1-bed · 844 sqftThe Address Residence Fountain View 2, Downtown Dubai · 14th floor · completed 2019

1406, The Address Residence Fountain View 2

Sold prices and rental history: sold 4 times, last in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 14 June 2016
Last soldAED 2.38M14 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, The Address Residence Fountain View 2

What is 1406 worth today?

Last sold for AED 2,378,479 in 2016

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14 Jun 2016SoldOff-plan
AED 2,378,479AED 2,816 per sqft
7 Apr 2016SoldOff-plan
AED 2,032,888AED 2,407 per sqft
8 Jun 2014SoldOff-plan
AED 2,398,808AED 2,810 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,032,888AED 2,381 per sqft

Source: Dubai Land Department. Updated 14 June 2016.

Key facts

Type
1-bed hotel apartment
Size
844 sqft
Floor
14th of 58
Parking
B3-223
Developer
Emaar
Completed
2019
Last sold
AED 2.38M · June 2016

About 1406, The Address Residence Fountain View 2

1406 is a one-bedroom hotel apartment of 844 sqft on the 14th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 June 2016 for AED 2,378,479, or AED 2,816 per sqft, in line with the AED 2,736 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, October 2013: AED 2,032,888 (AED 2,381 per sqft)Sold, June 2014: AED 2,398,808 (AED 2,810 per sqft)Sold, April 2016: AED 2,032,888 (AED 2,407 per sqft)Sold, June 2016: AED 2,378,479 (AED 2,816 per sqft)

1406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in The Address Residence Fountain View 2
150K200K20192021202320252027Typical 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 175,000

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 2, and where 1406 sits

All 80 1-beds →

1406 last sold in June 2016 at AED 2,816 per sqft, in line with what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,736). 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.

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
14012-bedAED 3.22M · Oct 2013
14021-bedAED 2.63M · Jun 2022
14031-bedAED 1.6M · Oct 2020
14042-bedAED 5.25M · Feb 2023
14051-bedAED 2.48M · Jan 2014
14072-bedAED 3.22M · Oct 2013

1406, The Address Residence Fountain View 2 in numbers

  • Sold 4 times: first on 3 October 2013 for AED 2,032,888, last on 14 June 2016 for AED 2,378,479 (AED 2,816 per sqft).
  • 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 14 June 2016.

Questions about 1406, The Address Residence Fountain View 2

What did unit 1406 last sell for?

AED 2,378,479 on 14 June 2016: AED 2,816 per sqft for 844 sqft. The unit has 4 registered sales; the first was AED 2,032,888 in October 2013.

How big is unit 1406?

844 sqft (78.4 sqm): a one-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2019.

What is unit 1406 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 1406, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.38M, 14 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,378,479
Deposit, UAE resident (20%)
AED 475,696
Deposit, non-resident (40%)
AED 951,392
Monthly over 25 years at 3.7%
AED 9,731

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