4802, The Address Residence Sky View 2
Sold prices and rental history: sold twice, last in August 2018, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4802, The Address Residence Sky View 2
What is 4802 worth today?
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Source: Dubai Land Department. Updated 5 November 2022.
Key facts
- Type
- 5-bed hotel apartment
- Size
- 3,130 sqft
- Floor
- 48th of 51
- Parking
- B2-364, B2-337, B2-338
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 7.74M · August 2018
- Building
- The Address Residence Sky View 2
About 4802, The Address Residence Sky View 2
4802 is a five-bedroom hotel apartment of 3,130 sqft on the 48th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 August 2018 for AED 7,735,110, or AED 2,471 per sqft, 11% below the AED 2,775 five-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 November 2022. The current contract, signed on 5 November 2022, is AED 1,193,583 a year: a gross yield of 15.4% on the 2018 price.
Sales and rents for 4802 over time
4802 has sold twice; 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 4802 sits
All 5 5-beds →4802 last sold in August 2018 at AED 2,471 per sqft, 11% below what five-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,775).
| 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 | ||
| 31 Jan 202331 January 2023 | 3,130 sqft | 8,000,000 | 2,556 | ||
| 28 Jul 202228 July 2022 | 3,130 sqft | 10,000,000 | 3,195 |
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 24802, The Address Residence Sky View 2 in numbers
- Sold twice: first on 21 May 2017 for AED 9,668,888, last on 14 August 2018 for AED 7,735,110 (AED 2,471 per sqft).
- Rented since November 2022 on one Ejari contract, at AED 1,193,583 a year.
- At AED 1,193,583 a year the gross yield on the 2018 price is 15.4%.
Source: Dubai Land Department. Updated 5 November 2022.
Questions about 4802, The Address Residence Sky View 2
What did unit 4802 last sell for?
AED 7,735,110 on 14 August 2018: AED 2,471 per sqft for 3,130 sqft. The unit has 2 registered sales; the first was AED 9,668,888 in May 2017.
What is the rent for unit 4802?
AED 1,193,583 a year on the contract signed on 5 November 2022.
How big is unit 4802?
3,130 sqft (290.8 sqm): a five-bedroom hotel apartment on the 48th floor of a 51-storey tower completed in 2019.
What is unit 4802 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 4802, The Address Residence Sky View 2
Starts from the last sale price (AED 7.74M, 14 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 7,735,110
- Deposit, UAE resident (20%)
- AED 1,547,022
- Deposit, non-resident (40%)
- AED 3,094,044
- Monthly over 25 years at 3.7%
- AED 31,647
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →