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1-bed · 851 sqftThe Address Residence Fountain View 2, Downtown Dubai · 2nd floor · completed 2019

203, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in December 2021, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 6 December 2021
Last soldAED 1.74M6 December 2021
Current rentAED 117K /yr4 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, The Address Residence Fountain View 2

What is 203 worth today?

Last sold for AED 1,742,000 in 2021

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6 Dec 2021SoldReady
AED 1,742,000AED 2,045 per sqft
4 Sep 2020RentedNew contract
AED 117,000/yr12 months · AED 138 per sqft
8 Nov 2018Sold by developerOff-plan
AED 2,286,888AED 2,685 per sqft

Source: Dubai Land Department. Updated 6 December 2021.

Key facts

Type
1-bed hotel apartment
Size
851 sqft
Floor
2nd of 58
Parking
B3-280
Developer
Emaar
Completed
2019
Last sold
AED 1.74M · December 2021
Building
The Address Residence Fountain View 2

About 203, The Address Residence Fountain View 2

203 is a one-bedroom hotel apartment of 851 sqft on the 2nd floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 6 December 2021 for AED 1,742,000, or AED 2,045 per sqft, 17% below the AED 2,460 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 September 2020. The current contract, signed on 4 September 2020, is AED 117,000 a year: a gross yield of 6.7% on the 2021 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in The Address Residence Fountain View 2
2M3M2013201720212025Typical sale price by year: 2013 AED 2,080,888; 2014 AED 2,400,048; 2015 AED 2,469,498; 2016 AED 2,378,479; 2017 AED 2,500,000; 2018 AED 2,268,444; 2020 AED 2,198,888; 2021 AED 2,275,000; 2022 AED 2,612,500; 2023 AED 3,206,444; 2024 AED 3,600,000; 2025 AED 2,500,000Sold by developer, November 2018: AED 2,286,888 (AED 2,685 per sqft)Sold, December 2021: AED 1,742,000 (AED 2,045 per sqft)

203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in The Address Residence Fountain View 2
100K200K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 140,000; 2022 AED 170,000; 2023 AED 220,000; 2024 AED 230,000; 2025 AED 185,577; 2026 AED 245,000New contract, September 2020: AED 117,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residence Fountain View 2, and where 203 sits

All 73 1-beds →

203 last sold in December 2021 at AED 2,045 per sqft, 17% below what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,460). Over the last 12 months one-beds sold for AED 3,800,000 to 4,600,000, around AED 4,658 per sqft, and rent for AED 102,000 to 250,000 a year. 203's AED 117,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 20263,950,000
16 Dec 20253,800,000
28 May 20252,500,000
17 Apr 20252,500,000
4 1-bed sales in the last 12 months

The Address Residence Fountain View 2

Building

289 apartments, 1-bed to 6-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 4,658 Up 7.4%
Typical sale
AED 5.3M
Typical rent
AED 320K /yr
Typical yield
4.9%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →

Other units on the 2nd floor

All 289 units in The Address Residence Fountain View 2
Value
2012-bedAED 4.7M · Mar 2023
2021-bedAED 2.2M · Mar 2016
2042-bedAED 3M · Jun 2021
2051-bedAED 2.58M · May 2016
2061-bedAED 3.16M · Jan 2023
2072-bedAED 4M · Oct 2021

203, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 8 November 2018 for AED 2,286,888, last on 6 December 2021 for AED 1,742,000 (AED 2,045 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 117,000 a year.
  • At AED 117,000 a year the gross yield on the 2021 price is 6.7%.
  • One-beds in The Address Residence Fountain View 2 sold for AED 3,800,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 4,658 per sqft.

Source: Dubai Land Department. Updated 6 December 2021.

Questions about 203, The Address Residence Fountain View 2

What did unit 203 last sell for?

AED 1,742,000 on 6 December 2021: AED 2,045 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 2,286,888 in November 2018.

What is the rent for unit 203?

AED 117,000 a year on the contract signed on 4 September 2020.

How big is unit 203?

851 sqft (79.1 sqm): a one-bedroom hotel apartment on the 2nd floor of a 58-storey tower completed in 2019.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residence Fountain View 2 sold for AED 3,800,000 to 4,600,000 in the last 12 months, around AED 4,658 per sqft.

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Mortgage on 203, The Address Residence Fountain View 2

Starts from the last sale price (AED 1.74M, 6 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,742,000
Deposit, UAE resident (20%)
AED 348,400
Deposit, non-resident (40%)
AED 696,800
Monthly over 25 years at 3.7%
AED 7,127

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →