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1-bed · 841 sqftFairview Residency, Business Bay · 4th floor · completed 2014

406, Fairview Residency

Sold prices and rental history: sold twice, last in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 9 September 2015
Last soldAED 1.28M9 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Fairview Residency

What is 406 worth today?

Last sold for AED 1,275,000 in 2015

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9 Sep 2015SoldReady
AED 1,275,000AED 1,516 per sqft
8 Sep 2015Sold by developerReady
AED 1,662,558AED 1,977 per sqft

Source: Dubai Land Department. Updated 9 September 2015.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
4th of 18
Parking
P2-40
Developer
Deyaar
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 1.28M · September 2015
Building
Fairview Residency

About 406, Fairview Residency

406 is a one-bedroom apartment of 841 sqft on the 4th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 9 September 2015 for AED 1,275,000, or AED 1,516 per sqft, 4% above the AED 1,461 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2015: AED 1,275,000 (AED 1,516 per sqft)Sold by developer, September 2015: AED 1,662,558 (AED 1,977 per sqft)

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

Rents
Unit 406, 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 75,000

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 406 sits

All 160 1-beds →

406 last sold in September 2015 at AED 1,516 per sqft, 4% above what one-beds in Fairview Residency were fetching at the time (AED 1,461). 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.

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 4th floor

All 166 units in Fairview Residency
Value
4011-bedAED 1.08M · Oct 2025
4021-bedAED 1.13M · Sep 2014
4031-bedAED 1.39M · Mar 2015
4041-bedAED 1.52M · Nov 2014
4051-bedAED 1.13M · Aug 2014
4071-bedAED 1.69M · Sep 2014
4081-bedAED 1.24M · Aug 2014
1–7 of 9

406, Fairview Residency in numbers

  • Sold twice: first on 8 September 2015 for AED 1,662,558, last on 9 September 2015 for AED 1,275,000 (AED 1,516 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 9 September 2015.

Questions about 406, Fairview Residency

What did unit 406 last sell for?

AED 1,275,000 on 9 September 2015: AED 1,516 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,662,558 in September 2015.

How big is unit 406?

841 sqft (78.1 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.

What is unit 406 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 406, Fairview Residency

Starts from the last sale price (AED 1.28M, 9 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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