1-bed · 781 sqftFairview Residency, Business Bay · 16th floor · completed 2014

1604, Fairview Residency

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 1.13M7 June 2009
Current rentAED 70K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Fairview Residency

What is 1604 worth today?

Last sold for AED 1,126,017 in 2009

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10 Jun 2026RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
22 Feb 2026RentedRenewal
AED 74,550/yr12 months · AED 96 per sqft
22 Feb 2025RentedRenewal
AED 74,550/yr12 months · AED 96 per sqft
22 Feb 2025RentedRenewal
AED 74,550/yr12 months · AED 96 per sqft
22 Feb 2024RentedRenewal
AED 71,000/yr12 months · AED 91 per sqft
22 Feb 2023RentedNew contract
AED 68,000/yr12 months · AED 87 per sqft
15 Feb 2022RentedNew contract
AED 68,000/yr12 months · AED 87 per sqft
10 Dec 2019RentedRenewal
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
16th of 18
Parking
P1-51
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.13M · June 2009

About 1604, Fairview Residency

1604 is a one-bedroom apartment of 781 sqft on the 16th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 7 June 2009 for AED 1,126,017, or AED 1,442 per sqft, 25% below the AED 1,916 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 10 June 2026, is AED 70,000 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 1,126,017 (AED 1,442 per sqft)

1604 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, 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, October 2014: AED 92,000 a yearNew contract, December 2017: AED 85,000 a yearNew contract, December 2018: AED 75,000 a yearRenewal, December 2019: AED 60,000 a yearNew contract, February 2022: AED 68,000 a yearNew contract, February 2023: AED 68,000 a yearRenewal, February 2024: AED 71,000 a yearRenewal, February 2025: AED 74,550 a yearRenewal, February 2025: AED 74,550 a yearRenewal, February 2026: AED 74,550 a yearNew contract, June 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 1604 sits

All 160 1-beds →

1604 last sold in June 2009 at AED 1,442 per sqft, 25% below what one-beds in Fairview Residency were fetching at the time (AED 1,916). 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. 1604'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 16th floor

All 166 units in Fairview Residency
Value
16011-bedAED 1.17M · Mar 2014
16021-bedAED 1.45M · Oct 2014
16031-bedAED 1.1M · May 2023
16051-bedAED 1.1M · Mar 2023
16061-bedAED 1.05M · Aug 2017
16071-bedAED 1.28M · Sep 2014
16081-bedAED 1.07M · May 2026
1–7 of 9

1604, Fairview Residency in numbers

  • Sold once: by Deyaar on 7 June 2009 for AED 1,126,017, or AED 1,442 per sqft.
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 92,000 to AED 60,000 in 2019 and recovered to AED 70,000 by June 2026.
  • At AED 70,000 a year the gross yield on the 2009 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 10 June 2026.

Questions about 1604, Fairview Residency

What did unit 1604 last sell for?

AED 1,126,017 on 7 June 2009, sold by the developer: AED 1,442 per sqft for 781 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 70,000 a year on the contract signed on 10 June 2026. The previous contract, from February 2026, was AED 74,550; the unit has been rented since October 2014.

How big is unit 1604?

781 sqft (72.6 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.

What is unit 1604 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 1604, Fairview Residency

Starts from the last sale price (AED 1.13M, 7 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,126,017
Deposit, UAE resident (20%)
AED 225,203
Deposit, non-resident (40%)
AED 450,407
Monthly over 25 years at 3.7%
AED 4,607

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