4502, The Address Residence Fountain View 1
Sold prices and rental history: sold once, by the developer in March 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4502, The Address Residence Fountain View 1
What is 4502 worth today?
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Source: Dubai Land Department. Updated 16 November 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,336 sqft
- Floor
- 45th of 58
- Parking
- B3-027
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.48M · March 2015
About 4502, The Address Residence Fountain View 1
4502 is a two-bedroom hotel apartment of 1,336 sqft on the 45th 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 11 March 2015 for AED 4,480,094, or AED 3,353 per sqft, 19% above the AED 2,815 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 16 November 2022, is AED 285,000 a year: a gross yield of 6.4% on the 2015 price.
Sales and rents for 4502 over time
4502 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 4502 sits
All 153 2-beds →4502 last sold in March 2015 at AED 3,353 per sqft, 19% above what two-beds in The Address Residence Fountain View 1 were fetching at the time (AED 2,815). 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. 4502's AED 285,000 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 45th floor
All 286 units in The Address Residence Fountain View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 2-bed | 1,447 sqft | AED 4.66MAED 4,664,888 · Oct 2020October 2020 | ||
| 4503 | 3-bed | 2,218 sqft | AED 6.66MAED 6,657,199 · Feb 2017February 2017 | 275,000 /yr | |
| 4504 | 2-bed | 1,334 sqft | AED 7MAED 7,000,000 · Jan 2026January 2026 | 500,000 /yr | |
| 4505 | 2-bed | 1,446 sqft | AED 2.5MAED 2,500,000 · Dec 2020December 2020 | 330,000 /yr |
4502, The Address Residence Fountain View 1 in numbers
- Sold once: by Emaar on 11 March 2015 for AED 4,480,094, or AED 3,353 per sqft.
- Rented since November 2020 on 3 Ejari contracts, from AED 160,000 to AED 285,000 a year.
- At AED 285,000 a year the gross yield on the 2015 price is 6.4%.
- 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 16 November 2022.
Questions about 4502, The Address Residence Fountain View 1
What did unit 4502 last sell for?
AED 4,480,094 on 11 March 2015, sold by the developer: AED 3,353 per sqft for 1,336 sqft. It is the only registered sale of the unit.
What is the rent for unit 4502?
AED 285,000 a year on the contract renewed on 16 November 2022. The previous contract, from November 2021, was AED 250,000; the unit has been rented since November 2020.
How big is unit 4502?
1,336 sqft (124.1 sqm): a two-bedroom hotel apartment on the 45th floor of a 58-storey tower completed in 2019.
What is unit 4502 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 4502, The Address Residence Fountain View 1
Starts from the last sale price (AED 4.48M, 11 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 4,480,094
- Deposit, UAE resident (20%)
- AED 896,019
- Deposit, non-resident (40%)
- AED 1,792,038
- Monthly over 25 years at 3.7%
- AED 18,329
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →