4801, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4801, The Address Residence Sky View 2
What is 4801 worth today?
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Source: Dubai Land Department. Updated 21 August 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,156 sqft
- Floor
- 48th of 51
- Parking
- B2-93, B2-327, B2-328
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 5.8M · February 2017
- Building
- The Address Residence Sky View 2
About 4801, The Address Residence Sky View 2
4801 is a three-bedroom hotel apartment of 2,156 sqft on the 48th 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 14 February 2017 for AED 5,801,888, or AED 2,690 per sqft, in line with the AED 2,707 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 21 August 2024, is AED 500,000 a year: a gross yield of 8.6% on the 2017 price.
Sales and rents for 4801 over time
4801 has sold once; the dashed line is the three-bed median of each year in the building.
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 4801 sits
All 92 3-beds →4801 last sold in February 2017 at AED 2,690 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,707). 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. 4801's AED 500,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 2,021 sqft | 8,200,000 | 4,056 | ||
| 11 Jun 202611 June 2026 | 2,021 sqft | 8,400,000 | 4,155 | ||
| 30 Apr 202630 April 2026 | 2,432 sqft | 10,000,000 | 4,112 | ||
| 22 Dec 202522 December 2025 | 2,432 sqft | 12,000,000 | 4,935 |
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 48th floor
All 216 units in The Address Residence Sky View 24801, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 14 February 2017 for AED 5,801,888, or AED 2,690 per sqft.
- Rented since November 2020 on 3 Ejari contracts, from AED 265,000 to AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2017 price is 8.6%.
- 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 21 August 2024.
Questions about 4801, The Address Residence Sky View 2
What did unit 4801 last sell for?
AED 5,801,888 on 14 February 2017, sold by the developer: AED 2,690 per sqft for 2,156 sqft. It is the only registered sale of the unit.
What is the rent for unit 4801?
AED 500,000 a year on the contract renewed on 21 August 2024. The previous contract, from August 2023, was AED 460,000; the unit has been rented since November 2020.
How big is unit 4801?
2,156 sqft (200.3 sqm): a three-bedroom hotel apartment on the 48th floor of a 51-storey tower completed in 2019.
What is unit 4801 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 4801, The Address Residence Sky View 2
Starts from the last sale price (AED 5.8M, 14 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 5,801,888
- Deposit, UAE resident (20%)
- AED 1,160,378
- Deposit, non-resident (40%)
- AED 2,320,755
- Monthly over 25 years at 3.7%
- AED 23,737
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →