3-bed · 2,438 sqftThe Address Residence Sky View 2, Downtown Dubai · 25th floor · completed 2019

2504, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 7.25M22 September 2014
Current rentAED 500K /yr23 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, The Address Residence Sky View 2

What is 2504 worth today?

Last sold for AED 7,249,103 in 2014

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23 Jun 2026RentedNew contract
AED 500,000/yr12 months · AED 205 per sqft
29 Mar 2025RentedRenewal
AED 607,869/yr10 months · AED 249 per sqft
29 Mar 2025RentedRenewal
AED 607,869/yr10 months · AED 249 per sqft
29 Mar 2024RentedNew contract
AED 480,000/yr12 months · AED 197 per sqft
11 Jun 2023RentedRenewal
AED 500,000/yr3 months · AED 206 per sqft
11 Jun 2022RentedNew contract
AED 500,000/yr12 months · AED 206 per sqft
5 Aug 2021RentedRenewal
AED 276,000/yr8 months · AED 113 per sqft
5 Jul 2020RentedNew contract
AED 230,000/yr13 months · AED 95 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
3-bed hotel apartment
Size
2,438 sqft
Floor
25th of 51
Parking
B2-73, B2-306
Developer
Emaar
Completed
2019
Last sold
AED 7.25M · September 2014

About 2504, The Address Residence Sky View 2

2504 is a three-bedroom hotel apartment of 2,438 sqft on the 25th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 22 September 2014 for AED 7,249,103, or AED 2,973 per sqft, 13% above the AED 2,631 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 23 June 2026, is AED 500,000 a year: a gross yield of 6.9% on the 2014 price.

Sales and rents for 2504 over time

Sales
Unit 2504, each saleTypical three-bed in The Address Residence Sky View 2
5M10M2013201720212025Typical sale price by year: 2013 AED 5,483,888; 2014 AED 6,633,392; 2015 AED 6,002,888; 2016 AED 6,045,888; 2017 AED 6,071,888; 2018 AED 5,140,944; 2019 AED 5,781,888; 2020 AED 4,700,000; 2021 AED 6,300,000; 2022 AED 6,850,000; 2023 AED 8,500,000; 2024 AED 9,900,000; 2025 AED 11,800,000; 2026 AED 8,400,000Sold by developer, December 2013: AED 5,941,888 (AED 2,437 per sqft)Sold, May 2014: AED 6,833,171 (AED 2,803 per sqft)Sold, September 2014: AED 7,249,103 (AED 2,973 per sqft)

2504 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2504, each contractTypical three-bed in The Address Residence Sky View 2
200K400K600K2020202220242026Typical rent by year: 2020 AED 240,000; 2021 AED 380,000; 2022 AED 450,000; 2023 AED 524,000; 2024 AED 530,000; 2025 AED 547,500; 2026 AED 509,998New contract, July 2020: AED 230,000 a yearRenewal, August 2021: AED 276,000 a yearNew contract, June 2022: AED 500,000 a yearRenewal, June 2023: AED 500,000 a yearNew contract, March 2024: AED 480,000 a yearRenewal, March 2025: AED 607,869 a yearRenewal, March 2025: AED 607,869 a yearNew contract, June 2026: AED 500,000 a year

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 2504 sits

All 92 3-beds →

2504 last sold in September 2014 at AED 2,973 per sqft, 13% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,631). 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. 2504's AED 500,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Oct 20268,200,000
11 Jun 20268,400,000
30 Apr 202610,000,000
22 Dec 202512,000,000
4 3-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
25012-bedAED 3.57M · Dec 2013
25023-bedAED 5.32M · Dec 2013
25032-bedAED 7.75M · Mar 2025
25052-bedAED 6M · May 2023
25063-bedAED 6.12M · Mar 2021
25071-bedAED 2.37M · Dec 2013

2504, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 10 December 2013 for AED 5,941,888, last on 22 September 2014 for AED 7,249,103 (AED 2,973 per sqft).
  • Rented since July 2020 on 8 Ejari contracts, from AED 230,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2014 price is 6.9%.
  • 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 23 June 2026.

Questions about 2504, The Address Residence Sky View 2

What did unit 2504 last sell for?

AED 7,249,103 on 22 September 2014: AED 2,973 per sqft for 2,438 sqft. The unit has 3 registered sales; the first was AED 5,941,888 in December 2013.

What is the rent for unit 2504?

AED 500,000 a year on the contract signed on 23 June 2026. The previous contract, from March 2025, was AED 607,869; the unit has been rented since July 2020.

How big is unit 2504?

2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 25th floor of a 51-storey tower completed in 2019.

What is unit 2504 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 2504, The Address Residence Sky View 2

Starts from the last sale price (AED 7.25M, 22 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,249,103
Deposit, UAE resident (20%)
AED 1,449,821
Deposit, non-resident (40%)
AED 2,899,641
Monthly over 25 years at 3.7%
AED 29,658

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