3-bed · 1,999 sqftThe Address Residence Sky View 2, Downtown Dubai · 26th floor · completed 2019

2606, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 6M9 December 2015
Current rentAED 550K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, The Address Residence Sky View 2

What is 2606 worth today?

Last sold for AED 6,001,888 in 2015

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28 Oct 2024RentedNew contract
AED 550,000/yr12 months · AED 272 per sqft
1 Oct 2024RentedNew contract
AED 550,000/yr12 months · AED 272 per sqft
5 Oct 2022RentedNew contract
AED 530,000/yr12 months · AED 262 per sqft
28 Oct 2021RentedRenewal
AED 270,000/yr12 months · AED 133 per sqft
28 Oct 2020RentedNew contract
AED 220,000/yr12 months · AED 109 per sqft
9 Dec 2015Sold by developerOff-plan
AED 6,001,888AED 3,001 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
3-bed hotel apartment
Size
1,999 sqft
Floor
26th of 51
Parking
B2-87, B2-86
Developer
Emaar
Completed
2019
Last sold
AED 6M · December 2015

About 2606, The Address Residence Sky View 2

2606 is a three-bedroom hotel apartment of 1,999 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 9 December 2015 for AED 6,001,888, or AED 3,001 per sqft, in line with the AED 2,958 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 October 2024, is AED 550,000 a year: a gross yield of 9.2% on the 2015 price.

Sales and rents for 2606 over time

Sales
Unit 2606, 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 2015: AED 6,001,888 (AED 3,001 per sqft)

2606 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2606, 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, October 2020: AED 220,000 a yearRenewal, October 2021: AED 270,000 a yearNew contract, October 2022: AED 530,000 a yearNew contract, October 2024: AED 550,000 a yearNew contract, October 2024: AED 550,000 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 2606 sits

All 92 3-beds →

2606 last sold in December 2015 at AED 3,001 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,958). 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. 2606's AED 550,000 is in the upper 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
26012-bedAED 4.97M · Dec 2021
26023-bedAED 6M · Oct 2015
26032-bedAED 4.33M · Dec 2013
26043-bedAED 12.5M · May 2025
26052-bedAED 5.95M · Jan 2023
26071-bedAED 2.37M · Dec 2013

2606, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 9 December 2015 for AED 6,001,888, or AED 3,001 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 220,000 to AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2015 price is 9.2%.
  • 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 28 October 2024.

Questions about 2606, The Address Residence Sky View 2

What did unit 2606 last sell for?

AED 6,001,888 on 9 December 2015, sold by the developer: AED 3,001 per sqft for 1,999 sqft. It is the only registered sale of the unit.

What is the rent for unit 2606?

AED 550,000 a year on the contract signed on 28 October 2024. The previous contract, from October 2024, was AED 550,000; the unit has been rented since October 2020.

How big is unit 2606?

1,999 sqft (185.7 sqm): a three-bedroom hotel apartment on the 26th floor of a 51-storey tower completed in 2019.

What is unit 2606 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 2606, The Address Residence Sky View 2

Starts from the last sale price (AED 6M, 9 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 6,001,888
Deposit, UAE resident (20%)
AED 1,200,378
Deposit, non-resident (40%)
AED 2,400,755
Monthly over 25 years at 3.7%
AED 24,556

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