1503, The Address Residence Fountain View 2
Sold prices and rental history: sold 3 times, last in March 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, The Address Residence Fountain View 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 20 April 2022.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 852 sqft
- Floor
- 15th of 58
- Parking
- B3-500
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 1.98M · March 2021
About 1503, The Address Residence Fountain View 2
1503 is a one-bedroom hotel apartment of 852 sqft on the 15th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 1 March 2021 for AED 1,980,000, or AED 2,325 per sqft, 7% below the AED 2,508 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 April 2022, is AED 167,000 a year: a gross yield of 8.4% on the 2021 price.
Sales and rents for 1503 over time
1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1503 sits
All 80 1-beds →1503 last sold in March 2021 at AED 2,325 per sqft, 7% below what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,508). 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. 1503's AED 167,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 852 sqft | 3,500,000 | 4,108 | ||
| 21 Jan 202621 January 2026 | 854 sqft | 4,600,000 | 5,389 | ||
| 8 Jan 20268 January 2026 | 853 sqft | 3,950,000 | 4,629 | ||
| 16 Dec 202516 December 2025 | 853 sqft | 3,800,000 | 4,453 |
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 15th floor
All 289 units in The Address Residence Fountain View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,452 sqft | AED 3.23MAED 3,226,888 · Oct 2013October 2013 | 173,000 /yr | |
| 1502 | 1-bed | 853 sqft | AED 2.85MAED 2,850,000 · Oct 2022October 2022 | 190,000 /yr | |
| 1504 | 2-bed | 1,505 sqft | AED 5.35MAED 5,350,000 · Apr 2023April 2023 | 330,000 /yr | |
| 1505 | 1-bed | 852 sqft | AED 2.9MAED 2,900,000 · May 2022May 2022 | 200,000 /yr | |
| 1506 | 1-bed | 854 sqft | AED 2.04MAED 2,035,888 · Oct 2013October 2013 | 175,000 /yr | |
| 1507 | 2-bed | 1,452 sqft | AED 5.4MAED 5,400,000 · Feb 2026February 2026 | 190,000 /yr |
1503, The Address Residence Fountain View 2 in numbers
- Sold 3 times: first on 13 May 2013 for AED 2,111,888, last on 1 March 2021 for AED 1,980,000 (AED 2,325 per sqft).
- Rented since April 2021 on 2 Ejari contracts, from AED 145,000 to AED 167,000 a year.
- At AED 167,000 a year the gross yield on the 2021 price is 8.4%.
- 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 20 April 2022.
Questions about 1503, The Address Residence Fountain View 2
What did unit 1503 last sell for?
AED 1,980,000 on 1 March 2021: AED 2,325 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 2,111,888 in May 2013.
What is the rent for unit 1503?
AED 167,000 a year on the contract renewed on 20 April 2022. The previous contract, from April 2021, was AED 145,000.
How big is unit 1503?
852 sqft (79.2 sqm): a one-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2019.
What is unit 1503 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 1503, The Address Residence Fountain View 2
Starts from the last sale price (AED 1.98M, 1 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,980,000
- Deposit, UAE resident (20%)
- AED 396,000
- Deposit, non-resident (40%)
- AED 792,000
- Monthly over 25 years at 3.7%
- AED 8,101
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →