1-bed · 852 sqftThe Address Residence Fountain View 2, Downtown Dubai · 7th floor · completed 2019

705, The Address Residence Fountain View 2

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 4M18 November 2024
Current rentAED 205K /yr29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, The Address Residence Fountain View 2

What is 705 worth today?

Last sold for AED 4,000,000 in 2024

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29 Jan 2025RentedNew contract
AED 205,000/yr12 months · AED 241 per sqft
29 Jan 2025RentedNew contract
AED 205,000/yr12 months · AED 241 per sqft
18 Nov 2024SoldReady
AED 4,000,000AED 4,695 per sqft
3 Apr 2014SoldOff-plan
AED 2,622,576AED 3,078 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,048,888AED 2,404 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
1-bed hotel apartment
Size
852 sqft
Floor
7th of 58
Parking
B3-295
Developer
Emaar
Completed
2019
Last sold
AED 4M · November 2024

About 705, The Address Residence Fountain View 2

705 is a one-bedroom hotel apartment of 852 sqft on the 7th 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 4,000,000, or AED 4,695 per sqft, 11% above the AED 4,219 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 29 January 2025, is AED 205,000 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in The Address Residence Fountain View 2
2M4M2013201720212025Typical sale price by year: 2013 AED 2,075,388; 2014 AED 2,394,630; 2015 AED 2,447,836; 2016 AED 2,270,276; 2017 AED 2,433,750; 2018 AED 2,268,444; 2019 AED 1,450,000; 2020 AED 2,169,888; 2021 AED 2,100,000; 2022 AED 2,600,000; 2023 AED 3,206,444; 2024 AED 3,600,000; 2025 AED 3,550,000; 2026 AED 3,950,000Sold by developer, October 2013: AED 2,048,888 (AED 2,404 per sqft)Sold, April 2014: AED 2,622,576 (AED 3,078 per sqft)Sold, November 2024: AED 4,000,000 (AED 4,695 per sqft)

705 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, each contractTypical one-bed in The Address Residence Fountain View 2
150K200K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 140,000; 2022 AED 170,000; 2023 AED 210,000; 2024 AED 230,000; 2025 AED 202,700; 2026 AED 175,000New contract, January 2025: AED 205,000 a yearNew contract, January 2025: AED 205,000 a year

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 705 sits

All 80 1-beds →

705 last sold in November 2024 at AED 4,695 per sqft, 11% above what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 4,219). 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. 705's AED 205,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 20263,500,000
21 Jan 20264,600,000
8 Jan 20263,950,000
16 Dec 20253,800,000
5 1-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
7042-bedAED 3.66M · Oct 2013
7061-bedAED 2.33M · May 2022
7072-bedAED 3.17M · Oct 2013

705, The Address Residence Fountain View 2 in numbers

  • Sold 3 times: first on 3 October 2013 for AED 2,048,888, last on 18 November 2024 for AED 4,000,000 (AED 4,695 per sqft).
  • Rented since January 2025 on 2 Ejari contracts, at AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2024 price is 5.1%.
  • 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 29 January 2025.

Questions about 705, The Address Residence Fountain View 2

What did unit 705 last sell for?

AED 4,000,000 on 18 November 2024: AED 4,695 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 2,048,888 in October 2013.

What is the rent for unit 705?

AED 205,000 a year on the contract signed on 29 January 2025. The previous contract, from January 2025, was AED 205,000.

How big is unit 705?

852 sqft (79.2 sqm): a one-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.

What is unit 705 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 705, The Address Residence Fountain View 2

Starts from the last sale price (AED 4M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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