Home
Dubai prices
About
Research
2-bed · 1,452 sqftThe Address Residence Fountain View 2, Downtown Dubai · 5th floor · completed 2019

501, The Address Residence Fountain View 2

Sold prices and rental history: sold 4 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 5.1M18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 501

Property timeline for 501, The Address Residence Fountain View 2

What is 501 worth today?

Last sold for AED 5,100,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Nov 2024SoldReady
AED 5,100,000AED 3,511 per sqft
18 Sep 2019SoldReady
AED 3,287,568AED 2,263 per sqft
2 Aug 2018SoldOff-plan
AED 2,512,500AED 1,729 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,156,888AED 2,173 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,452 sqft
Floor
5th of 58
Parking
B2-171
Developer
Emaar
Completed
2019
Last sold
AED 5.1M · November 2024
Building
The Address Residence Fountain View 2

About 501, The Address Residence Fountain View 2

501 is a two-bedroom hotel apartment of 1,452 sqft on the 5th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 18 November 2024 for AED 5,100,000, or AED 3,511 per sqft, 6% below the AED 3,718 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in The Address Residence Fountain View 2
2M4M6M2013201720212025Typical 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 3,156,888 (AED 2,173 per sqft)Sold, August 2018: AED 2,512,500 (AED 1,729 per sqft)Sold, September 2019: AED 3,287,568 (AED 2,263 per sqft)Sold, November 2024: AED 5,100,000 (AED 3,511 per sqft)

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

Rents
Unit 501, 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 501 sits

All 156 2-beds →

501 last sold in November 2024 at AED 3,511 per sqft, 6% below what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 3,718). 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 →

Other units on the 5th floor

All 289 units in The Address Residence Fountain View 2
Value
5021-bedAED 2.5M · May 2025
5031-bedAED 2.5M · Apr 2022
5042-bedAED 4M · May 2025
5051-bedAED 3.5M · May 2026
5061-bedAED 3.25M · Dec 2023
5072-bedAED 3.28M · Aug 2021

501, The Address Residence Fountain View 2 in numbers

  • Sold 4 times: first on 3 October 2013 for AED 3,156,888, last on 18 November 2024 for AED 5,100,000 (AED 3,511 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 18 November 2024.

Questions about 501, The Address Residence Fountain View 2

What did unit 501 last sell for?

AED 5,100,000 on 18 November 2024: AED 3,511 per sqft for 1,452 sqft. The unit has 4 registered sales; the first was AED 3,156,888 in October 2013.

How big is unit 501?

1,452 sqft (134.9 sqm): a two-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2019.

What is unit 501 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.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, The Address Residence Fountain View 2

Starts from the last sale price (AED 5.1M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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