THE ADDRESS RESIDENCE FOUNTAIN VIEWS II

Ready

DeveloperEMAAR 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

Momentum: Last 90Dvs Last 12M Baseline

Rising

+12%

Growth

Current:AED 5,017/sqft

Last 12M:AED 4,471/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 4,471/sqft

Prior Year:AED 4,368/sqft

Community Compare: Last 90DDownTown Dubai

Premium

+78%

Above Avg

Project:AED 5,017/sqft

Community:AED 2,814/sqft

Liquidity: Last 12MExit Speed

Moderate

11%Turnover

31Sold (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

5 sold36 left

12%

Velocity

4 Bedrooms

11 units

2 sold9 left

18%

Velocity

6 Bedrooms

1 units

0 sold1 left

Velocity

Layouts & Units (289)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 6 units	Type Hotel Apartment	Beds 4 B/R	Size 2,731 sqft	Avg Price AED 14.4M	Last Price AED 18.0M	Last Sold 7 days ago	Sales 5

Units 24 units	Type Hotel Apartment	Beds 3 B/R	Size 2,236 sqft	Avg Price AED 9.5M	Last Price AED 14.1M	Last Sold 8 days ago	Sales 22

Units 86 units	Type Hotel Apartment	Beds 2 B/R	Size 1,452 sqft	Avg Price AED 4.0M	Last Price AED 5.5M	Last Sold 10 days ago	Sales 74

Units 40 units	Type Hotel Apartment	Beds 1 B/R	Size 854 sqft	Avg Price AED 2.8M	Last Price AED 4.0M	Last Sold 15 days ago	Sales 25

Units 20 units	Type Hotel Apartment	Beds 2 B/R	Size 1,507 sqft	Avg Price AED 4.5M	Last Price AED 6.0M	Last Sold about 2 months ago	Sales 15

Units 24 units	Type Hotel Apartment	Beds 2 B/R	Size 1,356 sqft	Avg Price AED 4.7M	Last Price AED 6.5M	Last Sold 3 months ago	Sales 26

Units 40 units	Type Hotel Apartment	Beds 1 B/R	Size 851 sqft	Avg Price AED 2.6M	Last Price AED 3.7M	Last Sold 3 months ago	Sales 31

Units 24 units	Type Hotel Apartment	Beds 2 B/R	Size 1,362 sqft	Avg Price AED 4.7M	Last Price AED 6.2M	Last Sold 6 months ago	Sales 21

Units 6 units	Type Hotel Apartment	Beds 3 B/R	Size 1,993 sqft	Avg Price AED 9.4M	Last Price AED 14.5M	Last Sold over 1 year ago	Sales 4

Units 6 units	Type Hotel Apartment	Beds 3 B/R	Size 2,002 sqft	Avg Price AED 6.6M	Last Price AED 10.1M	Last Sold over 1 year ago	Sales 8

Units 3 units	Type Hotel Apartment	Beds 4 B/R	Size 2,455 sqft	Avg Price AED 10.2M	Last Price AED 13.5M	Last Sold almost 2 years ago	Sales 3

Units 201	Type Hotel Apartment	Beds 2 B/R	Size 2,343 sqft	Avg Price AED 4.7M	Last Price AED 4.7M	Last Sold almost 3 years ago	Sales 1

Units 2 units	Type Hotel Apartment	Beds 3 B/R	Size 2,375 sqft	Avg Price AED 8.2M	Last Price AED 8.3M	Last Sold over 3 years ago	Sales 2

Units 207	Type Hotel Apartment	Beds 2 B/R	Size 2,306 sqft	Avg Price AED 3.5M	Last Price AED 4.0M	Last Sold about 4 years ago	Sales 3

Units 2 units	Type Hotel Apartment	Beds 3 B/R	Size 2,324 sqft	Avg Price AED 6.0M	Last Price AED 6.0M	Last Sold over 4 years ago	Sales 1

Units 5401	Type Hotel Apartment	Beds 3 B/R	Size 5,130 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5701	Type Hotel Apartment	Beds 4 B/R	Size 4,679 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5801	Type Hotel Apartment	Beds 4 B/R	Size 6,510 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5601	Type Hotel Apartment	Beds 6 B/R	Size 5,576 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

19 unique layouts covering 289 units