft | AED 3.4MAED 3,400,000 · Oct 2022October 2022 | 250,000 /yr |
2005, The Address Residence Sky View 2 in numbers
- Sold twice: first on 28 November 2013 for AED 4,288,888, last on 27 January 2014 for AED 4,715,577 (AED 2,773 per sqft).
- Rented since September 2021 on 4 Ejari contracts, from AED 290,000 to AED 385,000 a year.
- At AED 385,000 a year the gross yield on the 2014 price is 8.2%.
- 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 1 September 2024.
Questions about 2005, The Address Residence Sky View 2
What did unit 2005 last sell for?
AED 4,715,577 on 27 January 2014: AED 2,773 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,288,888 in November 2013.
What is the rent for unit 2005?
AED 385,000 a year on the contract signed on 1 September 2024. The previous contract, from April 2023, was AED 384,000; the unit has been rented since September 2021.
How big is unit 2005?
1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 20th floor of a 51-storey tower completed in 2019.
What is unit 2005 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 2005, The Address Residence Sky View 2
Starts from the last sale price (AED 4.72M, 27 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,715,577
- Deposit, UAE resident (20%)
- AED 943,115
- Deposit, non-resident (40%)
- AED 1,886,231
- Monthly over 25 years at 3.7%
- AED 19,293
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →