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2-bed · 1,452 sqftThe Address Residence Fountain View 2, Downtown Dubai · 33rd floor · completed 2019

3301, The Address Residence Fountain View 2

Sold prices and rental history: sold once, by the developer in October 2013, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3301 · DLD and Ejari recordsUpdated 18 January 2022
Last soldAED 3.54M3 October 2013
Current rentAED 260K /yr18 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3301, The Address Residence Fountain View 2

What is 3301 worth today?

Last sold for AED 3,544,888 in 2013

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18 Jan 2022RentedNew contract
AED 260,000/yr12 months · AED 179 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,544,888AED 2,440 per sqft

Source: Dubai Land Department. Updated 18 January 2022.

Key facts

Type
2-bed hotel apartment
Size
1,452 sqft
Floor
33rd of 58
Parking
B2-323
Developer
Emaar
Completed
2019
Last sold
AED 3.54M · October 2013
Building
The Address Residence Fountain View 2

About 3301, The Address Residence Fountain View 2

3301 is a two-bedroom hotel apartment of 1,452 sqft on the 33rd 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 3,544,888, or AED 2,440 per sqft, in line with the AED 2,466 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 January 2022. The current contract, signed on 18 January 2022, is AED 260,000 a year: a gross yield of 7.3% on the 2013 price.

Sales and rents for 3301 over time

Sales
Unit 3301, 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 3,544,888 (AED 2,440 per sqft)

3301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3301, 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, January 2022: 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 3301 sits

All 156 2-beds →

3301 last sold in October 2013 at AED 2,440 per sqft, in line with 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. 3301'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 →

Other units on the 33rd floor

All 289 units in The Address Residence Fountain View 2
Value
33022-bedAED 4.96M · Jun 2014
33033-bedAED 5.95M · Oct 2013
33042-bedAED 3.78M · Jul 2021
33052-bedAED 3.54M · Oct 2013

3301, The Address Residence Fountain View 2 in numbers

  • Sold once: by Emaar on 3 October 2013 for AED 3,544,888, or AED 2,440 per sqft.
  • Rented since January 2022 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2013 price is 7.3%.
  • 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 18 January 2022.

Questions about 3301, The Address Residence Fountain View 2

What did unit 3301 last sell for?

AED 3,544,888 on 3 October 2013, sold by the developer: AED 2,440 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 3301?

AED 260,000 a year on the contract signed on 18 January 2022.

How big is unit 3301?

1,452 sqft (134.9 sqm): a two-bedroom hotel apartment on the 33rd floor of a 58-storey tower completed in 2019.

What is unit 3301 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 3301, The Address Residence Fountain View 2

Starts from the last sale price (AED 3.54M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,544,888
Deposit, UAE resident (20%)
AED 708,978
Deposit, non-resident (40%)
AED 1,417,955
Monthly over 25 years at 3.7%
AED 14,503

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