PropertyIndex

The Address Residence Fountain Views 3

Completed · Q3 2019|212 units · 1 tower

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The Address Residence Fountain Views 3 is a completed apartment development by EMAAR DEVELOPMENT P.J.S.C. in Downtown Dubai, Burj Khalifa, comprising 212 registered units. 461 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,896 per sqft. At AED 4,896 per sqft, The Address Residence Fountain Views 3 prices 60% above the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 49.2% YoY
10.24MAED
Typical
4,896AED
PSF
Gross yield
4.6%
PIX© rent ÷ PIX© price
Sale records
461
DLD · all time
Rent contracts
348
Ejari · all time
The Address Residence Fountain Views 3

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
596 – 652,219 sqft
21210.24M4,89649.2%471K4.6%
Residential
Studio · Hotel Apartment
814 – 817 sqft
2
1 Bed · Hotel Apartment
838 – 1,072 sqft
59
2 Bed · Hotel Apartment
1,580 – 2,087 sqft
62
3 Bed · Hotel Apartment
2,181 – 2,989 sqft
62
4 Bed · Hotel Apartment
3,520 – 8,307 sqft
19
5 Bed · Hotel Apartment
5,419 – 6,139 sqft
4
Hospitality
Studio · Hotel Room
652,219 sqft
1
Commercial
Shop
596 – 1,407 sqft
3
Sales — Project-Wide461 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
1 Jul 20262 BedAddress Fountain Views Hotel · Floor 591,6027,250,0004,526+3.6%StandardStandard Sale
9 Jun 20261 BedAddress Fountain Views Hotel · Floor 511,0722,850,0002,660-0.4%Entry LevelStandard Sale
4 May 20261 BedAddress Fountain Views Hotel · Floor 608392,600,0003,101-11.0%StandardStandard Sale
Rentals — Project-Wide348 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Aug 20261,424,610Standardrenewal
11 Aug 20263 BedAddress Fountain Views Hotel · Floor 432,182750,000344-0.5%Standardrenewal
14 Jul 20261 BedAddress Fountain Views Hotel · Floor 461,072180,000168-7.7%Standardnew

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 3

Answered from Dubai Land Department registered transactions.

How much does a property in The Address Residence Fountain Views 3 cost?

Property in The Address Residence Fountain Views 3 sells at a current PIX© price of AED 4,896 per sqft, or about AED 10,237,052 for a typical unit, based on 461 sales registered with the Dubai Land Department.

Is The Address Residence Fountain Views 3 completed?

Yes. The Address Residence Fountain Views 3 is recorded as completed in the Dubai Land Department project register (completed q3 2019).

Who is the developer of The Address Residence Fountain Views 3?

The Address Residence Fountain Views 3 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 3?

The Address Residence Fountain Views 3 yields 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 348 registered Ejari contracts.

How many units are in The Address Residence Fountain Views 3?

The Address Residence Fountain Views 3 holds 212 registered units, per the Dubai Land Department unit register.

Have prices in The Address Residence Fountain Views 3 gone up or down?

Price per sqft has risen +49.2% over the last 12 months, to AED 4,896, across 461 registered sales.