2705, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in August 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2705, The Address Residence Sky View 2
What is 2705 worth today?
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Source: Dubai Land Department. Updated 15 June 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,673 sqft
- Floor
- 27th of 51
- Parking
- B3-292
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.26M · August 2017
- Building
- The Address Residence Sky View 2
About 2705, The Address Residence Sky View 2
2705 is a two-bedroom hotel apartment of 1,673 sqft on the 27th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 21 August 2017 for AED 4,256,030, or AED 2,543 per sqft, in line with the AED 2,480 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 June 2022, is AED 241,644 a year: a gross yield of 5.7% on the 2017 price.
Sales and rents for 2705 over time
2705 has sold twice; 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 2705 sits
All 82 2-beds →2705 last sold in August 2017 at AED 2,543 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,480). 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. 2705's AED 241,644 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,542 sqft | AED 3.58MAED 3,577,888 · Jun 2015June 2015 | 280,000 /yr | |
| 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 | ||
| 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 |
2705, The Address Residence Sky View 2 in numbers
- Sold twice: first on 11 December 2013 for AED 4,342,888, last on 21 August 2017 for AED 4,256,030 (AED 2,543 per sqft).
- Rented since June 2020 on 2 Ejari contracts, from AED 175,000 to AED 241,644 a year.
- At AED 241,644 a year the gross yield on the 2017 price is 5.7%.
- 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 15 June 2022.
Questions about 2705, The Address Residence Sky View 2
What did unit 2705 last sell for?
AED 4,256,030 on 21 August 2017: AED 2,543 per sqft for 1,673 sqft. The unit has 2 registered sales; the first was AED 4,342,888 in December 2013.
What is the rent for unit 2705?
AED 241,644 a year on the contract signed on 15 June 2022. The previous contract, from June 2020, was AED 175,000.
How big is unit 2705?
1,673 sqft (155.4 sqm): a two-bedroom hotel apartment on the 27th floor of a 51-storey tower completed in 2019.
What is unit 2705 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 2705, The Address Residence Sky View 2
Starts from the last sale price (AED 4.26M, 21 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 4,256,030
- Deposit, UAE resident (20%)
- AED 851,206
- Deposit, non-resident (40%)
- AED 1,702,412
- Monthly over 25 years at 3.7%
- AED 17,413
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →