503, The Address Residence Fountain View 2
Sold prices and rental history: sold twice, last in April 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Address Residence Fountain View 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 16 July 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 852 sqft
- Floor
- 5th of 58
- Parking
- B3-290
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.5M · April 2022
About 503, The Address Residence Fountain View 2
503 is a one-bedroom hotel apartment of 852 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 28 April 2022 for AED 2,500,000, or AED 2,935 per sqft, in line with the AED 2,991 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 175,000 a year: a gross yield of 7.0% on the 2022 price.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 80 1-beds →503 last sold in April 2022 at AED 2,935 per sqft, in line with what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,991). 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. 503's AED 175,000 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 250K /yr
- Typical yield
- 4.6%
Other units on the 5th floor
All 289 units in The Address Residence Fountain View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,452 sqft | AED 5.1MAED 5,100,000 · Nov 2024November 2024 | ||
| 502 | 1-bed | 853 sqft | AED 2.5MAED 2,500,000 · May 2025May 2025 | 155,000 /yr | |
| 504 | 2-bed | 1,505 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 300,000 /yr | |
| 505 | 1-bed | 852 sqft | AED 3.5MAED 3,500,000 · May 2026May 2026 | 144,000 /yr | |
| 506 | 1-bed | 854 sqft | AED 3.25MAED 3,250,000 · Dec 2023December 2023 | 210,000 /yr | |
| 507 | 2-bed | 1,452 sqft | AED 3.28MAED 3,275,000 · Aug 2021August 2021 | 325,000 /yr |
503, The Address Residence Fountain View 2 in numbers
- Sold twice: first on 3 October 2013 for AED 2,081,888, last on 28 April 2022 for AED 2,500,000 (AED 2,935 per sqft).
- Rented since July 2022 on 3 Ejari contracts, from AED 160,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2022 price is 7.0%.
- 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 16 July 2024.
Questions about 503, The Address Residence Fountain View 2
What did unit 503 last sell for?
AED 2,500,000 on 28 April 2022: AED 2,935 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 2,081,888 in October 2013.
What is the rent for unit 503?
AED 175,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2023, was AED 170,000; the unit has been rented since July 2022.
How big is unit 503?
852 sqft (79.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2019.
What is unit 503 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 503, The Address Residence Fountain View 2
Starts from the last sale price (AED 2.5M, 28 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →