1-bed · 885 sqftFairview Residency, Business Bay · 14th floor · completed 2014

1407, Fairview Residency

Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 1.16M10 June 2026
Current rentAED 57K /yr17 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Fairview Residency

What is 1407 worth today?

Last sold for AED 1,164,424 in 2026

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10 Jun 2026SoldReady
AED 1,164,424AED 1,316 per sqft
17 Nov 2024RentedRenewal
AED 56,750/yr12 months · AED 64 per sqft
17 Nov 2024RentedRenewal
AED 56,750/yr12 months · AED 64 per sqft
17 Nov 2023RentedRenewal
AED 56,750/yr12 months · AED 64 per sqft
17 Nov 2022RentedRenewal
AED 56,750/yr12 months · AED 64 per sqft
17 Nov 2021RentedRenewal
AED 43,000/yr12 months · AED 49 per sqft
17 Nov 2020RentedNew contract
AED 41,000/yr12 months · AED 46 per sqft
25 Sep 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
14th of 18
Parking
P1-10
Developer
Deyaar
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.16M · June 2026

About 1407, Fairview Residency

1407 is a one-bedroom apartment of 885 sqft on the 14th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 10 June 2026 for AED 1,164,424, or AED 1,316 per sqft, in line with the AED 1,292 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 17 November 2024, is AED 56,750 a year: a gross yield of 4.9% on the 2026 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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 1,164,424 (AED 1,316 per sqft)Sold, June 2026: AED 1,164,424 (AED 1,316 per sqft)

1407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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, November 2016: AED 75,000 a yearRenewal, November 2017: AED 72,000 a yearNew contract, September 2019: AED 55,000 a yearNew contract, November 2020: AED 41,000 a yearRenewal, November 2021: AED 43,000 a yearRenewal, November 2022: AED 56,750 a yearRenewal, November 2023: AED 56,750 a yearRenewal, November 2024: AED 56,750 a yearRenewal, November 2024: AED 56,750 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 1407 sits

All 160 1-beds →

1407 last sold in June 2026 at AED 1,316 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,292). 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. 1407's AED 56,750 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
14061-bedAED 1.15M · Sep 2015
14081-bedAED 1.15M · Sep 2014
1–7 of 9

1407, Fairview Residency in numbers

  • Sold twice: first on 27 October 2014 for AED 1,164,424, last on 10 June 2026 for AED 1,164,424 (AED 1,316 per sqft).
  • Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 41,000 in 2020 and recovered to AED 56,750 by November 2024.
  • At AED 56,750 a year the gross yield on the 2026 price is 4.9%, before a service charge of about AED 13,400 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 10 June 2026.

Questions about 1407, Fairview Residency

What did unit 1407 last sell for?

AED 1,164,424 on 10 June 2026: AED 1,316 per sqft for 885 sqft. The unit has 2 registered sales; the first was AED 1,164,424 in October 2014.

What is the rent for unit 1407?

AED 56,750 a year on the contract renewed on 17 November 2024. The previous contract, from November 2024, was AED 56,750; the unit has been rented since November 2016.

How big is unit 1407?

885 sqft (82.2 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2014.

What is unit 1407 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 1407, Fairview Residency

Starts from the last sale price (AED 1.16M, 10 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,164,424
Deposit, UAE resident (20%)
AED 232,885
Deposit, non-resident (40%)
AED 465,770
Monthly over 25 years at 3.7%
AED 4,764

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