2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 23rd floor · completed 2019

2301, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 22 June 2025
Last soldAED 4.85M25 April 2024
Current rentAED 295K /yr22 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, The Address Residence Sky View 2

What is 2301 worth today?

Last sold for AED 4,850,000 in 2024

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22 Jun 2025RentedRenewal
AED 295,000/yr12 months · AED 192 per sqft
22 Jun 2025RentedRenewal
AED 295,000/yr12 months · AED 192 per sqft
22 Jun 2024RentedNew contract
AED 295,000/yr12 months · AED 192 per sqft
25 Apr 2024SoldReady
AED 4,850,000AED 3,144 per sqft
14 Dec 2022RentedNew contract
AED 310,000/yr12 months · AED 201 per sqft
10 Sep 2021RentedRenewal
AED 137,000/yr12 months · AED 89 per sqft
10 Sep 2020RentedNew contract
AED 137,000/yr12 months · AED 89 per sqft
31 Dec 2014Sold by developerOff-plan
AED 4,005,888AED 2,597 per sqft

Source: Dubai Land Department. Updated 22 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
23rd of 51
Parking
B1-51
Developer
Emaar
Completed
2019
Last sold
AED 4.85M · April 2024

About 2301, The Address Residence Sky View 2

2301 is a two-bedroom hotel apartment of 1,542 sqft on the 23rd 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 April 2024 for AED 4,850,000, or AED 3,144 per sqft, 6% below the AED 3,338 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 22 June 2025, is AED 295,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, December 2014: AED 4,005,888 (AED 2,597 per sqft)Sold, April 2024: AED 4,850,000 (AED 3,144 per sqft)

2301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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 330,000New contract, September 2020: AED 137,000 a yearRenewal, September 2021: AED 137,000 a yearNew contract, December 2022: AED 310,000 a yearNew contract, June 2024: AED 295,000 a yearRenewal, June 2025: AED 295,000 a yearRenewal, June 2025: AED 295,000 a year

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 2301 sits

All 82 2-beds →

2301 last sold in April 2024 at AED 3,144 per sqft, 6% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,338). 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. 2301's AED 295,000 is in the lower half of that range.

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
23023-bedAED 6.85M · Jul 2022
23032-bedAED 4.86M · Mar 2015
23043-bedAED 6.3M · May 2021
23052-bedAED 6.75M · Jun 2024
23063-bedAED 5.97M · Jun 2015
23071-bedAED 2.66M · Dec 2014

2301, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 31 December 2014 for AED 4,005,888, last on 25 April 2024 for AED 4,850,000 (AED 3,144 per sqft).
  • Rented since September 2020 on 6 Ejari contracts, from AED 137,000 to AED 295,000 a year.
  • At AED 295,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 22 June 2025.

Questions about 2301, The Address Residence Sky View 2

What did unit 2301 last sell for?

AED 4,850,000 on 25 April 2024: AED 3,144 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 4,005,888 in December 2014.

What is the rent for unit 2301?

AED 295,000 a year on the contract renewed on 22 June 2025. The previous contract, from June 2025, was AED 295,000; the unit has been rented since September 2020.

How big is unit 2301?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 23rd floor of a 51-storey tower completed in 2019.

What is unit 2301 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 2301, The Address Residence Sky View 2

Starts from the last sale price (AED 4.85M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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