1208, Fairview Residency
Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Fairview Residency
What is 1208 worth today?
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Source: Dubai Land Department. Updated 11 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 12th of 18
- Parking
- P1-44
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.13M · October 2024
- Building
- Fairview Residency
About 1208, Fairview Residency
1208 is a one-bedroom apartment of 796 sqft on the 12th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 11 October 2024 for AED 1,125,000, or AED 1,412 per sqft, 5% above the AED 1,345 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 52,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 12,000 a year.
Sales and rents for 1208 over time
1208 has sold once; the dashed line is the one-bed median of each year in the building.
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 1208 sits
All 160 1-beds →1208 last sold in October 2024 at AED 1,412 per sqft, 5% above what one-beds in Fairview Residency were fetching at the time (AED 1,345). 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. 1208's AED 52,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 796 sqft | 1,120,000 | 1,406 | ||
| 17 Aug 202617 August 2026 | 796 sqft | 1,150,000 | 1,444 | ||
| 4 Aug 20264 August 2026 | 841 sqft | 1,050,000 | 1,249 | ||
| 16 Jul 202616 July 2026 | 852 sqft | 1,100,000 | 1,291 |
Fairview Residency
Building166 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%
Other units on the 12th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 851 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 64,000 /yr | |
| 1202 | 1-bed | 830 sqft | AED 1.03MAED 1,025,000 · Apr 2023April 2023 | 80,000 /yr | |
| 1203 | 1-bed | 779 sqft | AED 1.24MAED 1,240,000 · Jan 2024January 2024 | 105,000 /yr | |
| 1204 | 1-bed | 781 sqft | AED 1.4MAED 1,395,000 · Nov 2014November 2014 | 72,000 /yr | |
| 1205 | 1-bed | 831 sqft | AED 1.32MAED 1,320,000 · May 2025May 2025 | 66,550 /yr | |
| 1206 | 1-bed | 841 sqft | AED 1.05MAED 1,050,000 · Aug 2026August 2026 | 89,000 /yr | |
| 1207 | 1-bed | 883 sqft | AED 700KAED 700,000 · Oct 2019October 2019 | 75,000 /yr | |
| 1209 | 1-bed | 796 sqft | AED 600KAED 600,000 · Oct 2019October 2019 | 78,000 /yr | |
| 1210 | 1-bed | 870 sqft | AED 1.17MAED 1,165,000 · Apr 2025April 2025 | 68,250 /yr |
1208, Fairview Residency in numbers
- Sold once: by Deyaar on 11 October 2024 for AED 1,125,000, or AED 1,412 per sqft.
- Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 52,000 by June 2022.
- At AED 52,000 a year the gross yield on the 2024 price is 4.6%, 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 11 October 2024.
Questions about 1208, Fairview Residency
What did unit 1208 last sell for?
AED 1,125,000 on 11 October 2024, sold by the developer: AED 1,412 per sqft for 796 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 52,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 45,000; the unit has been rented since February 2016.
How big is unit 1208?
796 sqft (74.0 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1208 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 1208, Fairview Residency
Starts from the last sale price (AED 1.13M, 11 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →