The Address Residence-Fountain Views
ReadyDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
12 years 7 months ago08-06-2013
Handover
7 years ago16-01-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 3B+G+M+10P+59 SERVICED APARTMENT LOCATED IN BURJ KHALIFA. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 4,778/sqft
Last 12M:AED 4,628/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 4,628/sqft
Prior Year:AED 4,342/sqft
Community Compare: Last 90DDownTown Dubai
Premium+70%
Above AvgProject:AED 4,778/sqft
Community:AED 2,814/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
38Sold (Last 12M)
Supply & Demand Matrix
The Address Residence-Fountain Views averaged 13% 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
13 sold67 left
16%
Velocity
2 Bedrooms
153 units
14 sold139 left
9%
Velocity
3 Bedrooms
42 units
7 sold35 left
17%
Velocity
4 Bedrooms
10 units
4 sold6 left
40%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (286)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 35 units | Type Hotel Apartment | Beds 2 B/R | Size 1,337 sqft | Avg Price AED 4.8M | Last Price AED 6.8M | Last Sold 7 days ago | Sales 33 |
Units 80 units | Type Hotel Apartment | Beds 1 B/R | Size 840 sqft | Avg Price AED 2.7M | Last Price AED 4.0M | Last Sold 15 days ago | Sales 82 |
Units 3 units | Type Hotel Apartment | Beds 3 B/R | Size 2,304 sqft | Avg Price AED 7.5M | Last Price AED 10.2M | Last Sold about 2 months ago | Sales 5 |
Units 11 units | Type Hotel Apartment | Beds 3 B/R | Size 2,217 sqft | Avg Price AED 9.6M | Last Price AED 11.8M | Last Sold 3 months ago | Sales 10 |
Units 84 units | Type Hotel Apartment | Beds 2 B/R | Size 1,447 sqft | Avg Price AED 4.2M | Last Price AED 5.2M | Last Sold 3 months ago | Sales 72 |
Units 3 units | Type Hotel Apartment | Beds 4 B/R | Size 2,422 sqft | Avg Price AED 8.8M | Last Price AED 12.0M | Last Sold 3 months ago | Sales 4 |
Units 20 units | Type Hotel Apartment | Beds 2 B/R | Size 1,495 sqft | Avg Price AED 4.8M | Last Price AED 6.3M | Last Sold 4 months ago | Sales 16 |
Units 6 units | Type Hotel Apartment | Beds 3 B/R | Size 1,979 sqft | Avg Price AED 6.5M | Last Price AED 9.8M | Last Sold 5 months ago | Sales 6 |
Units 6 units | Type Hotel Apartment | Beds 3 B/R | Size 1,986 sqft | Avg Price AED 9.0M | Last Price AED 10.5M | Last Sold 7 months ago | Sales 5 |
Units 11 units | Type Hotel Apartment | Beds 2 B/R | Size 1,332 sqft | Avg Price AED 5.0M | Last Price AED 7.0M | Last Sold 7 months ago | Sales 9 |
Units 6 units | Type Hotel Apartment | Beds 4 B/R | Size 2,703 sqft | Avg Price AED 13.8M | Last Price AED 16.7M | Last Sold 7 months ago | Sales 10 |
Units 12 units | Type Hotel Apartment | Beds 3 B/R | Size 2,218 sqft | Avg Price AED 8.7M | Last Price AED 9.2M | Last Sold over 1 year ago | Sales 8 |
Units 5403 | Type Hotel Apartment | Beds 3 B/R | Size 5,114 sqft | Avg Price AED 13.7M | Last Price AED 15.0M | Last Sold almost 2 years ago | Sales 2 |
Units 5602 | Type Hotel Apartment | Beds 3 B/R | Size 3,245 sqft | Avg Price AED 13.8M | Last Price AED 13.8M | Last Sold about 2 years ago | Sales 1 |
Units 4401 | Type Hotel Apartment | Beds 2 B/R | Size 4,096 sqft | Avg Price AED 7.0M | Last Price AED 2.8M | Last Sold almost 3 years ago | Sales 2 |
Units 4402 | Type Flat | Beds 2 B/R | Size 3,689 sqft | Avg Price AED 11.3M | Last Price AED 11.3M | Last Sold almost 4 years ago | Sales 1 |
Units 5402 | Type Hotel Apartment | Beds 3 B/R | Size 2,352 sqft | Avg Price AED 7.0M | Last Price AED 8.5M | Last Sold about 4 years ago | Sales 2 |
Units 5801 | Type Hotel Apartment | Beds 4 B/R | Size 6,479 sqft | Avg Price AED 21.0M | Last Price AED 21.0M | Last Sold over 4 years ago | Sales 1 |
Units 207 | Type Hotel Apartment | Beds 2 B/R | Size 1,751 sqft | Avg Price AED 3.5M | Last Price AED 3.5M | Last Sold over 5 years ago | Sales 1 |
Units 5502 | Type Hotel Apartment | Beds 3 B/R | Size 2,354 sqft | Avg Price AED 8.2M | Last Price AED 8.2M | Last Sold almost 6 years ago | Sales 1 |
Units 5701 | Type Hotel Apartment | Beds 5 B/R | Size 4,661 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
21 unique layouts covering 286 units