4205, The Address Residence Sky View 2
Sold prices and rental history: sold 3 times, last in June 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4205, The Address Residence Sky View 2
What is 4205 worth today?
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Source: Dubai Land Department. Updated 30 December 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,700 sqft
- Floor
- 42nd of 51
- Parking
- B3-313
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 6.09M · June 2022
- Building
- The Address Residence Sky View 2
About 4205, The Address Residence Sky View 2
4205 is a two-bedroom hotel apartment of 1,700 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 9 June 2022 for AED 6,090,000, or AED 3,581 per sqft, 26% above the AED 2,839 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 30 December 2023, is AED 460,000 a year: a gross yield of 7.5% on the 2022 price.
Sales and rents for 4205 over time
4205 has sold 3 times; 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 4205 sits
All 82 2-beds →4205 last sold in June 2022 at AED 3,581 per sqft, 26% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,839). 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. 4205's AED 460,000 is at the top 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 | |||||
|---|---|---|---|---|---|
| 4201 | 2-bed | 1,542 sqft | AED 3.8MAED 3,800,000 · Jul 2022July 2022 | 300,000 /yr | |
| 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 | ||
| 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 |
4205, The Address Residence Sky View 2 in numbers
- Sold 3 times: first on 28 November 2013 for AED 4,462,888, last on 9 June 2022 for AED 6,090,000 (AED 3,581 per sqft).
- Rented since September 2020 on 3 Ejari contracts, from AED 160,000 to AED 460,000 a year.
- At AED 460,000 a year the gross yield on the 2022 price is 7.5%.
- 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 30 December 2023.
Questions about 4205, The Address Residence Sky View 2
What did unit 4205 last sell for?
AED 6,090,000 on 9 June 2022: AED 3,581 per sqft for 1,700 sqft. The unit has 3 registered sales; the first was AED 4,462,888 in November 2013.
What is the rent for unit 4205?
AED 460,000 a year on the contract signed on 30 December 2023. The previous contract, from September 2021, was AED 172,000; the unit has been rented since September 2020.
How big is unit 4205?
1,700 sqft (157.9 sqm): a two-bedroom hotel apartment on the 42nd floor of a 51-storey tower completed in 2019.
What is unit 4205 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 4205, The Address Residence Sky View 2
Starts from the last sale price (AED 6.09M, 9 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,090,000
- Deposit, UAE resident (20%)
- AED 1,218,000
- Deposit, non-resident (40%)
- AED 2,436,000
- Monthly over 25 years at 3.7%
- AED 24,916
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →