1-bed · 841 sqftFairview Residency, Business Bay · 14th floor · completed 2014

1406, Fairview Residency

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.15M27 September 2015
Current rentAED 65K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Fairview Residency

What is 1406 worth today?

Last sold for AED 1,150,000 in 2015

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1 Jul 2026RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft
1 Jul 2025RentedRenewal
AED 88,000/yr24 months · AED 105 per sqft
1 Jul 2025RentedRenewal
AED 66,654/yr12 months · AED 79 per sqft
1 Jul 2025RentedRenewal
AED 88,000/yr24 months · AED 105 per sqft
1 Jul 2025RentedRenewal
AED 66,654/yr12 months · AED 79 per sqft
1 Jul 2024RentedRenewal
AED 63,480/yr12 months · AED 76 per sqft
1 Jul 2023RentedRenewal
AED 55,200/yr12 months · AED 66 per sqft
1 Jul 2022RentedRenewal
AED 48,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
14th of 18
Parking
P3-46
Developer
Deyaar
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 1.15M · September 2015

About 1406, Fairview Residency

1406 is a one-bedroom apartment of 841 sqft on the 14th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 27 September 2015 for AED 1,150,000, or AED 1,368 per sqft, 9% below the AED 1,505 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 65,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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 2013: AED 1,101,945 (AED 1,310 per sqft)Sold, September 2015: AED 1,150,000 (AED 1,368 per sqft)

1406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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, July 2014: AED 80,000 a yearNew contract, June 2016: AED 79,778 a yearNew contract, April 2018: AED 76,000 a yearNew contract, July 2021: AED 45,000 a yearRenewal, July 2022: AED 48,000 a yearRenewal, July 2023: AED 55,200 a yearRenewal, July 2024: AED 63,480 a yearRenewal, July 2025: AED 88,000 a yearRenewal, July 2025: AED 66,654 a yearRenewal, July 2025: AED 88,000 a yearRenewal, July 2025: AED 66,654 a yearRenewal, July 2026: AED 65,000 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 1406 sits

All 160 1-beds →

1406 last sold in September 2015 at AED 1,368 per sqft, 9% below what one-beds in Fairview Residency were fetching at the time (AED 1,505). 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. 1406's AED 65,000 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 14th floor

All 166 units in Fairview Residency
Value
14011-bedAED 1.27M · Jul 2024
14021-bedAED 1.13M · Sep 2023
14031-bedAED 1.5M · Oct 2014
14041-bedAED 1.39M · Jan 2026
14051-bedAED 1.36M · Nov 2024
14071-bedAED 1.16M · Jun 2026
14081-bedAED 1.15M · Sep 2014
1–7 of 9

1406, Fairview Residency in numbers

  • Sold twice: first on 29 October 2013 for AED 1,101,945, last on 27 September 2015 for AED 1,150,000 (AED 1,368 per sqft).
  • Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 65,000 by July 2026.
  • At AED 65,000 a year the gross yield on the 2015 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 1 July 2026.

Questions about 1406, Fairview Residency

What did unit 1406 last sell for?

AED 1,150,000 on 27 September 2015: AED 1,368 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,101,945 in October 2013.

What is the rent for unit 1406?

AED 65,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 88,000; the unit has been rented since July 2014.

How big is unit 1406?

841 sqft (78.1 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2014.

What is unit 1406 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 1406, Fairview Residency

Starts from the last sale price (AED 1.15M, 27 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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