1-bed · 796 sqftFairview Residency, Business Bay · 16th floor · completed 2014

1608, Fairview Residency

Sold prices and rental history: sold 3 times, last in May 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 8 August 2026
Last soldAED 1.07M7 May 2026
Current rentAED 85K /yr8 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Fairview Residency

What is 1608 worth today?

Last sold for AED 1,067,000 in 2026

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8 Aug 2026RentedRenewal
AED 84,690/yr3 months · AED 106 per sqft
7 May 2026SoldReady
AED 1,067,000AED 1,340 per sqft
8 Aug 2025RentedNew contract
AED 84,000/yr12 months · AED 105 per sqft
10 Aug 2024RentedRenewal
AED 79,572/yr12 months · AED 101 per sqft
11 Aug 2023RentedRenewal
AED 80,000/yr12 months · AED 102 per sqft
9 Aug 2022RentedNew contract
AED 74,599/yr12 months · AED 95 per sqft
8 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
8 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 8 August 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
16th of 18
Parking
P3-52
Developer
Deyaar
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 1.07M · May 2026

About 1608, Fairview Residency

1608 is a one-bedroom apartment of 796 sqft on the 16th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 7 May 2026 for AED 1,067,000, or AED 1,340 per sqft, 4% above the AED 1,284 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 8 August 2026, is AED 84,690 a year: a gross yield of 7.9% on the 2026 price, before the service charge of about AED 12,000 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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 1,055,534 (AED 1,325 per sqft)Sold, February 2017: AED 1,100,000 (AED 1,381 per sqft)Sold, May 2026: AED 1,067,000 (AED 1,340 per sqft)

1608 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Fairview Residency
50K75K2014201820222026Typical 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, July 2015: AED 90,000 a yearNew contract, July 2019: AED 74,000 a yearNew contract, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearNew contract, August 2022: AED 74,599 a yearRenewal, August 2023: AED 80,000 a yearRenewal, August 2024: AED 79,572 a yearNew contract, August 2025: AED 84,000 a yearRenewal, August 2026: AED 84,690 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 1608 sits

All 160 1-beds →

1608 last sold in May 2026 at AED 1,340 per sqft, 4% above what one-beds in Fairview Residency were fetching at the time (AED 1,284). 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. 1608's AED 84,690 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
16061-bedAED 1.05M · Aug 2017
16071-bedAED 1.28M · Sep 2014
1–7 of 9

1608, Fairview Residency in numbers

  • Sold 3 times: first on 9 July 2013 for AED 1,055,534, last on 7 May 2026 for AED 1,067,000 (AED 1,340 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 84,690 by August 2026.
  • At AED 84,690 a year the gross yield on the 2026 price is 7.9%, before a service charge of about AED 12,000 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 8 August 2026.

Questions about 1608, Fairview Residency

What did unit 1608 last sell for?

AED 1,067,000 on 7 May 2026: AED 1,340 per sqft for 796 sqft. The unit has 3 registered sales; the first was AED 1,055,534 in July 2013.

What is the rent for unit 1608?

AED 84,690 a year on the contract renewed on 8 August 2026. The previous contract, from August 2025, was AED 84,000; the unit has been rented since July 2015.

How big is unit 1608?

796 sqft (74.0 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.

What is unit 1608 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 1608, Fairview Residency

Starts from the last sale price (AED 1.07M, 7 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,067,000
Deposit, UAE resident (20%)
AED 213,400
Deposit, non-resident (40%)
AED 426,800
Monthly over 25 years at 3.7%
AED 4,365

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