1-bed · 831 sqftFairview Residency, Business Bay · 2nd floor · completed 2014

202, Fairview Residency

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 950K15 March 2023
Current rentAED 55K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Fairview Residency

What is 202 worth today?

Last sold for AED 950,000 in 2023

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15 Mar 2023SoldReady
AED 950,000AED 1,142 per sqft
25 Dec 2021RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
25 Dec 2020RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
25 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
25 Dec 2018RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
2 Oct 2017RentedNew contract
AED 82,000/yr12 months · AED 99 per sqft
20 Mar 2017RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
20 Nov 2016Sold by developerReady
AED 1,330,277AED 1,600 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
2nd of 18
Parking
P1-20
Developer
Deyaar
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 950K · March 2023

About 202, Fairview Residency

202 is a one-bedroom apartment of 831 sqft on the 2nd floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 15 March 2023 for AED 950,000, or AED 1,142 per sqft, 20% above the AED 948 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 December 2021, is AED 55,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, November 2016: AED 1,330,277 (AED 1,600 per sqft)Sold, March 2023: AED 950,000 (AED 1,142 per sqft)

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

Rents
Unit 202, 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, March 2017: AED 85,000 a yearNew contract, October 2017: AED 82,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, December 2019: AED 60,000 a yearRenewal, December 2020: AED 50,000 a yearRenewal, December 2021: AED 55,000 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 202 sits

All 160 1-beds →

202 last sold in March 2023 at AED 1,142 per sqft, 20% above what one-beds in Fairview Residency were fetching at the time (AED 948). 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. 202's AED 55,000 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 2nd floor

All 166 units in Fairview Residency
Value
2011-bedAED 660K · Jan 2020
2031-bedAED 825K · Dec 2021
2041-bedAED 1.08M · Oct 2024
2051-bedAED 1.46M · Jun 2015
2061-bedAED 1.3M · Sep 2014
2071-bedAED 1.1M · Apr 2026
2081-bedAED 1.14M · Sep 2014
1–7 of 9

202, Fairview Residency in numbers

  • Sold twice: first on 20 November 2016 for AED 1,330,277, last on 15 March 2023 for AED 950,000 (AED 1,142 per sqft).
  • Rented since March 2017 on 6 Ejari contracts, from AED 85,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 12,600 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 March 2023.

Questions about 202, Fairview Residency

What did unit 202 last sell for?

AED 950,000 on 15 March 2023: AED 1,142 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 1,330,277 in November 2016.

What is the rent for unit 202?

AED 55,000 a year on the contract renewed on 25 December 2021. The previous contract, from December 2020, was AED 50,000; the unit has been rented since March 2017.

How big is unit 202?

831 sqft (77.2 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 202 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 202, Fairview Residency

Starts from the last sale price (AED 950K, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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