2-bed · 1,505 sqftThe Address Residence Fountain View 2, Downtown Dubai · 7th floor · completed 2019

704, The Address Residence Fountain View 2

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 3.66M3 October 2013
Current rentAED 320K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Address Residence Fountain View 2

What is 704 worth today?

Last sold for AED 3,657,888 in 2013

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1 Dec 2025RentedNew contract
AED 320,000/yr12 months · AED 213 per sqft
26 Apr 2025RentedRenewal
AED 350,000/yr6 months · AED 232 per sqft
26 Apr 2025RentedRenewal
AED 350,000/yr6 months · AED 232 per sqft
26 Oct 2024RentedNew contract
AED 400,000/yr6 months · AED 265 per sqft
24 Aug 2022RentedNew contract
AED 335,000/yr12 months · AED 223 per sqft
3 Oct 2013Sold by developerOff-plan
AED 3,657,888AED 2,429 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed hotel apartment
Size
1,505 sqft
Floor
7th of 58
Parking
B2-393
Developer
Emaar
Completed
2019
Last sold
AED 3.66M · October 2013

About 704, The Address Residence Fountain View 2

704 is a two-bedroom hotel apartment of 1,505 sqft on the 7th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 3 October 2013 for AED 3,657,888, or AED 2,429 per sqft, in line with the AED 2,466 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 December 2025, is AED 320,000 a year: a gross yield of 8.8% on the 2013 price.

Sales and rents for 704 over time

Sales
Unit 704, 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 3,657,888 (AED 2,429 per sqft)

704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in The Address Residence Fountain View 2
200K400K20192021202320252027Typical 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 270,000New contract, August 2022: AED 335,000 a yearNew contract, October 2024: AED 400,000 a yearRenewal, April 2025: AED 350,000 a yearRenewal, April 2025: AED 350,000 a yearNew contract, December 2025: AED 320,000 a year

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 704 sits

All 156 2-beds →

704 last sold in October 2013 at AED 2,429 per sqft, in line with what two-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,466). 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. 704's AED 320,000 is in the upper half of that range.

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 →
Value
7012-bedAED 3.17M · Oct 2013
7021-bedAED 2.15M · Mar 2016
7031-bedAED 2.57M · May 2014
7051-bedAED 4M · Nov 2024
7061-bedAED 2.33M · May 2022
7072-bedAED 3.17M · Oct 2013

704, The Address Residence Fountain View 2 in numbers

  • Sold once: by Emaar on 3 October 2013 for AED 3,657,888, or AED 2,429 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 335,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2013 price is 8.8%.
  • 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 1 December 2025.

Questions about 704, The Address Residence Fountain View 2

What did unit 704 last sell for?

AED 3,657,888 on 3 October 2013, sold by the developer: AED 2,429 per sqft for 1,505 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 320,000 a year on the contract signed on 1 December 2025. The previous contract, from April 2025, was AED 350,000; the unit has been rented since August 2022.

How big is unit 704?

1,505 sqft (139.8 sqm): a two-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.

What is unit 704 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 704, The Address Residence Fountain View 2

Starts from the last sale price (AED 3.66M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,657,888
Deposit, UAE resident (20%)
AED 731,578
Deposit, non-resident (40%)
AED 1,463,155
Monthly over 25 years at 3.7%
AED 14,966

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