1-bed · 841 sqftThe Address Residence Fountain View 1, Downtown Dubai · 20th floor · completed 2019

2006, The Address Residence Fountain View 1

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 3.65M28 November 2023
Current rentAED 175K /yr30 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, The Address Residence Fountain View 1

What is 2006 worth today?

Last sold for AED 3,650,000 in 2023

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28 Nov 2023SoldReady
AED 3,650,000AED 4,341 per sqft
30 Sep 2022RentedNew contract
AED 175,000/yr12 months · AED 208 per sqft
30 Sep 2021RentedNew contract
AED 160,000/yr12 months · AED 191 per sqft
17 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
12 Feb 2014SoldOff-plan
AED 2,144,877AED 2,551 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,949,888AED 2,319 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
1-bed hotel apartment
Size
841 sqft
Floor
20th of 58
Parking
B3-103
Developer
Emaar
Completed
2019
Last sold
AED 3.65M · November 2023

About 2006, The Address Residence Fountain View 1

2006 is a one-bedroom hotel apartment of 841 sqft on the 20th floor of The Address Residence Fountain View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 28 November 2023 for AED 3,650,000, or AED 4,341 per sqft, 22% above the AED 3,571 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 30 September 2022, is AED 175,000 a year: a gross yield of 4.8% on the 2023 price.

Sales and rents for 2006 over time

Sales
Unit 2006, each saleTypical one-bed in The Address Residence Fountain View 1
2M4M2013201720212025Typical sale price by year: 2013 AED 1,973,888; 2014 AED 2,333,457; 2015 AED 2,189,888; 2016 AED 2,275,888; 2018 AED 1,700,000; 2019 AED 1,620,000; 2020 AED 1,535,000; 2021 AED 2,360,000; 2022 AED 2,655,000; 2023 AED 3,025,000; 2024 AED 3,525,000; 2025 AED 3,725,000; 2026 AED 3,800,000Sold by developer, October 2013: AED 1,949,888 (AED 2,319 per sqft)Sold, February 2014: AED 2,144,877 (AED 2,551 per sqft)Sold, November 2023: AED 3,650,000 (AED 4,341 per sqft)

2006 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2006, each contractTypical one-bed in The Address Residence Fountain View 1
100K150K200K2020202220242026Typical rent by year: 2020 AED 110,000; 2021 AED 139,000; 2022 AED 175,000; 2023 AED 210,000; 2024 AED 205,000; 2025 AED 190,000; 2026 AED 170,000New contract, September 2020: AED 115,000 a yearNew contract, September 2021: AED 160,000 a yearNew contract, September 2022: AED 175,000 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 1, and where 2006 sits

All 80 1-beds →

2006 last sold in November 2023 at AED 4,341 per sqft, 22% above what one-beds in The Address Residence Fountain View 1 were fetching at the time (AED 3,571). Over the last 12 months one-beds sold for AED 3,700,000 to 4,000,000, around AED 4,497 per sqft, and rent for AED 95,000 to 235,000 a year. 2006's AED 175,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20263,800,000
30 Jan 20263,700,000
8 Jan 20264,000,000
19 Dec 20253,750,000
4 1-bed sales in the last 12 months

The Address Residence Fountain View 1

Building

286 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 24 sold in the last 12 months.

Typical price per sqft
AED 4,497 Down 0.3%
Typical sale
AED 5.68M
Typical rent
AED 260K /yr
Typical yield
4.6%
The Address Residence Fountain View 1, Downtown Dubai: prices, sales and rents →
Value
20012-bedAED 4.5M · Dec 2022
20021-bedAED 2.4M · Aug 2016
20031-bedAED 2.85M · Aug 2022
20042-bedAED 4.5M · Apr 2022
20051-bedAED 4.36M · Aug 2025
20072-bedAED 3.5M · Jun 2013

2006, The Address Residence Fountain View 1 in numbers

  • Sold 3 times: first on 3 October 2013 for AED 1,949,888, last on 28 November 2023 for AED 3,650,000 (AED 4,341 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 115,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.8%.
  • One-beds in The Address Residence Fountain View 1 sold for AED 3,700,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,497 per sqft.

Source: Dubai Land Department. Updated 28 November 2023.

Questions about 2006, The Address Residence Fountain View 1

What did unit 2006 last sell for?

AED 3,650,000 on 28 November 2023: AED 4,341 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,949,888 in October 2013.

What is the rent for unit 2006?

AED 175,000 a year on the contract signed on 30 September 2022. The previous contract, from September 2021, was AED 160,000; the unit has been rented since September 2020.

How big is unit 2006?

841 sqft (78.1 sqm): a one-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.

What is unit 2006 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 1 sold for AED 3,700,000 to 4,000,000 in the last 12 months, around AED 4,497 per sqft.

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Mortgage on 2006, The Address Residence Fountain View 1

Starts from the last sale price (AED 3.65M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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