1-bed · 781 sqftFairview Residency, Business Bay · 15th floor · completed 2014

1504, Fairview Residency

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 14 March 2026
Last soldAED 1.28M24 August 2014
Current rentAED 80K /yr14 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Fairview Residency

What is 1504 worth today?

Last sold for AED 1,283,062 in 2014

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14 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 102 per sqft
14 Mar 2025RentedRenewal
AED 76,500/yr12 months · AED 98 per sqft
14 Mar 2025RentedRenewal
AED 76,500/yr12 months · AED 98 per sqft
14 Mar 2024RentedRenewal
AED 72,500/yr12 months · AED 93 per sqft
14 Mar 2023RentedRenewal
AED 68,250/yr12 months · AED 87 per sqft
14 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 83 per sqft
1 Sep 2019RentedRenewal
AED 70,000/yr12 months · AED 89 per sqft
1 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 14 March 2026.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
15th of 18
Parking
P3-25
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.28M · August 2014

About 1504, Fairview Residency

1504 is a one-bedroom apartment of 781 sqft on the 15th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 24 August 2014 for AED 1,283,062, or AED 1,643 per sqft, 14% above the AED 1,438 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 14 March 2026, is AED 80,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, July 2013: AED 1,283,062 (AED 1,643 per sqft)Sold, August 2014: AED 1,283,062 (AED 1,643 per sqft)

1504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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, September 2018: AED 70,000 a yearRenewal, September 2019: AED 70,000 a yearNew contract, March 2022: AED 65,000 a yearRenewal, March 2023: AED 68,250 a yearRenewal, March 2024: AED 72,500 a yearRenewal, March 2025: AED 76,500 a yearRenewal, March 2025: AED 76,500 a yearRenewal, March 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 1504 sits

All 160 1-beds →

1504 last sold in August 2014 at AED 1,643 per sqft, 14% above what one-beds in Fairview Residency were fetching at the time (AED 1,438). 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. 1504'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
15011-bedAED 1.15M · Mar 2025
15021-bedAED 1.45M · Oct 2014
15031-bedAED 1M · Jan 2019
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

1504, Fairview Residency in numbers

  • Sold twice: first on 9 July 2013 for AED 1,283,062, last on 24 August 2014 for AED 1,283,062 (AED 1,643 per sqft).
  • Rented since September 2018 on 8 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.2%, 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 14 March 2026.

Questions about 1504, Fairview Residency

What did unit 1504 last sell for?

AED 1,283,062 on 24 August 2014: AED 1,643 per sqft for 781 sqft. The unit has 2 registered sales; the first was AED 1,283,062 in July 2013.

What is the rent for unit 1504?

AED 80,000 a year on the contract renewed on 14 March 2026. The previous contract, from March 2025, was AED 76,500; the unit has been rented since September 2018.

How big is unit 1504?

781 sqft (72.6 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.

What is unit 1504 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 1504, Fairview Residency

Starts from the last sale price (AED 1.28M, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,283,062
Deposit, UAE resident (20%)
AED 256,612
Deposit, non-resident (40%)
AED 513,225
Monthly over 25 years at 3.7%
AED 5,249

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