2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 32nd floor · completed 2019

3201, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 11 August 2025
Last soldAED 4.2M11 August 2025
Current rentAED 300K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, The Address Residence Sky View 2

What is 3201 worth today?

Last sold for AED 4,200,000 in 2025

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11 Aug 2025SoldReady
AED 4,200,000AED 2,722 per sqft
1 Aug 2024RentedNew contract
AED 300,000/yr12 months · AED 195 per sqft
9 May 2024SoldReady
AED 5,000,000AED 3,241 per sqft
1 Nov 2022RentedNew contract
AED 305,000/yr12 months · AED 198 per sqft
11 Nov 2021RentedNew contract
AED 200,000/yr12 months · AED 130 per sqft
11 Nov 2020RentedNew contract
AED 160,000/yr12 months · AED 104 per sqft
2 Dec 2013Sold by developerOff-plan
AED 3,607,888AED 2,339 per sqft

Source: Dubai Land Department. Updated 11 August 2025.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
32nd of 51
Parking
B3-58
Developer
Emaar
Completed
2019
Last sold
AED 4.2M · August 2025

About 3201, The Address Residence Sky View 2

3201 is a two-bedroom hotel apartment of 1,542 sqft on the 32nd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 11 August 2025 for AED 4,200,000, or AED 2,722 per sqft, 18% below the AED 3,306 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 1 August 2024, is AED 300,000 a year: a gross yield of 7.1% on the 2025 price.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, December 2013: AED 3,607,888 (AED 2,339 per sqft)Sold, May 2024: AED 5,000,000 (AED 3,241 per sqft)Sold, August 2025: AED 4,200,000 (AED 2,722 per sqft)

3201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, 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 160,000 a yearNew contract, November 2021: AED 200,000 a yearNew contract, November 2022: AED 305,000 a yearNew contract, August 2024: AED 300,000 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 3201 sits

All 82 2-beds →

3201 last sold in August 2025 at AED 2,722 per sqft, 18% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,306). 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. 3201's AED 300,000 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
32023-bedAED 9.85M · Sep 2025
32032-bedAED 7M · Mar 2024
32043-bedAED 4M · Jun 2020
32052-bedAED 4M · Feb 2021
32063-bedAED 8.9M · Jan 2024
32071-bedAED 2.39M · Mar 2018

3201, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 3,607,888, last on 11 August 2025 for AED 4,200,000 (AED 2,722 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 160,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2025 price is 7.1%.
  • 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 11 August 2025.

Questions about 3201, The Address Residence Sky View 2

What did unit 3201 last sell for?

AED 4,200,000 on 11 August 2025: AED 2,722 per sqft for 1,542 sqft. The unit has 3 registered sales; the first was AED 3,607,888 in December 2013.

What is the rent for unit 3201?

AED 300,000 a year on the contract signed on 1 August 2024. The previous contract, from November 2022, was AED 305,000; the unit has been rented since November 2020.

How big is unit 3201?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 32nd floor of a 51-storey tower completed in 2019.

What is unit 3201 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 3201, The Address Residence Sky View 2

Starts from the last sale price (AED 4.2M, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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