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

202, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in March 2016, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 2 February 2022
Last soldAED 2.2M16 March 2016
Current rentAED 155K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, The Address Residence Fountain View 2

What is 202 worth today?

Last sold for AED 2,203,968 in 2016

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2 Feb 2022RentedNew contract
AED 155,000/yr12 months · AED 182 per sqft
16 Mar 2016SoldOff-plan
AED 2,203,968AED 2,582 per sqft
29 Feb 2016Sold by developerOff-plan
AED 2,246,888AED 2,633 per sqft

Source: Dubai Land Department. Updated 2 February 2022.

Key facts

Type
1-bed hotel apartment
Size
853 sqft
Floor
2nd of 58
Parking
B3-143
Developer
Emaar
Completed
2019
Last sold
AED 2.2M · March 2016

About 202, The Address Residence Fountain View 2

202 is a one-bedroom hotel apartment of 853 sqft on the 2nd floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 16 March 2016 for AED 2,203,968, or AED 2,582 per sqft, 6% below the AED 2,757 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 February 2022. The current contract, signed on 2 February 2022, is AED 155,000 a year: a gross yield of 7.0% on the 2016 price.

Sales and rents for 202 over time

Sales
Unit 202, 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, February 2016: AED 2,246,888 (AED 2,633 per sqft)Sold, March 2016: AED 2,203,968 (AED 2,582 per sqft)

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

Rents
Unit 202, 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, February 2022: AED 155,000 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 202 sits

All 80 1-beds →

202 last sold in March 2016 at AED 2,582 per sqft, 6% below what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,757). 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. 202's AED 155,000 is in the lower 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 250K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →
Value
2012-bedAED 4.7M · Mar 2023
2031-bedAED 1.74M · Dec 2021
2042-bedAED 3M · Jun 2021
2051-bedAED 2.58M · May 2016
2061-bedAED 3.16M · Jan 2023
2072-bedAED 4M · Oct 2021

202, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 29 February 2016 for AED 2,246,888, last on 16 March 2016 for AED 2,203,968 (AED 2,582 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2016 price is 7.0%.
  • 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 2 February 2022.

Questions about 202, The Address Residence Fountain View 2

What did unit 202 last sell for?

AED 2,203,968 on 16 March 2016: AED 2,582 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 2,246,888 in February 2016.

What is the rent for unit 202?

AED 155,000 a year on the contract signed on 2 February 2022.

How big is unit 202?

853 sqft (79.2 sqm): a one-bedroom hotel apartment on the 2nd floor of a 58-storey tower completed in 2019.

What is unit 202 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 202, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.2M, 16 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,203,968
Deposit, UAE resident (20%)
AED 440,794
Deposit, non-resident (40%)
AED 881,587
Monthly over 25 years at 3.7%
AED 9,017

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