2-bed · 1,673 sqftThe Address Residence Sky View 2, Downtown Dubai · 43rd floor · completed 2019

4305, The Address Residence Sky View 2

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4305 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 4.47M12 December 2013
Current rentAED 430K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4305, The Address Residence Sky View 2

What is 4305 worth today?

Last sold for AED 4,470,888 in 2013

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1 Oct 2025RentedRenewal
AED 430,000/yr12 months · AED 253 per sqft
1 Oct 2024RentedNew contract
AED 430,000/yr12 months · AED 253 per sqft
5 Jun 2023RentedNew contract
AED 400,000/yr12 months · AED 235 per sqft
4 Oct 2022RentedNew contract
AED 300,000/yr6 months · AED 176 per sqft
4 Oct 2022RentedRenewal
AED 300,000/yr12 months · AED 176 per sqft
4 Oct 2021RentedNew contract
AED 300,000/yr12 months · AED 176 per sqft
1 Sep 2020RentedNew contract
AED 175,000/yr12 months · AED 103 per sqft
12 Dec 2013Sold by developerOff-plan
AED 4,470,888AED 2,629 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed hotel apartment
Size
1,673 sqft
Floor
43rd of 51
Parking
B3-45
Developer
Emaar
Completed
2019
Last sold
AED 4.47M · December 2013

About 4305, The Address Residence Sky View 2

4305 is a two-bedroom hotel apartment of 1,673 sqft on the 43rd 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 12 December 2013 for AED 4,470,888, or AED 2,629 per sqft, 3% above the AED 2,545 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 430,000 a year: a gross yield of 9.6% on the 2013 price.

Sales and rents for 4305 over time

Sales
Unit 4305, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,802,888; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,450,000; 2022 AED 5,167,500; 2023 AED 5,950,000; 2024 AED 5,150,000; 2025 AED 5,600,000; 2026 AED 5,200,000Sold by developer, December 2013: AED 4,470,888 (AED 2,629 per sqft)

4305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4305, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 245,000; 2022 AED 325,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 415,000; 2026 AED 330,000New contract, September 2020: AED 175,000 a yearNew contract, October 2021: AED 300,000 a yearNew contract, October 2022: AED 300,000 a yearRenewal, October 2022: AED 300,000 a yearNew contract, June 2023: AED 400,000 a yearNew contract, October 2024: AED 430,000 a yearRenewal, October 2025: AED 430,000 a year

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 4305 sits

All 82 2-beds →

4305 last sold in December 2013 at AED 2,629 per sqft, 3% above what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,545). 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. 4305's AED 430,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20264,400,000
25 Mar 20265,200,000
23 Jan 20267,200,000
25 Nov 20255,600,000
4 2-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
43012-bedAED 4.4M · Oct 2026
43023-bedAED 7.7M · Dec 2022
43032-bedAED 8M · May 2024
43043-bedAED 8M · Dec 2022
43063-bedAED 9.9M · Sep 2024
43071-bedAED 2.42M · Dec 2013

4305, The Address Residence Sky View 2 in numbers

  • Sold once: by Emaar on 12 December 2013 for AED 4,470,888, or AED 2,629 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 175,000 to AED 430,000 a year.
  • At AED 430,000 a year the gross yield on the 2013 price is 9.6%.
  • 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 2025.

Questions about 4305, The Address Residence Sky View 2

What did unit 4305 last sell for?

AED 4,470,888 on 12 December 2013, sold by the developer: AED 2,629 per sqft for 1,673 sqft. It is the only registered sale of the unit.

What is the rent for unit 4305?

AED 430,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 430,000; the unit has been rented since September 2020.

How big is unit 4305?

1,673 sqft (155.4 sqm): a two-bedroom hotel apartment on the 43rd floor of a 51-storey tower completed in 2019.

What is unit 4305 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 4305, The Address Residence Sky View 2

Starts from the last sale price (AED 4.47M, 12 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,470,888
Deposit, UAE resident (20%)
AED 894,178
Deposit, non-resident (40%)
AED 1,788,355
Monthly over 25 years at 3.7%
AED 18,292

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