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3-bed · 2,432 sqftThe Address Residence Sky View 2, Downtown Dubai · 46th floor · completed 2019

4603, The Address Residence Sky View 2

Sold prices and rental history: sold 3 times, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4603 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 11.8M22 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4603, The Address Residence Sky View 2

What is 4603 worth today?

Last sold for AED 11,800,000 in 2023

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22 Jun 2023SoldReady
AED 11,800,000AED 4,852 per sqft
11 Jun 2015SoldOff-plan
AED 7,620,921AED 3,207 per sqft
4 Aug 2014Sold by developerOff-plan
AED 6,626,888AED 2,725 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
3-bed hotel apartment
Size
2,432 sqft
Floor
46th of 51
Parking
B2-256, B2-255
Developer
Emaar
Completed
2019
Last sold
AED 11.8M · June 2023
Building
The Address Residence Sky View 2

About 4603, The Address Residence Sky View 2

4603 is a three-bedroom hotel apartment of 2,432 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 22 June 2023 for AED 11,800,000, or AED 4,852 per sqft, 34% above the AED 3,611 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4603 over time

Sales
Unit 4603, 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, August 2014: AED 6,626,888 (AED 2,725 per sqft)Sold, June 2015: AED 7,620,921 (AED 3,207 per sqft)Sold, June 2023: AED 11,800,000 (AED 4,852 per sqft)

4603 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4603, 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 509,998

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 4603 sits

All 92 3-beds →

4603 last sold in June 2023 at AED 4,852 per sqft, 34% above what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 3,611). 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.

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 →

Other units on the 46th floor

All 216 units in The Address Residence Sky View 2
Value
46013-bedAED 5.78M · Aug 2019
46025-bedAED 8M · Jan 2023
46044-bedAED 14.5M · Feb 2026
46054-bedAED 5.11M · Dec 2013

4603, The Address Residence Sky View 2 in numbers

  • Sold 3 times: first on 4 August 2014 for AED 6,626,888, last on 22 June 2023 for AED 11,800,000 (AED 4,852 per sqft).
  • 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 22 June 2023.

Questions about 4603, The Address Residence Sky View 2

What did unit 4603 last sell for?

AED 11,800,000 on 22 June 2023: AED 4,852 per sqft for 2,432 sqft. The unit has 3 registered sales; the first was AED 6,626,888 in August 2014.

How big is unit 4603?

2,432 sqft (225.9 sqm): a three-bedroom hotel apartment on the 46th floor of a 51-storey tower completed in 2019.

What is unit 4603 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 4603, The Address Residence Sky View 2

Starts from the last sale price (AED 11.8M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 11,800,000
Deposit, UAE resident (20%)
AED 2,360,000
Deposit, non-resident (40%)
AED 4,720,000
Monthly over 25 years at 3.7%
AED 48,277

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