2-bed · 2,306 sqftThe Address Residence Fountain View 2, Downtown Dubai · 2nd floor · completed 2019

207, The Address Residence Fountain View 2

Sold prices and rental history: sold 3 times, last in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 31 October 2021
Last soldAED 4M31 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, The Address Residence Fountain View 2

What is 207 worth today?

Last sold for AED 4,000,000 in 2021

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31 Oct 2021SoldReady
AED 4,000,000AED 1,734 per sqft
4 Jul 2021SoldReady
AED 3,000,000AED 1,300 per sqft
3 Jun 2021Sold by developerReady
AED 3,458,888AED 1,499 per sqft

Source: Dubai Land Department. Updated 31 October 2021.

Key facts

Type
2-bed hotel apartment
Size
2,306 sqft
Floor
2nd of 58
Parking
B2-464
Developer
Emaar
Completed
2019
Last sold
AED 4M · October 2021

About 207, The Address Residence Fountain View 2

207 is a two-bedroom hotel apartment of 2,306 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 31 October 2021 for AED 4,000,000, or AED 1,734 per sqft, 21% below the AED 2,202 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 207 over time

Sales
Unit 207, 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, June 2021: AED 3,458,888 (AED 1,499 per sqft)Sold, July 2021: AED 3,000,000 (AED 1,300 per sqft)Sold, October 2021: AED 4,000,000 (AED 1,734 per sqft)

207 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 207, each contractTypical two-bed in The Address Residence Fountain View 2
200K300K20192021202320252027Typical 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 270,000

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 207 sits

All 156 2-beds →

207 last sold in October 2021 at AED 1,734 per sqft, 21% below what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,202). 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.

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
2012-bedAED 4.7M · Mar 2023
2021-bedAED 2.2M · Mar 2016
2031-bedAED 1.74M · Dec 2021
2042-bedAED 3M · Jun 2021
2051-bedAED 2.58M · May 2016
2061-bedAED 3.16M · Jan 2023

207, The Address Residence Fountain View 2 in numbers

  • Sold 3 times: first on 3 June 2021 for AED 3,458,888, last on 31 October 2021 for AED 4,000,000 (AED 1,734 per sqft).
  • 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 31 October 2021.

Questions about 207, The Address Residence Fountain View 2

What did unit 207 last sell for?

AED 4,000,000 on 31 October 2021: AED 1,734 per sqft for 2,306 sqft. The unit has 3 registered sales; the first was AED 3,458,888 in June 2021.

How big is unit 207?

2,306 sqft (214.2 sqm): a two-bedroom hotel apartment on the 2nd floor of a 58-storey tower completed in 2019.

What is unit 207 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 207, The Address Residence Fountain View 2

Starts from the last sale price (AED 4M, 31 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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