1-bed · 781 sqftFairview Residency, Business Bay · 2nd floor · completed 2014

204, Fairview Residency

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 1.08M28 October 2024
Current rentAED 63K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Fairview Residency

What is 204 worth today?

Last sold for AED 1,080,000 in 2024

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28 Oct 2024SoldReady
AED 1,080,000AED 1,383 per sqft
1 Aug 2022RentedNew contract
AED 63,000/yr12 months · AED 80 per sqft
24 Jun 2021RentedRenewal
AED 55,000/yr12 months · AED 70 per sqft
25 Jun 2020RentedRenewal
AED 52,140/yr12 months · AED 66 per sqft
25 Dec 2019RentedRenewal
AED 62,000/yr6 months · AED 79 per sqft
25 Dec 2018RentedRenewal
AED 75,000/yr12 months · AED 95 per sqft
25 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
10 Dec 2014RentedNew contract
AED 84,545/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
2nd of 18
Parking
P2-23
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.08M · October 2024

About 204, Fairview Residency

204 is a one-bedroom apartment of 781 sqft on the 2nd floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 28 October 2024 for AED 1,080,000, or AED 1,383 per sqft, in line with the AED 1,346 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2022, is AED 63,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, March 2014: AED 1,324,646 (AED 1,697 per sqft)Sold, September 2014: AED 1,324,646 (AED 1,697 per sqft)Sold, October 2024: AED 1,080,000 (AED 1,383 per sqft)

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

Rents
Unit 204, 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, December 2014: AED 84,545 a yearNew contract, December 2017: AED 80,000 a yearRenewal, December 2018: AED 75,000 a yearRenewal, December 2019: AED 62,000 a yearRenewal, June 2020: AED 52,140 a yearRenewal, June 2021: AED 55,000 a yearNew contract, August 2022: AED 63,000 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 204 sits

All 160 1-beds →

204 last sold in October 2024 at AED 1,383 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,346). 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. 204's AED 63,000 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
2021-bedAED 950K · Mar 2023
2031-bedAED 825K · Dec 2021
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

204, Fairview Residency in numbers

  • Sold 3 times: first on 2 March 2014 for AED 1,324,646, last on 28 October 2024 for AED 1,080,000 (AED 1,383 per sqft).
  • Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 84,545 to AED 52,140 in 2020 and recovered to AED 63,000 by August 2022.
  • At AED 63,000 a year the gross yield on the 2024 price is 5.8%, 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 28 October 2024.

Questions about 204, Fairview Residency

What did unit 204 last sell for?

AED 1,080,000 on 28 October 2024: AED 1,383 per sqft for 781 sqft. The unit has 3 registered sales; the first was AED 1,324,646 in March 2014.

What is the rent for unit 204?

AED 63,000 a year on the contract signed on 1 August 2022. The previous contract, from June 2021, was AED 55,000; the unit has been rented since December 2014.

How big is unit 204?

781 sqft (72.6 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 204 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 204, Fairview Residency

Starts from the last sale price (AED 1.08M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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