4602, The Address Residence Sky View 2
Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4602, The Address Residence Sky View 2
What is 4602 worth today?
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Source: Dubai Land Department. Updated 5 March 2025.
Key facts
- Type
- 5-bed hotel apartment
- Size
- 3,130 sqft
- Floor
- 46th of 51
- Parking
- B2-82, B2-320, B2-321
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 8M · January 2023
- Building
- The Address Residence Sky View 2
About 4602, The Address Residence Sky View 2
4602 is a five-bedroom hotel apartment of 3,130 sqft on the 46th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 31 January 2023 for AED 8,000,000, or AED 2,556 per sqft, 20% below the AED 3,195 five-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 2,354,400 a year: a gross yield of 29.4% on the 2023 price.
Sales and rents for 4602 over time
4602 has sold 4 times; the dashed line is the five-bed median of each year in the building.
5-beds in The Address Residence Sky View 2, and where 4602 sits
All 5 5-beds →4602 last sold in January 2023 at AED 2,556 per sqft, 20% below what five-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,195).
| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Apr 202311 April 2023 | 3,130 sqft | 13,600,000 | 4,345 | ||
| 10 Apr 202310 April 2023 | 3,130 sqft | 13,800,000 | 4,409 | ||
| 28 Jul 202228 July 2022 | 3,130 sqft | 11,300,000 | 3,610 | ||
| 14 Apr 202214 April 2022 | 3,130 sqft | 12,300,000 | 3,929 |
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 46th floor
All 216 units in The Address Residence Sky View 24602, The Address Residence Sky View 2 in numbers
- Sold 4 times: first on 4 August 2014 for AED 8,946,888, last on 31 January 2023 for AED 8,000,000 (AED 2,556 per sqft).
- Rented since March 2023 on 4 Ejari contracts, from AED 2,000,000 to AED 2,354,400 a year.
- At AED 2,354,400 a year the gross yield on the 2023 price is 29.4%.
Source: Dubai Land Department. Updated 5 March 2025.
Questions about 4602, The Address Residence Sky View 2
What did unit 4602 last sell for?
AED 8,000,000 on 31 January 2023: AED 2,556 per sqft for 3,130 sqft. The unit has 4 registered sales; the first was AED 8,946,888 in August 2014.
What is the rent for unit 4602?
AED 2,354,400 a year on the contract renewed on 5 March 2025. The previous contract, from March 2025, was AED 2,354,400; the unit has been rented since March 2023.
How big is unit 4602?
3,130 sqft (290.8 sqm): a five-bedroom hotel apartment on the 46th floor of a 51-storey tower completed in 2019.
What is unit 4602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4602, The Address Residence Sky View 2
Starts from the last sale price (AED 8M, 31 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 →