1-bed · 852 sqftThe Address Residence Fountain View 2, Downtown Dubai · 21st floor · completed 2019

2103, The Address Residence Fountain View 2

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 2.28M19 March 2020
Current rentAED 230K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, The Address Residence Fountain View 2

What is 2103 worth today?

Last sold for AED 2,279,888 in 2020

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7 Mar 2024RentedRenewal
AED 230,000/yr12 months · AED 270 per sqft
7 Mar 2023RentedNew contract
AED 230,000/yr12 months · AED 270 per sqft
19 Mar 2020Sold by developerReady
AED 2,279,888AED 2,677 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
1-bed hotel apartment
Size
852 sqft
Floor
21st of 58
Parking
B3-284
Developer
Emaar
Completed
2019
Last sold
AED 2.28M · March 2020

About 2103, The Address Residence Fountain View 2

2103 is a one-bedroom hotel apartment of 852 sqft on the 21st floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 19 March 2020 for AED 2,279,888, or AED 2,677 per sqft, 4% above the AED 2,576 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 7 March 2024, is AED 230,000 a year: a gross yield of 10.1% on the 2020 price.

Sales and rents for 2103 over time

Sales
Unit 2103, 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, March 2020: AED 2,279,888 (AED 2,677 per sqft)

2103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2103, 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, March 2023: AED 230,000 a yearRenewal, March 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 2103 sits

All 80 1-beds →

2103 last sold in March 2020 at AED 2,677 per sqft, 4% above what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,576). 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. 2103'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
21012-bedAED 3.5M · Mar 2020
21021-bedAED 2.24M · Mar 2020
21042-bedAED 4.02M · Mar 2020
21051-bedAED 2.24M · Mar 2020
21061-bedAED 2.2M · Mar 2020
21072-bedAED 3.5M · Mar 2020

2103, The Address Residence Fountain View 2 in numbers

  • Sold once: by Emaar on 19 March 2020 for AED 2,279,888, or AED 2,677 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2020 price is 10.1%.
  • 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 7 March 2024.

Questions about 2103, The Address Residence Fountain View 2

What did unit 2103 last sell for?

AED 2,279,888 on 19 March 2020, sold by the developer: AED 2,677 per sqft for 852 sqft. It is the only registered sale of the unit.

What is the rent for unit 2103?

AED 230,000 a year on the contract renewed on 7 March 2024. The previous contract, from March 2023, was AED 230,000.

How big is unit 2103?

852 sqft (79.2 sqm): a one-bedroom hotel apartment on the 21st floor of a 58-storey tower completed in 2019.

What is unit 2103 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 2103, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.28M, 19 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,279,888
Deposit, UAE resident (20%)
AED 455,978
Deposit, non-resident (40%)
AED 911,955
Monthly over 25 years at 3.7%
AED 9,328

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