2302, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in July 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, The Address Residence Sky View 2
What is 2302 worth today?
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Source: Dubai Land Department. Updated 25 July 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,021 sqft
- Floor
- 23rd of 51
- Parking
- B3-86, B3-363, B3-364
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.85M · July 2022
- Building
- The Address Residence Sky View 2
About 2302, The Address Residence Sky View 2
2302 is a three-bedroom hotel apartment of 2,021 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 July 2022 for AED 6,850,000, or AED 3,388 per sqft, 10% above the AED 3,067 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 18 January 2022, is AED 400,000 a year: a gross yield of 5.8% on the 2022 price.
Sales and rents for 2302 over time
2302 has sold twice; the dashed line is the three-bed median of each year in the building.
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 2302 sits
All 92 3-beds →2302 last sold in July 2022 at AED 3,388 per sqft, 10% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,067). 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. 2302's AED 400,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 2,021 sqft | 8,200,000 | 4,056 | ||
| 11 Jun 202611 June 2026 | 2,021 sqft | 8,400,000 | 4,155 | ||
| 30 Apr 202630 April 2026 | 2,432 sqft | 10,000,000 | 4,112 | ||
| 22 Dec 202522 December 2025 | 2,432 sqft | 12,000,000 | 4,935 |
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 23rd floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,542 sqft | AED 4.85MAED 4,850,000 · Apr 2024April 2024 | 295,000 /yr | |
| 2303 | 2-bed | 1,699 sqft | AED 4.86MAED 4,858,888 · Mar 2015March 2015 | ||
| 2304 | 3-bed | 2,438 sqft | AED 6.3MAED 6,300,000 · May 2021May 2021 | ||
| 2305 | 2-bed | 1,700 sqft | AED 6.75MAED 6,750,000 · Jun 2024June 2024 | 345,000 /yr | |
| 2306 | 3-bed | 1,999 sqft | AED 5.97MAED 5,967,888 · Jun 2015June 2015 | 480,000 /yr | |
| 2307 | 1-bed | 1,051 sqft | AED 2.66MAED 2,664,888 · Dec 2014December 2014 | 210,000 /yr |
2302, The Address Residence Sky View 2 in numbers
- Sold twice: first on 13 August 2015 for AED 5,968,888, last on 25 July 2022 for AED 6,850,000 (AED 3,388 per sqft).
- Rented since December 2020 on 2 Ejari contracts, from AED 255,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2022 price is 5.8%.
- 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 25 July 2022.
Questions about 2302, The Address Residence Sky View 2
What did unit 2302 last sell for?
AED 6,850,000 on 25 July 2022: AED 3,388 per sqft for 2,021 sqft. The unit has 2 registered sales; the first was AED 5,968,888 in August 2015.
What is the rent for unit 2302?
AED 400,000 a year on the contract signed on 18 January 2022. The previous contract, from December 2020, was AED 255,000.
How big is unit 2302?
2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 23rd floor of a 51-storey tower completed in 2019.
What is unit 2302 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 2302, The Address Residence Sky View 2
Starts from the last sale price (AED 6.85M, 25 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,850,000
- Deposit, UAE resident (20%)
- AED 1,370,000
- Deposit, non-resident (40%)
- AED 2,740,000
- Monthly over 25 years at 3.7%
- AED 28,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →