1-bed · 851 sqftFairview Residency, Business Bay · 15th floor · completed 2014

1501, Fairview Residency

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 19 May 2026
Last soldAED 1.15M13 March 2025
Current rentAED 80K /yr19 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Fairview Residency

What is 1501 worth today?

Last sold for AED 1,150,000 in 2025

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19 May 2026RentedRenewal
AED 80,000/yr12 months · AED 94 per sqft
19 May 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
19 May 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
13 Mar 2025SoldReady
AED 1,150,000AED 1,351 per sqft
5 Feb 2025RentedNew contract · flagged as an outlier
AED 25,000/yr12 months · AED 29 per sqft
5 Feb 2025RentedNew contract
AED 25,000/yr12 months · AED 29 per sqft
6 Feb 2024RentedNew contract
AED 85,000/yr12 months · AED 100 per sqft
6 Feb 2023RentedRenewal
AED 78,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 19 May 2026.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
15th of 18
Parking
P2-53
Developer
Deyaar
Completed
2014
Service charge
AED 12,900 /yr
Last sold
AED 1.15M · March 2025

About 1501, Fairview Residency

1501 is a one-bedroom apartment of 851 sqft on the 15th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 13 March 2025 for AED 1,150,000, or AED 1,351 per sqft, in line with the AED 1,374 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 15 Ejari contracts. The current contract, renewed on 19 May 2026, is AED 80,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 12,900 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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, November 2014: AED 1,211,478 (AED 1,423 per sqft)Sold, December 2021: AED 706,775 (AED 830 per sqft)Sold, March 2025: AED 1,150,000 (AED 1,351 per sqft)

1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, 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, October 2015: AED 85,000 a yearNew contract, December 2016: AED 77,000 a yearRenewal, December 2017: AED 77,025 a yearNew contract, August 2018: AED 70,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, October 2020: AED 50,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, February 2022: AED 70,000 a yearRenewal, February 2023: AED 78,000 a yearNew contract, February 2024: AED 85,000 a yearNew contract, February 2025: AED 25,000 a yearNew contract, May 2025: AED 80,000 a yearNew contract, May 2025: AED 80,000 a yearRenewal, May 2026: AED 80,000 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 1501 sits

All 160 1-beds →

1501 last sold in March 2025 at AED 1,351 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,374). 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. 1501's AED 80,000 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 15th floor

All 166 units in Fairview Residency
Value
15021-bedAED 1.45M · Oct 2014
15031-bedAED 1M · Jan 2019
15041-bedAED 1.28M · Aug 2014
15051-bedAED 1.28M · Oct 2015
15061-bedAED 1.22M · Nov 2023
15071-bedAED 1.19M · Sep 2014
15081-bedAED 950K · Nov 2017
1–7 of 9

1501, Fairview Residency in numbers

  • Sold 3 times: first on 3 November 2014 for AED 1,211,478, last on 13 March 2025 for AED 1,150,000 (AED 1,351 per sqft).
  • Rented since October 2015 on 15 Ejari contracts. The rent fell from AED 85,000 to AED 25,000 in 2025 and recovered to AED 80,000 by May 2026.
  • At AED 80,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 12,900 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 19 May 2026.

Questions about 1501, Fairview Residency

What did unit 1501 last sell for?

AED 1,150,000 on 13 March 2025: AED 1,351 per sqft for 851 sqft. The unit has 3 registered sales; the first was AED 1,211,478 in November 2014.

What is the rent for unit 1501?

AED 80,000 a year on the contract renewed on 19 May 2026. The previous contract, from May 2025, was AED 80,000; the unit has been rented since October 2015.

How big is unit 1501?

851 sqft (79.1 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.

What is unit 1501 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 1501, Fairview Residency

Starts from the last sale price (AED 1.15M, 13 March 2025). 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 →