2-bed · 1,700 sqftThe Address Residence Sky View 2, Downtown Dubai · 28th floor · completed 2019

2805, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2805 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 3.5M29 December 2020
Current rentAED 450K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2805, The Address Residence Sky View 2

What is 2805 worth today?

Last sold for AED 3,500,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Feb 2025RentedRenewal
AED 450,000/yr12 months · AED 265 per sqft
7 Feb 2025RentedRenewal
AED 450,000/yr12 months · AED 265 per sqft
8 Feb 2023RentedRenewal
AED 400,000/yr12 months · AED 235 per sqft
8 Feb 2022RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
29 Dec 2020SoldReady
AED 3,500,000AED 2,058 per sqft
1 Feb 2016Sold by developerOff-plan
AED 4,902,888AED 2,930 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
2-bed hotel apartment
Size
1,700 sqft
Floor
28th of 51
Parking
B3-296
Developer
Emaar
Completed
2019
Last sold
AED 3.5M · December 2020

About 2805, The Address Residence Sky View 2

2805 is a two-bedroom hotel apartment of 1,700 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 29 December 2020 for AED 3,500,000, or AED 2,058 per sqft, 18% above the AED 1,750 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 7 February 2025, is AED 450,000 a year: a gross yield of 12.9% on the 2020 price.

Sales and rents for 2805 over time

Sales
Unit 2805, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,802,888; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,450,000; 2022 AED 5,167,500; 2023 AED 5,950,000; 2024 AED 5,150,000; 2025 AED 5,600,000; 2026 AED 5,200,000Sold by developer, February 2016: AED 4,902,888 (AED 2,930 per sqft)Sold, December 2020: AED 3,500,000 (AED 2,058 per sqft)

2805 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2805, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 245,000; 2022 AED 325,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 415,000; 2026 AED 330,000New contract, February 2022: AED 400,000 a yearRenewal, February 2023: AED 400,000 a yearRenewal, February 2025: AED 450,000 a yearRenewal, February 2025: AED 450,000 a year

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 2805 sits

All 82 2-beds →

2805 last sold in December 2020 at AED 2,058 per sqft, 18% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 1,750). 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. 2805's AED 450,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20264,400,000
25 Mar 20265,200,000
23 Jan 20267,200,000
25 Nov 20255,600,000
4 2-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
28043-bedAED 5M · Nov 2015
28063-bedAED 7.15M · Dec 2022
28071-bedAED 3.8M · Oct 2024

2805, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 1 February 2016 for AED 4,902,888, last on 29 December 2020 for AED 3,500,000 (AED 2,058 per sqft).
  • Rented since February 2022 on 4 Ejari contracts, from AED 400,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2020 price is 12.9%.
  • 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 7 February 2025.

Questions about 2805, The Address Residence Sky View 2

What did unit 2805 last sell for?

AED 3,500,000 on 29 December 2020: AED 2,058 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,902,888 in February 2016.

What is the rent for unit 2805?

AED 450,000 a year on the contract renewed on 7 February 2025. The previous contract, from February 2025, was AED 450,000; the unit has been rented since February 2022.

How big is unit 2805?

1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 28th floor of a 51-storey tower completed in 2019.

What is unit 2805 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.

Selling 2805? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2805, The Address Residence Sky View 2

Starts from the last sale price (AED 3.5M, 29 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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