3-bed · 2,438 sqftThe Address Residence Sky View 2, Downtown Dubai · 28th floor · completed 2019

2804, The Address Residence Sky View 2

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

Unit 2804 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 5M16 November 2015
Current rentAED 590K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, The Address Residence Sky View 2

What is 2804 worth today?

Last sold for AED 5,000,000 in 2015

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20 May 2026RentedRenewal
AED 590,000/yr12 months · AED 242 per sqft
20 May 2025RentedNew contract
AED 590,000/yr12 months · AED 242 per sqft
20 May 2025RentedNew contract
AED 590,000/yr12 months · AED 242 per sqft
2 Apr 2024RentedNew contract
AED 580,000/yr12 months · AED 238 per sqft
10 Oct 2023RentedNew contract
AED 800,000/yr12 months · AED 328 per sqft
2 Jan 2022RentedNew contract
AED 300,000/yr12 months · AED 123 per sqft
1 Oct 2020RentedNew contract
AED 260,000/yr12 months · AED 107 per sqft
16 Nov 2015SoldOff-plan
AED 5,000,000AED 2,104 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
3-bed hotel apartment
Size
2,438 sqft
Floor
28th of 51
Parking
B3-65, B3-320, B3-321
Developer
Emaar
Completed
2019
Last sold
AED 5M · November 2015

About 2804, The Address Residence Sky View 2

2804 is a three-bedroom hotel apartment of 2,438 sqft on the 28th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 16 November 2015 for AED 5,000,000, or AED 2,104 per sqft, 29% below the AED 2,958 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 590,000 a year: a gross yield of 11.8% on the 2015 price.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, October 2013: AED 5,971,888 (AED 2,449 per sqft)Sold, November 2015: AED 5,000,000 (AED 2,104 per sqft)

2804 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2804, each contractTypical three-bed in The Address Residence Sky View 2
500K2020202220242026Typical 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 260,000 a yearNew contract, January 2022: AED 300,000 a yearNew contract, October 2023: AED 800,000 a yearNew contract, April 2024: AED 580,000 a yearNew contract, May 2025: AED 590,000 a yearNew contract, May 2025: AED 590,000 a yearRenewal, May 2026: AED 590,000 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 2804 sits

All 92 3-beds →

2804 last sold in November 2015 at AED 2,104 per sqft, 29% below 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. 2804's AED 590,000 is at the top 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
28012-bedAED 3.58M · Dec 2013
28023-bedAED 7.55M · Dec 2022
28032-bedAED 4.48M · Nov 2016
28052-bedAED 3.5M · Dec 2020
28063-bedAED 7.15M · Dec 2022
28071-bedAED 3.8M · Oct 2024

2804, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 2 October 2013 for AED 5,971,888, last on 16 November 2015 for AED 5,000,000 (AED 2,104 per sqft).
  • Rented since October 2020 on 7 Ejari contracts, from AED 260,000 to AED 590,000 a year.
  • At AED 590,000 a year the gross yield on the 2015 price is 11.8%.
  • 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 20 May 2026.

Questions about 2804, The Address Residence Sky View 2

What did unit 2804 last sell for?

AED 5,000,000 on 16 November 2015: AED 2,104 per sqft for 2,438 sqft. The unit has 2 registered sales; the first was AED 5,971,888 in October 2013.

What is the rent for unit 2804?

AED 590,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 590,000; the unit has been rented since October 2020.

How big is unit 2804?

2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 28th floor of a 51-storey tower completed in 2019.

What is unit 2804 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 2804, The Address Residence Sky View 2

Starts from the last sale price (AED 5M, 16 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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