1-bed · 779 sqftFairview Residency, Business Bay · 11th floor · completed 2014

1103, Fairview Residency

Sold prices and rental history: sold 3 times, last in June 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 1M8 June 2022
Current rentAED 50K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Fairview Residency

What is 1103 worth today?

Last sold for AED 1,000,000 in 2022

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8 Jun 2022SoldReady
AED 1,000,000AED 1,283 per sqft
1 Apr 2021RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
1 Apr 2020RentedNew contract
AED 64,000/yr12 months · AED 83 per sqft
11 Nov 2019SoldReady
AED 815,000AED 1,045 per sqft
1 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
27 Oct 2014Sold by developerReady
AED 1,304,047AED 1,673 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
11th of 18
Parking
P1-7
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1M · June 2022

About 1103, Fairview Residency

1103 is a one-bedroom apartment of 779 sqft on the 11th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 8 June 2022 for AED 1,000,000, or AED 1,283 per sqft, 32% above the AED 973 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 50,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, October 2014: AED 1,304,047 (AED 1,673 per sqft)Sold, November 2019: AED 815,000 (AED 1,045 per sqft)Sold, June 2022: AED 1,000,000 (AED 1,283 per sqft)

1103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in Fairview Residency
60K80K2014201820222026Typical 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, September 2018: AED 70,000 a yearNew contract, April 2020: AED 64,000 a yearRenewal, April 2021: AED 50,000 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 1103 sits

All 160 1-beds →

1103 last sold in June 2022 at AED 1,283 per sqft, 32% above what one-beds in Fairview Residency were fetching at the time (AED 973). 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. 1103's AED 50,000 is at the bottom 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 11th floor

All 166 units in Fairview Residency
Value
11011-bedAED 720K · Mar 2019
11021-bedAED 1.3M · Apr 2025
11041-bedAED 1.04M · Jul 2016
11051-bedAED 835K · Oct 2019
11061-bedAED 775K · Jun 2022
11071-bedAED 770K · Mar 2019
11081-bedAED 1.05M · Nov 2023
1–7 of 9

1103, Fairview Residency in numbers

  • Sold 3 times: first on 27 October 2014 for AED 1,304,047, last on 8 June 2022 for AED 1,000,000 (AED 1,283 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 70,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 11,800 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 8 June 2022.

Questions about 1103, Fairview Residency

What did unit 1103 last sell for?

AED 1,000,000 on 8 June 2022: AED 1,283 per sqft for 779 sqft. The unit has 3 registered sales; the first was AED 1,304,047 in October 2014.

What is the rent for unit 1103?

AED 50,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 64,000; the unit has been rented since September 2018.

How big is unit 1103?

779 sqft (72.4 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1103 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 1103, Fairview Residency

Starts from the last sale price (AED 1M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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