1-bed · 853 sqftThe Address Residence Fountain View 2, Downtown Dubai · 20th floor · completed 2019

2002, The Address Residence Fountain View 2

Sold prices and rental history: sold 4 times, last in January 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 14 December 2024
Last soldAED 2.65M17 January 2022
Current rentAED 230K /yr14 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, The Address Residence Fountain View 2

What is 2002 worth today?

Last sold for AED 2,650,000 in 2022

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14 Dec 2024RentedNew contract
AED 230,000/yr12 months · AED 270 per sqft
14 Dec 2024RentedNew contract
AED 230,000/yr12 months · AED 270 per sqft
5 Jul 2023RentedNew contract
AED 230,000/yr12 months · AED 270 per sqft
17 Jan 2022SoldReady
AED 2,650,000AED 3,105 per sqft
21 Jan 2015SoldOff-plan
AED 2,507,866AED 2,939 per sqft
5 Aug 2013SoldOff-plan
AED 2,298,876AED 2,694 per sqft
16 Jul 2013Sold by developerOff-plan
AED 2,089,888AED 2,449 per sqft

Source: Dubai Land Department. Updated 14 December 2024.

Key facts

Type
1-bed hotel apartment
Size
853 sqft
Floor
20th of 58
Parking
B3-145
Developer
Emaar
Completed
2019
Last sold
AED 2.65M · January 2022

About 2002, The Address Residence Fountain View 2

2002 is a one-bedroom hotel apartment of 853 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 17 January 2022 for AED 2,650,000, or AED 3,105 per sqft, 17% above the AED 2,665 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 14 December 2024, is AED 230,000 a year: a gross yield of 8.7% on the 2022 price.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, July 2013: AED 2,089,888 (AED 2,449 per sqft)Sold, August 2013: AED 2,298,876 (AED 2,694 per sqft)Sold, January 2015: AED 2,507,866 (AED 2,939 per sqft)Sold, January 2022: AED 2,650,000 (AED 3,105 per sqft)

2002 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, 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 175,000New contract, July 2023: AED 230,000 a yearNew contract, December 2024: AED 230,000 a yearNew contract, December 2024: AED 230,000 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 2002 sits

All 80 1-beds →

2002 last sold in January 2022 at AED 3,105 per sqft, 17% above what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,665). 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. 2002's AED 230,000 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
20012-bedAED 5.15M · Apr 2024
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

2002, The Address Residence Fountain View 2 in numbers

  • Sold 4 times: first on 16 July 2013 for AED 2,089,888, last on 17 January 2022 for AED 2,650,000 (AED 3,105 per sqft).
  • Rented since July 2023 on 3 Ejari contracts, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2022 price is 8.7%.
  • 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 December 2024.

Questions about 2002, The Address Residence Fountain View 2

What did unit 2002 last sell for?

AED 2,650,000 on 17 January 2022: AED 3,105 per sqft for 853 sqft. The unit has 4 registered sales; the first was AED 2,089,888 in July 2013.

What is the rent for unit 2002?

AED 230,000 a year on the contract signed on 14 December 2024. The previous contract, from December 2024, was AED 230,000; the unit has been rented since July 2023.

How big is unit 2002?

853 sqft (79.2 sqm): a one-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.

What is unit 2002 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 2002, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.65M, 17 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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