THE ADDRESS RESIDENCE FOUNTAIN VIEWS III
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
12 years 8 months ago01-05-2013
Handover
6 years 4 months ago25-09-2019
Status
CompleteFinished
Project Description
THE PROJECT IS A SINGLE TOWER WITH APPROXIMATE HEIGHT OF 336.20M,CONSISTS OF 3BASEMENT FLOORS AS SHOPPING MALL , FLOORS 2 TO 10AS CAR PARKING IN ADDITION TO 17 FLOORS AS HOTEL CONTAINS 193 ROOMS AND 49 FLOORS AS SERVICED APARTMENTS CONTAINS 208 APARTMENTS.THE PROJECT LOCATED ON MBR BOULEVARD IN DOWNTOWN DUBAI.(3B+G+M+12P+65+R).
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+18%
GrowthCurrent:AED 5,525/sqft
Last 12M:AED 4,699/sqft
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 4,699/sqft
Prior Year:AED 3,944/sqft
Community Compare: Last 90DDownTown Dubai
Premium+96%
Above AvgProject:AED 5,525/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
THE ADDRESS RESIDENCE FOUNTAIN VIEWS III 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
Studio
2 units
0 sold2 left
0%
Velocity
1 Bedroom
59 units
8 sold51 left
14%
Velocity
2 Bedrooms
62 units
8 sold54 left
13%
Velocity
3 Bedrooms
62 units
4 sold58 left
6%
Velocity
4 Bedrooms
19 units
2 sold17 left
11%
Velocity
5 Bedrooms
4 units
1 sold3 left
25%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (212)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 68 Bed Hotel | Inventory 1units Typically 1 parking | Size Range 652,219-652,219sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 4 Bed Hotel ApartmentFloors 63-76 | Inventory 19units 5 layouts · Typically 2 parking 18-83 sqm balcony | Size Range 3,520-8,307sqft | Price Range AED 8.5M - AED 25.0M | Avg PSF 4,061 | Sales 18 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 30-61 | Inventory 62units 4 layouts · Typically 2 parking 18-93 sqm balcony | Size Range 1,091-2,989sqft | Price Range AED 3.3M - AED 14.7M | Avg PSF 3,246 | Sales 37 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 30-61 | Inventory 59units 5 layouts · Typically 1 parking 6-114 sqm balcony | Size Range 416-2,300sqft | Price Range AED 1.4M - AED 5.2M | Avg PSF 2,405 | Sales 47 | Trend — | |
Asset Class Hotel ApartmentFloor 31 | Inventory 2units 2 layouts · Typically 1 parking ~15 sqm balcony | Size Range 814-8,647sqft | Price Range AED 2.6M - AED 3.0M | Avg PSF 2,436 | Sales 2 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 30-61 | Inventory 62units 4 layouts · Typically 1 parking 11-46 sqm balcony | Size Range 790-2,087sqft | Price Range AED 2.2M - AED 7.8M | Avg PSF 3,009 | Sales 51 | Trend — | |
Asset Class 5 Bed Hotel ApartmentFloors 72-74 | Inventory 4units 2 layouts · Typically 2 parking 36-103 sqm balcony | Size Range 5,419-6,139sqft | Price Range AED 18.9M - AED 38.0M | Avg PSF 3,717 | Sales 2 | Trend — | |
Asset Class ShopFloors 12-13 | Inventory 3units 3 layouts ~190 sqm balcony | Size Range 596-6,532sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 8 asset classes covering 212 units