Address Fountain Views (Complex) - Downtown Burj Dubai  

The Address Fountain Views is a high-rise complex developed by Emaar Properties that consists of luxury serviced apartments as well as an Address branded hotel. The three towers are built atop an 11 floor podium which is part of the Dubai Mall extension. The apartments have been handed over to the owners and the hotel is operational.

Master Community: Downtown Burj Dubai
Property Types Available: Hotel Serviced Apartments
Location: Sheikh Zayed Road, Al Khail Road
Status: Ready
Year Launched: 2013
Year Completed: 2019
Developer: Emaar
Hotel Operator: The Address Hotels & Resorts
Title Type: Freehold
Quality Classification: Luxury
Height Classification: High-rise
Life Cycle: Emerging
Total Hotel Apartments: 768
No. of Under-Construction Hotel Rooms: 194

Lookup.ae reports prices and transactional information for Downtown Burj Dubai

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Address Fountain Views (Complex)

Investment Score

Value for Money
90%
Project Uniqueness
90%
Location & Connectivity
90%
Rental Yield Expectation
65%
Capital Growth Expectation
85%
More information on investment scores

Total Score

Synopsis

Sale Status: Developer Sold out. Units available from secondary market.

Payment Plan: No Payment-Plan. Cash or Finance Buyers.

Ideal for: End-Users & Investors

Price Range: AED 1,800 PSF - AED 2,100 PSF

Unit Types Available: Hotel Serviced Apartment

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What Our Experts Think

Address Fountain Views is a 3 tower complex featuring 1, 2, and 3 bedroom serviced apartments. Tower 3 is an Address Hotel.

Currently, there are some very good deals available from the secondary market (especially for one and two bed serviced apartments). Address Fountain Views holds one of the most prime locations within the Downtown district, with the front-facing units offering some of the best fountain and Burj Khalifa views. The main selling point of Address Fountain Views is that it is directly connected to the Dubai mall as the three towers are built atop an 11 floor podium which is part of the Dubai Mall extension.

Service charges are high, as it is an Address brand and the residences offer many more facilities compared to a regular residential tower.

Buy or sell a property within the Fountain Views complex by Emaar

1, 2 & 3 bedroom luxury units across the street from the Dubai Mall. Ready serviced apartments in Downtown Dubai with some of the best views.

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About Address Fountain Views (Complex)

The Address Fountain Views is a high-rise complex developed by Emaar Properties that consists of luxury serviced apartments as well as an Address branded hotel. The three towers are built atop an 11 floor podium which is part of the Dubai Mall extension.

- All three towers rise 60 storeys

- The complex will have 194 hotel rooms

- There are a total of 768 apartments

- Front-facing units have views towards Burj Khalifa, The Fountain, Mohammad bin Rashid Boulevard and Dubai Mall.

- Back facing units have views towards Business Bay and buildings located right behind the Address Fountain views complex

- The podium level on which the complex rises on top of is part of the Dubai Mall extension

- Address Fountain Views 1 & 2 were launched in Jan & Feb 2013 at prices ranging from AED 2,500 - 2,800 per sq. ft.

- Address Fountain Views 3 was launched in late 2013 at prices of AED 3,000 - 3,300 per sq. ft.

March 2016: Read our Special Report on the Downtown Dubai Off-Plan Market Q1 2016

Price Update (Jan 2020)

1 Beds are transacting on average between AED 1.35 million - AED 1.75 million. 

2 Beds are transacting on average between AED 2.4 million - AED 3 million. 

3 Beds are transacting on average between AED 5 million - 6.2 million. 

Project Completion Status (as per DLD): 100% (as of 21 January 2020)

Dubai Land Classification & Escrow Account Details:

Land Number: 207

Project Number: 1333

Real Estate Developer: Emaar Properties

Trust Account Number: 019000003863

Account Trustee Name: Mashreq Bank 



Positives of Address Fountain Views (Complex)

Amenities of Address Fountain Views (Complex)

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