1-bed · 831 sqftFairview Residency, Business Bay · 11th floor · completed 2014

1105, Fairview Residency

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 21 June 2021
Last soldAED 835K2 October 2019
Current rentAED 54K /yr21 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Fairview Residency

What is 1105 worth today?

Last sold for AED 835,000 in 2019

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21 Jun 2021RentedRenewal
AED 53,500/yr12 months · AED 65 per sqft
21 Jun 2020RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
2 Oct 2019SoldReady
AED 835,000AED 1,004 per sqft
17 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
2 Jun 2016RentedRenewal
AED 89,250/yr12 months · AED 108 per sqft
2 Jun 2015RentedNew contract
AED 89,250/yr12 months · AED 108 per sqft
27 Oct 2014Sold by developerReady
AED 1,349,417AED 1,623 per sqft
2 Jun 2014RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 21 June 2021.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
11th of 18
Parking
P1-8
Developer
Deyaar
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 835K · October 2019

About 1105, Fairview Residency

1105 is a one-bedroom apartment of 831 sqft on the 11th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 2 October 2019 for AED 835,000, or AED 1,004 per sqft, in line with the AED 1,004 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 21 June 2021, is AED 53,500 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, 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 1,349,417 (AED 1,623 per sqft)Sold, October 2019: AED 835,000 (AED 1,004 per sqft)

1105 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1105, 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, June 2014: AED 85,000 a yearNew contract, June 2015: AED 89,250 a yearRenewal, June 2016: AED 89,250 a yearNew contract, June 2019: AED 70,000 a yearNew contract, June 2020: AED 55,000 a yearRenewal, June 2021: AED 53,500 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 1105 sits

All 160 1-beds →

1105 last sold in October 2019 at AED 1,004 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,004). 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. 1105's AED 53,500 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 11th floor

All 166 units in Fairview Residency
Value
11011-bedAED 720K · Mar 2019
11021-bedAED 1.3M · Apr 2025
11031-bedAED 1M · Jun 2022
11041-bedAED 1.04M · Jul 2016
11061-bedAED 775K · Jun 2022
11071-bedAED 770K · Mar 2019
11081-bedAED 1.05M · Nov 2023
1–7 of 9

1105, Fairview Residency in numbers

  • Sold twice: first on 27 October 2014 for AED 1,349,417, last on 2 October 2019 for AED 835,000 (AED 1,004 per sqft).
  • Rented since June 2014 on 6 Ejari contracts, from AED 85,000 to AED 53,500 a year.
  • At AED 53,500 a year the gross yield on the 2019 price is 6.4%, 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 21 June 2021.

Questions about 1105, Fairview Residency

What did unit 1105 last sell for?

AED 835,000 on 2 October 2019: AED 1,004 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 1,349,417 in October 2014.

What is the rent for unit 1105?

AED 53,500 a year on the contract renewed on 21 June 2021. The previous contract, from June 2020, was AED 55,000; the unit has been rented since June 2014.

How big is unit 1105?

831 sqft (77.2 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1105 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 1105, Fairview Residency

Starts from the last sale price (AED 835K, 2 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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