2603, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2603, The Address Residence Sky View 2
What is 2603 worth today?
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Source: Dubai Land Department. Updated 20 September 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,699 sqft
- Floor
- 26th of 51
- Parking
- B3-291
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.33M · December 2013
- Building
- The Address Residence Sky View 2
About 2603, The Address Residence Sky View 2
2603 is a two-bedroom hotel apartment of 1,699 sqft on the 26th 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 4,334,888, or AED 2,550 per sqft, in line with the AED 2,541 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 September 2022, is AED 380,000 a year: a gross yield of 8.8% on the 2013 price.
Sales and rents for 2603 over time
2603 has sold once; the dashed line is the two-bed median of each year in the building.
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 2603 sits
All 82 2-beds →2603 last sold in December 2013 at AED 2,550 per sqft, in line with 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. 2603's AED 380,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,542 sqft | 4,400,000 | 2,852 | ||
| 25 Mar 202625 March 2026 | 1,542 sqft | 5,200,000 | 3,371 | ||
| 23 Jan 202623 January 2026 | 1,700 sqft | 7,200,000 | 4,234 | ||
| 25 Nov 202525 November 2025 | 1,542 sqft | 5,600,000 | 3,630 |
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 26th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,542 sqft | AED 4.97MAED 4,971,888 · Dec 2021December 2021 | ||
| 2602 | 3-bed | 2,000 sqft | AED 6MAED 6,002,888 · Oct 2015October 2015 | ||
| 2604 | 3-bed | 2,438 sqft | AED 12.5MAED 12,500,000 · May 2025May 2025 | ||
| 2605 | 2-bed | 1,700 sqft | AED 5.95MAED 5,950,000 · Jan 2023January 2023 | 450,000 /yr | |
| 2606 | 3-bed | 1,999 sqft | AED 6MAED 6,001,888 · Dec 2015December 2015 | 550,000 /yr | |
| 2607 | 1-bed | 1,051 sqft | AED 2.37MAED 2,371,888 · Dec 2013December 2013 | 230,000 /yr |
2603, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 10 December 2013 for AED 4,334,888, or AED 2,550 per sqft.
- Rented since September 2020 on 3 Ejari contracts, from AED 180,000 to AED 380,000 a year.
- At AED 380,000 a year the gross yield on the 2013 price is 8.8%.
- 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 20 September 2022.
Questions about 2603, The Address Residence Sky View 2
What did unit 2603 last sell for?
AED 4,334,888 on 10 December 2013, sold by the developer: AED 2,550 per sqft for 1,699 sqft. It is the only registered sale of the unit.
What is the rent for unit 2603?
AED 380,000 a year on the contract signed on 20 September 2022. The previous contract, from September 2021, was AED 285,000; the unit has been rented since September 2020.
How big is unit 2603?
1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 26th floor of a 51-storey tower completed in 2019.
What is unit 2603 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 2603, The Address Residence Sky View 2
Starts from the last sale price (AED 4.33M, 10 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 4,334,888
- Deposit, UAE resident (20%)
- AED 866,978
- Deposit, non-resident (40%)
- AED 1,733,955
- Monthly over 25 years at 3.7%
- AED 17,735
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →