2-bed · 1,452 sqftThe Address Residence Fountain View 2, Downtown Dubai · 32nd floor · completed 2019

3201, The Address Residence Fountain View 2

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 22 November 2022
Last soldAED 4.43M5 November 2014
Current rentAED 200K /yr22 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, The Address Residence Fountain View 2

What is 3201 worth today?

Last sold for AED 4,432,888 in 2014

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22 Nov 2022RentedRenewal
AED 200,000/yr12 months · AED 138 per sqft
22 Nov 2021RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft
22 Nov 2020RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
5 Nov 2014Sold by developerOff-plan
AED 4,432,888AED 3,051 per sqft

Source: Dubai Land Department. Updated 22 November 2022.

Key facts

Type
2-bed hotel apartment
Size
1,452 sqft
Floor
32nd of 58
Parking
B2-321
Developer
Emaar
Completed
2019
Last sold
AED 4.43M · November 2014

About 3201, The Address Residence Fountain View 2

3201 is a two-bedroom hotel apartment of 1,452 sqft on the 32nd 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 5 November 2014 for AED 4,432,888, or AED 3,051 per sqft, 5% above the AED 2,904 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 22 November 2022, is AED 200,000 a year: a gross yield of 4.5% on the 2014 price.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, November 2014: AED 4,432,888 (AED 3,051 per sqft)

3201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, 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 270,000New contract, November 2020: AED 150,000 a yearRenewal, November 2021: AED 180,000 a yearRenewal, November 2022: AED 200,000 a year

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 3201 sits

All 156 2-beds →

3201 last sold in November 2014 at AED 3,051 per sqft, 5% above what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,904). 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. 3201's AED 200,000 is in the lower half of that range.

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 250K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →
Value
32022-bedAED 3.69M · Oct 2013
32033-bedAED 14.1M · Jan 2026
32042-bedAED 3.75M · Mar 2021
32052-bedAED 4.24M · Mar 2023

3201, The Address Residence Fountain View 2 in numbers

  • Sold once: by Emaar on 5 November 2014 for AED 4,432,888, or AED 3,051 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 150,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2014 price is 4.5%.
  • 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 22 November 2022.

Questions about 3201, The Address Residence Fountain View 2

What did unit 3201 last sell for?

AED 4,432,888 on 5 November 2014, sold by the developer: AED 3,051 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 3201?

AED 200,000 a year on the contract renewed on 22 November 2022. The previous contract, from November 2021, was AED 180,000; the unit has been rented since November 2020.

How big is unit 3201?

1,452 sqft (134.9 sqm): a two-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.

What is unit 3201 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 3201, The Address Residence Fountain View 2

Starts from the last sale price (AED 4.43M, 5 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,432,888
Deposit, UAE resident (20%)
AED 886,578
Deposit, non-resident (40%)
AED 1,773,155
Monthly over 25 years at 3.7%
AED 18,136

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