701, The Address Residence Fountain View 1
Sold prices and rental history: sold twice, last in May 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Address Residence Fountain View 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,447 sqft
- Floor
- 7th of 58
- Parking
- B3-016
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.5M · May 2022
About 701, The Address Residence Fountain View 1
701 is a two-bedroom hotel apartment of 1,447 sqft on the 7th floor of The Address Residence Fountain View 1, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 19 May 2022 for AED 3,500,000, or AED 2,418 per sqft, 13% below the AED 2,767 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 May 2025, is AED 265,000 a year: a gross yield of 7.6% on the 2022 price.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 153 2-beds →701 last sold in May 2022 at AED 2,418 per sqft, 13% below what two-beds in The Address Residence Fountain View 1 were fetching at the time (AED 2,767). 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. 701's AED 265,000 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 7th floor
All 286 units in The Address Residence Fountain View 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 839 sqft | AED 3.5MAED 3,500,000 · Jan 2025January 2025 | 250,000 /yr | |
| 703 | 1-bed | 839 sqft | AED 2.36MAED 2,360,266 · Apr 2014April 2014 | ||
| 704 | 2-bed | 1,494 sqft | AED 3.88MAED 3,883,684 · Oct 2013October 2013 | 290,000 /yr | |
| 705 | 1-bed | 839 sqft | AED 1.93MAED 1,929,888 · Oct 2013October 2013 | ||
| 706 | 1-bed | 839 sqft | AED 3.15MAED 3,150,000 · Jan 2024January 2024 | ||
| 707 | 2-bed | 1,446 sqft | AED 5.05MAED 5,050,000 · Nov 2024November 2024 | 270,000 /yr |
701, The Address Residence Fountain View 1 in numbers
- Sold twice: first on 3 October 2013 for AED 3,086,888, last on 19 May 2022 for AED 3,500,000 (AED 2,418 per sqft).
- Rented since May 2025 on 2 Ejari contracts, at AED 265,000 a year.
- At AED 265,000 a year the gross yield on the 2022 price is 7.6%.
- 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 15 May 2025.
Questions about 701, The Address Residence Fountain View 1
What did unit 701 last sell for?
AED 3,500,000 on 19 May 2022: AED 2,418 per sqft for 1,447 sqft. The unit has 2 registered sales; the first was AED 3,086,888 in October 2013.
What is the rent for unit 701?
AED 265,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 265,000.
How big is unit 701?
1,447 sqft (134.4 sqm): a two-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.
What is unit 701 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 701, The Address Residence Fountain View 1
Starts from the last sale price (AED 3.5M, 19 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →