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1-bed · 796 sqftFairview Residency, Business Bay · 12th floor · completed 2014

1209, Fairview Residency

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 14 October 2019
Last soldAED 600K14 October 2019
Current rentAED 78K /yr25 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1209, Fairview Residency

What is 1209 worth today?

Last sold for AED 600,000 in 2019

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14 Oct 2019Sold by developerReady
AED 600,000AED 753 per sqft
25 Feb 2017RentedNew contract
AED 78,000/yr10 months · AED 98 per sqft

Source: Dubai Land Department. Updated 14 October 2019.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
12th of 18
Parking
P1-45
Developer
Deyaar
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 600K · October 2019
Building
Fairview Residency

About 1209, Fairview Residency

1209 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 14 October 2019 for AED 600,000, or AED 753 per sqft, 22% below the AED 970 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 February 2017. The current contract, signed on 25 February 2017, is AED 78,000 a year: a gross yield of 13.0% on the 2019 price, before the service charge of about AED 12,000 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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 2019: AED 600,000 (AED 753 per sqft)

1209 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, 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, February 2017: AED 78,000 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 1209 sits

All 160 1-beds →

1209 last sold in October 2019 at AED 753 per sqft, 22% below what one-beds in Fairview Residency were fetching at the time (AED 970). 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. 1209's AED 78,000 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 12th floor

All 166 units in Fairview Residency
Value
12011-bedAED 1.1M · Jul 2025
12021-bedAED 1.03M · Apr 2023
12031-bedAED 1.24M · Jan 2024
12041-bedAED 1.4M · Nov 2014
12051-bedAED 1.32M · May 2025
12061-bedAED 1.05M · Aug 2026
12071-bedAED 700K · Oct 2019
1–7 of 9

1209, Fairview Residency in numbers

  • Sold once: by Deyaar on 14 October 2019 for AED 600,000, or AED 753 per sqft.
  • Rented since February 2017 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2019 price is 13.0%, 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 14 October 2019.

Questions about 1209, Fairview Residency

What did unit 1209 last sell for?

AED 600,000 on 14 October 2019, sold by the developer: AED 753 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 1209?

AED 78,000 a year on the contract signed on 25 February 2017.

How big is unit 1209?

796 sqft (74.0 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.

What is unit 1209 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 1209, Fairview Residency

Starts from the last sale price (AED 600K, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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