1-bed · 841 sqftFairview Residency, Business Bay · 16th floor · completed 2014

1606, Fairview Residency

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 18 January 2026
Last soldAED 1.05M13 August 2017
Current rentAED 92K /yr18 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Fairview Residency

What is 1606 worth today?

Last sold for AED 1,050,000 in 2017

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18 Jan 2026RentedRenewal
AED 92,000/yr12 months · AED 110 per sqft
18 Jan 2025RentedRenewal
AED 92,000/yr12 months · AED 110 per sqft
18 Jan 2025RentedRenewal
AED 92,000/yr12 months · AED 110 per sqft
18 Jan 2024RentedNew contract
AED 92,000/yr12 months · AED 110 per sqft
5 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
5 Jan 2022RentedNew contract
AED 68,000/yr12 months · AED 81 per sqft
1 Jan 2021RentedNew contract
AED 56,000/yr12 months · AED 67 per sqft
13 Aug 2017SoldReady
AED 1,050,000AED 1,249 per sqft

Source: Dubai Land Department. Updated 18 January 2026.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
16th of 18
Parking
P3-31
Developer
Deyaar
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 1.05M · August 2017

About 1606, Fairview Residency

1606 is a one-bedroom apartment of 841 sqft on the 16th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 13 August 2017 for AED 1,050,000, or AED 1,249 per sqft, 20% below the AED 1,552 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 18 January 2026, is AED 92,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, September 2014: AED 1,207,849 (AED 1,436 per sqft)Sold, January 2015: AED 1,350,000 (AED 1,606 per sqft)Sold, August 2017: AED 1,050,000 (AED 1,249 per sqft)

1606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, 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 2015: AED 80,000 a yearNew contract, January 2021: AED 56,000 a yearNew contract, January 2022: AED 68,000 a yearNew contract, January 2023: AED 75,000 a yearNew contract, January 2024: AED 92,000 a yearRenewal, January 2025: AED 92,000 a yearRenewal, January 2025: AED 92,000 a yearRenewal, January 2026: AED 92,000 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 1606 sits

All 160 1-beds →

1606 last sold in August 2017 at AED 1,249 per sqft, 20% below what one-beds in Fairview Residency were fetching at the time (AED 1,552). 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. 1606's AED 92,000 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 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
16041-bedAED 1.13M · Jun 2009
16051-bedAED 1.1M · Mar 2023
16071-bedAED 1.28M · Sep 2014
16081-bedAED 1.07M · May 2026
1–7 of 9

1606, Fairview Residency in numbers

  • Sold 3 times: first on 16 September 2014 for AED 1,207,849, last on 13 August 2017 for AED 1,050,000 (AED 1,249 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 56,000 in 2021 and recovered to AED 92,000 by January 2026.
  • At AED 92,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 12,700 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 18 January 2026.

Questions about 1606, Fairview Residency

What did unit 1606 last sell for?

AED 1,050,000 on 13 August 2017: AED 1,249 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,207,849 in September 2014.

What is the rent for unit 1606?

AED 92,000 a year on the contract renewed on 18 January 2026. The previous contract, from January 2025, was AED 92,000; the unit has been rented since October 2015.

How big is unit 1606?

841 sqft (78.1 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.

What is unit 1606 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 1606, Fairview Residency

Starts from the last sale price (AED 1.05M, 13 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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