2802, The Address Residence Fountain View 1
Sold prices and rental history: sold once, by the developer in October 2013, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2802, The Address Residence Fountain View 1
What is 2802 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,337 sqft
- Floor
- 28th of 58
- Parking
- B3-063
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.47M · October 2013
About 2802, The Address Residence Fountain View 1
2802 is a two-bedroom hotel apartment of 1,337 sqft on the 28th floor of The Address Residence Fountain View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 3 October 2013 for AED 3,465,888, or AED 2,592 per sqft, 8% above the AED 2,402 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 300,000 a year: a gross yield of 8.7% on the 2013 price.
Sales and rents for 2802 over time
2802 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residence Fountain View 1, and where 2802 sits
All 153 2-beds →2802 last sold in October 2013 at AED 2,592 per sqft, 8% above what two-beds in The Address Residence Fountain View 1 were fetching at the time (AED 2,402). Over the last 12 months two-beds sold for AED 1,540,000 to 7,200,000, around AED 4,188 per sqft, and rent for AED 140,000 to 500,000 a year. 2802's AED 300,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 723 sqft | 1,800,000 | 2,489 | ||
| 28 Oct 202628 October 2026 | 1,445 sqft | 5,000,000 | 3,459 | ||
| 29 Sep 202629 September 2026 | 1,445 sqft | 5,300,000 | 3,666 | ||
| 21 Sep 202621 September 2026 | 1,336 sqft | 6,700,000 | 5,015 |
The Address Residence Fountain View 1
Building286 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%
Other units on the 28th floor
All 286 units in The Address Residence Fountain View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 2-bed | 723 sqft | AED 2.2MAED 2,200,000 · Mar 2023March 2023 | 260,000 /yr | |
| 2803 | 3-bed | 2,217 sqft | AED 11.4MAED 11,400,000 · Mar 2024March 2024 | 620,000 /yr | |
| 2804 | 2-bed | 1,332 sqft | AED 3.39MAED 3,393,888 · Oct 2013October 2013 | 290,000 /yr | |
| 2805 | 2-bed | 1,447 sqft | AED 3.89MAED 3,890,000 · Mar 2017March 2017 | 200,000 /yr |
2802, The Address Residence Fountain View 1 in numbers
- Sold once: by Emaar on 3 October 2013 for AED 3,465,888, or AED 2,592 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 250,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2013 price is 8.7%.
- Two-beds in The Address Residence Fountain View 1 sold for AED 1,540,000–7,200,000 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 1 June 2023.
Questions about 2802, The Address Residence Fountain View 1
What did unit 2802 last sell for?
AED 3,465,888 on 3 October 2013, sold by the developer: AED 2,592 per sqft for 1,337 sqft. It is the only registered sale of the unit.
What is the rent for unit 2802?
AED 300,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 270,000; the unit has been rented since June 2021.
How big is unit 2802?
1,337 sqft (124.2 sqm): a two-bedroom hotel apartment on the 28th floor of a 58-storey tower completed in 2019.
What is unit 2802 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Fountain View 1 sold for AED 1,540,000 to 7,200,000 in the last 12 months, around AED 4,188 per sqft.
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Mortgage on 2802, The Address Residence Fountain View 1
Starts from the last sale price (AED 3.47M, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,465,888
- Deposit, UAE resident (20%)
- AED 693,178
- Deposit, non-resident (40%)
- AED 1,386,355
- Monthly over 25 years at 3.7%
- AED 14,180
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →