2701, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, The Address Residence Sky View 2
What is 2701 worth today?
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Source: Dubai Land Department. Updated 24 October 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,542 sqft
- Floor
- 27th of 51
- Parking
- B3-319
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.58M · June 2015
- Building
- The Address Residence Sky View 2
About 2701, The Address Residence Sky View 2
2701 is a two-bedroom hotel apartment of 1,542 sqft on the 27th 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 28 June 2015 for AED 3,577,888, or AED 2,319 per sqft, 18% below the AED 2,843 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 24 October 2025, is AED 280,000 a year: a gross yield of 7.8% on the 2015 price.
Sales and rents for 2701 over time
2701 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 2701 sits
All 82 2-beds →2701 last sold in June 2015 at AED 2,319 per sqft, 18% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,843). 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. 2701's AED 280,000 is in the lower 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 27th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2702 | 3-bed | 2,021 sqft | AED 5.34MAED 5,338,888 · May 2020May 2020 | ||
| 2703 | 2-bed | 1,699 sqft | AED 4.9MAED 4,900,000 · Jan 2022January 2022 | 420,000 /yr | |
| 2704 | 3-bed | 2,438 sqft | AED 4.7MAED 4,700,000 · Jan 2020January 2020 | ||
| 2705 | 2-bed | 1,673 sqft | AED 4.26MAED 4,256,030 · Aug 2017August 2017 | 241,644 /yr | |
| 2706 | 3-bed | 2,021 sqft | AED 4.05MAED 4,050,000 · Feb 2018February 2018 | 450,000 /yr | |
| 2707 | 1-bed | 1,051 sqft | AED 2.18MAED 2,184,897 · Feb 2018February 2018 | 200,000 /yr |
2701, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 28 June 2015 for AED 3,577,888, or AED 2,319 per sqft.
- Rented since October 2020 on 6 Ejari contracts, from AED 155,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2015 price is 7.8%.
- 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 24 October 2025.
Questions about 2701, The Address Residence Sky View 2
What did unit 2701 last sell for?
AED 3,577,888 on 28 June 2015, sold by the developer: AED 2,319 per sqft for 1,542 sqft. It is the only registered sale of the unit.
What is the rent for unit 2701?
AED 280,000 a year on the contract renewed on 24 October 2025. The previous contract, from October 2024, was AED 270,000; the unit has been rented since October 2020.
How big is unit 2701?
1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 27th floor of a 51-storey tower completed in 2019.
What is unit 2701 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 2701, The Address Residence Sky View 2
Starts from the last sale price (AED 3.58M, 28 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,577,888
- Deposit, UAE resident (20%)
- AED 715,578
- Deposit, non-resident (40%)
- AED 1,431,155
- Monthly over 25 years at 3.7%
- AED 14,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →