2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 25th floor · completed 2019

2501, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 10 December 2013
Last soldAED 3.57M10 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, The Address Residence Sky View 2

What is 2501 worth today?

Last sold for AED 3,565,888 in 2013

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10 Dec 2013Sold by developerOff-plan
AED 3,565,888AED 2,311 per sqft

Source: Dubai Land Department. Updated 10 December 2013.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
25th of 51
Parking
B3-52
Developer
Emaar
Completed
2019
Last sold
AED 3.57M · December 2013

About 2501, The Address Residence Sky View 2

2501 is a two-bedroom hotel apartment of 1,542 sqft on the 25th 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 3,565,888, or AED 2,311 per sqft, 9% below the AED 2,541 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2501 over time

Sales
Unit 2501, 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 2013: AED 3,565,888 (AED 2,311 per sqft)

2501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2501, 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 330,000

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 2501 sits

All 82 2-beds →

2501 last sold in December 2013 at AED 2,311 per sqft, 9% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,541). 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.

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
25023-bedAED 5.32M · Dec 2013
25032-bedAED 7.75M · Mar 2025
25043-bedAED 7.25M · Sep 2014
25052-bedAED 6M · May 2023
25063-bedAED 6.12M · Mar 2021
25071-bedAED 2.37M · Dec 2013

2501, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 10 December 2013 for AED 3,565,888, or AED 2,311 per sqft.
  • 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 10 December 2013.

Questions about 2501, The Address Residence Sky View 2

What did unit 2501 last sell for?

AED 3,565,888 on 10 December 2013, sold by the developer: AED 2,311 per sqft for 1,542 sqft. It is the only registered sale of the unit.

How big is unit 2501?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 25th floor of a 51-storey tower completed in 2019.

What is unit 2501 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 2501, The Address Residence Sky View 2

Starts from the last sale price (AED 3.57M, 10 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,565,888
Deposit, UAE resident (20%)
AED 713,178
Deposit, non-resident (40%)
AED 1,426,355
Monthly over 25 years at 3.7%
AED 14,589

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