4202, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in January 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4202, The Address Residence Sky View 2
What is 4202 worth today?
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Source: Dubai Land Department. Updated 7 May 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,021 sqft
- Floor
- 42nd of 51
- Parking
- B2-91, B2-361
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 8M · January 2023
- Building
- The Address Residence Sky View 2
About 4202, The Address Residence Sky View 2
4202 is a three-bedroom hotel apartment of 2,021 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 30 January 2023 for AED 8,000,000, or AED 3,957 per sqft, 21% above the AED 3,281 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 May 2024, is AED 550,000 a year: a gross yield of 6.9% on the 2023 price.
Sales and rents for 4202 over time
4202 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 4202 sits
All 92 3-beds →4202 last sold in January 2023 at AED 3,957 per sqft, 21% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,281). 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. 4202's AED 550,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 2,021 sqft | 8,200,000 | 4,056 | ||
| 11 Jun 202611 June 2026 | 2,021 sqft | 8,400,000 | 4,155 | ||
| 30 Apr 202630 April 2026 | 2,432 sqft | 10,000,000 | 4,112 | ||
| 22 Dec 202522 December 2025 | 2,432 sqft | 12,000,000 | 4,935 |
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 | |||||
|---|---|---|---|---|---|
| 4201 | 2-bed | 1,542 sqft | AED 3.8MAED 3,800,000 · Jul 2022July 2022 | 300,000 /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 |
4202, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 28 November 2013 for AED 5,488,888, last on 30 January 2023 for AED 8,000,000 (AED 3,957 per sqft).
- Rented since September 2022 on 2 Ejari contracts, from AED 450,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2023 price is 6.9%.
- 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 7 May 2024.
Questions about 4202, The Address Residence Sky View 2
What did unit 4202 last sell for?
AED 8,000,000 on 30 January 2023: AED 3,957 per sqft for 2,021 sqft. The unit has 3 registered sales; the first was AED 5,488,888 in November 2013.
What is the rent for unit 4202?
AED 550,000 a year on the contract signed on 7 May 2024. The previous contract, from September 2022, was AED 450,000.
How big is unit 4202?
2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 42nd floor of a 51-storey tower completed in 2019.
What is unit 4202 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 4202, The Address Residence Sky View 2
Starts from the last sale price (AED 8M, 30 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →