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Address Residences Sky View

A 2 bed in Address Residences Sky View costs a median AED 6.50M and returns 4.0% short-term at the assumed 70% occupancy.

Satellite view of Address Residences Sky View, Downtown Dubai, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

6.50MAED

AED 3,826/sqft · +5.9% on a year

vs Downtown Dubai
56% above the median
Cost to buy, all inAED 6.90M
Price
AED 6.50M
DLD fee 4%
AED 260,000
Agent 2% + VAT
AED 136,500
Trustee
AED 4,200

Against this building’s registered sales of the same type.

Ask about Address Residences Sky View →

Is Address Residences Sky View a good investment?Prices rising, with nothing to watch; no record of the yield and the rent trend

  1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
  2. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
  3. Are prices going up?2 bed: AED 3,612/sqft a year ago, 3,826 now+5.9%Strength
  4. How fast do fees pay back?AED 400,700 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 400,700
  5. Can I sell easily?32 sales in 12 months (41 the year before)32
  6. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
  7. Did earlier buyers gain?Up 59% for buyers 5 years ago; up 54% for launch buyers, before fees+59.1%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Address Residences Sky View prices and rents by unit typeA two-bed costs about AED 6.50M

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 4.00M3,458/sqftnot yet letnot yet letunder 5 sales in a year3
2 bedAED 6.50M3,826/sqftlaunch 2,475 +54.6%not yet letnot yet let+5.9%19
3 bedAED 8.60M4,259/sqftlaunch 2,563 +66.2%not yet letnot yet let+3.5%8
4+ bedAED 11.75M4,090/sqftnot yet letnot yet letunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Downtown Dubai · area median AED 2,458/sqft

3 years
+14.1% · +4.5%/yr
5 years
+83.0% · +12.9%/yr
vs area median
+55.6%
Rank by price per sqft
9th of 81

Short-term income

2 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 1,349
Net revenue
AED 262,748/yr
Listings seen
15+

Read with care

  • No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: May 2013, AED 4,004,388; latest, Sep 2026, AED 6,900,000; peak, Oct 2024, AED 7,400,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 3,826 · before fees

Launch, 2013–20
2,492
+54%
5 years ago
2,405
+59%
3 years ago
3,238
+18%
Previous 12 months
3,856
−1%
Last 12 months
3,826
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

32 resales in the last 12 months, against 42 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
21 Sept 20261 bed1,157AED 4,100,0003,544
16 Sept 20262 bed1,699AED 6,800,0004,002
10 Aug 20262 bed1,699AED 7,000,0004,120
23 Jul 20262 bed1,699AED 6,500,0003,826
4 Jun 20263 bed2,020AED 8,200,0004,060
18 May 20262 bed1,699AED 6,500,0003,825
4 May 20263 bed2,020AED 6,500,0003,218
14 Apr 20262 bed850AED 1,800,0002,119
3 Apr 20262 bed1,518AED 5,300,0003,491
18 Mar 20263 bed2,134AED 6,000,0002,812

32 resales in the last 12 months.

Short-term rates around Address Residences Sky View

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 13+ listings seen9280.80/sqftAED 180,843——4.5%
2 bed500 m cluster · 15+ listings seen1,3490.79/sqftAED 262,748——4.0%
3 bed500 m cluster · 9+ listings seen2,0621.02/sqftAED 411,311——4.8%
4+ bed500 m cluster · 5+ listings seen1,9590.68/sqftAED 374,752———

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Downtown Dubai

Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. Address Residences Sky View places 12th of 116; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
8Address Fountain Views Residences - Tower 2Completed 2019 · off-plan 2,601/sqftAED 5.20M4,339+13.4%—+10.3%28
9Burj Lake Hotel - The Address DownTownAED 3.40M4,333+13.2%—-1.5%72
10Address Residences Sky View 2Completed 2019 · off-plan 2,597/sqftAED 7.83M4,134+8.1%—-6.9%12
11Binghatti Skyblade6% · Q4 2027 · off-plan 3,909/sqftAED 1.97M3,909+2.2%5.7%-0.3%472
12Address Residences Sky View · this buildingCompleted 2019 · off-plan 2,533/sqftAED 6.50M3,826—-0.8%32
13Vida Dubai Mall Tower 2Completed 2022 · off-plan 2,161/sqftAED 4.35M3,803-0.6%4.6%+6.4%14
14The Address - The BLVDCompleted 2017 · off-plan 2,443/sqftAED 4.85M3,771-1.4%3.9%+2.4%43
15The 118Completed 2016 · off-plan 3,171/sqftAED 24.74M3,720-2.8%——7
16Solara Tower Dubai11% · Q3 2027 · off-plan 3,324/sqftAED 8.20M3,705-3.2%—+14.5%50

Rank 1 is the dearest per square foot. Differences are against Address Residences Sky View (AED 3,826/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Address Residences Sky View has registered sale prices 56% above the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 9th of 81 by price per square foot in Downtown Dubai.

