
2404, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in December 2013, 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 2404, The Address Residence Sky View 2
What is 2404 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,438 sqft
- Floor
- 24th of 51
- Parking
- B2-74, B2-307
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.93M · December 2013
- Building
- The Address Residence Sky View 2
About 2404, The Address Residence Sky View 2
2404 is a three-bedroom hotel apartment of 2,438 sqft on the 24th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 10 December 2013 for AED 5,931,888, or AED 2,433 per sqft, 7% below the AED 2,606 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 570,000 a year: a gross yield of 9.6% on the 2013 price.
Sales and rents for 2404 over time
2404 has sold once; 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 2404 sits
All 92 3-beds →2404 last sold in December 2013 at AED 2,433 per sqft, 7% below what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,606). 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. 2404's AED 570,000 is in the upper half 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 24th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,542 sqft | AED 4.35MAED 4,350,000 · May 2023May 2023 | 210,000 /yr | |
| 2402 | 3-bed | 2,021 sqft | AED 5.98MAED 5,980,888 · Apr 2016April 2016 | 530,000 /yr | |
| 2403 | 2-bed | 1,699 sqft | AED 5.2MAED 5,200,000 · Nov 2021November 2021 | 350,000 /yr | |
| 2405 | 2-bed | 1,673 sqft | AED 3MAED 3,000,000 · Oct 2018October 2018 | 490,000 /yr | |
| 2406 | 3-bed | 1,999 sqft | AED 5.98MAED 5,979,888 · Jan 2018January 2018 | 480,000 /yr | |
| 2407 | 1-bed | 1,051 sqft | AED 2.65MAED 2,650,000 · Jul 2022July 2022 | 250,696 /yr |
2404, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 10 December 2013 for AED 5,931,888, or AED 2,433 per sqft.
- Rented since March 2021 on 6 Ejari contracts, from AED 380,000 to AED 570,000 a year.
- At AED 570,000 a year the gross yield on the 2013 price is 9.6%.
- 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 1 July 2025.
Questions about 2404, The Address Residence Sky View 2
What did unit 2404 last sell for?
AED 5,931,888 on 10 December 2013, sold by the developer: AED 2,433 per sqft for 2,438 sqft. It is the only registered sale of the unit.
What is the rent for unit 2404?
AED 570,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 570,000; the unit has been rented since March 2021.
How big is unit 2404?
2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 24th floor of a 51-storey tower completed in 2019.
What is unit 2404 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 2404, The Address Residence Sky View 2
Starts from the last sale price (AED 5.93M, 10 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 5,931,888
- Deposit, UAE resident (20%)
- AED 1,186,378
- Deposit, non-resident (40%)
- AED 2,372,755
- Monthly over 25 years at 3.7%
- AED 24,269
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →