3-bed · 2,021 sqftThe Address Residence Sky View 2, Downtown Dubai · 29th floor · completed 2019

2902, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 5 August 2022
Last soldAED 7.05M5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, The Address Residence Sky View 2

What is 2902 worth today?

Last sold for AED 7,050,000 in 2022

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5 Aug 2022SoldReady
AED 7,050,000AED 3,487 per sqft
11 Dec 2013Sold by developerOff-plan
AED 5,358,888AED 2,651 per sqft

Source: Dubai Land Department. Updated 5 August 2022.

Key facts

Type
3-bed hotel apartment
Size
2,021 sqft
Floor
29th of 51
Parking
B1-222, B1-207, B1-208
Developer
Emaar
Completed
2019
Last sold
AED 7.05M · August 2022

About 2902, The Address Residence Sky View 2

2902 is a three-bedroom hotel apartment of 2,021 sqft on the 29th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 5 August 2022 for AED 7,050,000, or AED 3,487 per sqft, 14% above the AED 3,067 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 2013: AED 5,358,888 (AED 2,651 per sqft)Sold, August 2022: AED 7,050,000 (AED 3,487 per sqft)

2902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2902, 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 509,998

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 2902 sits

All 92 3-beds →

2902 last sold in August 2022 at AED 3,487 per sqft, 14% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,067). 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.

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
29012-bedAED 5.2M · Mar 2026
29032-bedAED 5.4M · Sep 2022
29043-bedAED 4.5M · Mar 2018
29052-bedAED 6.5M · Jan 2023
29063-bedAED 6.04M · Jun 2020

2902, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 11 December 2013 for AED 5,358,888, last on 5 August 2022 for AED 7,050,000 (AED 3,487 per sqft).
  • 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 5 August 2022.

Questions about 2902, The Address Residence Sky View 2

What did unit 2902 last sell for?

AED 7,050,000 on 5 August 2022: AED 3,487 per sqft for 2,021 sqft. The unit has 2 registered sales; the first was AED 5,358,888 in December 2013.

How big is unit 2902?

2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 29th floor of a 51-storey tower completed in 2019.

What is unit 2902 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 2902, The Address Residence Sky View 2

Starts from the last sale price (AED 7.05M, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,050,000
Deposit, UAE resident (20%)
AED 1,410,000
Deposit, non-resident (40%)
AED 2,820,000
Monthly over 25 years at 3.7%
AED 28,844

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