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The Address Residence Fountain Views, Downtown Dubai

The Address Residence Fountain Views, Downtown Dubai

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Strengths

Exceptional Location

Luxury Amenities

High-Quality Services

Weakens

High Cost of Living

Crowded Tourist Area

Limited Parking Space

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Description

The Address Residence Fountain Views, Downtown Dubai

Real Estate Overview

Building Overview

  • The Address Residence Fountain Views is a luxurious residential building located in the vibrant Downtown Dubai area, renowned for its proximity to iconic landmarks.
  • The building is adjacent to the Burj Khalifa and the Dubai Fountain, making it a prime spot for both residents and visitors.
  • It features modern architectural designs and high-end finishes, aligning with the upscale lifestyle that Downtown Dubai offers.

Properties Overview

  • This residence includes a variety of upscale apartments, ranging from one to three-bedroom units, appealing to both renters and buyers.
  • Popular properties in the building typically offer stunning views of the Burj Khalifa and the Dubai Fountain.
  • As of the latest data, rental prices generally range from AED 130,000 to AED 300,000 annually, while sales prices range from AED 2.5 million to AED 5 million.

Market Trends

  • In the past year, property values in Downtown Dubai have witnessed a steady increase, driven by high demand and a growing expat population.
  • The rental market remains competitive, with an average ROI of around 6% for investors.
  • Future projections suggest continued growth in both rental and sales markets, bolstered by upcoming developments and infrastructure upgrades in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a range of essential services including supermarkets, schools, and healthcare facilities.
  • Nearby schools include international and local options, enhancing the appeal for families.
  • Healthcare facilities such as clinics and hospitals are located within a short drive from the building.

Transportation and Accessibility

  • The Address Residence Fountain Views is well-connected via public transport, including the Dubai Metro and bus services.
  • Accessibility to major highways ensures seamless travel to and from various parts of the city.

Lifestyle Amenities

  • The building offers an array of lifestyle amenities, such as a state-of-the-art gym, spa facilities, and swimming pools.
  • Residents can indulge in upscale dining options and entertainment venues located within the vicinity, contributing to a vibrant lifestyle.

Builing Facilities

  • Key facilities in the building include high-speed elevators, 24/7 security, and full maintenance services.
  • Central air conditioning ensures comfort throughout the year, essential for living in Dubai’s climate.

Special Services

  • Additional services offered include concierge services, guest relations, and business center facilities for residents and tenants.
  • These unique amenities cater to the high demands of a sophisticated urban lifestyle.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Address Residence Fountain Views features diverse floor plans to suit different lifestyles and family sizes, from cozy one-bedroom apartments to spacious three-bedroom units.

Things to Consider

  • Potential tenants and buyers should consider factors such as proximity to work, school options, and community atmosphere when making decisions.
  • Reviewing the building's maintenance costs and community rules can provide additional insight.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and gatherings promote a strong sense of community among residents, ranging from social mixers to wellness workshops.

Community Identity

  • The Address Residence Fountain Views embodies luxury and sophistication, highlighted by its modern architecture and premium lifestyle offerings.
  • Its strategic location near cultural landmarks defines its unique identity in the landscape of Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The Address Residence Fountain Views provides family-friendly amenities and activities, including children's play areas, pools, and proximity to attractions like Dubai Aquarium and Dubai Mall.

Exceptionally Welcoming

2. Living Options

The community offers a range of luxurious living options including fully serviced apartments with modern features and flexible living spaces appealing to both singles and families.

Diverse and Luxurious

3. Safety And Security

The Address Residence boasts advanced security systems, 24/7 security personnel, and controlled access points, ensuring a high level of safety for residents.

Remarkably Secure

4. Transportation

Located in Downtown Dubai, the residence is well-connected to public transport options, including the Dubai Metro, and is close to major road networks facilitating easy commutes.

Extremely Convenient

5. Amenities And Facilities

This community features a wealth of amenities including swimming pools, fitness centers, spa services, and restaurants, all designed to enhance the living experience.

Richly Equipped

6. Cost Of Living

While the cost of living in this luxury residence is higher than average, the range of amenities, services, and the prime location offer significant value for money.

Premium but Worth It

7. Things To Do

Residents can engage in numerous activities from shopping, dining, and entertainment options in the nearby Dubai Mall and attractions including the Burj Khalifa and Dubai Fountain.

Vibrantly Diverse

8. Noise Levels

Despite the bustling nature of Downtown Dubai, the residence is designed with soundproofing elements, creating a peaceful environment within the apartments.

Generally Peaceful

9. Pet Friendliness

While the residence allows pets, there are some restrictions, and not all amenities are pet-friendly, making it a moderately accommodating environment for pet owners.

Moderately Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

288.6K AED - 366.5K AED

Rent:

22.3K AED - 30.3K AED

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