1-bed · 779 sqftFairview Residency, Business Bay · 2nd floor · completed 2014

203, Fairview Residency

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 825K20 December 2021
Current rentAED 91K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Fairview Residency

What is 203 worth today?

Last sold for AED 825,000 in 2021

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7 Feb 2025RentedNew contract
AED 91,333/yr36 months · AED 118 per sqft
7 Feb 2025RentedNew contract
AED 91,333/yr36 months · AED 118 per sqft
27 Dec 2023RentedRenewal
AED 80,000/yr12 months · AED 103 per sqft
27 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 77 per sqft
27 Dec 2021RentedNew contract
AED 51,000/yr12 months · AED 66 per sqft
20 Dec 2021SoldReady
AED 825,000AED 1,058 per sqft
27 Dec 2020RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
27 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
2nd of 18
Parking
P2-21
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 825K · December 2021

About 203, Fairview Residency

203 is a one-bedroom apartment of 779 sqft on the 2nd floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 20 December 2021 for AED 825,000, or AED 1,058 per sqft, 28% above the AED 829 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 February 2025, is AED 91,333 a year: a gross yield of 11.1% on the 2021 price, before the service charge of about AED 11,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 1,283,313 (AED 1,646 per sqft)Sold, December 2021: AED 825,000 (AED 1,058 per sqft)

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

Rents
Unit 203, 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, August 2014: AED 80,000 a yearNew contract, August 2016: AED 83,000 a yearNew contract, September 2017: AED 80,000 a yearNew contract, December 2020: AED 47,000 a yearNew contract, December 2021: AED 51,000 a yearRenewal, December 2022: AED 60,000 a yearRenewal, December 2023: AED 80,000 a yearNew contract, February 2025: AED 91,333 a yearNew contract, February 2025: AED 91,333 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 203 sits

All 160 1-beds →

203 last sold in December 2021 at AED 1,058 per sqft, 28% above what one-beds in Fairview Residency were fetching at the time (AED 829). 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. 203's AED 91,333 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 2nd floor

All 166 units in Fairview Residency
Value
2011-bedAED 660K · Jan 2020
2021-bedAED 950K · Mar 2023
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

203, Fairview Residency in numbers

  • Sold twice: first on 9 July 2013 for AED 1,283,313, last on 20 December 2021 for AED 825,000 (AED 1,058 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 47,000 in 2020 and recovered to AED 91,333 by February 2025.
  • At AED 91,333 a year the gross yield on the 2021 price is 11.1%, 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 7 February 2025.

Questions about 203, Fairview Residency

What did unit 203 last sell for?

AED 825,000 on 20 December 2021: AED 1,058 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 1,283,313 in July 2013.

What is the rent for unit 203?

AED 91,333 a year on the contract signed on 7 February 2025. The previous contract, from February 2025, was AED 91,333; the unit has been rented since August 2014.

How big is unit 203?

779 sqft (72.4 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 203 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 203, Fairview Residency

Starts from the last sale price (AED 825K, 20 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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