4803, The Address Residence Sky View 2
Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4803, The Address Residence Sky View 2
What is 4803 worth today?
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Source: Dubai Land Department. Updated 2 November 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,432 sqft
- Floor
- 48th of 51
- Parking
- B2-360, B2-251, B2-250
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 7.25M · January 2017
- Building
- The Address Residence Sky View 2
About 4803, The Address Residence Sky View 2
4803 is a three-bedroom hotel apartment of 2,432 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 4 January 2017 for AED 7,245,888, or AED 2,979 per sqft, in line with the AED 2,940 three-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 2 November 2022, is AED 600,000 a year: a gross yield of 8.3% on the 2017 price.
Sales and rents for 4803 over time
4803 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 4803 sits
All 92 3-beds →4803 last sold in January 2017 at AED 2,979 per sqft, in line with what three-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,940). 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. 4803's AED 600,000 is at the top 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 24803, The Address Residence Sky View 2 in numbers
- Sold once: by Emaar on 4 January 2017 for AED 7,245,888, or AED 2,979 per sqft.
- Rented since January 2021 on 3 Ejari contracts, from AED 330,000 to AED 600,000 a year.
- At AED 600,000 a year the gross yield on the 2017 price is 8.3%.
- 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 2 November 2022.
Questions about 4803, The Address Residence Sky View 2
What did unit 4803 last sell for?
AED 7,245,888 on 4 January 2017, sold by the developer: AED 2,979 per sqft for 2,432 sqft. It is the only registered sale of the unit.
What is the rent for unit 4803?
AED 600,000 a year on the contract signed on 2 November 2022. The previous contract, from January 2022, was AED 400,000; the unit has been rented since January 2021.
How big is unit 4803?
2,432 sqft (225.9 sqm): a three-bedroom hotel apartment on the 48th floor of a 51-storey tower completed in 2019.
What is unit 4803 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 4803, The Address Residence Sky View 2
Starts from the last sale price (AED 7.25M, 4 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 7,245,888
- Deposit, UAE resident (20%)
- AED 1,449,178
- Deposit, non-resident (40%)
- AED 2,898,355
- Monthly over 25 years at 3.7%
- AED 29,645
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →