4005, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in December 2019, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4005, The Address Residence Sky View 2
What is 4005 worth today?
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Source: Dubai Land Department. Updated 1 October 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,673 sqft
- Floor
- 40th of 51
- Parking
- B3-311
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.01M · December 2019
- Building
- The Address Residence Sky View 2
About 4005, The Address Residence Sky View 2
4005 is a two-bedroom hotel apartment of 1,673 sqft on the 40th 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 26 December 2019 for AED 5,010,888, or AED 2,994 per sqft, in line with the AED 2,947 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 330,000 a year: a gross yield of 6.6% on the 2019 price.
Sales and rents for 4005 over time
4005 has sold once; 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 4005 sits
All 82 2-beds →4005 last sold in December 2019 at AED 2,994 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,947). 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. 4005's AED 330,000 is in the lower half 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 40th floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 2-bed | 1,542 sqft | AED 5.6MAED 5,600,000 · Nov 2025November 2025 | ||
| 4002 | 3-bed | 2,021 sqft | AED 5.47MAED 5,468,888 · Dec 2013December 2013 | 524,027 /yr | |
| 4003 | 2-bed | 1,699 sqft | AED 7.9MAED 7,900,000 · Mar 2024March 2024 | ||
| 4004 | 3-bed | 2,438 sqft | AED 6.09MAED 6,091,888 · Dec 2013December 2013 | ||
| 4006 | 3-bed | 1,999 sqft | AED 6.16MAED 6,158,888 · Feb 2016February 2016 | ||
| 4007 | 1-bed | 526 sqft | AED 2.72MAED 2,722,888 · Apr 2015April 2015 | 185,000 /yr |
4005, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 26 December 2019 for AED 5,010,888, or AED 2,994 per sqft.
- Rented since October 2022 on one Ejari contract, at AED 330,000 a year.
- At AED 330,000 a year the gross yield on the 2019 price is 6.6%.
- 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 1 October 2022.
Questions about 4005, The Address Residence Sky View 2
What did unit 4005 last sell for?
AED 5,010,888 on 26 December 2019, sold by the developer: AED 2,994 per sqft for 1,673 sqft. It is the only registered sale of the unit.
What is the rent for unit 4005?
AED 330,000 a year on the contract signed on 1 October 2022.
How big is unit 4005?
1,673 sqft (155.4 sqm): a two-bedroom hotel apartment on the 40th floor of a 51-storey tower completed in 2019.
What is unit 4005 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 4005, The Address Residence Sky View 2
Starts from the last sale price (AED 5.01M, 26 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 5,010,888
- Deposit, UAE resident (20%)
- AED 1,002,178
- Deposit, non-resident (40%)
- AED 2,004,355
- Monthly over 25 years at 3.7%
- AED 20,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →