The Address Fountain Views 1, Downtown Dubai
About The Address Fountain Views 1
The Address Fountain Views 1 is a luxury residential building located in the spectacular Downtown Dubai subcommunity. It is a part of The Address Residence Fountain Views project, which consists of two residential buildings and a hotel called The Address. Located on the main Sheikh Mohammed Bin Rashid Boulevard, the project is an extension of the magnanimous Dubai Mall and is connected via a glass bridge.
Developed by Emaar Properties, the 60-storey building consists of studio to 4-bedroom apartments and penthouses, as well as hotel apartments. It has some of the best amenities in store for its residents, such as a fitness centre and recreational facilities. The three towers share a connected podium.
Downtown Dubai is one of the most popular and iconic neighbourhoods in Dubai, credited with having the most famous landmarks in the emirate. It offers a range of world-class luxury apartments, penthouses, shopping and entertainment options. The nearby communities include Business Bay, Dubai Design District and DIFC. The Dubai International Airport is only 16 minutes away from the area.
IN A NUTSHELL
- Part of The Address Residence Fountain Views
- A 60-storey building with studio to 4-bedroom apartments
- Also has hotel apartments and penthouses
- The 27th tallest building in Dubai with 929 ft. height
- Close to Business Bay, Dubai Design District and DIFC
- 16 minutes away from Dubai International Airport
Facilities in The Address Fountain Views 1
There is a three-level basement parking in Address Fountain Views, where each residential unit has a reserved parking space. There is valet parking for the residents as well.
The various high-speed elevators in Address Fountain Views allow the residents to go up and down the floors easily.
Security, Central Air-Conditioning and Maintenance Services
Address Fountain View has 24-hour security services, as well as key card access and CCTV surveillance. The apartments are centrally air-conditioned by Emaar, whereas DEWA provides the water and power services. The building also has excellent maintenance services.
On the rooftop, there is a recreation deck which residents can use to hold events and gatherings. The deck has shaded seating areas, quiet gardens and a barbecue area as well.
Gym and Fitness Facilities
There is a full-fledged fitness center with a gym in The Address Fountain Views 1. The gym features modern machinery and exercise equipment. The fitness center also has a steam room, sauna and Jacuzzi. A squash court is also present in the Address Fountain View.
There is a large swimming pool for people who like to swim laps, as well as families. There is also a shaded children’s pool and a play area alongside it.
Concierge and Guest Services
Residents and guests receive 24-hour concierge and guest services. Guests can leave their cars at the valet pick-up point and wait in the lobby until they are attended to.
The Address Fountain Views Tower 1 has efficient fire alarms and firefighting systems, in addition to emergency exits and medical facilities.
The Address Fountain Views 1 Floor Plans
- 1-bedroom apartments in The Address Fountain Views Tower 1 have two different floor plans.
- 2-bedroom apartments in The Address Fountain Views Tower 1 have six various floor plans.
- 3-bedroom apartments in The Address Fountain Views Tower 1 have two different floor plans.
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing The Address Fountain Views 1 floor plans.
Apartment Types in The Address Fountain Views 1
There are various types of residential units in the building, ranging from studios to 4-bedroom apartments and penthouses. There are also a few duplex apartments in the tower.
Studio Apartments in The Address Fountain Views 1
Studio apartments in the high-rise cover an average area of 800 sq. ft. They have a spacious area with an open kitchen, fully fitted with white goods. Other features include a small balcony, one bathroom and a built-in wardrobe.
1-Bedroom Apartments in The Address Fountain Views 1
1-bedroom apartments in the building are built on an area from 850 sq. ft. to 1,072 sq. ft. They feature a master bedroom, with an ensuite bathroom and built-in wardrobe. There is also a guest bathroom in these units, along with an open kitchen, spacious living area and small balcony.
