2-bed · 1,542 sqftThe Address Residence Sky View 2, Downtown Dubai · 34th floor · completed 2019

3401, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 3 December 2013
Last soldAED 3.62M3 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, The Address Residence Sky View 2

What is 3401 worth today?

Last sold for AED 3,619,888 in 2013

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3 Dec 2013Sold by developerOff-plan
AED 3,619,888AED 2,346 per sqft

Source: Dubai Land Department. Updated 3 December 2013.

Key facts

Type
2-bed hotel apartment
Size
1,542 sqft
Floor
34th of 51
Parking
B3-59
Developer
Emaar
Completed
2019
Last sold
AED 3.62M · December 2013

About 3401, The Address Residence Sky View 2

3401 is a two-bedroom hotel apartment of 1,542 sqft on the 34th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 3 December 2013 for AED 3,619,888, or AED 2,346 per sqft, 8% below the AED 2,563 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3401 over time

Sales
Unit 3401, 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 3,619,888 (AED 2,346 per sqft)

3401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, 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 330,000

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 3401 sits

All 82 2-beds →

3401 last sold in December 2013 at AED 2,346 per sqft, 8% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,563). 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.

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
34023-bedAED 8.4M · May 2025
34032-bedAED 6.5M · Apr 2023
34043-bedAED 6.03M · Dec 2013
34052-bedAED 4.4M · Dec 2013
34063-bedAED 5.41M · Dec 2021
34071-bedAED 2.2M · Jun 2021

3401, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 3 December 2013 for AED 3,619,888, or AED 2,346 per sqft.
  • 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 3 December 2013.

Questions about 3401, The Address Residence Sky View 2

What did unit 3401 last sell for?

AED 3,619,888 on 3 December 2013, sold by the developer: AED 2,346 per sqft for 1,542 sqft. It is the only registered sale of the unit.

How big is unit 3401?

1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 34th floor of a 51-storey tower completed in 2019.

What is unit 3401 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 3401, The Address Residence Sky View 2

Starts from the last sale price (AED 3.62M, 3 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,619,888
Deposit, UAE resident (20%)
AED 723,978
Deposit, non-resident (40%)
AED 1,447,955
Monthly over 25 years at 3.7%
AED 14,810

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