THE ADDRESS RESIDENCE FOUNTAIN VIEWS III
ReadyDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
12 years 8 months ago01-05-2013
Handover
6 years 3 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
Momentum: Last 90Dvs Last 12M Baseline
Rising+26%
GrowthCurrent:AED 5,692/sqft
Last 12M:AED 4,521/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 4,521/sqft
Prior Year:AED 3,981/sqft
Community Compare: Last 90DDownTown Dubai
Premium+102%
Above AvgProject:AED 5,692/sqft
Community:AED 2,814/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
24Sold (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
9 sold53 left
15%
Velocity
3 Bedrooms
62 units
5 sold57 left
8%
Velocity
4 Bedrooms
19 units
1 sold18 left
5%
Velocity
5 Bedrooms
4 units
1 sold3 left
25%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (212)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 30 units | Type Hotel Apartment | Beds 2 B/R | Size 1,580 sqft | Avg Price AED 5.5M | Last Price AED 6.9M | Last Sold 10 days ago | Sales 31 |
Units 60 units | Type Hotel Apartment | Beds 3 B/R | Size 2,182 sqft | Avg Price AED 8.3M | Last Price AED 12.0M | Last Sold 30 days ago | Sales 36 |
Units 8 units | Type Hotel Apartment | Beds 4 B/R | Size 3,520 sqft | Avg Price AED 15.0M | Last Price AED 25.0M | Last Sold about 2 months ago | Sales 8 |
Units 34 units | Type Hotel Apartment | Beds 1 B/R | Size 839 sqft | Avg Price AED 2.4M | Last Price AED 3.3M | Last Sold 2 months ago | Sales 29 |
Units 30 units | Type Hotel Apartment | Beds 2 B/R | Size 1,602 sqft | Avg Price AED 6.0M | Last Price AED 7.5M | Last Sold 3 months ago | Sales 18 |
Units 2 units | Type Hotel Apartment | Beds 5 B/R | Size 5,419 sqft | Avg Price AED 28.4M | Last Price AED 38.0M | Last Sold 7 months ago | Sales 2 |
Units 24 units | Type Hotel Apartment | Beds 1 B/R | Size 1,072 sqft | Avg Price AED 2.7M | Last Price AED 3.2M | Last Sold 8 months ago | Sales 17 |
Units 3004 | Type Hotel Apartment | Beds 2 B/R | Size 2,087 sqft | Avg Price AED 7.0M | Last Price AED 7.8M | Last Sold 9 months ago | Sales 2 |
Units 2 units | Type Hotel Apartment | Beds Studio | Size 817 sqft | Avg Price AED 2.8M | Last Price AED 2.6M | Last Sold over 1 year ago | Sales 2 |
Units 8 units | Type Hotel Apartment | Beds 4 B/R | Size 3,541 sqft | Avg Price AED 13.5M | Last Price AED 21.0M | Last Sold almost 2 years ago | Sales 9 |
Units 3005 | Type Hotel Apartment | Beds 1 B/R | Size 2,300 sqft | Avg Price AED 5.2M | Last Price AED 5.2M | Last Sold about 3 years ago | Sales 1 |
Units 3001 | Type Hotel Apartment | Beds 2 B/R | Size 2,065 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3003 | Type Hotel Apartment | Beds 3 B/R | Size 2,987 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3002 | Type Hotel Apartment | Beds 3 B/R | Size 2,989 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6302 | Type Hotel Apartment | Beds 4 B/R | Size 4,080 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6301 | Type Hotel Apartment | Beds 4 B/R | Size 4,104 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7601 | Type Hotel Apartment | Beds 4 B/R | Size 8,307 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Hotel Apartment | Beds 5 B/R | Size 6,139 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SIGNATURE RESTAURANT | Type Shop | Beds — | Size 6,532 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units JUICE BAR | Type Shop | Beds — | Size 596 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units Salon | Type Shop | Beds — | Size 1,407 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units Hotel | Type Hotel | Beds — | Size 652,219 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
22 unique layouts covering 212 units