2-Bedroom Apartments in The Address Fountain Views 1
2-bedroom apartments in The Fountain Views 1 cover an area ranging from 1,337 sq. ft. to 2,086 sq. ft. They feature two bedrooms and three bathrooms, one of which is a guest bathroom.
3-Bedroom Apartments in The Address Fountain Views 1
3-bedroom apartments in The Fountain Views 1 are built on sizes from 1,860 sq. ft. to 2,352 sq. ft. They consist of a master bedroom and two other bedrooms, each having an attached bathroom. Other features are similar to the 2-bed units.
4-Bedroom Apartments in The Address Fountain Views 1
4-bedroom apartments in The Fountain Views 1 range from 2,421 sq. ft. to 2,704 sq. ft. These units come with four large bedrooms and five to six bathrooms, along with a semi-open kitchen, expansive living area and multiple balconies.
Penthouses in The Address Fountain Views 1
Penthouses in The Address are spread over an area ranging from 2,421 sq. ft. to 2,704 sq. ft. They offer four bedrooms and five to six bathrooms, as well as multiple balconies.
Most Popular Apartment Types in The Address Fountain Views 1
Based on searches conducted by users on Bayut over the past 12 months
Among all of the apartments in the tower, 3-bedroom units are the most popular apartment types. On second place are 2-bedroom flats, while 1-bed flats take up third place. 4-bedroom apartments and studios take fourth and fifth place respectively.
Rental Trends in The Address Fountain Views 1
There are many wonderful apartments for rent in The Address Fountain Views 1, which live up to the quality that people expect from rental apartments in Downtown Dubai.
- 1-bedroom rental apartments in Address Fountain Views are rented out for AED 125k to AED 150k per year.
- 2-bedroom rental apartments in Address Fountain Views cost around AED 150k to AED 250k annually.
- 3-bedroom rental apartments in Address Fountain Views are priced from AED 275k to AED 350k per year.
- The yearly rent for 4-bedroom apartments is AED 400k to 500k.
- Penthouses are rented out for AED 450k per annum.
Sale Trends in The Address Fountain Views 1
Apartments for sale in The Address Fountain Views 1 are freehold and provide expats and locals with world-class accommodation, as well as a wonderful investment opportunity.
- 1-bedroom apartments for sale in Address Fountain View are sold for AED 1.3M to AED 2.1M.
- 2-bedroom apartments for sale in Address Fountain View are sold for AED 2.5M to AED 3.6M.
- 3-bedroom apartments for sale in Address Fountain View cost around AED 5.3M to AED 7.5M.
- 4-bedroom apartments for sale in Address Fountain View are priced at AED 8.5M.
- Penthouses cost anywhere from AED 7.25M to AED 9M.
Other apartments for sale in Downtown Dubai are equally popular and suitable for a luxury lifestyle.
Rental Yield in The Address Fountain Views 1
Based on searches conducted by users on Bayut over the past 12 months
The numbers suggest that 1-bedroom apartments provide a return on investment (ROI) of 6.7%, while 2-bedroom apartments offer a return rate of 6.5%. 3 and 4-bedroom apartments offer 4.7% and 7.1% ROIs respectively.
Transportation near The Address Fountain Views 1
Downtown Dubai is in a central location, which allows residents to utilize the various modes of transportation near The Address Fountain Views 1.
Bus Stations near The Address Fountain Views 1
At a walking distance from the building is Burj View Central Tower Bus Stop, whereas South Ridge Tower Bus Stop is 3 minutes away. The Palace Hotel Bus Stop is a 4-minute drive away and The Dubai Mall Bus Stop is 8 minutes away.
Metro Stations near The Address Fountain Views 1
There are numerous metro stations within an 8 to 9-minute drive away, such as Financial Centre Metro Station, Emirates Tower Metro Station, Burj Khalifa/Dubai Mall Metro Station and Business Bay Metro Station.
Restaurants near The Address Fountain Views 1
There is a range of wonderful restaurants near The Address Fountain Views 1, most of which are located inside the Dubai Mall:
- P.F. Chang’s
- Five Guys
- Shakespeare & Co.
