The Address Sky View Tower 2

Completed|317 units · 1 tower

The Address Sky View Tower 2 is a completed development by EMAAR in Downtown Dubai, comprising 317 registered units. 453 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,635 per sqft. At AED 3,635 per sqft, The Address Sky View Tower 2 prices 8% below the Downtown Dubai median of AED 3,952 per sqft on registered sales.

PIX© price · ↓14.1% YoY

8.04MAED

Typical

3,635AED

PSF

Gross yield

6.3%

PIX© rent ÷ PIX© price

Sale records

453

DLD · all time

Rent contracts

536

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai9 min · 2.4 km

DXB Airport15 min · 15.7 km

DIFC10 min · 4.7 km

Dubai Marina22 min · 21.7 km

Palm Jumeirah23 min · 24.0 km

Nearby · straight-line

Metro stationBurj Khalifa / Dubai Mall0.2 km

MallMazaya Shopping Centre0.7 km

SchoolSalma al Ansaria School1 km

HospitalIranian Hospital Dubai3.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 22

…

2 Bed on Floor 22, The Address Sky View Tower 2

Size
Record: Dec 2013 to Oct 2026
Owners: 5
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Tenant 4	10 Oct 2026		Owner 5
5Owner 5	29 Oct 2024	2.0 yrs	Current owner Mortgage
3Tenant 3	5 Aug 2022	12 mo	Owner 4
2Tenant 2	20 Aug 2021	12 mo	Ended early Owner 4
1Tenant 1	18 Jul 2020	11 mo	Ended early Owner 4
4Owner 4	27 Oct 2016	8.0 yrs
3Owner 3	10 Sep 2014	2.1 yrs
2Owner 2	16 Apr 2014	5 mo
1Owner 1	2 Dec 2013	4 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 22 · The Address Sky View Tower 2

Nightly rateAED

Occupancy (237 nights)

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The Address Sky View Tower 23,635AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 117 - 598,163 sqft	317	8.04M	3,635	↓14.1%		508K	6.3%
Residential
1 Bed · Hotel Apartment 1,051 sqft	27
2 Bed · Hotel Apartment 1,542 - 1,968 sqft	82
3 Bed · Hotel Apartment 2,021 - 2,438 sqft	92
4 Bed · Hotel Apartment 2,279 - 3,292 sqft	11					-	-
5 Bed · Hotel Apartment 3,130 sqft	5	-	-	-		-	-
Hospitality
Hotel Room, bedrooms not recorded 598,163 sqft	1	-	-	-		-	-
Commercial
Shop 7,595 - 14,453 sqft	7	-	-	-	-	-	-
Warehouse 117 - 682 sqft	92	-	-	-	-	-	-

Sales - Project-Wide453 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
1 Oct 2026	2 Bed	The Address Sky View Tower 2 · Floor 43	1,542	4,400,000	2,853	+25.7%	Standard	Standard Sale
27 Aug 2026	4 Bed	The Address Sky View Tower 2 · Floor 45	2,279	8,000,000	3,510	0.0%	Standard	Standard Sale
11 Jun 2026	3 Bed	The Address Sky View Tower 2 · Floor 21	2,021	8,400,000	4,156	-1.2%	Standard	Standard Sale

Rentals - Project-Wide536 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Aug 2027	3 Bed	The Address Sky View Tower 2 · Floor 31	2,021	563,456	279	-	Standard	CONTRACT
21 Oct 2026	3 Bed	The Address Sky View Tower 2 · Floor 47	2,432	550,000	226	-	Premium	CERTIFICATE
16 Oct 2026	1 Bed	The Address Sky View Tower 2 · Floor 30	1,051	240,000	228	-	Standard	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

The Address Sky View Tower 2

Compared with

The Address Sky View Towers

PIX© PSF

3,426

Rank

#11 of 13

#10 of 13

Typical price

6.18M

Yield

7.3%

Units

317

798

Sales

243

Rents

315

684

Developer

EMAAR

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Address Residence Fountain Views EMAAR · Completed	871					370	829
	Kempinski BLVD EMAAR · Completed	545					248	789
	The Address Residence Fountain Views 2 EMAAR · Completed	311					127	328
	Vida Residence Downtown EMAAR · Completed	357					172	486
	The Address Sky View Tower 1 EMAAR · Completed	328					146	369
	Vida Dubai Mall Tower 1 EMAAR · Completed	452					27	128
	Vida Residences Dubai Mall EMAAR · Completed	760					44	396
	The Address Sky View Towers EMAAR · Completed	798					243	684
11	The Address Sky View Tower 2 EMAAR · Completed	317	3,426	Subject	6.18M	7.3%	97	315
	Upper Crest DAMAC · Completed	398					128	1,137
	Damac Maison The Distinction DAMAC · Completed	308					91	480

Community median 3,952 AED/sqft. Showing the closest-ranked peers of 13 ranked projects in the community. 9 community projects excluded for insufficient recorded sales. 21 excluded for trading only in the off-plan market. 47 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

The Address Sky View TowersAED 3,696/sqft
Vida Dubai Mall Tower 1AED 3,701/sqft
Vida Residences Dubai MallAED 3,701/sqft
The Address Sky View Tower 1AED 3,952/sqft
Vida Residence DowntownAED 4,115/sqft
The Address Residence Fountain Views 2AED 4,478/sqft

Common questions about The Address Sky View Tower 2

Answered from Dubai Land Department registered transactions.

How much does a property in The Address Sky View Tower 2 cost?

Property in The Address Sky View Tower 2 sells at a current PIX© price of AED 3,635 per sqft, or about AED 8,037,607 for a typical unit, based on 453 sales registered with the Dubai Land Department.

Is The Address Sky View Tower 2 completed?

Yes. The Address Sky View Tower 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of The Address Sky View Tower 2?

The Address Sky View Tower 2 is developed by EMAAR, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Address Sky View Tower 2?

The Address Sky View Tower 2 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 536 registered Ejari contracts.

How many units are in The Address Sky View Tower 2?

The Address Sky View Tower 2 holds 317 registered units, per the Dubai Land Department unit register.

Have prices in The Address Sky View Tower 2 gone up or down?

Price per sqft has fallen -14.1% over the last 12 months, to AED 3,635, across 453 registered sales.