2-bed · 1,505 sqftThe Address Residence Fountain View 2, Downtown Dubai · 11th floor · completed 2019

1104, The Address Residence Fountain View 2

Sold prices and rental history: sold 4 times, last in September 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 17 August 2024
Last soldAED 4.87M15 September 2015
Current rentAED 280K /yr17 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, The Address Residence Fountain View 2

What is 1104 worth today?

Last sold for AED 4,865,373 in 2015

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17 Aug 2024RentedNew contract
AED 280,000/yr12 months · AED 186 per sqft
3 Apr 2023RentedNew contract
AED 335,000/yr12 months · AED 222 per sqft
9 Sep 2021RentedNew contract
AED 260,000/yr12 months · AED 173 per sqft
15 Sep 2015SoldOff-plan
AED 4,865,373AED 3,231 per sqft
28 May 2014SoldOff-plan
AED 4,681,078AED 3,109 per sqft
1 Oct 2013SoldOff-plan
AED 3,796,465AED 2,521 per sqft
20 May 2013Sold by developerOff-plan
AED 3,685,888AED 2,448 per sqft

Source: Dubai Land Department. Updated 17 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,505 sqft
Floor
11th of 58
Parking
B3-388
Developer
Emaar
Completed
2019
Last sold
AED 4.87M · September 2015

About 1104, The Address Residence Fountain View 2

1104 is a two-bedroom hotel apartment of 1,505 sqft on the 11th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 15 September 2015 for AED 4,865,373, or AED 3,231 per sqft, 20% above the AED 2,686 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 17 August 2024, is AED 280,000 a year: a gross yield of 5.8% on the 2015 price.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical two-bed in The Address Residence Fountain View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 3,608,388; 2014 AED 4,204,364; 2015 AED 3,486,793; 2016 AED 3,560,444; 2017 AED 3,786,076; 2018 AED 3,601,404; 2019 AED 3,100,000; 2020 AED 3,050,000; 2021 AED 3,500,000; 2022 AED 3,995,000; 2023 AED 5,000,000; 2024 AED 5,125,000; 2025 AED 5,825,000; 2026 AED 5,350,000Sold by developer, May 2013: AED 3,685,888 (AED 2,448 per sqft)Sold, October 2013: AED 3,796,465 (AED 2,521 per sqft)Sold, May 2014: AED 4,681,078 (AED 3,109 per sqft)Sold, September 2015: AED 4,865,373 (AED 3,231 per sqft)

1104 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1104, each contractTypical two-bed in The Address Residence Fountain View 2
200K300K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 150,000; 2021 AED 187,500; 2022 AED 260,000; 2023 AED 320,000; 2024 AED 325,000; 2025 AED 315,000; 2026 AED 270,000New contract, September 2021: AED 260,000 a yearNew contract, April 2023: AED 335,000 a yearNew contract, August 2024: AED 280,000 a year

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 1104 sits

All 156 2-beds →

1104 last sold in September 2015 at AED 3,231 per sqft, 20% above what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,686). 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. 1104's AED 280,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20265,700,000
21 Oct 20266,150,000
26 Sep 20264,300,000
10 Jun 20264,500,000
10 2-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
11012-bedAED 3.75M · Dec 2022
11021-bedAED 2.59M · Aug 2015
11031-bedAED 3.25M · Oct 2022
11051-bedAED 2.29M · Nov 2013
11061-bedAED 4M · Nov 2025
11072-bedAED 3.68M · Jun 2014

1104, The Address Residence Fountain View 2 in numbers

  • Sold 4 times: first on 20 May 2013 for AED 3,685,888, last on 15 September 2015 for AED 4,865,373 (AED 3,231 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 260,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2015 price is 5.8%.
  • 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 17 August 2024.

Questions about 1104, The Address Residence Fountain View 2

What did unit 1104 last sell for?

AED 4,865,373 on 15 September 2015: AED 3,231 per sqft for 1,505 sqft. The unit has 4 registered sales; the first was AED 3,685,888 in May 2013.

What is the rent for unit 1104?

AED 280,000 a year on the contract signed on 17 August 2024. The previous contract, from April 2023, was AED 335,000; the unit has been rented since September 2021.

How big is unit 1104?

1,505 sqft (139.8 sqm): a two-bedroom hotel apartment on the 11th floor of a 58-storey tower completed in 2019.

What is unit 1104 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 1104, The Address Residence Fountain View 2

Starts from the last sale price (AED 4.87M, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,865,373
Deposit, UAE resident (20%)
AED 973,075
Deposit, non-resident (40%)
AED 1,946,149
Monthly over 25 years at 3.7%
AED 19,906

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