P.F. Chang’s is a popular Chinese and Japanese eatery, located inside the mall. Five Guys is another fantastic restaurant that residents can enjoy. It serves wonderful American food. To enjoy European and Asian dishes, Markette is a suitable place. People can also head over to Shakespeare & Co., a popular cafe offering Italian, Arabian and European delicacies. There are various other restaurants in the Dubai Mall.
Some of the other nearby restaurants are:
- The Restaurant at Address Fountain Views
- Sargon Restaurant
- The Courtyard
There is a signature International restaurant inside the project, called The Restaurant at Address Fountain Views. It is at a walking distance. Sargon Restaurant is 4 minutes away and features Syrian, Turkish, Lebanese and Indian dishes. Another wonderful restaurant is The Courtyard at Manzil Downtown Dubai, which is 6 minutes away and serves Arabian dishes.
This building is surrounded by the best fine dining restaurants in Downtown Dubai. These include:
- Ewaan – Address Downtown
- Wakame – Sofitel Dubai Downtown
- Thiptara – Palace Downtown
- The Meat Co. – Souk Al Bahar
Ewaan is an Arabian restaurant, located 5 minutes away at Address Downtown. Wakame is a famous Japanese restaurant inside Sofitel Dubai Downtown, a drive of 7 minutes. Also nearby is Thiptara, a Thai place at Palace Downtown. For lovers of delicious steaks, The Meat Co. is a stellar option. It is 4 minutes away at Souk Al Bahar.
For a drink after work, the following pubs and lounges are found near the residence:
- Cigar Lounge – Address Downtown
- Armani Lounge – Armani Hotel
- FAI – Palace Downtown
These nightlife destinations are within a 10-minute drive and feature various drinks, cocktails, snacks and entertainment options such as live music, sports screening, comedy shows, etc.
Supermarkets near The Address Fountain Views 1
For groceries and other items, the following supermarkets are some of the best options:
- Carrefour Market
- West Zone Fresh Supermarket
Carrefour Market is one of the most popular supermarkets in Dubai, with one of its franchises only 3 minutes away from the building. Another popular market is Spinneys, which also sells imported British goods. One of the franchises is 5 minutes away. Other major supermarkets are West Zone Fresh Supermarket and ZOOM, located 6 and 8 minutes away respectively. They have various franchises throughout the emirate.
- RP Heights – residential building
- Mada Tower – residential building
- Burj Al Nujoom – residential building
- Burj Views – residential building
- Address Downtown
Some of the many residential buildings near The Address include RP Heights, Mada Tower, Burj Al Nujoom and Burj Views. One of the many popular nearby hotels is Address Downtown, one of the best hotels in Downtown Dubai. It is known for being the twenty-second tallest building in Dubai.
Popular landmarks near the tower include:
- Dubai Mall
- Burj Khalifa
- Dubai Fountain
The Dubai Mall is adjacent to the building. Located 3 minutes away, it is the largest and one of the most popular malls in the world. Covering an area of 5,400,000 sq. ft., the mall features more than 1,000 stores and 100 restaurants and hosts an average of 50 million visitors and shoppers every year. There are various entertainment spots in the mall, including Dubai Aquarium & Underwater Zoo, VR Park Dubai, Dubai Dino and KidZania, to name a few.
The Burj Khalifa is perhaps the most popular tourist attraction in the world. It is reachable by car in 6 minutes. Since the past decade, it has the crown of being the tallest building in the world, at a staggering 828 metres and 160 floors.
THINGS TO CONSIDER
While living in the world-class tower seems like an ideal lifestyle, residents will have to take into consideration the fact that Downtown Dubai is always brimming with tourists. Due to this, and the building’s proximity to the Dubai Mall, residents will have to endure traffic congestion every now and then. Public parking spaces will also be hard to find.