2203, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2203, The Address Residence Sky View 2
What is 2203 worth today?
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Source: Dubai Land Department. Updated 13 January 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 22nd of 51
- Parking
- B3-285
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.75M · May 2022
- Building
- The Address Residence Sky View 2
About 2203, The Address Residence Sky View 2
2203 is a two-bedroom hotel apartment of 1,699 sqft on the 22nd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 May 2022 for AED 4,750,000, or AED 2,795 per sqft, in line with the AED 2,750 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 13 January 2025, is AED 380,000 a year: a gross yield of 8.0% on the 2022 price.
Sales and rents for 2203 over time
2203 has sold 3 times; 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 2203 sits
All 82 2-beds →2203 last sold in May 2022 at AED 2,795 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,750). 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. 2203's AED 380,000 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 22nd floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,542 sqft | AED 3.9MAED 3,900,000 · Dec 2022December 2022 | 320,000 /yr | |
| 2202 | 3-bed | 2,021 sqft | AED 5.29MAED 5,288,888 · Dec 2013December 2013 | ||
| 2204 | 3-bed | 2,438 sqft | AED 10.9MAED 10,900,000 · Jan 2025January 2025 | 519,996 /yr | |
| 2205 | 2-bed | 1,700 sqft | AED 7.5MAED 7,500,000 · Oct 2024October 2024 | 350,000 /yr | |
| 2206 | 3-bed | 2,021 sqft | AED 5.29MAED 5,287,888 · Dec 2013December 2013 | ||
| 2207 | 1-bed | 1,051 sqft | AED 2.66MAED 2,661,888 · May 2015May 2015 | 190,000 /yr |
2203, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 2 December 2013 for AED 4,302,888, last on 25 May 2022 for AED 4,750,000 (AED 2,795 per sqft).
- Rented since May 2020 on 5 Ejari contracts, from AED 205,000 to AED 380,000 a year.
- At AED 380,000 a year the gross yield on the 2022 price is 8.0%.
- 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 13 January 2025.
Questions about 2203, The Address Residence Sky View 2
What did unit 2203 last sell for?
AED 4,750,000 on 25 May 2022: AED 2,795 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,302,888 in December 2013.
What is the rent for unit 2203?
AED 380,000 a year on the contract renewed on 13 January 2025. The previous contract, from January 2025, was AED 380,000; the unit has been rented since May 2020.
How big is unit 2203?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 22nd floor of a 51-storey tower completed in 2019.
What is unit 2203 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 2203, The Address Residence Sky View 2
Starts from the last sale price (AED 4.75M, 25 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,750,000
- Deposit, UAE resident (20%)
- AED 950,000
- Deposit, non-resident (40%)
- AED 1,900,000
- Monthly over 25 years at 3.7%
- AED 19,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →