1-bed · 796 sqftFairview Residency, Business Bay · 10th floor · completed 2014

1008, Fairview Residency

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 22 March 2025
Last soldAED 1.15M3 September 2014
Current rentAED 70K /yr22 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Fairview Residency

What is 1008 worth today?

Last sold for AED 1,146,349 in 2014

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22 Mar 2025RentedRenewal
AED 70,340/yr12 months · AED 88 per sqft
22 Mar 2024RentedRenewal
AED 66,990/yr12 months · AED 84 per sqft
22 Mar 2023RentedRenewal
AED 63,800/yr12 months · AED 80 per sqft
22 Mar 2022RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
5 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
5 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
1 Jul 2017RentedRenewal
AED 88,000/yr24 months · AED 111 per sqft
1 Jul 2016RentedRenewal
AED 90,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 22 March 2025.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
10th of 18
Parking
P2-12
Developer
Deyaar
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 1.15M · September 2014

About 1008, Fairview Residency

1008 is a one-bedroom apartment of 796 sqft on the 10th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 3 September 2014 for AED 1,146,349, or AED 1,439 per sqft, in line with the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 22 March 2025, is AED 70,340 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 12,000 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Fairview Residency
01M2009201420192024Typical sale price by year: 2009 AED 1,521,701; 2010 AED 1,110,535; 2013 AED 1,266,991; 2014 AED 1,191,808; 2015 AED 1,170,000; 2016 AED 1,200,000; 2017 AED 1,075,000; 2018 AED 1,000,000; 2019 AED 770,000; 2021 AED 143,696; 2022 AED 775,000; 2023 AED 1,050,000; 2024 AED 1,112,500; 2025 AED 1,165,000; 2026 AED 1,110,000Sold by developer, March 2014: AED 1,146,349 (AED 1,439 per sqft)Sold, September 2014: AED 1,146,349 (AED 1,439 per sqft)

1008 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Fairview Residency
50K75K100K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 89,250; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 57,000; 2023 AED 65,065; 2024 AED 72,000; 2025 AED 77,500; 2026 AED 75,000New contract, July 2015: AED 95,000 a yearRenewal, July 2016: AED 90,000 a yearRenewal, July 2017: AED 88,000 a yearNew contract, June 2020: AED 40,000 a yearRenewal, June 2021: AED 40,000 a yearNew contract, March 2022: AED 58,000 a yearRenewal, March 2023: AED 63,800 a yearRenewal, March 2024: AED 66,990 a yearRenewal, March 2025: AED 70,340 a year

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 1008 sits

All 160 1-beds →

1008 last sold in September 2014 at AED 1,439 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,434). 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. 1008's AED 70,340 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,120,000
17 Aug 20261,150,000
4 Aug 20261,050,000
16 Jul 20261,100,000
11 1-bed sales in the last 12 months

Fairview Residency

Building

166 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%
Fairview Residency, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 166 units in Fairview Residency
Value
10011-bedAED 650K · Mar 2015
10021-bedAED 850K · Jan 2022
10031-bedAED 1.28M · Aug 2014
10041-bedAED 1.15M · Feb 2024
10051-bedAED 1.35M · Jul 2013
10061-bedAED 1M · Aug 2017
10071-bedAED 1.16M · Jul 2013
1–7 of 9

1008, Fairview Residency in numbers

  • Sold twice: first on 2 March 2014 for AED 1,146,349, last on 3 September 2014 for AED 1,146,349 (AED 1,439 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2021 and recovered to AED 70,340 by March 2025.
  • At AED 70,340 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 12,000 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 22 March 2025.

Questions about 1008, Fairview Residency

What did unit 1008 last sell for?

AED 1,146,349 on 3 September 2014: AED 1,439 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 1,146,349 in March 2014.

What is the rent for unit 1008?

AED 70,340 a year on the contract renewed on 22 March 2025. The previous contract, from March 2024, was AED 66,990; the unit has been rented since July 2015.

How big is unit 1008?

796 sqft (74.0 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.

What is unit 1008 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 1008, Fairview Residency

Starts from the last sale price (AED 1.15M, 3 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,349
Deposit, UAE resident (20%)
AED 229,270
Deposit, non-resident (40%)
AED 458,540
Monthly over 25 years at 3.7%
AED 4,690

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →