1-bed · 779 sqftFairview Residency, Business Bay · 12th floor · completed 2014

1203, Fairview Residency

Sold prices and rental history: sold 4 times, last in January 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.24M5 January 2024
Current rentAED 105K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Fairview Residency

What is 1203 worth today?

Last sold for AED 1,240,000 in 2024

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1 Mar 2026RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
9 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 123 per sqft
5 Jan 2024SoldReady
AED 1,240,000AED 1,591 per sqft
18 Dec 2014SoldReady
AED 1,280,000AED 1,642 per sqft
4 Mar 2014SoldOff-plan
AED 1,280,000AED 1,642 per sqft
7 Jun 2010Sold by developerOff-plan
AED 1,110,610AED 1,425 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
12th of 18
Parking
B-9
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.24M · January 2024

About 1203, Fairview Residency

1203 is a one-bedroom apartment of 779 sqft on the 12th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 5 January 2024 for AED 1,240,000, or AED 1,591 per sqft, 25% above the AED 1,272 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 March 2026, is AED 105,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 2010: AED 1,110,610 (AED 1,425 per sqft)Sold, March 2014: AED 1,280,000 (AED 1,642 per sqft)Sold, December 2014: AED 1,280,000 (AED 1,642 per sqft)Sold, January 2024: AED 1,240,000 (AED 1,591 per sqft)

1203 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Fairview Residency
50K100K2014201820222026Typical 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, February 2024: AED 95,000 a yearNew contract, March 2026: AED 105,000 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 1203 sits

All 160 1-beds →

1203 last sold in January 2024 at AED 1,591 per sqft, 25% above what one-beds in Fairview Residency were fetching at the time (AED 1,272). 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. 1203's AED 105,000 is in the upper 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 12th floor

All 166 units in Fairview Residency
Value
12011-bedAED 1.1M · Jul 2025
12021-bedAED 1.03M · Apr 2023
12041-bedAED 1.4M · Nov 2014
12051-bedAED 1.32M · May 2025
12061-bedAED 1.05M · Aug 2026
12071-bedAED 700K · Oct 2019
12081-bedAED 1.13M · Oct 2024
1–7 of 9

1203, Fairview Residency in numbers

  • Sold 4 times: first on 7 June 2010 for AED 1,110,610, last on 5 January 2024 for AED 1,240,000 (AED 1,591 per sqft).
  • Rented since February 2024 on 2 Ejari contracts, from AED 95,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 8.5%, 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 1 March 2026.

Questions about 1203, Fairview Residency

What did unit 1203 last sell for?

AED 1,240,000 on 5 January 2024: AED 1,591 per sqft for 779 sqft. The unit has 4 registered sales; the first was AED 1,110,610 in June 2010.

What is the rent for unit 1203?

AED 105,000 a year on the contract signed on 1 March 2026. The previous contract, from February 2024, was AED 95,000.

How big is unit 1203?

779 sqft (72.4 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.

What is unit 1203 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 1203, Fairview Residency

Starts from the last sale price (AED 1.24M, 5 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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