3-bed · 2,438 sqftThe Address Residence Sky View 2, Downtown Dubai · 30th floor · completed 2019

3004, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in December 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 11.5M26 December 2024
Current rentAED 450K /yr6 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, The Address Residence Sky View 2

What is 3004 worth today?

Last sold for AED 11,500,000 in 2024

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26 Dec 2024SoldReady
AED 11,500,000AED 4,717 per sqft
6 May 2022RentedRenewal
AED 450,000/yr12 months · AED 185 per sqft
6 Nov 2021RentedRenewal
AED 400,000/yr6 months · AED 164 per sqft
6 Nov 2020RentedNew contract
AED 240,000/yr12 months · AED 99 per sqft
1 Feb 2016Sold by developerOff-plan
AED 6,749,888AED 2,840 per sqft

Source: Dubai Land Department. Updated 26 December 2024.

Key facts

Type
3-bed hotel apartment
Size
2,438 sqft
Floor
30th of 51
Parking
B2-71, B2-72
Developer
Emaar
Completed
2019
Last sold
AED 11.5M · December 2024

About 3004, The Address Residence Sky View 2

3004 is a three-bedroom hotel apartment of 2,438 sqft on the 30th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 26 December 2024 for AED 11,500,000, or AED 4,717 per sqft, in line with the AED 4,717 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 6 May 2022, is AED 450,000 a year: a gross yield of 3.9% on the 2024 price.

Sales and rents for 3004 over time

Sales
Unit 3004, 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, February 2016: AED 6,749,888 (AED 2,840 per sqft)Sold, December 2024: AED 11,500,000 (AED 4,717 per sqft)

3004 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3004, 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 509,998New contract, November 2020: AED 240,000 a yearRenewal, November 2021: AED 400,000 a yearRenewal, May 2022: AED 450,000 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 3004 sits

All 92 3-beds →

3004 last sold in December 2024 at AED 4,717 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 4,717). 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. 3004's AED 450,000 is in the lower half 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
30012-bedAED 3.6M · Dec 2013
30023-bedAED 6.7M · Feb 2022
30032-bedAED 5.5M · Jun 2022
30052-bedAED 4.8M · Jan 2014
30063-bedAED 6.05M · Oct 2015
30071-bedAED 2.65M · Jan 2022

3004, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 1 February 2016 for AED 6,749,888, last on 26 December 2024 for AED 11,500,000 (AED 4,717 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 240,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2024 price is 3.9%.
  • 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 26 December 2024.

Questions about 3004, The Address Residence Sky View 2

What did unit 3004 last sell for?

AED 11,500,000 on 26 December 2024: AED 4,717 per sqft for 2,438 sqft. The unit has 2 registered sales; the first was AED 6,749,888 in February 2016.

What is the rent for unit 3004?

AED 450,000 a year on the contract renewed on 6 May 2022. The previous contract, from November 2021, was AED 400,000; the unit has been rented since November 2020.

How big is unit 3004?

2,438 sqft (226.5 sqm): a three-bedroom hotel apartment on the 30th floor of a 51-storey tower completed in 2019.

What is unit 3004 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 3004, The Address Residence Sky View 2

Starts from the last sale price (AED 11.5M, 26 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,500,000
Deposit, UAE resident (20%)
AED 2,300,000
Deposit, non-resident (40%)
AED 4,600,000
Monthly over 25 years at 3.7%
AED 47,050

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