3101, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3101, The Address Residence Sky View 2
What is 3101 worth today?
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Source: Dubai Land Department. Updated 27 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,542 sqft
- Floor
- 31st of 51
- Parking
- B3-57
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.1M · November 2024
- Building
- The Address Residence Sky View 2
About 3101, The Address Residence Sky View 2
3101 is a two-bedroom hotel apartment of 1,542 sqft on the 31st 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 November 2024 for AED 5,100,000, or AED 3,306 per sqft, in line with the AED 3,338 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 4 August 2023, is AED 320,000 a year: a gross yield of 6.3% on the 2024 price.
Sales and rents for 3101 over time
3101 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 3101 sits
All 82 2-beds →3101 last sold in November 2024 at AED 3,306 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,338). 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. 3101's AED 320,000 is in the lower 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 31st floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3102 | 3-bed | 2,021 sqft | AED 8.2MAED 8,200,000 · Oct 2026October 2026 | 565,000 /yr | |
| 3103 | 2-bed | 1,699 sqft | AED 5MAED 5,000,000 · Mar 2022March 2022 | 430,000 /yr | |
| 3104 | 3-bed | 2,438 sqft | AED 5.75MAED 5,746,000 · Nov 2022November 2022 | 430,000 /yr | |
| 3105 | 2-bed | 1,700 sqft | AED 6.2MAED 6,200,000 · Feb 2023February 2023 | 262,182 /yr | |
| 3106 | 3-bed | 2,021 sqft | AED 6.2MAED 6,200,000 · Mar 2022March 2022 | ||
| 3107 | 1-bed | 1,051 sqft | AED 4MAED 4,000,000 · May 2026May 2026 | 240,000 /yr |
3101, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 2 December 2013 for AED 3,601,888, last on 27 November 2024 for AED 5,100,000 (AED 3,306 per sqft).
- Rented since November 2021 on 2 Ejari contracts, from AED 245,000 to AED 320,000 a year.
- At AED 320,000 a year the gross yield on the 2024 price is 6.3%.
- 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 27 November 2024.
Questions about 3101, The Address Residence Sky View 2
What did unit 3101 last sell for?
AED 5,100,000 on 27 November 2024: AED 3,306 per sqft for 1,542 sqft. The unit has 3 registered sales; the first was AED 3,601,888 in December 2013.
What is the rent for unit 3101?
AED 320,000 a year on the contract signed on 4 August 2023. The previous contract, from November 2021, was AED 245,000.
How big is unit 3101?
1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 31st floor of a 51-storey tower completed in 2019.
What is unit 3101 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 3101, The Address Residence Sky View 2
Starts from the last sale price (AED 5.1M, 27 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →