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2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 33rd floor · completed 2019

3301, The Address Residence Sky View 2

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

Unit 3301 · DLD and Ejari recordsUpdated 13 March 2023
Last soldAED 4.25M13 March 2023
Current rentAED 145K /yr12 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3301, The Address Residence Sky View 2

What is 3301 worth today?

Last sold for AED 4,250,000 in 2023

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13 Mar 2023SoldReady
AED 4,250,000AED 2,755 per sqft
12 Oct 2020RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
3 Dec 2013Sold by developerOff-plan
AED 3,613,888AED 2,342 per sqft

Source: Dubai Land Department. Updated 13 March 2023.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
33rd of 51
Parking
B3-332
Developer
Emaar
Completed
2019
Last sold
AED 4.25M · March 2023
Building
The Address Residence Sky View 2

About 3301, The Address Residence Sky View 2

3301 is a two-bedroom hotel apartment of 1,542 sqft on the 33rd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 13 March 2023 for AED 4,250,000, or AED 2,755 per sqft, 14% below the AED 3,207 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2020. The current contract, signed on 12 October 2020, is AED 145,000 a year: a gross yield of 3.4% on the 2023 price.

Sales and rents for 3301 over time

Sales
Unit 3301, 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 3,613,888 (AED 2,342 per sqft)Sold, March 2023: AED 4,250,000 (AED 2,755 per sqft)

3301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3301, 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, October 2020: AED 145,000 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 3301 sits

All 82 2-beds →

3301 last sold in March 2023 at AED 2,755 per sqft, 14% below 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. 3301's AED 145,000 is at the bottom 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 →

Other units on the 33rd floor

All 216 units in The Address Residence Sky View 2
Value
33023-bedAED 5.4M · Dec 2013
33032-bedAED 7.2M · Jun 2023
33043-bedAED 12.1M · Oct 2025
33052-bedAED 7.9M · Sep 2024
33063-bedAED 6.5M · Aug 2022
33071-bedAED 3.25M · May 2023

3301, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 3 December 2013 for AED 3,613,888, last on 13 March 2023 for AED 4,250,000 (AED 2,755 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 3.4%.
  • 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 13 March 2023.

Questions about 3301, The Address Residence Sky View 2

What did unit 3301 last sell for?

AED 4,250,000 on 13 March 2023: AED 2,755 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 3,613,888 in December 2013.

What is the rent for unit 3301?

AED 145,000 a year on the contract signed on 12 October 2020.

How big is unit 3301?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 33rd floor of a 51-storey tower completed in 2019.

What is unit 3301 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 3301, The Address Residence Sky View 2

Starts from the last sale price (AED 4.25M, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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