3501, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3501, The Address Residence Sky View 2
What is 3501 worth today?
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Source: Dubai Land Department. Updated 8 March 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,542 sqft
- Floor
- 35th of 51
- Parking
- B3-60
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.05M · March 2024
- Building
- The Address Residence Sky View 2
About 3501, The Address Residence Sky View 2
3501 is a two-bedroom hotel apartment of 1,542 sqft on the 35th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 March 2024 for AED 5,050,000, or AED 3,273 per sqft, in line with the AED 3,273 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 23 January 2023, is AED 195,000 a year: a gross yield of 3.9% on the 2024 price.
Sales and rents for 3501 over time
3501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 3501 sits
All 82 2-beds →3501 last sold in March 2024 at AED 3,273 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,273). 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. 3501's AED 195,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,542 sqft | 4,400,000 | 2,852 | ||
| 25 Mar 202625 March 2026 | 1,542 sqft | 5,200,000 | 3,371 | ||
| 23 Jan 202623 January 2026 | 1,700 sqft | 7,200,000 | 4,234 | ||
| 25 Nov 202525 November 2025 | 1,542 sqft | 5,600,000 | 3,630 |
The Address Residence Sky View 2
Building216 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%
Other units on the 35th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 3-bed | 2,021 sqft | AED 5.42MAED 5,418,888 · Dec 2013December 2013 | 600,000 /yr | |
| 3503 | 2-bed | 1,699 sqft | AED 4.63MAED 4,627,232 · Sep 2013September 2013 | 405,000 /yr | |
| 3504 | 3-bed | 2,438 sqft | AED 10.5MAED 10,500,000 · May 2023May 2023 | 520,000 /yr | |
| 3505 | 2-bed | 1,700 sqft | AED 4.41MAED 4,406,888 · Dec 2013December 2013 | ||
| 3506 | 3-bed | 2,021 sqft | AED 8.8MAED 8,800,000 · Oct 2023October 2023 | ||
| 3507 | 1-bed | 1,051 sqft | AED 3.02MAED 3,023,829 · Oct 2014October 2014 | 200,000 /yr |
3501, The Address Residence Sky View 2 in numbers
- Sold twice: first on 3 December 2013 for AED 3,625,888, last on 8 March 2024 for AED 5,050,000 (AED 3,273 per sqft).
- Rented since January 2021 on 3 Ejari contracts, from AED 180,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2024 price is 3.9%.
- 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 8 March 2024.
Questions about 3501, The Address Residence Sky View 2
What did unit 3501 last sell for?
AED 5,050,000 on 8 March 2024: AED 3,273 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 3,625,888 in December 2013.
What is the rent for unit 3501?
AED 195,000 a year on the contract signed on 23 January 2023. The previous contract, from January 2022, was AED 195,000; the unit has been rented since January 2021.
How big is unit 3501?
1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 35th floor of a 51-storey tower completed in 2019.
What is unit 3501 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 3501, The Address Residence Sky View 2
Starts from the last sale price (AED 5.05M, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,050,000
- Deposit, UAE resident (20%)
- AED 1,010,000
- Deposit, non-resident (40%)
- AED 2,020,000
- Monthly over 25 years at 3.7%
- AED 20,661
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →