405, The Address Residence Fountain View 2
Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, The Address Residence Fountain View 2
What is 405 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 852 sqft
- Floor
- 4th of 58
- Parking
- B3-289
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 3.27M · November 2023
About 405, The Address Residence Fountain View 2
405 is a one-bedroom hotel apartment of 852 sqft on the 4th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 10 November 2023 for AED 3,270,000, or AED 3,837 per sqft, 4% above the AED 3,673 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 8 January 2021, is AED 136,000 a year: a gross yield of 4.2% on the 2023 price.
Sales and rents for 405 over time
405 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Address Residence Fountain View 2, and where 405 sits
All 80 1-beds →405 last sold in November 2023 at AED 3,837 per sqft, 4% above what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 3,673). Over the last 12 months one-beds sold for AED 3,500,000 to 4,600,000, around AED 4,629 per sqft, and rent for AED 102,000 to 250,000 a year. 405's AED 136,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 852 sqft | 3,500,000 | 4,108 | ||
| 21 Jan 202621 January 2026 | 854 sqft | 4,600,000 | 5,389 | ||
| 8 Jan 20268 January 2026 | 853 sqft | 3,950,000 | 4,629 | ||
| 16 Dec 202516 December 2025 | 853 sqft | 3,800,000 | 4,453 |
The Address Residence Fountain View 2
Building289 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%
Other units on the 4th floor
All 289 units in The Address Residence Fountain View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,452 sqft | AED 3.15MAED 3,149,888 · Oct 2013October 2013 | 175,000 /yr | |
| 402 | 1-bed | 427 sqft | AED 1.3MAED 1,300,000 · Jan 2022January 2022 | ||
| 403 | 1-bed | 851 sqft | AED 3.13MAED 3,129,111 · Dec 2021December 2021 | 200,000 /yr | |
| 404 | 2-bed | 1,507 sqft | AED 3.3MAED 3,300,000 · Nov 2022November 2022 | 270,000 /yr | |
| 406 | 1-bed | 854 sqft | AED 2.52MAED 2,523,639 · Sep 2014September 2014 | 160,000 /yr | |
| 407 | 2-bed | 1,452 sqft | AED 5MAED 5,000,000 · Jun 2024June 2024 | 260,000 /yr |
405, The Address Residence Fountain View 2 in numbers
- Sold 3 times: first on 3 October 2013 for AED 2,039,888, last on 10 November 2023 for AED 3,270,000 (AED 3,837 per sqft).
- Rented since January 2020 on 2 Ejari contracts, from AED 122,000 to AED 136,000 a year.
- At AED 136,000 a year the gross yield on the 2023 price is 4.2%.
- One-beds in The Address Residence Fountain View 2 sold for AED 3,500,000–4,600,000 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 10 November 2023.
Questions about 405, The Address Residence Fountain View 2
What did unit 405 last sell for?
AED 3,270,000 on 10 November 2023: AED 3,837 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 2,039,888 in October 2013.
What is the rent for unit 405?
AED 136,000 a year on the contract signed on 8 January 2021. The previous contract, from January 2020, was AED 122,000.
How big is unit 405?
852 sqft (79.2 sqm): a one-bedroom hotel apartment on the 4th floor of a 58-storey tower completed in 2019.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residence Fountain View 2 sold for AED 3,500,000 to 4,600,000 in the last 12 months, around AED 4,629 per sqft.
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Mortgage on 405, The Address Residence Fountain View 2
Starts from the last sale price (AED 3.27M, 10 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,270,000
- Deposit, UAE resident (20%)
- AED 654,000
- Deposit, non-resident (40%)
- AED 1,308,000
- Monthly over 25 years at 3.7%
- AED 13,379
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →