2-bed · 1,699 sqftThe Address Residence Sky View 2, Downtown Dubai · 31st floor · completed 2019

3103, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in March 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 5M18 March 2022
Current rentAED 430K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, The Address Residence Sky View 2

What is 3103 worth today?

Last sold for AED 5,000,000 in 2022

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1 Feb 2025RentedNew contract
AED 430,000/yr12 months · AED 253 per sqft
1 Feb 2025RentedNew contract
AED 430,000/yr12 months · AED 253 per sqft
12 Dec 2023RentedNew contract
AED 460,000/yr12 months · AED 270 per sqft
18 Mar 2022SoldReady
AED 5,000,000AED 2,942 per sqft
14 Jan 2021SoldReady
AED 3,400,000AED 2,000 per sqft
21 Aug 2019Sold by developerOff-plan
AED 4,930,888AED 2,947 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
31st of 51
Parking
B3-298
Developer
Emaar
Completed
2019
Last sold
AED 5M · March 2022

About 3103, The Address Residence Sky View 2

3103 is a two-bedroom hotel apartment of 1,699 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 18 March 2022 for AED 5,000,000, or AED 2,942 per sqft, 5% above the AED 2,794 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 February 2025, is AED 430,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 3103 over time

Sales
Unit 3103, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,802,888; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,450,000; 2022 AED 5,167,500; 2023 AED 5,950,000; 2024 AED 5,150,000; 2025 AED 5,600,000; 2026 AED 5,200,000Sold by developer, August 2019: AED 4,930,888 (AED 2,947 per sqft)Sold, January 2021: AED 3,400,000 (AED 2,000 per sqft)Sold, March 2022: AED 5,000,000 (AED 2,942 per sqft)

3103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3103, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 245,000; 2022 AED 325,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 415,000; 2026 AED 330,000New contract, December 2023: AED 460,000 a yearNew contract, February 2025: AED 430,000 a yearNew contract, February 2025: AED 430,000 a year

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 3103 sits

All 82 2-beds →

3103 last sold in March 2022 at AED 2,942 per sqft, 5% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,794). 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. 3103's AED 430,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20264,400,000
25 Mar 20265,200,000
23 Jan 20267,200,000
25 Nov 20255,600,000
4 2-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
31012-bedAED 5.1M · Nov 2024
31023-bedAED 8.2M · Oct 2026
31043-bedAED 5.75M · Nov 2022
31052-bedAED 6.2M · Feb 2023
31063-bedAED 6.2M · Mar 2022
31071-bedAED 4M · May 2026

3103, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 21 August 2019 for AED 4,930,888, last on 18 March 2022 for AED 5,000,000 (AED 2,942 per sqft).
  • Rented since December 2023 on 3 Ejari contracts, from AED 460,000 to AED 430,000 a year.
  • At AED 430,000 a year the gross yield on the 2022 price is 8.6%.
  • 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 1 February 2025.

Questions about 3103, The Address Residence Sky View 2

What did unit 3103 last sell for?

AED 5,000,000 on 18 March 2022: AED 2,942 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,930,888 in August 2019.

What is the rent for unit 3103?

AED 430,000 a year on the contract signed on 1 February 2025. The previous contract, from February 2025, was AED 430,000; the unit has been rented since December 2023.

How big is unit 3103?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 31st floor of a 51-storey tower completed in 2019.

What is unit 3103 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 3103, The Address Residence Sky View 2

Starts from the last sale price (AED 5M, 18 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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