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2-bed · 1,362 sqftThe Address Residence Fountain View 2, Downtown Dubai · 39th floor · completed 2019

3902, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3902 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 4.4M25 January 2022
Current rentAED 326K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3902, The Address Residence Fountain View 2

What is 3902 worth today?

Last sold for AED 4,399,988 in 2022

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20 Oct 2024RentedNew contract
AED 325,500/yr12 months · AED 239 per sqft
20 Oct 2023RentedNew contract
AED 310,000/yr12 months · AED 227 per sqft
10 Oct 2022RentedNew contract
AED 300,000/yr12 months · AED 219 per sqft
25 Jan 2022SoldReady
AED 4,399,988AED 3,230 per sqft
14 Nov 2020RentedNew contract
AED 160,000/yr12 months · AED 117 per sqft
26 May 2019Sold by developerOff-plan
AED 3,747,888AED 2,751 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed hotel apartment
Size
1,362 sqft
Floor
39th of 58
Parking
B3-496
Developer
Emaar
Completed
2019
Last sold
AED 4.4M · January 2022
Building
The Address Residence Fountain View 2

About 3902, The Address Residence Fountain View 2

3902 is a two-bedroom hotel apartment of 1,362 sqft on the 39th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 25 January 2022 for AED 4,399,988, or AED 3,230 per sqft, 24% above the AED 2,612 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 October 2024, is AED 325,500 a year: a gross yield of 7.4% on the 2022 price.

Sales and rents for 3902 over time

Sales
Unit 3902, 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, May 2019: AED 3,747,888 (AED 2,751 per sqft)Sold, January 2022: AED 4,399,988 (AED 3,230 per sqft)

3902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3902, 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 160,000 a yearNew contract, October 2022: AED 300,000 a yearNew contract, October 2023: AED 310,000 a yearNew contract, October 2024: AED 325,500 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 3902 sits

All 156 2-beds →

3902 last sold in January 2022 at AED 3,230 per sqft, 24% above what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,612). 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. 3902's AED 325,500 is in the upper 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 255K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →

Other units on the 39th floor

All 289 units in The Address Residence Fountain View 2
Value
39012-bedAED 3.59M · Oct 2013
39033-bedAED 8.5M · Dec 2021
39042-bedAED 5.25M · Nov 2022
39052-bedAED 4.16M · Aug 2014

3902, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 26 May 2019 for AED 3,747,888, last on 25 January 2022 for AED 4,399,988 (AED 3,230 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 160,000 to AED 325,500 a year.
  • At AED 325,500 a year the gross yield on the 2022 price is 7.4%.
  • 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 20 October 2024.

Questions about 3902, The Address Residence Fountain View 2

What did unit 3902 last sell for?

AED 4,399,988 on 25 January 2022: AED 3,230 per sqft for 1,362 sqft. The unit has 2 registered sales; the first was AED 3,747,888 in May 2019.

What is the rent for unit 3902?

AED 325,500 a year on the contract signed on 20 October 2024. The previous contract, from October 2023, was AED 310,000; the unit has been rented since November 2020.

How big is unit 3902?

1,362 sqft (126.5 sqm): a two-bedroom hotel apartment on the 39th floor of a 58-storey tower completed in 2019.

What is unit 3902 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 3902, The Address Residence Fountain View 2

Starts from the last sale price (AED 4.4M, 25 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,399,988
Deposit, UAE resident (20%)
AED 879,998
Deposit, non-resident (40%)
AED 1,759,995
Monthly over 25 years at 3.7%
AED 18,002

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