1-bed · 844 sqftThe Address Residence Fountain View 2, Downtown Dubai · 8th floor · completed 2019

802, The Address Residence Fountain View 2

Sold prices and rental history: sold twice, last in July 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 2.31M8 July 2015
Current rentAED 250K /yr9 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, The Address Residence Fountain View 2

What is 802 worth today?

Last sold for AED 2,310,624 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jan 2024RentedNew contract
AED 250,000/yr12 months · AED 294 per sqft
5 Jan 2023RentedNew contract
AED 230,000/yr12 months · AED 270 per sqft
8 Jul 2015SoldOff-plan
AED 2,310,624AED 2,736 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,053,888AED 2,407 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
1-bed hotel apartment
Size
844 sqft
Floor
8th of 58
Parking
B3-159
Developer
Emaar
Completed
2019
Last sold
AED 2.31M · July 2015

About 802, The Address Residence Fountain View 2

802 is a one-bedroom hotel apartment of 844 sqft on the 8th floor of The Address Residence Fountain View 2, a 58-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 8 July 2015 for AED 2,310,624, or AED 2,736 per sqft, 5% below the AED 2,882 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 9 January 2024, is AED 250,000 a year: a gross yield of 10.8% on the 2015 price.

Sales and rents for 802 over time

Sales
Unit 802, 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 2,053,888 (AED 2,407 per sqft)Sold, July 2015: AED 2,310,624 (AED 2,736 per sqft)

802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 802, each contractTypical one-bed in The Address Residence Fountain View 2
100K200K20192021202320252027Typical 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 2023: AED 230,000 a yearNew contract, January 2024: AED 250,000 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 802 sits

All 80 1-beds →

802 last sold in July 2015 at AED 2,736 per sqft, 5% below what one-beds in The Address Residence Fountain View 2 were fetching at the time (AED 2,882). 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. 802's AED 250,000 is at the top 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
8012-bedAED 3.65M · Sep 2022
8031-bedAED 2.55M · Jul 2022
8042-bedAED 4.2M · Dec 2021
8051-bedAED 2.05M · Oct 2013
8061-bedAED 2.65M · Jan 2017
8072-bedAED 4.5M · Jun 2026

802, The Address Residence Fountain View 2 in numbers

  • Sold twice: first on 3 October 2013 for AED 2,053,888, last on 8 July 2015 for AED 2,310,624 (AED 2,736 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 230,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2015 price is 10.8%.
  • 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 9 January 2024.

Questions about 802, The Address Residence Fountain View 2

What did unit 802 last sell for?

AED 2,310,624 on 8 July 2015: AED 2,736 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 2,053,888 in October 2013.

What is the rent for unit 802?

AED 250,000 a year on the contract signed on 9 January 2024. The previous contract, from January 2023, was AED 230,000.

How big is unit 802?

844 sqft (78.4 sqm): a one-bedroom hotel apartment on the 8th floor of a 58-storey tower completed in 2019.

What is unit 802 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.

Selling 802? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 802, The Address Residence Fountain View 2

Starts from the last sale price (AED 2.31M, 8 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,624
Deposit, UAE resident (20%)
AED 462,125
Deposit, non-resident (40%)
AED 924,250
Monthly over 25 years at 3.7%
AED 9,453

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