1-bed · 833 sqftFairview Residency, Business Bay · 15th floor · completed 2014

1502, Fairview Residency

Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 12 April 2025
Last soldAED 1.45M26 October 2014
Current rentAED 90K /yr12 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Fairview Residency

What is 1502 worth today?

Last sold for AED 1,450,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
12 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
6 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
5 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
26 Oct 2014SoldReady
AED 1,450,000AED 1,741 per sqft
24 Aug 2014SoldReady
AED 1,163,719AED 1,397 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,599,592AED 1,920 per sqft

Source: Dubai Land Department. Updated 12 April 2025.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
15th of 18
Parking
B-16
Developer
Deyaar
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 1.45M · October 2014

About 1502, Fairview Residency

1502 is a one-bedroom apartment of 833 sqft on the 15th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 26 October 2014 for AED 1,450,000, or AED 1,741 per sqft, 21% above the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 April 2025, is AED 90,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, June 2009: AED 1,599,592 (AED 1,920 per sqft)Sold, August 2014: AED 1,163,719 (AED 1,397 per sqft)Sold, October 2014: AED 1,450,000 (AED 1,741 per sqft)

1502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, 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, March 2021: AED 55,000 a yearNew contract, March 2022: AED 65,000 a yearNew contract, April 2025: AED 90,000 a yearNew contract, April 2025: AED 90,000 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 1502 sits

All 160 1-beds →

1502 last sold in October 2014 at AED 1,741 per sqft, 21% above what one-beds in Fairview Residency were fetching at the time (AED 1,434). 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. 1502's AED 90,000 is in the upper 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
15011-bedAED 1.15M · Mar 2025
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

1502, Fairview Residency in numbers

  • Sold 3 times: first on 7 June 2009 for AED 1,599,592, last on 26 October 2014 for AED 1,450,000 (AED 1,741 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 55,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 12,600 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 12 April 2025.

Questions about 1502, Fairview Residency

What did unit 1502 last sell for?

AED 1,450,000 on 26 October 2014: AED 1,741 per sqft for 833 sqft. The unit has 3 registered sales; the first was AED 1,599,592 in June 2009.

What is the rent for unit 1502?

AED 90,000 a year on the contract signed on 12 April 2025. The previous contract, from April 2025, was AED 90,000; the unit has been rented since March 2021.

How big is unit 1502?

833 sqft (77.4 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.

What is unit 1502 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.

Selling 1502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1502, Fairview Residency

Starts from the last sale price (AED 1.45M, 26 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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