1-bed · 885 sqftFairview Residency, Business Bay · 15th floor · completed 2014

1507, Fairview Residency

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.19M3 September 2014
Current rentAED 70K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Fairview Residency

What is 1507 worth today?

Last sold for AED 1,191,808 in 2014

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15 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
1 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
23 Jul 2024RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
15 Jul 2023RentedRenewal
AED 53,000/yr12 months · AED 60 per sqft
15 Jul 2022RentedRenewal
AED 48,000/yr12 months · AED 54 per sqft
15 Jul 2021RentedRenewal
AED 42,000/yr12 months · AED 47 per sqft
15 Jul 2020RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
15 Jul 2019RentedNew contract
AED 62,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
15th of 18
Parking
P2-19
Developer
Deyaar
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.19M · September 2014

About 1507, Fairview Residency

1507 is a one-bedroom apartment of 885 sqft on the 15th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 3 September 2014 for AED 1,191,808, or AED 1,347 per sqft, 6% below the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 September 2026, is AED 70,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, March 2014: AED 1,191,808 (AED 1,347 per sqft)Sold, September 2014: AED 1,191,808 (AED 1,347 per sqft)

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, 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, June 2015: AED 100,000 a yearNew contract, July 2017: AED 88,000 a yearNew contract, July 2019: AED 62,000 a yearRenewal, July 2020: AED 45,000 a yearRenewal, July 2021: AED 42,000 a yearRenewal, July 2022: AED 48,000 a yearRenewal, July 2023: AED 53,000 a yearNew contract, July 2024: AED 75,000 a yearNew contract, September 2025: AED 75,000 a yearNew contract, September 2026: AED 70,000 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 1507 sits

All 160 1-beds →

1507 last sold in September 2014 at AED 1,347 per sqft, 6% below 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. 1507's AED 70,000 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
15041-bedAED 1.28M · Aug 2014
15051-bedAED 1.28M · Oct 2015
15061-bedAED 1.22M · Nov 2023
15081-bedAED 950K · Nov 2017
1–7 of 9

1507, Fairview Residency in numbers

  • Sold twice: first on 2 March 2014 for AED 1,191,808, last on 3 September 2014 for AED 1,191,808 (AED 1,347 per sqft).
  • Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 42,000 in 2021 and recovered to AED 70,000 by September 2026.
  • At AED 70,000 a year the gross yield on the 2014 price is 5.9%, 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 15 September 2026.

Questions about 1507, Fairview Residency

What did unit 1507 last sell for?

AED 1,191,808 on 3 September 2014: AED 1,347 per sqft for 885 sqft. The unit has 2 registered sales; the first was AED 1,191,808 in March 2014.

What is the rent for unit 1507?

AED 70,000 a year on the contract signed on 15 September 2026. The previous contract, from September 2025, was AED 75,000; the unit has been rented since June 2015.

How big is unit 1507?

885 sqft (82.2 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.

What is unit 1507 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 1507, Fairview Residency

Starts from the last sale price (AED 1.19M, 3 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,191,808
Deposit, UAE resident (20%)
AED 238,362
Deposit, non-resident (40%)
AED 476,723
Monthly over 25 years at 3.7%
AED 4,876

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