1002, Fairview Residency
Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Fairview Residency
What is 1002 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 830 sqft
- Floor
- 10th of 18
- Parking
- P2-22
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,500 /yr
- Last sold
- AED 850K · January 2022
- Building
- Fairview Residency
About 1002, Fairview Residency
1002 is a one-bedroom apartment of 830 sqft on the 10th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 28 January 2022 for AED 850,000, or AED 1,023 per sqft, 23% above the AED 829 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 16 August 2024, is AED 68,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Fairview Residency, and where 1002 sits
All 160 1-beds →1002 last sold in January 2022 at AED 1,023 per sqft, 23% above what one-beds in Fairview Residency were fetching at the time (AED 829). Over the last 12 months one-beds sold for AED 1,050,000 to 1,385,000, around AED 1,340 per sqft, and rent for AED 52,000 to 110,000 a year. 1002's AED 68,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 796 sqft | 1,120,000 | 1,406 | ||
| 17 Aug 202617 August 2026 | 796 sqft | 1,150,000 | 1,444 | ||
| 4 Aug 20264 August 2026 | 841 sqft | 1,050,000 | 1,249 | ||
| 16 Jul 202616 July 2026 | 852 sqft | 1,100,000 | 1,291 |
Fairview Residency
Building166 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by Deyaar. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,373 Up 3.0%
- Typical sale
- AED 1.14M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.7%
Other units on the 10th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 851 sqft | AED 650KAED 650,000 · Mar 2015March 2015 | 85,000 /yr | |
| 1003 | 1-bed | 779 sqft | AED 1.28MAED 1,279,132 · Aug 2014August 2014 | 90,000 /yr | |
| 1004 | 1-bed | 781 sqft | AED 1.15MAED 1,150,000 · Feb 2024February 2024 | 92,000 /yr | |
| 1005 | 1-bed | 831 sqft | AED 1.35MAED 1,345,887 · Jul 2013July 2013 | 74,500 /yr | |
| 1006 | 1-bed | 841 sqft | AED 1MAED 1,000,000 · Aug 2017August 2017 | 99,000 /yr | |
| 1007 | 1-bed | 883 sqft | AED 1.16MAED 1,157,666 · Jul 2013July 2013 | 68,000 /yr | |
| 1008 | 1-bed | 796 sqft | AED 1.15MAED 1,146,349 · Sep 2014September 2014 | 70,340 /yr | |
| 1009 | 1-bed | 796 sqft | AED 1.02MAED 1,022,328 · Nov 2014November 2014 | 80,000 /yr | |
| 1010 | 1-bed | 870 sqft | AED 1.14MAED 1,140,722 · Jan 2016January 2016 | 73,000 /yr |
1002, Fairview Residency in numbers
- Sold twice: first on 9 July 2013 for AED 1,345,887, last on 28 January 2022 for AED 850,000 (AED 1,023 per sqft).
- Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 87,500 to AED 52,000 in 2021 and recovered to AED 68,000 by August 2024.
- At AED 68,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 12,500 a year (AED 15.11 per sqft).
- One-beds in Fairview Residency sold for AED 1,050,000–1,385,000 in the 12 months to November 2026; the building's median across all types is AED 1,373 per sqft.
Source: Dubai Land Department. Updated 16 August 2024.
Questions about 1002, Fairview Residency
What did unit 1002 last sell for?
AED 850,000 on 28 January 2022: AED 1,023 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,345,887 in July 2013.
What is the rent for unit 1002?
AED 68,000 a year on the contract renewed on 16 August 2024. The previous contract, from August 2023, was AED 59,800; the unit has been rented since July 2017.
How big is unit 1002?
830 sqft (77.1 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairview Residency sold for AED 1,050,000 to 1,385,000 in the last 12 months, around AED 1,340 per sqft.
Selling 1002? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1002, Fairview Residency
Starts from the last sale price (AED 850K, 28 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →