2-bed · 1,452 sqftThe Address Residence Fountain View 2, Downtown Dubai · 20th floor · completed 2019

2001, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 5.15M18 April 2024
Current rentAED 300K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, The Address Residence Fountain View 2

What is 2001 worth today?

Last sold for AED 5,150,000 in 2024

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7 Jul 2024RentedNew contract
AED 300,000/yr12 months · AED 208 per sqft
18 Apr 2024SoldReady
AED 5,150,000AED 3,545 per sqft
18 Jun 2022RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
18 Jun 2021RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
18 Jun 2020RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,261,888AED 2,245 per sqft

Source: Dubai Land Department. Updated 7 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,452 sqft
Floor
20th of 58
Parking
B2-465
Developer
Emaar
Completed
2019
Last sold
AED 5.15M · April 2024

About 2001, The Address Residence Fountain View 2

2001 is a two-bedroom hotel apartment of 1,452 sqft on the 20th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 18 April 2024 for AED 5,150,000, or AED 3,545 per sqft, 6% below the AED 3,752 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 7 July 2024, is AED 300,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, October 2013: AED 3,261,888 (AED 2,245 per sqft)Sold, April 2024: AED 5,150,000 (AED 3,545 per sqft)

2001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in The Address Residence Fountain View 2
100K200K300K20192021202320252027Typical 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, June 2020: AED 130,000 a yearRenewal, June 2021: AED 130,000 a yearRenewal, June 2022: AED 130,000 a yearNew contract, July 2024: AED 300,000 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 2001 sits

All 156 2-beds →

2001 last sold in April 2024 at AED 3,545 per sqft, 6% below what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 3,752). 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. 2001's AED 300,000 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 255K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →
Value
20021-bedAED 2.65M · Jan 2022
20031-bedAED 2.47M · Jun 2017
20042-bedAED 4.68M · Jan 2014
20051-bedAED 2.3M · Jan 2018
20061-bedAED 2.46M · Jan 2015
20072-bedAED 5.65M · Jul 2025

2001, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 3 October 2013 for AED 3,261,888, last on 18 April 2024 for AED 5,150,000 (AED 3,545 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 130,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2024 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 7 July 2024.

Questions about 2001, The Address Residence Fountain View 2

What did unit 2001 last sell for?

AED 5,150,000 on 18 April 2024: AED 3,545 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 3,261,888 in October 2013.

What is the rent for unit 2001?

AED 300,000 a year on the contract signed on 7 July 2024. The previous contract, from June 2022, was AED 130,000; the unit has been rented since June 2020.

How big is unit 2001?

1,452 sqft (134.9 sqm): a two-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.

What is unit 2001 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 2001, The Address Residence Fountain View 2

Starts from the last sale price (AED 5.15M, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

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