2-bed · 1,700 sqftThe Address Residence Sky View 2, Downtown Dubai · 31st floor · completed 2019

3105, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in February 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3105 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 6.2M6 February 2023
Current rentAED 262K /yr3 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3105, The Address Residence Sky View 2

What is 3105 worth today?

Last sold for AED 6,200,000 in 2023

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6 Feb 2023SoldReady
AED 6,200,000AED 3,646 per sqft
3 May 2022RentedRenewal
AED 262,182/yr7 months · AED 155 per sqft
3 May 2021RentedNew contract
AED 245,000/yr12 months · AED 145 per sqft
15 Nov 2020RentedNew contract
AED 200,000/yr12 months · AED 118 per sqft
24 Jun 2015Sold by developerOff-plan
AED 4,930,888AED 2,947 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
2-bed hotel apartment
Size
1,700 sqft
Floor
31st of 51
Parking
B3-299
Developer
Emaar
Completed
2019
Last sold
AED 6.2M · February 2023

About 3105, The Address Residence Sky View 2

3105 is a two-bedroom hotel apartment of 1,700 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 6 February 2023 for AED 6,200,000, or AED 3,646 per sqft, 14% above the AED 3,207 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 3 May 2022, is AED 262,182 a year: a gross yield of 4.2% on the 2023 price.

Sales and rents for 3105 over time

Sales
Unit 3105, 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, June 2015: AED 4,930,888 (AED 2,947 per sqft)Sold, February 2023: AED 6,200,000 (AED 3,646 per sqft)

3105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3105, 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, November 2020: AED 200,000 a yearNew contract, May 2021: AED 245,000 a yearRenewal, May 2022: AED 262,182 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 3105 sits

All 82 2-beds →

3105 last sold in February 2023 at AED 3,646 per sqft, 14% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,207). 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. 3105's AED 262,182 is in the lower 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
31032-bedAED 5M · Mar 2022
31043-bedAED 5.75M · Nov 2022
31063-bedAED 6.2M · Mar 2022
31071-bedAED 4M · May 2026

3105, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 24 June 2015 for AED 4,930,888, last on 6 February 2023 for AED 6,200,000 (AED 3,646 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 200,000 to AED 262,182 a year.
  • At AED 262,182 a year the gross yield on the 2023 price is 4.2%.
  • 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 6 February 2023.

Questions about 3105, The Address Residence Sky View 2

What did unit 3105 last sell for?

AED 6,200,000 on 6 February 2023: AED 3,646 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,930,888 in June 2015.

What is the rent for unit 3105?

AED 262,182 a year on the contract renewed on 3 May 2022. The previous contract, from May 2021, was AED 245,000; the unit has been rented since November 2020.

How big is unit 3105?

1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 31st floor of a 51-storey tower completed in 2019.

What is unit 3105 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 3105, The Address Residence Sky View 2

Starts from the last sale price (AED 6.2M, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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