The Address Residence-Fountain Views
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
12 years 7 months ago08-06-2013
Handover
7 years ago16-01-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 3B+G+M+10P+59 SERVICED APARTMENT LOCATED IN BURJ KHALIFA. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 4,711/sqft
Last 12M:AED 4,586/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 4,586/sqft
Prior Year:AED 4,329/sqft
Community Compare: Last 90DDownTown Dubai
Premium+67%
Above AvgProject:AED 4,711/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
42Sold (Last 12M)
Supply & Demand Matrix
The Address Residence-Fountain Views averaged 15% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
80 units
13 sold67 left
16%
Velocity
2 Bedrooms
153 units
18 sold135 left
12%
Velocity
3 Bedrooms
42 units
7 sold35 left
17%
Velocity
4 Bedrooms
10 units
4 sold6 left
40%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (286)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed FlatFloor 44 | Inventory 1units Typically 3 parking ~29 sqm balcony | Size Range 1,350-3,689sqft | Price Range AED 11.3M - AED 11.3M | Avg PSF 2,669 | Sales 1 | Trend — | |
Asset Class 3 Bed Flat | Inventory 0units | Size Range 2,248-2,248sqft | Price Range — | Avg PSF 2,506 | Sales 0 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 2-21 | Inventory 80units 6 layouts · Typically 1 parking 5-6 sqm balcony | Size Range 420-856sqft | Price Range AED 1.3M - AED 4.4M | Avg PSF 2,681 | Sales 83 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 2-46 | Inventory 152units 15 layouts · Typically 1 parking 5-46 sqm balcony | Size Range 5-4,096sqft | Price Range AED 1.4M - AED 11.3M | Avg PSF 2,598 | Sales 138 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 23-56 | Inventory 42units 13 layouts · Typically 2 parking 11-218 sqm balcony | Size Range 1,978-5,114sqft | Price Range AED 4.0M - AED 15.0M | Avg PSF 3,163 | Sales 40 | Trend — | |
Asset Class 4 Bed Hotel ApartmentFloors 48-58 | Inventory 10units 4 layouts · Typically 2 parking 16-201 sqm balcony | Size Range 269-6,612sqft | Price Range AED 5.5M - AED 21.0M | Avg PSF 3,763 | Sales 15 | Trend — | |
Asset Class 5 Bed Hotel ApartmentFloor 57 | Inventory 1units Typically 2 parking ~109 sqm balcony | Size Range 4,597-4,661sqft | Price Range — | Avg PSF 2,852 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 286 units