1-bed · 841 sqftFairview Residency, Business Bay · 11th floor · completed 2014

1106, Fairview Residency

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 775K8 June 2022
Current rentAED 44K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Fairview Residency

What is 1106 worth today?

Last sold for AED 775,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jun 2022SoldReady
AED 775,000AED 922 per sqft
1 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft
9 Jul 2020RentedNew contract
AED 48,000/yr5 months · AED 57 per sqft
11 Nov 2019SoldReady
AED 725,000AED 862 per sqft
9 Jul 2019RentedNew contract
AED 58,000/yr12 months · AED 69 per sqft
15 Feb 2018RentedNew contract
AED 71,000/yr12 months · AED 85 per sqft
30 Aug 2016RentedNew contract
AED 78,000/yr12 months · AED 93 per sqft
27 Oct 2014Sold by developerReady
AED 1,131,241AED 1,345 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
11th of 18
Parking
P1-9
Developer
Deyaar
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 775K · June 2022

About 1106, Fairview Residency

1106 is a one-bedroom apartment of 841 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 775,000, or AED 922 per sqft, 5% below the AED 973 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 March 2021, is AED 44,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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 1,131,241 (AED 1,345 per sqft)Sold, November 2019: AED 725,000 (AED 862 per sqft)Sold, June 2022: AED 775,000 (AED 922 per sqft)

1106 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106, 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 78,000 a yearNew contract, February 2018: AED 71,000 a yearNew contract, July 2019: AED 58,000 a yearNew contract, July 2020: AED 48,000 a yearNew contract, March 2021: AED 44,000 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 1106 sits

All 160 1-beds →

1106 last sold in June 2022 at AED 922 per sqft, 5% below 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. 1106's AED 44,000 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
11031-bedAED 1M · Jun 2022
11041-bedAED 1.04M · Jul 2016
11051-bedAED 835K · Oct 2019
11071-bedAED 770K · Mar 2019
11081-bedAED 1.05M · Nov 2023
1–7 of 9

1106, Fairview Residency in numbers

  • Sold 3 times: first on 27 October 2014 for AED 1,131,241, last on 8 June 2022 for AED 775,000 (AED 922 per sqft).
  • Rented since August 2016 on 5 Ejari contracts, from AED 78,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 12,700 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 1106, Fairview Residency

What did unit 1106 last sell for?

AED 775,000 on 8 June 2022: AED 922 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,131,241 in October 2014.

What is the rent for unit 1106?

AED 44,000 a year on the contract signed on 1 March 2021. The previous contract, from July 2020, was AED 48,000; the unit has been rented since August 2016.

How big is unit 1106?

841 sqft (78.1 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1106 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.

Selling 1106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1106, Fairview Residency

Starts from the last sale price (AED 775K, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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