2-bed · 1,362 sqftThe Address Residence Fountain View 2, Downtown Dubai · 32nd floor · completed 2019

3202, The Address Residence Fountain View 2

Sold prices and rental history: sold once, by the developer in October 2013, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 27 February 2023
Last soldAED 3.69M3 October 2013
Current rentAED 260K /yr27 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, The Address Residence Fountain View 2

What is 3202 worth today?

Last sold for AED 3,691,888 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Feb 2023RentedNew contract
AED 260,000/yr12 months · AED 190 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,691,888AED 2,710 per sqft

Source: Dubai Land Department. Updated 27 February 2023.

Key facts

Type
2-bed hotel apartment
Size
1,362 sqft
Floor
32nd of 58
Parking
B3-489
Developer
Emaar
Completed
2019
Last sold
AED 3.69M · October 2013

About 3202, The Address Residence Fountain View 2

3202 is a two-bedroom hotel apartment of 1,362 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 3 October 2013 for AED 3,691,888, or AED 2,710 per sqft, 10% above the AED 2,466 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 February 2023. The current contract, signed on 27 February 2023, is AED 260,000 a year: a gross yield of 7.0% on the 2013 price.

Sales and rents for 3202 over time

Sales
Unit 3202, 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, October 2013: AED 3,691,888 (AED 2,710 per sqft)

3202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3202, 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, February 2023: AED 260,000 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 3202 sits

All 156 2-beds →

3202 last sold in October 2013 at AED 2,710 per sqft, 10% above what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,466). 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. 3202's AED 260,000 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
32012-bedAED 4.43M · Nov 2014
32033-bedAED 14.1M · Jan 2026
32042-bedAED 3.75M · Mar 2021
32052-bedAED 4.24M · Mar 2023

3202, The Address Residence Fountain View 2 in numbers

  • Sold once: by Emaar on 3 October 2013 for AED 3,691,888, or AED 2,710 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2013 price is 7.0%.
  • 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 27 February 2023.

Questions about 3202, The Address Residence Fountain View 2

What did unit 3202 last sell for?

AED 3,691,888 on 3 October 2013, sold by the developer: AED 2,710 per sqft for 1,362 sqft. It is the only registered sale of the unit.

What is the rent for unit 3202?

AED 260,000 a year on the contract signed on 27 February 2023.

How big is unit 3202?

1,362 sqft (126.5 sqm): a two-bedroom hotel apartment on the 32nd floor of a 58-storey tower completed in 2019.

What is unit 3202 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.

Selling 3202? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3202, The Address Residence Fountain View 2

Starts from the last sale price (AED 3.69M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,691,888
Deposit, UAE resident (20%)
AED 738,378
Deposit, non-resident (40%)
AED 1,476,755
Monthly over 25 years at 3.7%
AED 15,105

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