3005, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3005, The Address Residence Sky View 2
What is 3005 worth today?
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Source: Dubai Land Department. Updated 22 October 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,700 sqft
- Floor
- 30th of 51
- Parking
- B3-297
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.8M · January 2014
- Building
- The Address Residence Sky View 2
About 3005, The Address Residence Sky View 2
3005 is a two-bedroom hotel apartment of 1,700 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 27 January 2014 for AED 4,803,577, or AED 2,825 per sqft, 11% above the AED 2,550 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 22 October 2024, is AED 385,000 a year: a gross yield of 8.0% on the 2014 price.
Sales and rents for 3005 over time
3005 has sold twice; 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 3005 sits
All 82 2-beds →3005 last sold in January 2014 at AED 2,825 per sqft, 11% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,550). 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. 3005's AED 385,000 is in the upper half 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 30th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,542 sqft | AED 3.6MAED 3,595,888 · Dec 2013December 2013 | 320,000 /yr | |
| 3002 | 3-bed | 2,021 sqft | AED 6.7MAED 6,700,000 · Feb 2022February 2022 | 541,456 /yr | |
| 3003 | 2-bed | 1,699 sqft | AED 5.5MAED 5,500,000 · Jun 2022June 2022 | 300,000 /yr | |
| 3004 | 3-bed | 2,438 sqft | AED 11.5MAED 11,500,000 · Dec 2024December 2024 | 450,000 /yr | |
| 3006 | 3-bed | 2,021 sqft | AED 6.05MAED 6,045,888 · Oct 2015October 2015 | 530,000 /yr | |
| 3007 | 1-bed | 1,051 sqft | AED 2.65MAED 2,650,000 · Jan 2022January 2022 | 240,000 /yr |
3005, The Address Residence Sky View 2 in numbers
- Sold twice: first on 2 December 2013 for AED 4,366,888, last on 27 January 2014 for AED 4,803,577 (AED 2,825 per sqft).
- Rented since October 2020 on 4 Ejari contracts, from AED 165,000 to AED 385,000 a year.
- At AED 385,000 a year the gross yield on the 2014 price is 8.0%.
- 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 22 October 2024.
Questions about 3005, The Address Residence Sky View 2
What did unit 3005 last sell for?
AED 4,803,577 on 27 January 2014: AED 2,825 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,366,888 in December 2013.
What is the rent for unit 3005?
AED 385,000 a year on the contract signed on 22 October 2024. The previous contract, from July 2023, was AED 400,000; the unit has been rented since October 2020.
How big is unit 3005?
1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 30th floor of a 51-storey tower completed in 2019.
What is unit 3005 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 3005, The Address Residence Sky View 2
Starts from the last sale price (AED 4.8M, 27 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,803,577
- Deposit, UAE resident (20%)
- AED 960,715
- Deposit, non-resident (40%)
- AED 1,921,431
- Monthly over 25 years at 3.7%
- AED 19,653
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →