4201, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4201, The Address Residence Sky View 2
What is 4201 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,542 sqft
- Floor
- 42nd of 51
- Parking
- B1-223
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.8M · July 2022
- Building
- The Address Residence Sky View 2
About 4201, The Address Residence Sky View 2
4201 is a two-bedroom hotel apartment of 1,542 sqft on the 42nd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 21 July 2022 for AED 3,800,000, or AED 2,463 per sqft, 16% below the AED 2,941 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 October 2024, is AED 300,000 a year: a gross yield of 7.9% on the 2022 price.
Sales and rents for 4201 over time
4201 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 4201 sits
All 82 2-beds →4201 last sold in July 2022 at AED 2,463 per sqft, 16% below what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,941). 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. 4201's AED 300,000 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 42nd floor
All 216 units in The Address Residence Sky View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4202 | 3-bed | 2,021 sqft | AED 8MAED 8,000,000 · Jan 2023January 2023 | 550,000 /yr | |
| 4203 | 2-bed | 1,699 sqft | AED 5.75MAED 5,750,000 · Nov 2022November 2022 | 358,500 /yr | |
| 4204 | 3-bed | 2,438 sqft | AED 4.5MAED 4,500,000 · Jul 2020July 2020 | ||
| 4205 | 2-bed | 1,700 sqft | AED 6.09MAED 6,090,000 · Jun 2022June 2022 | 460,000 /yr | |
| 4206 | 3-bed | 2,021 sqft | AED 6.18MAED 6,181,888 · Jun 2020June 2020 | 480,000 /yr | |
| 4207 | 1-bed | 1,051 sqft | AED 2.42MAED 2,419,888 · Dec 2013December 2013 |
4201, The Address Residence Sky View 2 in numbers
- Sold twice: first on 28 November 2013 for AED 3,667,888, last on 21 July 2022 for AED 3,800,000 (AED 2,463 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 180,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2022 price is 7.9%.
- 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 5 October 2024.
Questions about 4201, The Address Residence Sky View 2
What did unit 4201 last sell for?
AED 3,800,000 on 21 July 2022: AED 2,463 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 3,667,888 in November 2013.
What is the rent for unit 4201?
AED 300,000 a year on the contract signed on 5 October 2024. The previous contract, from August 2023, was AED 285,000; the unit has been rented since September 2022.
How big is unit 4201?
1,542 sqft (143.3 sqm): a two-bedroom hotel apartment on the 42nd floor of a 51-storey tower completed in 2019.
What is unit 4201 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 4201, The Address Residence Sky View 2
Starts from the last sale price (AED 3.8M, 21 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →