1-bed · 854 sqftThe Address Residence Fountain View 2, Downtown Dubai · 10th floor · completed 2019

1006, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 3.6M28 May 2024
Current rentAED 140K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, The Address Residence Fountain View 2

What is 1006 worth today?

Last sold for AED 3,600,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2026RentedRenewal
AED 140,000/yr12 months · AED 165 per sqft
1 Jul 2025RentedNew contract
AED 140,000/yr12 months · AED 165 per sqft
1 Oct 2024RentedRenewal
AED 88,000/yr12 months · AED 103 per sqft
1 Jul 2024RentedNew contract
AED 140,000/yr12 months · AED 165 per sqft
28 May 2024SoldReady
AED 3,600,000AED 4,217 per sqft
1 Oct 2023RentedNew contract
AED 186,667/yr9 months · AED 220 per sqft
1 Oct 2022RentedNew contract
AED 165,000/yr8 months · AED 194 per sqft
24 Jan 2016Sold by developerOff-plan
AED 2,536,888AED 3,004 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed hotel apartment
Size
854 sqft
Floor
10th of 58
Parking
B3-215
Developer
Emaar
Completed
2019
Last sold
AED 3.6M · May 2024

About 1006, The Address Residence Fountain View 2

1006 is a one-bedroom hotel apartment of 854 sqft on the 10th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 28 May 2024 for AED 3,600,000, or AED 4,217 per sqft, 5% above the AED 4,027 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 140,000 a year: a gross yield of 3.9% on the 2024 price.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical one-bed in The Address Residence Fountain View 2
2M4M2013201720212025Typical sale price by year: 2013 AED 2,075,388; 2014 AED 2,394,630; 2015 AED 2,447,836; 2016 AED 2,270,276; 2017 AED 2,433,750; 2018 AED 2,268,444; 2019 AED 1,450,000; 2020 AED 2,169,888; 2021 AED 2,100,000; 2022 AED 2,600,000; 2023 AED 3,206,444; 2024 AED 3,600,000; 2025 AED 3,550,000; 2026 AED 3,950,000Sold by developer, January 2016: AED 2,536,888 (AED 3,004 per sqft)Sold, May 2024: AED 3,600,000 (AED 4,217 per sqft)

1006 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in The Address Residence Fountain View 2
100K200K201920222025Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 140,000; 2022 AED 170,000; 2023 AED 210,000; 2024 AED 230,000; 2025 AED 202,700; 2026 AED 175,000New contract, October 2022: AED 165,000 a yearNew contract, October 2023: AED 186,667 a yearNew contract, July 2024: AED 140,000 a yearRenewal, October 2024: AED 88,000 a yearNew contract, July 2025: AED 140,000 a yearRenewal, July 2026: AED 140,000 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 2, and where 1006 sits

All 80 1-beds →

1006 last sold in May 2024 at AED 4,217 per sqft, 5% above what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 4,027). Over the last 12 months one-beds sold for AED 3,500,000 to 4,600,000, around AED 4,629 per sqft, and rent for AED 102,000 to 250,000 a year. 1006's AED 140,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 20263,500,000
21 Jan 20264,600,000
8 Jan 20263,950,000
16 Dec 20253,800,000
5 1-bed sales in the last 12 months

The Address Residence Fountain View 2

Building

289 apartments, 1-bed to 6-bed over 58 floors in Downtown Dubai, completed in 2019 by Emaar. 21 sold in the last 12 months.

Typical price per sqft
AED 4,453 Up 2.6%
Typical sale
AED 5.4M
Typical rent
AED 250K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →
Value
10012-bedAED 3M · Dec 2022
10021-bedAED 3.8M · Dec 2025
10031-bedAED 2.9M · Mar 2022
10042-bedAED 6.3M · Jan 2024
10051-bedAED 3.6M · Jan 2024
10072-bedAED 4.95M · Mar 2024

1006, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 24 January 2016 for AED 2,536,888, last on 28 May 2024 for AED 3,600,000 (AED 4,217 per sqft).
  • Rented since October 2022 on 6 Ejari contracts. The rent fell from AED 165,000 to AED 88,000 in 2024 and recovered to AED 140,000 by July 2026.
  • At AED 140,000 a year the gross yield on the 2024 price is 3.9%.
  • One-beds in The Address Residence Fountain View 2 sold for AED 3,500,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 4,453 per sqft.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 1006, The Address Residence Fountain View 2

What did unit 1006 last sell for?

AED 3,600,000 on 28 May 2024: AED 4,217 per sqft for 854 sqft. The unit has 2 registered sales; the first was AED 2,536,888 in January 2016.

What is the rent for unit 1006?

AED 140,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 140,000; the unit has been rented since October 2022.

How big is unit 1006?

854 sqft (79.3 sqm): a one-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.

What is unit 1006 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 2 sold for AED 3,500,000 to 4,600,000 in the last 12 months, around AED 4,629 per sqft.

Selling 1006? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1006, The Address Residence Fountain View 2

Starts from the last sale price (AED 3.6M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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