Market context in Downtown Dubai

Registered sales activity

1,759 ready apartment sales in the 12 months to 2026-10-12.

+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.

Explore sales activity

Planned apartment projects

2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.

Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.

New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.

How these are counted
Find service-charge budget evidence for Address Residences Sky View

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The The Address Residence - Sky View towers

3 towers in The Address Residence - Sky View, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Address Residences Sky View · this buildingAED 6.50M19 sales3,826—none—
Address Residences Sky View 2AED 5.60M5 sales3,631—none—
Bridge Sky—none——none—
Downtown Dubai: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
29 Boulevard3 towers · rent filed for the projectAED 160,00062 contractsAED 2.92M27 sales2,3745.5%
Act One | Act Two2 towers · rent filed for the projectAED 169,772116 contractsAED 3.08M22 sales2,6815.5%
Baccarat Hotel and Residences, Dubai2 towers—none—1 sale, too few——
Bellevue Towers2 towers · rent filed for the projectAED 147,50030 contractsAED 2.75M5 sales2,1285.4%
Blvd Crescent3 towers · rent filed for the projectAED 181,30030 contractsAED 3.29M4 sales2,3305.5%
Blvd Heights3 towers · rent filed for the projectAED 215,00078 contractsAED 3.80M14 sales2,4185.7%
Burj Views4 towers · rent filed for the projectAED 135,00067 contractsAED 2.46M10 sales1,7915.5%
Burj Vista2 towers · rent filed for the projectAED 180,00078 contractsAED 3.75M19 sales2,6284.8%
Claren 13 towers · rent filed for the projectAED 165,00013 contractsAED 2.80M5 sales2,0735.9%
DD Boulevard Central3 towers · rent filed for the projectAED 160,00031 contractsAED 2.90M9 sales2,2595.5%
DD Stand Point2 towers · rent filed for the projectAED 145,00043 contractsAED 2.70M13 sales2,1845.4%
Forte2 towers · rent filed for the projectAED 170,000135 contractsAED 3.08M36 sales2,7465.5%
The Address Dubai Opera2 towers · rent filed for the projectAED 250,000168 contractsAED 4.00M47 sales3,3486.3%
The Address Residence - Sky View · this development3 towers—noneAED 6.35M24 sales3,825—
The St. Regis Residences, Downtown Dubai2 towers—noneAED 4.08M74 sales3,065—
Vida Dubai Mall2 towers · rent filed for the projectAED 205,00054 contractsAED 4.20M21 sales3,8544.9%
All of Downtown Dubaievery building, in a project or notAED 180,0001,689 contractsAED 3.95M987 sales2,8674.6%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.

About Address Residences Sky View

Address Residences Sky View is an apartment building completed in 2019 by Emaar Properties in Downtown Dubai. 422 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Master developer
Emaar Properties

Drive times · typical

Downtown
7 min · 1.4 km
DXB Airport
16 min · 16 km
DIFC
8 min · 5.2 km
Dubai Marina
19 min · 21 km
Palm Jumeirah
25 min · 26 km

Nearest, as registered

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Burj Khalifa

Address Residences Sky View: AED 3,826 per sq ft, 56% above the median Downtown Dubai building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Address Residences Sky ViewAED 3,826
  2. Downtown Dubai, readyAED 2,665
  3. Downtown Dubai, off-planAED 3,819
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Downtown Dubai, by handover quarter

More from Emaar Properties

Nearby in Downtown Dubai

Prices per sq ft around Address Residences Sky View, on the map
Pills show median sale price, AED. 94 buildings pinned from Google place records and Apple geocoding · Address Residences Sky View is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Address Residences Sky View’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Address Residences Sky View?
No gross yield is published for Address Residences Sky View as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 19 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Downtown Dubai median is 5.5% gross.
How much does a 2 bedroom in Address Residences Sky View cost?
The median registered sale price is AED 6.50M (3,826 AED/sqft), from 19 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Address Residences Sky View selling for right now?
Registered sales of ready units in Address Residences Sky View over the last 12 months have a median of 3,826 AED/sqft, across 19 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Address Residences Sky View risen or fallen?
Median price per square foot moved +5.9% over the last 12 months against the 12 before it, on 19 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
Does Address Residences Sky View earn more short-term than long-let?
A night asks a median of AED 1,349, which models to 4.0% net at an assumed 70% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.

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Address Residences Sky View sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
19 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/downtown-dubai/address-residences-sky-view
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Address Residences Sky View sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/address-residences-sky-view

Stable dataJSON