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2-bed · 1,362 sqftThe Address Residence Fountain View 2, Downtown Dubai · 45th floor · completed 2019

4502, The Address Residence Fountain View 2

Sold prices and rental history: sold 4 times, last in July 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 6 July 2021
Last soldAED 4.25M6 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4502, The Address Residence Fountain View 2

What is 4502 worth today?

Last sold for AED 4,250,000 in 2021

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6 Jul 2021SoldReady
AED 4,250,000AED 3,120 per sqft
10 Dec 2020SoldReady
AED 3,175,000AED 2,331 per sqft
18 Jun 2019SoldOff-plan
AED 3,000,000AED 2,202 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,795,888AED 2,786 per sqft

Source: Dubai Land Department. Updated 6 July 2021.

Key facts

Type
2-bed hotel apartment
Size
1,362 sqft
Floor
45th of 58
Parking
B3-433
Developer
Emaar
Completed
2019
Last sold
AED 4.25M · July 2021
Building
The Address Residence Fountain View 2

About 4502, The Address Residence Fountain View 2

4502 is a two-bedroom hotel apartment of 1,362 sqft on the 45th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 6 July 2021 for AED 4,250,000, or AED 3,120 per sqft, 49% above the AED 2,097 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4502 over time

Sales
Unit 4502, 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 3,795,888 (AED 2,786 per sqft)Sold, June 2019: AED 3,000,000 (AED 2,202 per sqft)Sold, December 2020: AED 3,175,000 (AED 2,331 per sqft)Sold, July 2021: AED 4,250,000 (AED 3,120 per sqft)

4502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4502, 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 4502 sits

All 156 2-beds →

4502 last sold in July 2021 at AED 3,120 per sqft, 49% above what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,097). 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 255K /yr
Typical yield
4.6%
The Address Residence Fountain View 2, Downtown Dubai: prices, sales and rents →

Other units on the 45th floor

All 289 units in The Address Residence Fountain View 2
Value
45012-bedAED 4.01M · Mar 2020
45033-bedAED 14.4M · Jan 2026
45042-bedAED 5M · Apr 2023
45052-bedAED 4.07M · Jan 2023

4502, The Address Residence Fountain View 2 in numbers

  • Sold 4 times: first on 3 October 2013 for AED 3,795,888, last on 6 July 2021 for AED 4,250,000 (AED 3,120 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 6 July 2021.

Questions about 4502, The Address Residence Fountain View 2

What did unit 4502 last sell for?

AED 4,250,000 on 6 July 2021: AED 3,120 per sqft for 1,362 sqft. The unit has 4 registered sales; the first was AED 3,795,888 in October 2013.

How big is unit 4502?

1,362 sqft (126.5 sqm): a two-bedroom hotel apartment on the 45th floor of a 58-storey tower completed in 2019.

What is unit 4502 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 4502, The Address Residence Fountain View 2

Starts from the last sale price (AED 4.25M, 6 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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