2905, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in January 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2905, The Address Residence Sky View 2
What is 2905 worth today?
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Source: Dubai Land Department. Updated 31 January 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,700 sqft
- Floor
- 29th of 51
- Parking
- B3-288
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.5M · January 2023
- Building
- The Address Residence Sky View 2
About 2905, The Address Residence Sky View 2
2905 is a two-bedroom hotel apartment of 1,700 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 31 January 2023 for AED 6,500,000, or AED 3,823 per sqft, 20% above the AED 3,177 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 4 January 2022, is AED 600,000 a year: a gross yield of 9.2% on the 2023 price.
Sales and rents for 2905 over time
2905 has sold 3 times; 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 2905 sits
All 82 2-beds →2905 last sold in January 2023 at AED 3,823 per sqft, 20% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,177). 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. 2905's AED 600,000 is at the top 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 29th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,542 sqft | AED 5.2MAED 5,200,000 · Mar 2026March 2026 | ||
| 2902 | 3-bed | 2,021 sqft | AED 7.05MAED 7,050,000 · Aug 2022August 2022 | ||
| 2903 | 2-bed | 1,699 sqft | AED 5.4MAED 5,400,000 · Sep 2022September 2022 | ||
| 2904 | 3-bed | 2,438 sqft | AED 4.5MAED 4,500,000 · Mar 2018March 2018 | ||
| 2906 | 3-bed | 2,021 sqft | AED 6.04MAED 6,041,888 · Jun 2020June 2020 | 450,000 /yr |
2905, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 2 December 2013 for AED 4,358,888, last on 31 January 2023 for AED 6,500,000 (AED 3,823 per sqft).
- Rented since March 2020 on 2 Ejari contracts, from AED 193,000 to AED 600,000 a year.
- At AED 600,000 a year the gross yield on the 2023 price is 9.2%.
- 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 31 January 2023.
Questions about 2905, The Address Residence Sky View 2
What did unit 2905 last sell for?
AED 6,500,000 on 31 January 2023: AED 3,823 per sqft for 1,700 sqft. The unit has 3 registered sales; the first was AED 4,358,888 in December 2013.
What is the rent for unit 2905?
AED 600,000 a year on the contract signed on 4 January 2022. The previous contract, from March 2020, was AED 193,000.
How big is unit 2905?
1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 29th floor of a 51-storey tower completed in 2019.
What is unit 2905 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 2905, The Address Residence Sky View 2
Starts from the last sale price (AED 6.5M, 31 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,500,000
- Deposit, UAE resident (20%)
- AED 1,300,000
- Deposit, non-resident (40%)
- AED 2,600,000
- Monthly over 25 years at 3.7%
- AED 26,594
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →