
1005, Fairview Residency
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Fairview Residency
What is 1005 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 10th of 18
- Parking
- P3-10
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.35M · July 2013
- Building
- Fairview Residency
About 1005, Fairview Residency
1005 is a one-bedroom apartment of 831 sqft on the 10th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 9 July 2013 for AED 1,345,887, or AED 1,619 per sqft, 23% above the AED 1,314 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 26 August 2024, is AED 74,500 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1005 over time
1005 has sold once; 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 1005 sits
All 160 1-beds →1005 last sold in July 2013 at AED 1,619 per sqft, 23% above what one-beds in Fairview Residency were fetching at the time (AED 1,314). 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. 1005's AED 74,500 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 | |
| 1002 | 1-bed | 830 sqft | AED 850KAED 850,000 · Jan 2022January 2022 | 68,000 /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 | |
| 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 |
1005, Fairview Residency in numbers
- Sold once: by Deyaar on 9 July 2013 for AED 1,345,887, or AED 1,619 per sqft.
- Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 54,000 in 2020 and recovered to AED 74,500 by August 2024.
- At AED 74,500 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 12,600 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 26 August 2024.
Questions about 1005, Fairview Residency
What did unit 1005 last sell for?
AED 1,345,887 on 9 July 2013, sold by the developer: AED 1,619 per sqft for 831 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 74,500 a year on the contract renewed on 26 August 2024. The previous contract, from August 2023, was AED 71,000; the unit has been rented since September 2016.
How big is unit 1005?
831 sqft (77.2 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1005 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.
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Mortgage on 1005, Fairview Residency
Starts from the last sale price (AED 1.35M, 9 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,345,887
- Deposit, UAE resident (20%)
- AED 269,177
- Deposit, non-resident (40%)
- AED 538,355
- Monthly over 25 years at 3.7%
- AED 5,506
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →