3-bed · 2,021 sqftThe Address Residence Sky View 2, Downtown Dubai · 43rd floor · completed 2019

4306, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in September 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4306 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 9.9M25 September 2024
Current rentAED 600K /yr14 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4306, The Address Residence Sky View 2

What is 4306 worth today?

Last sold for AED 9,900,000 in 2024

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25 Sep 2024SoldReady
AED 9,900,000AED 4,897 per sqft
14 Aug 2023RentedNew contract
AED 600,000/yr12 months · AED 296 per sqft
31 Mar 2022SoldReady
AED 6,200,000AED 3,067 per sqft
2 Dec 2013Sold by developerOff-plan
AED 5,497,888AED 2,719 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
3-bed hotel apartment
Size
2,021 sqft
Floor
43rd of 51
Parking
B2-43, B2-283
Developer
Emaar
Completed
2019
Last sold
AED 9.9M · September 2024

About 4306, The Address Residence Sky View 2

4306 is a three-bedroom hotel apartment of 2,021 sqft on the 43rd floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 September 2024 for AED 9,900,000, or AED 4,897 per sqft, 11% above the AED 4,427 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 August 2023. The current contract, signed on 14 August 2023, is AED 600,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 4306 over time

Sales
Unit 4306, 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, December 2013: AED 5,497,888 (AED 2,719 per sqft)Sold, March 2022: AED 6,200,000 (AED 3,067 per sqft)Sold, September 2024: AED 9,900,000 (AED 4,897 per sqft)

4306 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4306, 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 509,998New contract, August 2023: AED 600,000 a year

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 4306 sits

All 92 3-beds →

4306 last sold in September 2024 at AED 4,897 per sqft, 11% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 4,427). 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. 4306's AED 600,000 is at the top of that range.

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
43012-bedAED 4.4M · Oct 2026
43023-bedAED 7.7M · Dec 2022
43032-bedAED 8M · May 2024
43043-bedAED 8M · Dec 2022
43052-bedAED 4.47M · Dec 2013
43071-bedAED 2.42M · Dec 2013

4306, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 2 December 2013 for AED 5,497,888, last on 25 September 2024 for AED 9,900,000 (AED 4,897 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 25 September 2024.

Questions about 4306, The Address Residence Sky View 2

What did unit 4306 last sell for?

AED 9,900,000 on 25 September 2024: AED 4,897 per sqft for 2,021 sqft. The unit has 3 registered sales; the first was AED 5,497,888 in December 2013.

What is the rent for unit 4306?

AED 600,000 a year on the contract signed on 14 August 2023.

How big is unit 4306?

2,021 sqft (187.8 sqm): a three-bedroom hotel apartment on the 43rd floor of a 51-storey tower completed in 2019.

What is unit 4306 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 4306, The Address Residence Sky View 2

Starts from the last sale price (AED 9.9M, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,900,000
Deposit, UAE resident (20%)
AED 1,980,000
Deposit, non-resident (40%)
AED 3,960,000
Monthly over 25 years at 3.7%
AED 40,504

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