706, The Address Residence Fountain View 2
Sold prices and rental history: sold 5 times, last in May 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, The Address Residence Fountain View 2
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 854 sqft
- Floor
- 7th of 58
- Parking
- B3-158
- Developer
- Emaar
- Completed
- 2019
- Last sold
- AED 2.33M · May 2022
About 706, The Address Residence Fountain View 2
706 is a one-bedroom hotel apartment of 854 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 31 May 2022 for AED 2,325,000, or AED 2,723 per sqft, 9% below the AED 2,991 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 225,000 a year: a gross yield of 9.7% on the 2022 price.
Sales and rents for 706 over time
706 has sold 5 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 706 sits
All 80 1-beds →706 last sold in May 2022 at AED 2,723 per sqft, 9% below 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. 706's AED 225,000 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 7th floor
All 289 units in The Address Residence Fountain View 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,452 sqft | AED 3.17MAED 3,170,888 · Oct 2013October 2013 | 265,000 /yr | |
| 702 | 1-bed | 853 sqft | AED 2.15MAED 2,153,432 · Mar 2016March 2016 | 200,000 /yr | |
| 703 | 1-bed | 852 sqft | AED 2.57MAED 2,568,102 · May 2014May 2014 | 210,000 /yr | |
| 704 | 2-bed | 1,505 sqft | AED 3.66MAED 3,657,888 · Oct 2013October 2013 | 320,000 /yr | |
| 705 | 1-bed | 852 sqft | AED 4MAED 4,000,000 · Nov 2024November 2024 | 205,000 /yr | |
| 707 | 2-bed | 1,452 sqft | AED 3.17MAED 3,170,888 · Oct 2013October 2013 |
706, The Address Residence Fountain View 2 in numbers
- Sold 5 times: first on 3 October 2013 for AED 2,011,888, last on 31 May 2022 for AED 2,325,000 (AED 2,723 per sqft).
- Rented since September 2021 on 4 Ejari contracts, from AED 132,000 to AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2022 price is 9.7%.
- 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 1 November 2024.
Questions about 706, The Address Residence Fountain View 2
What did unit 706 last sell for?
AED 2,325,000 on 31 May 2022: AED 2,723 per sqft for 854 sqft. The unit has 5 registered sales; the first was AED 2,011,888 in October 2013.
What is the rent for unit 706?
AED 225,000 a year on the contract signed on 1 November 2024. The previous contract, from March 2023, was AED 220,000; the unit has been rented since September 2021.
How big is unit 706?
854 sqft (79.3 sqm): a one-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2019.
What is unit 706 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 706, The Address Residence Fountain View 2
Starts from the last sale price (AED 2.33M, 31 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,325,000
- Deposit, UAE resident (20%)
- AED 465,000
- Deposit, non-resident (40%)
- AED 930,000
- Monthly over 25 years at 3.7%
- AED 9,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →