1-bed · 779 sqftFairview Residency, Business Bay · 15th floor · completed 2014

1503, Fairview Residency

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 1M13 January 2019
Current rentAED 110K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Fairview Residency

What is 1503 worth today?

Last sold for AED 1,000,100 in 2019

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3 Feb 2026RentedNew contract
AED 110,000/yr12 months · AED 141 per sqft
18 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 128 per sqft
18 Jan 2024RentedNew contract
AED 99,732/yr12 months · AED 129 per sqft
17 Jan 2022RentedNew contract
AED 64,615/yr13 months · AED 83 per sqft
13 Jan 2019Sold by developerReady
AED 1,000,100AED 1,283 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
15th of 18
Parking
P1-47
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1M · January 2019

About 1503, Fairview Residency

1503 is a one-bedroom apartment of 779 sqft on the 15th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 13 January 2019 for AED 1,000,100, or AED 1,283 per sqft, 4% above the AED 1,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 3 February 2026, is AED 110,000 a year: a gross yield of 11.0% on the 2019 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, January 2019: AED 1,000,100 (AED 1,283 per sqft)

1503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, 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, January 2022: AED 64,615 a yearNew contract, January 2024: AED 99,732 a yearNew contract, January 2025: AED 100,000 a yearNew contract, February 2026: AED 110,000 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 1503 sits

All 160 1-beds →

1503 last sold in January 2019 at AED 1,283 per sqft, 4% above what one-beds in Fairview Residency were fetching at the time (AED 1,239). 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. 1503's AED 110,000 is at the top 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
15021-bedAED 1.45M · Oct 2014
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

1503, Fairview Residency in numbers

  • Sold once: by Deyaar on 13 January 2019 for AED 1,000,100, or AED 1,283 per sqft.
  • Rented since January 2022 on 4 Ejari contracts, from AED 64,615 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 11.0%, before a service charge of about AED 11,800 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 3 February 2026.

Questions about 1503, Fairview Residency

What did unit 1503 last sell for?

AED 1,000,100 on 13 January 2019, sold by the developer: AED 1,283 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 110,000 a year on the contract signed on 3 February 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since January 2022.

How big is unit 1503?

779 sqft (72.4 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.

What is unit 1503 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 1503, Fairview Residency

Starts from the last sale price (AED 1M, 13 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,100
Deposit, UAE resident (20%)
AED 200,020
Deposit, non-resident (40%)
AED 400,040
Monthly over 25 years at 3.7%
AED 4,092

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