Emaar Development P.J.S.C. · Selling since 2013 · recent sales mostly resales
AED 3,815/sqft
+8.7%
AED 5,014,897
AED 2,719,234 to AED 8,047,803, from 13.3 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in The Address Residence - Sky View — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in The Address Residence - Sky View over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in The Address Residence - Sky View itself; the rest are homes of the same size in Downtown Dubai, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 2 beds | AED 6.2M | AED 230,000/yrsame size in Downtown Dubai | 3.7% | 23 |
| 3 beds | AED 8.8M | AED 285,000/yrsame size in Downtown Dubai | 3.2% | 16 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 2 beds here reads 5.3% instead of 3.7%, because it prices the home at AED 4.32M — the median across every sale on record — rather than the AED 6.2M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 29/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 2 beds | AED 49,264 | AED 180,736 | 3.7% | 2.9% |
| 3 beds | AED 58,619 | AED 226,381 | 3.2% | 2.6% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Price vs. Downtown Dubai median
+40.6%
Priced above the area's real median — ask why.
Developer track record
53,702 real transactions
56 completed · 35 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
673 m
Burj Khalifa / Dubai Mall
1.3 km
Canadian University Dubai
270 m
Mediclinic
376 m
Géant
The St. Regis Residences, Downtown Dubai
Emaar Development P.J.S.C.
Azha Downtown Residences
AZHA DOWNTOWN RESIDENCES L.L.C
Society House Downtown Dubai
Digo Real Estate Development (Br Of Invest Group Overseas (L L C) )
One Residence
Ginco Properties L.L.C
Binghatti Skyblade
Binghatti
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Burj Khalifa — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.