THE ADDRESS RESIDENCE FOUNTAIN VIEWS II
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
12 years 7 months ago08-06-2013
Handover
6 years 6 months ago22-07-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 3B+G+M+10P+59 RESIDENTIAL BUILDING 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+11%
GrowthCurrent:AED 5,033/sqft
Last 12M:AED 4,534/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 4,534/sqft
Prior Year:AED 4,308/sqft
Community Compare: Last 90DDownTown Dubai
Premium+78%
Above AvgProject:AED 5,033/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
32Sold (Last 12M)
Supply & Demand Matrix
THE ADDRESS RESIDENCE FOUNTAIN VIEWS II averaged 11% 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
9 sold71 left
11%
Velocity
2 Bedrooms
156 units
15 sold141 left
10%
Velocity
3 Bedrooms
41 units
6 sold35 left
15%
Velocity
4 Bedrooms
11 units
2 sold9 left
18%
Velocity
6 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (289)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed Hotel ApartmentFloors 2-46 | Inventory 156units 11 layouts · Typically 1 parking 6-101 sqm balcony | Size Range 678-2,343sqft | Price Range AED 1.3M - AED 7.3M | Avg PSF 2,590 | Sales 145 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 2-21 | Inventory 80units 8 layouts · Typically 1 parking ~6 sqm balcony | Size Range 426-1,703sqft | Price Range AED 1.1M - AED 4.0M | Avg PSF 2,649 | Sales 58 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 23-55 | Inventory 41units 11 layouts · Typically 2 parking 11-217 sqm balcony | Size Range 559-5,130sqft | Price Range AED 1.6M - AED 14.5M | Avg PSF 3,108 | Sales 38 | Trend — | |
Asset Class 4 Bed Hotel ApartmentFloors 48-58 | Inventory 11units 5 layouts · Typically 2 parking 17-202 sqm balcony | Size Range 2,444-6,510sqft | Price Range AED 5.2M - AED 18.0M | Avg PSF 2,961 | Sales 8 | Trend — | |
Asset Class 6 Bed Hotel ApartmentFloor 56 | Inventory 1units Typically 4 parking ~115 sqm balcony | Size Range 5,544-5,576sqft | Price Range — | Avg PSF 1,481 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 289 units