1-bed · 851 sqftThe Address Residence Fountain View 2, Downtown Dubai · 20th floor · completed 2019

2003, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in June 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.47M18 June 2017
Current rentAED 230K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, The Address Residence Fountain View 2

What is 2003 worth today?

Last sold for AED 2,467,500 in 2017

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1 Aug 2024RentedNew contract
AED 230,000/yr12 months · AED 270 per sqft
23 Mar 2023RentedRenewal
AED 240,000/yr12 months · AED 282 per sqft
18 Jun 2017SoldOff-plan
AED 2,467,500AED 2,898 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,126,888AED 2,498 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed hotel apartment
Size
851 sqft
Floor
20th of 58
Parking
B3-282
Developer
Emaar
Completed
2019
Last sold
AED 2.47M · June 2017

About 2003, The Address Residence Fountain View 2

2003 is a one-bedroom hotel apartment of 851 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 June 2017 for AED 2,467,500, or AED 2,898 per sqft, in line with the AED 2,917 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 August 2024, is AED 230,000 a year: a gross yield of 9.3% on the 2017 price.

Sales and rents for 2003 over time

Sales
Unit 2003, 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 2,126,888 (AED 2,498 per sqft)Sold, June 2017: AED 2,467,500 (AED 2,898 per sqft)

2003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, each contractTypical one-bed in The Address Residence Fountain View 2
100K200K20192021202320252027Typical 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 175,000Renewal, March 2023: AED 240,000 a yearNew contract, August 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 2003 sits

All 80 1-beds →

2003 last sold in June 2017 at AED 2,898 per sqft, in line with what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,917). 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. 2003'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
20021-bedAED 2.65M · Jan 2022
20042-bedAED 4.68M · Jan 2014
20051-bedAED 2.3M · Jan 2018
20061-bedAED 2.46M · Jan 2015
20072-bedAED 5.65M · Jul 2025

2003, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 3 October 2013 for AED 2,126,888, last on 18 June 2017 for AED 2,467,500 (AED 2,898 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 240,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2017 price is 9.3%.
  • 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 1 August 2024.

Questions about 2003, The Address Residence Fountain View 2

What did unit 2003 last sell for?

AED 2,467,500 on 18 June 2017: AED 2,898 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 2,126,888 in October 2013.

What is the rent for unit 2003?

AED 230,000 a year on the contract signed on 1 August 2024. The previous contract, from March 2023, was AED 240,000.

How big is unit 2003?

851 sqft (79.1 sqm): a one-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2019.

What is unit 2003 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 2003, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.47M, 18 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,467,500
Deposit, UAE resident (20%)
AED 493,500
Deposit, non-resident (40%)
AED 987,000
Monthly over 25 years at 3.7%
AED 10,095

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