2-bed · 1,362 sqftThe Address Residence Fountain View 2, Downtown Dubai · 38th floor · completed 2019

3802, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3802 · DLD and Ejari recordsUpdated 17 November 2022
Last soldAED 4.3M17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, The Address Residence Fountain View 2

What is 3802 worth today?

Last sold for AED 4,300,000 in 2022

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17 Nov 2022SoldReady
AED 4,300,000AED 3,156 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,739,888AED 2,745 per sqft

Source: Dubai Land Department. Updated 17 November 2022.

Key facts

Type
2-bed hotel apartment
Size
1,362 sqft
Floor
38th of 58
Parking
B3-495
Developer
Emaar
Completed
2019
Last sold
AED 4.3M · November 2022

About 3802, The Address Residence Fountain View 2

3802 is a two-bedroom hotel apartment of 1,362 sqft on the 38th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 17 November 2022 for AED 4,300,000, or AED 3,156 per sqft, 13% above the AED 2,787 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3802 over time

Sales
Unit 3802, 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 3,739,888 (AED 2,745 per sqft)Sold, November 2022: AED 4,300,000 (AED 3,156 per sqft)

3802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3802, 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 270,000

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 3802 sits

All 156 2-beds →

3802 last sold in November 2022 at AED 3,156 per sqft, 13% above what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,787). 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.

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
38012-bedAED 5.54M · Nov 2021
38033-bedAED 9M · Nov 2022
38042-bedAED 4.59M · Mar 2019
38052-bedAED 2.65M · Dec 2020

3802, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 3 October 2013 for AED 3,739,888, last on 17 November 2022 for AED 4,300,000 (AED 3,156 per sqft).
  • 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 17 November 2022.

Questions about 3802, The Address Residence Fountain View 2

What did unit 3802 last sell for?

AED 4,300,000 on 17 November 2022: AED 3,156 per sqft for 1,362 sqft. The unit has 2 registered sales; the first was AED 3,739,888 in October 2013.

How big is unit 3802?

1,362 sqft (126.5 sqm): a two-bedroom hotel apartment on the 38th floor of a 58-storey tower completed in 2019.

What is unit 3802 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 3802, The Address Residence Fountain View 2

Starts from the last sale price (AED 4.3M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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