The Address Sky View Tower 2, Downtown Dubai
The Address Sky View Tower 2 is the second half of Emaar’s twin-tower Address Sky View development in Downtown Dubai, completed in 2019. Unlike sister Tower 1, which is fully freehold residential, Tower 2 combines a five-star Address hotel and serviced apartments with a genuine, individually-owned freehold apartment market of its own. Royale Stays manages Downtown Dubai short-term rentals from a fee starting from 15%.
Developer
Emaar Properties
Storeys
56
Completed
2019-2020
Units
Hotel/serviced + freehold mix

About The Address Sky View Tower 2
The Address Sky View Tower 2 is the second half of Emaar's twin-tower Address Sky View development on Sheikh Mohammed bin Rashid Boulevard in Downtown Dubai, completed in 2019 after construction began in 2013. Unlike its sister building, Tower 1, which is dedicated entirely to individually-owned freehold residences, Tower 2 combines a five-star Address Hotels + Resorts hotel and a block of serviced apartments with a genuine, individually-owned freehold apartment market of its own, confirmed by dedicated for-sale and to-rent listings on major portals separate from the hotel's own bookable inventory.
The two towers are connected at level 51 by a three-level sky bridge, home to a shared 70-metre infinity-edge pool and the rooftop restaurant Ce La Vi, with sweeping views over Downtown Dubai and the Burj Khalifa.
Location & Nearby Landmarks
The Address Sky View Tower 2 sits on Sheikh Mohammed bin Rashid Boulevard, in the heart of Downtown Dubai's Burj Khalifa district, directly beside its sister Tower 1. The Dubai Mall and Burj Khalifa are both within easy reach on foot or via the building's air-conditioned mall travelator, and Dubai Metro's Burj Khalifa/Dubai Mall station is a short walk away.
Nearby buildings Royale Stays also manages or covers include The Address Sky View Tower 1, Bahwan Tower and Bellevue Tower 1, other towers in the same short-term-rental-dense pocket of Downtown Dubai.
Unit Types
Tower 2 offers 1, 2, 3, 4 and 5-bedroom apartments across multiple floor-plan variants, alongside the tower's separately-operated hotel rooms and serviced-apartment inventory. Owners looking at Tower 2 specifically for a short-term-rental investment should confirm with their agent or Royale Stays whether a given unit is one of the individually-owned freehold apartments or part of the hotel's own operated inventory, since the two are managed under entirely different arrangements.
Amenities
Residents and owners share the sky bridge's infinity-edge pool along with a standard pool, fully equipped gym, 24-hour security, multiple event spaces, a community garden, and a children's play club. Ce La Vi, the signature restaurant and bar atop the sky bridge, and the separately-branded Sky Views Observatory sit within the same complex podium. Concierge-style service reflects Address Hotels + Resorts management for the tower as a whole.
Transportation & Access
The Address Sky View Tower 2 connects directly to The Dubai Mall via an air-conditioned travelator, with Dubai Metro's Burj Khalifa/Dubai Mall station a short walk away. Parking for residents and guests is available across 3 podium levels.
Rental & Price Trends
Royale Stays has not independently verified a building-specific long-term rental yield figure for The Address Sky View Tower 2 at this time. Owners considering a freehold unit here should confirm with their agent that the unit in question is one of the individually-owned freehold apartments rather than part of the hotel's own operated inventory.
Airbnb / Short-Term Rental Income Potential
Downtown Dubai's combination of year-round tourist demand, proximity to the Burj Khalifa and Dubai Mall, and a steady stream of business travellers makes the individually-owned freehold apartments in buildings like Address Sky View Tower 2 attractive for short-term letting. As an Emaar Hospitality-managed, Address-branded building, the DTCM holiday-home permit here is arranged through the building's own management company rather than as a standalone owner application.
Royale Stays handles that coordination directly, alongside furnishing, professional photography, dynamic pricing, guest communication, check-in and maintenance, for a fee starting from 15%.
No confirmed direct STR listing was found for an individually-owned unit in this specific tower during research; Downtown Dubai's own strong demand profile is used above as context, not a building-specific claim.
Questions