602, The Address Residence Fountain View 2
Sold prices and rental history: sold 3 times, last in February 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, The Address Residence Fountain View 2
What is 602 worth today?
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Source: Dubai Land Department. Updated 27 October 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 844 sqft
- Floor
- 6th of 58
- Parking
- B3-155
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.17M · February 2016
About 602, The Address Residence Fountain View 2
602 is a one-bedroom hotel apartment of 844 sqft on the 6th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 February 2016 for AED 2,170,762, or AED 2,570 per sqft, 7% below the AED 2,763 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 27 October 2024, is AED 195,000 a year: a gross yield of 9.0% on the 2016 price.
Sales and rents for 602 over time
602 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 602 sits
All 80 1-beds →602 last sold in February 2016 at AED 2,570 per sqft, 7% below what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,763). 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. 602's AED 195,000 is in the upper 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 6th floor
All 289 units in The Address Residence Fountain View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,452 sqft | AED 2.15MAED 2,150,000 · Dec 2019December 2019 | ||
| 603 | 1-bed | 851 sqft | AED 2.5MAED 2,500,000 · Apr 2025April 2025 | 33,333 /yr | |
| 604 | 2-bed | 1,507 sqft | AED 2.5MAED 2,500,000 · Oct 2020October 2020 | 435,556 /yr | |
| 605 | 1-bed | 852 sqft | AED 3.7MAED 3,700,000 · Oct 2025October 2025 | 210,000 /yr | |
| 606 | 1-bed | 854 sqft | AED 2.21MAED 2,209,777 · Nov 2013November 2013 | ||
| 607 | 2-bed | 1,452 sqft | AED 5MAED 5,000,000 · Dec 2025December 2025 |
602, The Address Residence Fountain View 2 in numbers
- Sold 3 times: first on 3 October 2013 for AED 2,047,888, last on 14 February 2016 for AED 2,170,762 (AED 2,570 per sqft).
- Rented since December 2023 on 2 Ejari contracts, from AED 220,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2016 price is 9.0%.
- 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 27 October 2024.
Questions about 602, The Address Residence Fountain View 2
What did unit 602 last sell for?
AED 2,170,762 on 14 February 2016: AED 2,570 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 2,047,888 in October 2013.
What is the rent for unit 602?
AED 195,000 a year on the contract signed on 27 October 2024. The previous contract, from December 2023, was AED 220,000.
How big is unit 602?
844 sqft (78.4 sqm): a one-bedroom hotel apartment on the 6th floor of a 58-storey tower completed in 2019.
What is unit 602 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 602, The Address Residence Fountain View 2
Starts from the last sale price (AED 2.17M, 14 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,170,762
- Deposit, UAE resident (20%)
- AED 434,152
- Deposit, non-resident (40%)
- AED 868,305
- Monthly over 25 years at 3.7%
- AED 8,881
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →