1-bed · 794 sqftFairview Residency, Business Bay · 1st floor · completed 2014

109, Fairview Residency

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1.08M21 November 2016
Current rentAED 68K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Fairview Residency

What is 109 worth today?

Last sold for AED 1,080,000 in 2016

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15 Aug 2023RentedNew contract
AED 68,000/yr12 months · AED 85 per sqft
15 Jun 2022RentedRenewal
AED 46,000/yr12 months · AED 58 per sqft
15 Jun 2021RentedNew contract
AED 41,000/yr12 months · AED 51 per sqft
30 Apr 2020RentedNew contract
AED 42,000/yr12 months · AED 53 per sqft
12 Aug 2019RentedRenewal
AED 63,000/yr12 months · AED 79 per sqft
12 Aug 2018RentedNew contract
AED 68,000/yr12 months · AED 85 per sqft
1 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
21 Nov 2016SoldReady
AED 1,080,000AED 1,361 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
1st of 18
Parking
P1-18
Developer
Deyaar
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 1.08M · November 2016

About 109, Fairview Residency

109 is a one-bedroom apartment of 794 sqft on the 1st floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 21 November 2016 for AED 1,080,000, or AED 1,361 per sqft, 6% below the AED 1,444 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 15 August 2023, is AED 68,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 12,000 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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, June 2009: AED 1,530,340 (AED 1,928 per sqft)Sold, August 2014: AED 1,458,400 (AED 1,837 per sqft)Sold, November 2016: AED 1,080,000 (AED 1,361 per sqft)

109 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 109, each contractTypical one-bed in Fairview Residency
50K75K2014201820222026Typical 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, August 2016: AED 75,000 a yearNew contract, August 2017: AED 75,000 a yearNew contract, August 2018: AED 68,000 a yearRenewal, August 2019: AED 63,000 a yearNew contract, April 2020: AED 42,000 a yearNew contract, June 2021: AED 41,000 a yearRenewal, June 2022: AED 46,000 a yearNew contract, August 2023: AED 68,000 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 109 sits

All 160 1-beds →

109 last sold in November 2016 at AED 1,361 per sqft, 6% below what one-beds in Fairview Residency were fetching at the time (AED 1,444). 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. 109's AED 68,000 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 1st floor

All 166 units in Fairview Residency
Value
1011-bedAED 1.31M · Dec 2014
1061-bedAED 1.25M · Aug 2014
1071-bedAED 725K · Dec 2014
1081-bedAED 1.14M · Sep 2014
1101-bedAED 1.18M · Jul 2025

109, Fairview Residency in numbers

  • Sold 3 times: first on 7 June 2009 for AED 1,530,340, last on 21 November 2016 for AED 1,080,000 (AED 1,361 per sqft).
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 41,000 in 2021 and recovered to AED 68,000 by August 2023.
  • At AED 68,000 a year the gross yield on the 2016 price is 6.3%, 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 15 August 2023.

Questions about 109, Fairview Residency

What did unit 109 last sell for?

AED 1,080,000 on 21 November 2016: AED 1,361 per sqft for 794 sqft. The unit has 3 registered sales; the first was AED 1,530,340 in June 2009.

What is the rent for unit 109?

AED 68,000 a year on the contract signed on 15 August 2023. The previous contract, from June 2022, was AED 46,000; the unit has been rented since August 2016.

How big is unit 109?

794 sqft (73.8 sqm): a one-bedroom apartment on the 1st floor of a 18-storey tower completed in 2014.

What is unit 109 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 109, Fairview Residency

Starts from the last sale price (AED 1.08M, 21 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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