3-bed · 1,999 sqftThe Address Residence Sky View 2, Downtown Dubai · 40th floor · completed 2019

4006, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in February 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4006 · DLD and Ejari recordsUpdated 1 February 2016
Last soldAED 6.16M1 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4006, The Address Residence Sky View 2

What is 4006 worth today?

Last sold for AED 6,158,888 in 2016

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1 Feb 2016Sold by developerOff-plan
AED 6,158,888AED 3,080 per sqft

Source: Dubai Land Department. Updated 1 February 2016.

Key facts

Type
3-bed hotel apartment
Size
1,999 sqft
Floor
40th of 51
Parking
B3-210, B3-229, B3-230
Developer
Emaar
Completed
2019
Last sold
AED 6.16M · February 2016

About 4006, The Address Residence Sky View 2

4006 is a three-bedroom hotel apartment of 1,999 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 1 February 2016 for AED 6,158,888, or AED 3,080 per sqft, 3% above the AED 2,984 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4006 over time

Sales
Unit 4006, each saleTypical three-bed in The Address Residence Sky View 2
5M10M2013201720212025Typical sale price by year: 2013 AED 5,483,888; 2014 AED 6,633,392; 2015 AED 6,002,888; 2016 AED 6,045,888; 2017 AED 6,071,888; 2018 AED 5,140,944; 2019 AED 5,781,888; 2020 AED 4,700,000; 2021 AED 6,300,000; 2022 AED 6,850,000; 2023 AED 8,500,000; 2024 AED 9,900,000; 2025 AED 11,800,000; 2026 AED 8,400,000Sold by developer, February 2016: AED 6,158,888 (AED 3,080 per sqft)

4006 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4006, each contractTypical three-bed in The Address Residence Sky View 2
200K400K600K2020202220242026Typical rent by year: 2020 AED 240,000; 2021 AED 380,000; 2022 AED 450,000; 2023 AED 524,000; 2024 AED 530,000; 2025 AED 547,500; 2026 AED 509,998

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Address Residence Sky View 2, and where 4006 sits

All 92 3-beds →

4006 last sold in February 2016 at AED 3,080 per sqft, 3% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,984). Over the last 12 months three-beds sold for AED 8,200,000 to 12,000,000, around AED 4,134 per sqft, and rent for AED 420,000 to 590,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Oct 20268,200,000
11 Jun 20268,400,000
30 Apr 202610,000,000
22 Dec 202512,000,000
4 3-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
40012-bedAED 5.6M · Nov 2025
40023-bedAED 5.47M · Dec 2013
40032-bedAED 7.9M · Mar 2024
40043-bedAED 6.09M · Dec 2013
40052-bedAED 5.01M · Dec 2019
40071-bedAED 2.72M · Apr 2015

4006, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 1 February 2016 for AED 6,158,888, or AED 3,080 per sqft.
  • Three-beds in The Address Residence Sky View 2 sold for AED 8,200,000–12,000,000 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 February 2016.

Questions about 4006, The Address Residence Sky View 2

What did unit 4006 last sell for?

AED 6,158,888 on 1 February 2016, sold by the developer: AED 3,080 per sqft for 1,999 sqft. It is the only registered sale of the unit.

How big is unit 4006?

1,999 sqft (185.7 sqm): a three-bedroom hotel apartment on the 40th floor of a 51-storey tower completed in 2019.

What is unit 4006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residence Sky View 2 sold for AED 8,200,000 to 12,000,000 in the last 12 months, around AED 4,134 per sqft.

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Mortgage on 4006, The Address Residence Sky View 2

Starts from the last sale price (AED 6.16M, 1 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 6,158,888
Deposit, UAE resident (20%)
AED 1,231,778
Deposit, non-resident (40%)
AED 2,463,555
Monthly over 25 years at 3.7%
AED 25,198

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