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2-bed · 1,699 sqftThe Address Residence Sky View 2, Downtown Dubai · 40th floor · completed 2019

4003, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 7.9M14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4003, The Address Residence Sky View 2

What is 4003 worth today?

Last sold for AED 7,900,000 in 2024

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14 Mar 2024SoldReady
AED 7,900,000AED 4,648 per sqft
15 Jan 2015SoldOff-plan
AED 5,287,395AED 3,111 per sqft
4 Aug 2014Sold by developerOff-plan
AED 4,720,888AED 2,777 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
40th of 51
Parking
B3-350
Developer
Emaar
Completed
2019
Last sold
AED 7.9M · March 2024
Building
The Address Residence Sky View 2

About 4003, The Address Residence Sky View 2

4003 is a two-bedroom hotel apartment of 1,699 sqft on the 40th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 March 2024 for AED 7,900,000, or AED 4,648 per sqft, 39% above the AED 3,338 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4003 over time

Sales
Unit 4003, each saleTypical two-bed in The Address Residence Sky View 2
2.5M5M7.5M2013201720212025Typical 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, August 2014: AED 4,720,888 (AED 2,777 per sqft)Sold, January 2015: AED 5,287,395 (AED 3,111 per sqft)Sold, March 2024: AED 7,900,000 (AED 4,648 per sqft)

4003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4003, 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 4003 sits

All 82 2-beds →

4003 last sold in March 2024 at AED 4,648 per sqft, 39% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,338). 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 →

Other units on the 40th floor

All 216 units in The Address Residence Sky View 2
Value
40012-bedAED 5.6M · Nov 2025
40023-bedAED 5.47M · Dec 2013
40043-bedAED 6.09M · Dec 2013
40052-bedAED 5.01M · Dec 2019
40063-bedAED 6.16M · Feb 2016
40071-bedAED 2.72M · Apr 2015

4003, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 4 August 2014 for AED 4,720,888, last on 14 March 2024 for AED 7,900,000 (AED 4,648 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 14 March 2024.

Questions about 4003, The Address Residence Sky View 2

What did unit 4003 last sell for?

AED 7,900,000 on 14 March 2024: AED 4,648 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 4,720,888 in August 2014.

How big is unit 4003?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 40th floor of a 51-storey tower completed in 2019.

What is unit 4003 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 4003, The Address Residence Sky View 2

Starts from the last sale price (AED 7.9M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,900,000
Deposit, UAE resident (20%)
AED 1,580,000
Deposit, non-resident (40%)
AED 3,160,000
Monthly over 25 years at 3.7%
AED 32,321

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