1007, The Address Residence Fountain View 2
Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, The Address Residence Fountain View 2
What is 1007 worth today?
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Source: Dubai Land Department. Updated 21 March 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,452 sqft
- Floor
- 10th of 58
- Parking
- B2-396
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 4.95M · March 2024
About 1007, The Address Residence Fountain View 2
1007 is a two-bedroom hotel apartment of 1,452 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 21 March 2024 for AED 4,950,000, or AED 3,409 per sqft, 8% below the AED 3,718 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 October 2023, is AED 290,000 a year: a gross yield of 5.9% on the 2024 price.
Sales and rents for 1007 over time
1007 has sold 4 times; 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 2, and where 1007 sits
All 156 2-beds →1007 last sold in March 2024 at AED 3,409 per sqft, 8% below what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 3,718). Over the last 12 months two-beds sold for AED 4,300,000 to 6,150,000, around AED 3,684 per sqft, and rent for AED 173,000 to 380,000 a year. 1007's AED 290,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,362 sqft | 5,700,000 | 4,184 | ||
| 21 Oct 202621 October 2026 | 1,362 sqft | 6,150,000 | 4,515 | ||
| 26 Sep 202626 September 2026 | 1,452 sqft | 4,300,000 | 2,961 | ||
| 10 Jun 202610 June 2026 | 1,452 sqft | 4,500,000 | 3,099 |
The Address Residence Fountain View 2
Building289 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 255K /yr
- Typical yield
- 4.6%
Other units on the 10th floor
All 289 units in The Address Residence Fountain View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,452 sqft | AED 3MAED 3,000,000 · Dec 2022December 2022 | ||
| 1002 | 1-bed | 853 sqft | AED 3.8MAED 3,800,000 · Dec 2025December 2025 | 160,000 /yr | |
| 1003 | 1-bed | 851 sqft | AED 2.9MAED 2,900,000 · Mar 2022March 2022 | ||
| 1004 | 2-bed | 1,507 sqft | AED 6.3MAED 6,300,000 · Jan 2024January 2024 | 227,866 /yr | |
| 1005 | 1-bed | 852 sqft | AED 3.6MAED 3,600,000 · Jan 2024January 2024 | 130,000 /yr | |
| 1006 | 1-bed | 854 sqft | AED 3.6MAED 3,600,000 · May 2024May 2024 | 140,000 /yr |
1007, The Address Residence Fountain View 2 in numbers
- Sold 4 times: first on 2 October 2013 for AED 3,191,888, last on 21 March 2024 for AED 4,950,000 (AED 3,409 per sqft).
- Rented since January 2022 on 3 Ejari contracts. The rent fell from AED 300,000 to AED 170,000 in 2022 and recovered to AED 290,000 by October 2023.
- At AED 290,000 a year the gross yield on the 2024 price is 5.9%.
- Two-beds in The Address Residence Fountain View 2 sold for AED 4,300,000–6,150,000 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 21 March 2024.
Questions about 1007, The Address Residence Fountain View 2
What did unit 1007 last sell for?
AED 4,950,000 on 21 March 2024: AED 3,409 per sqft for 1,452 sqft. The unit has 4 registered sales; the first was AED 3,191,888 in October 2013.
What is the rent for unit 1007?
AED 290,000 a year on the contract signed on 12 October 2023. The previous contract, from March 2022, was AED 170,000; the unit has been rented since January 2022.
How big is unit 1007?
1,452 sqft (134.9 sqm): a two-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2019.
What is unit 1007 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 2 sold for AED 4,300,000 to 6,150,000 in the last 12 months, around AED 3,684 per sqft.
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Mortgage on 1007, The Address Residence Fountain View 2
Starts from the last sale price (AED 4.95M, 21 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,950,000
- Deposit, UAE resident (20%)
- AED 990,000
- Deposit, non-resident (40%)
- AED 1,980,000
- Monthly over 25 years at 3.7%
- AED 20,252
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →