1-bed · 854 sqftThe Address Residence Fountain View 2, Downtown Dubai · 3rd floor · completed 2019

306, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in March 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.8M13 March 2023
Current rentAED 210K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Address Residence Fountain View 2

What is 306 worth today?

Last sold for AED 2,800,000 in 2023

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1 Nov 2024RentedNew contract
AED 210,000/yr12 months · AED 247 per sqft
13 Mar 2023SoldReady
AED 2,800,000AED 3,280 per sqft
27 Sep 2020Sold by developerReady
AED 2,140,888AED 2,508 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed hotel apartment
Size
854 sqft
Floor
3rd of 58
Parking
B3-150
Developer
Emaar
Completed
2019
Last sold
AED 2.8M · March 2023

About 306, The Address Residence Fountain View 2

306 is a one-bedroom hotel apartment of 854 sqft on the 3rd floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 13 March 2023 for AED 2,800,000, or AED 3,280 per sqft, in line with the AED 3,280 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 210,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for 306 over time

Sales
Unit 306, 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, September 2020: AED 2,140,888 (AED 2,508 per sqft)Sold, March 2023: AED 2,800,000 (AED 3,280 per sqft)

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

Rents
Unit 306, 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, November 2024: AED 210,000 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 306 sits

All 80 1-beds →

306 last sold in March 2023 at AED 3,280 per sqft, in line with what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 3,280). 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. 306's AED 210,000 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
3012-bedAED 3.36M · Aug 2020
3021-bedAED 3.4M · Oct 2025
3031-bedAED 2.22M · Feb 2020
3042-bedAED 6M · Dec 2025
3051-bedAED 2.18M · Jun 2022
3072-bedAED 3.95M · May 2023

306, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 27 September 2020 for AED 2,140,888, last on 13 March 2023 for AED 2,800,000 (AED 3,280 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 7.5%.
  • 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 November 2024.

Questions about 306, The Address Residence Fountain View 2

What did unit 306 last sell for?

AED 2,800,000 on 13 March 2023: AED 3,280 per sqft for 854 sqft. The unit has 2 registered sales; the first was AED 2,140,888 in September 2020.

What is the rent for unit 306?

AED 210,000 a year on the contract signed on 1 November 2024.

How big is unit 306?

854 sqft (79.3 sqm): a one-bedroom hotel apartment on the 3rd floor of a 58-storey tower completed in 2019.

What is unit 306 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 306, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.8M, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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