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. 452 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,806 per sqft. At AED 3,806 per sqft, The Address Sky View Tower 2 prices 4% below the Downtown Dubai median of AED 3,969 per sqft on registered sales.

PIX© price · ↓8.6% YoY

8.37MAED

Typical

3,806AED

PSF

Gross yield

6.0%

PIX© rent ÷ PIX© price

Sale records

452

DLD · all time

Rent contracts

520

Ejari · all time

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

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station0.2 km

MallRaza Cargo 700.2 km

SchoolHabiyns Institute of Education0.3 km

HospitalDubai UAE Health Care0.2 km

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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 41

…

2 Bed on Floor 41, The Address Sky View Tower 2

Size
Record: Nov 2013 to Sep 2025
Owners: 5
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	1 Sep 2025	12 mo	Renewal Owner 5
2Tenant 2	1 Sep 2024	12 mo	Owner 5
1Tenant 1	2 Sep 2023	12 mo	Renewal Owner 5
1Tenant 1	2 Sep 2022	12 mo	Owner 5
5Owner 5	10 Mar 2022	4.5 yrs	Current owner
4Owner 4	22 Nov 2018	3.3 yrs
3Owner 3	6 Nov 2018	16 d
2Owner 2	11 Jun 2014	4.4 yrs
1Owner 1	28 Nov 2013	6 mo

PIX© Airbnb Calculator

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

2 Bed · Floor 41 · The Address Sky View Tower 2

Nightly rateAED

Occupancy (237 nights)

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The Address Sky View Tower 23,806AED/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	8.37M	3,806	↓8.6%		506K	6.0%
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 Unknown) 598,163 sqft	1	-	-	-		-	-
Commercial
Shop 7,595 - 14,453 sqft	7	-	-	-	-	-	-
Warehouse 117 - 682 sqft	92	-	-	-	-	-	-

Sales - Project-Wide452 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
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
21 May 2026	1 Bed	The Address Sky View Tower 2 · Floor 31	1,051	4,000,000	3,804	+35.6%	Standard	Standard Sale

Rentals - Project-Wide520 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
18 Sep 2026	2 Bed	The Address Sky View Tower 2 · Floor 30	1,699	300,000	177	-	Standard	CERTIFICATE
14 Sep 2026	1 Bed	The Address Sky View Tower 2 · Floor 29	1,051	210,000	200	-	Standard	CONTRACT
2 Sep 2026	1 Bed	The Address Sky View Tower 2 · Floor 27	1,051	200,000	190	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

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 Tower 1

PIX© PSF

3,780

Rank

#9 of 13

#8 of 13

Typical price

6.77M

Yield

6.3%

Units

317

328

Sales

101

153

Rents

309

381

Developer

EMAAR

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Address Residence Fountain Views EMAAR · Completed	871					377	804
	The Address Residence Fountain Views 2 EMAAR · Completed	311					131	314
	Kempinski BLVD EMAAR · Completed	545					258	781
	Vida Residence Downtown EMAAR · Completed	357					176	488
	The Address Sky View Towers EMAAR · Completed	798					254	690
	The Address Sky View Tower 1 EMAAR · Completed	328					153	381
9	The Address Sky View Tower 2 EMAAR · Completed	317	3,780	Subject	6.77M	6.3%	101	309
	Vida Dubai Mall Tower 1 EMAAR · Completed	452					24	97
	Vida Residences Dubai Mall EMAAR · Completed	760					39	328
	Upper Crest DAMAC · Completed	398					133	1,138
	Damac Maison The Distinction DAMAC · Completed	308					91	490

Community median 3,969 AED/sqft. Showing the closest-ranked peers of 13 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 22 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 Tower 1AED 3,907/sqft
Vida Dubai Mall Tower 1AED 3,692/sqft
Vida Residences Dubai MallAED 3,692/sqft
The Address Sky View TowersAED 3,969/sqft
Vida Residence DowntownAED 4,082/sqft
Kempinski BLVDAED 4,273/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 3,806 per sqft, or about AED 8,369,234 for a typical unit, based on 452 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 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 520 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 -8.6% over the last 12 months, to AED 3,806, across 452 registered sales.