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1-bed · 839 sqftThe Address Residence Fountain View 1, Downtown Dubai · 7th floor · completed 2019

706, The Address Residence Fountain View 1

Sold prices and rental history: sold 6 times, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 3.15M15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, The Address Residence Fountain View 1

What is 706 worth today?

Last sold for AED 3,150,000 in 2024

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15 Jan 2024SoldReady
AED 3,150,000AED 3,752 per sqft
3 Mar 2022SoldReady
AED 2,730,000AED 3,252 per sqft
30 Dec 2020SoldReady
AED 1,350,000AED 1,608 per sqft
17 Sep 2020SoldReady
AED 1,250,000AED 1,489 per sqft
24 Apr 2014SoldOff-plan
AED 2,369,500AED 2,822 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,910,888AED 2,276 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed hotel apartment
Size
839 sqft
Floor
7th of 58
Parking
B3-236
Developer
Emaar
Completed
2019
Last sold
AED 3.15M · January 2024
Building
The Address Residence Fountain View 1

About 706, The Address Residence Fountain View 1

706 is a one-bedroom hotel apartment of 839 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 15 January 2024 for AED 3,150,000, or AED 3,752 per sqft, 3% above the AED 3,628 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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 1,910,888 (AED 2,276 per sqft)Sold, April 2014: AED 2,369,500 (AED 2,822 per sqft)Sold, September 2020: AED 1,250,000 (AED 1,489 per sqft)Sold, December 2020: AED 1,350,000 (AED 1,608 per sqft)Sold, March 2022: AED 2,730,000 (AED 3,252 per sqft)Sold, January 2024: AED 3,150,000 (AED 3,752 per sqft)

706 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, 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 170,000

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 1, and where 706 sits

All 80 1-beds →

706 last sold in January 2024 at AED 3,752 per sqft, 3% above what one-beds in The Address Residence Fountain View 1 were fetching at the time (AED 3,628). 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.

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 →

Other units on the 7th floor

All 286 units in The Address Residence Fountain View 1
Value
7012-bedAED 3.5M · May 2022
7021-bedAED 3.5M · Jan 2025
7031-bedAED 2.36M · Apr 2014
7042-bedAED 3.88M · Oct 2013
7051-bedAED 1.93M · Oct 2013
7072-bedAED 5.05M · Nov 2024

706, The Address Residence Fountain View 1 in numbers

  • Sold 6 times: first on 3 October 2013 for AED 1,910,888, last on 15 January 2024 for AED 3,150,000 (AED 3,752 per sqft).
  • 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 15 January 2024.

Questions about 706, The Address Residence Fountain View 1

What did unit 706 last sell for?

AED 3,150,000 on 15 January 2024: AED 3,752 per sqft for 839 sqft. The unit has 6 registered sales; the first was AED 1,910,888 in October 2013.

How big is unit 706?

839 sqft (77.9 sqm): a one-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.

What is unit 706 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 706, The Address Residence Fountain View 1

Starts from the last sale price (AED 3.15M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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