1-bed · 853 sqftThe Address Residence Fountain View 2, Downtown Dubai · 11th floor · completed 2019

1102, The Address Residence Fountain View 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 2.59M17 August 2015
Current rentAED 235K /yr7 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, The Address Residence Fountain View 2

What is 1102 worth today?

Last sold for AED 2,589,888 in 2015

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7 Feb 2023RentedNew contract
AED 235,000/yr12 months · AED 276 per sqft
7 Feb 2022RentedNew contract
AED 200,000/yr12 months · AED 235 per sqft
17 Aug 2015Sold by developerOff-plan
AED 2,589,888AED 3,067 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
1-bed hotel apartment
Size
853 sqft
Floor
11th of 58
Parking
B3-216
Developer
Emaar
Completed
2019
Last sold
AED 2.59M · August 2015

About 1102, The Address Residence Fountain View 2

1102 is a one-bedroom hotel apartment of 853 sqft on the 11th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 17 August 2015 for AED 2,589,888, or AED 3,067 per sqft, 5% above the AED 2,909 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 February 2023, is AED 235,000 a year: a gross yield of 9.1% on the 2015 price.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, August 2015: AED 2,589,888 (AED 3,067 per sqft)

1102 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1102, each contractTypical one-bed in The Address Residence Fountain View 2
100K200K20192021202320252027Typical 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, February 2022: AED 200,000 a yearNew contract, February 2023: AED 235,000 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 1102 sits

All 80 1-beds →

1102 last sold in August 2015 at AED 3,067 per sqft, 5% above what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,909). 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. 1102's AED 235,000 is in the upper 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 255K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →
Value
11012-bedAED 3.75M · Dec 2022
11031-bedAED 3.25M · Oct 2022
11042-bedAED 4.87M · Sep 2015
11051-bedAED 2.29M · Nov 2013
11061-bedAED 4M · Nov 2025
11072-bedAED 3.68M · Jun 2014

1102, The Address Residence Fountain View 2 in numbers

  • Sold once: by Emaar on 17 August 2015 for AED 2,589,888, or AED 3,067 per sqft.
  • Rented since February 2022 on 2 Ejari contracts, from AED 200,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2015 price is 9.1%.
  • 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 7 February 2023.

Questions about 1102, The Address Residence Fountain View 2

What did unit 1102 last sell for?

AED 2,589,888 on 17 August 2015, sold by the developer: AED 3,067 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 235,000 a year on the contract signed on 7 February 2023. The previous contract, from February 2022, was AED 200,000.

How big is unit 1102?

853 sqft (79.2 sqm): a one-bedroom hotel apartment on the 11th floor of a 58-storey tower completed in 2019.

What is unit 1102 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.

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Mortgage on 1102, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.59M, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,589,888
Deposit, UAE resident (20%)
AED 517,978
Deposit, non-resident (40%)
AED 1,035,955
Monthly over 25 years at 3.7%
AED 10,596

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