1-bed · 853 sqftThe Address Residence Fountain View 2, Downtown Dubai · 5th floor · completed 2019

502, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 2.5M28 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, The Address Residence Fountain View 2

What is 502 worth today?

Last sold for AED 2,500,000 in 2025

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28 May 2025SoldReady
AED 2,500,000AED 2,930 per sqft
2 Nov 2020Sold by developerReady
AED 2,044,888AED 2,396 per sqft

Source: Dubai Land Department. Updated 28 May 2025.

Key facts

Type
1-bed hotel apartment
Size
853 sqft
Floor
5th of 58
Parking
B3-153
Developer
Emaar
Completed
2019
Last sold
AED 2.5M · May 2025

About 502, The Address Residence Fountain View 2

502 is a one-bedroom hotel apartment of 853 sqft on the 5th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 28 May 2025 for AED 2,500,000, or AED 2,930 per sqft, 31% below the AED 4,217 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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 2020: AED 2,044,888 (AED 2,396 per sqft)Sold, May 2025: AED 2,500,000 (AED 2,930 per sqft)

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

Rents
Unit 502, 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 245,000

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 502 sits

All 73 1-beds →

502 last sold in May 2025 at AED 2,930 per sqft, 31% below what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 4,217). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 20263,950,000
16 Dec 20253,800,000
17 Apr 20252,500,000
18 Nov 20244,000,000
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 →
Value
5012-bedAED 5.1M · Nov 2024
5031-bedAED 2.5M · Apr 2022
5042-bedAED 4M · May 2025
5051-bedAED 1.49M · Jan 2020
5061-bedAED 3.25M · Dec 2023
5072-bedAED 3.28M · Aug 2021

502, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 2 November 2020 for AED 2,044,888, last on 28 May 2025 for AED 2,500,000 (AED 2,930 per sqft).
  • 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 28 May 2025.

Questions about 502, The Address Residence Fountain View 2

What did unit 502 last sell for?

AED 2,500,000 on 28 May 2025: AED 2,930 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 2,044,888 in November 2020.

How big is unit 502?

853 sqft (79.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2019.

What is unit 502 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 502, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.5M, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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