PropertyIndex

The Address Residence Fountain Views 2

Completed · Q3 2019|289 units · 1 tower

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The Address Residence Fountain Views 2 is a completed apartment development by EMAAR DEVELOPMENT P.J.S.C. in Downtown Dubai, Burj Khalifa, comprising 289 registered units. 709 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,943 per sqft. At AED 3,943 per sqft, The Address Residence Fountain Views 2 prices 29% above the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 2.2% YoY
5.82MAED
Typical
3,943AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
709
DLD · all time
Rent contracts
558
Ejari · all time
The Address Residence Fountain Views 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
851 – 6,510 sqft
2895.82M3,9432.2%290K5.0%
1 Bed · Hotel Apartment
851 – 854 sqft
80
2 Bed · Hotel Apartment
1,355 – 2,343 sqft
156
3 Bed · Hotel Apartment
1,993 – 5,130 sqft
41
4 Bed · Hotel Apartment
2,455 – 6,510 sqft
11
6 Bed · Hotel Apartment
5,576 sqft
1
Sales — Project-Wide709 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
9 Jul 20263 BedAddress Fountain Views Residences - Tower 2 · Floor 521,99311,157,0005,597+84.6%StandardStandard Sale
10 Jun 20262 BedAddress Fountain Views Residences - Tower 2 · Floor 81,4524,500,0003,100+34.9%Entry LevelStandard Sale
6 May 20261 BedAddress Fountain Views Residences - Tower 2 · Floor 58523,500,0004,108+134.9%StandardStandard Sale
Rentals — Project-Wide558 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 122 rentals
Floors 2-23 · 59 rentals
Floors 24-54 · 63 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
9 Aug 20262 BedAddress Fountain Views Residences - Tower 2 · Floor 161,452376,902260+30.3%Premiumnew
1 Aug 20262 BedAddress Fountain Views Residences - Tower 2 · Floor 171,505300,000199-14.3%Standardnew
21 Jul 20261 BedAddress Fountain Views Residences - Tower 2 · Floor 10853160,000188-36.0%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about The Address Residence Fountain Views 2

Answered from Dubai Land Department registered transactions.

How much does a property in The Address Residence Fountain Views 2 cost?

Property in The Address Residence Fountain Views 2 sells at a current PIX© price of AED 3,943 per sqft, or about AED 5,819,759 for a typical unit, based on 709 sales registered with the Dubai Land Department.

Is The Address Residence Fountain Views 2 completed?

Yes. The Address Residence Fountain Views 2 is recorded as completed in the Dubai Land Department project register (completed q3 2019).

Who is the developer of The Address Residence Fountain Views 2?

The Address Residence Fountain Views 2 is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Address Residence Fountain Views 2?

The Address Residence Fountain Views 2 yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 558 registered Ejari contracts.

How many units are in The Address Residence Fountain Views 2?

The Address Residence Fountain Views 2 holds 289 registered units, per the Dubai Land Department unit register.

Have prices in The Address Residence Fountain Views 2 gone up or down?

Price per sqft has fallen -2.2% over the last 12 months, to AED 3,943, across 709 registered sales.