1-bed · 884 sqftFairview Residency, Business Bay · 4th floor · completed 2014

407, Fairview Residency

Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 1.69M28 September 2014
Current rentAED 75K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Fairview Residency

What is 407 worth today?

Last sold for AED 1,685,176 in 2014

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20 Jul 2026RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
20 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
20 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
8 Jul 2024RentedRenewal
AED 75,600/yr12 months · AED 86 per sqft
8 Jul 2023RentedNew contract
AED 72,000/yr12 months · AED 82 per sqft
1 Apr 2022RentedRenewal
AED 54,000/yr12 months · AED 61 per sqft
1 Apr 2021RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
1 Apr 2020RentedRenewal
AED 58,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
4th of 18
Parking
P2-41
Developer
Deyaar
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.69M · September 2014

About 407, Fairview Residency

407 is a one-bedroom apartment of 884 sqft on the 4th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 28 September 2014 for AED 1,685,176, or AED 1,906 per sqft, 33% above the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 75,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 13,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2014: AED 1,685,176 (AED 1,906 per sqft)

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

Rents
Unit 407, 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, October 2016: AED 80,000 a yearNew contract, March 2018: AED 67,000 a yearNew contract, April 2019: AED 58,000 a yearRenewal, April 2020: AED 58,000 a yearNew contract, April 2021: AED 48,000 a yearRenewal, April 2022: AED 54,000 a yearNew contract, July 2023: AED 72,000 a yearRenewal, July 2024: AED 75,600 a yearNew contract, July 2025: AED 75,000 a yearNew contract, July 2025: AED 75,000 a yearRenewal, July 2026: AED 75,000 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 407 sits

All 160 1-beds →

407 last sold in September 2014 at AED 1,906 per sqft, 33% above what one-beds in Fairview Residency were fetching at the time (AED 1,434). 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. 407's AED 75,000 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 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
4061-bedAED 1.28M · Sep 2015
4081-bedAED 1.24M · Aug 2014
1–7 of 9

407, Fairview Residency in numbers

  • Sold once: by Deyaar on 28 September 2014 for AED 1,685,176, or AED 1,906 per sqft.
  • Rented since October 2016 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 75,000 by July 2026.
  • At AED 75,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 13,400 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 20 July 2026.

Questions about 407, Fairview Residency

What did unit 407 last sell for?

AED 1,685,176 on 28 September 2014, sold by the developer: AED 1,906 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 75,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since October 2016.

How big is unit 407?

884 sqft (82.1 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.

What is unit 407 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 407, Fairview Residency

Starts from the last sale price (AED 1.69M, 28 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,685,176
Deposit, UAE resident (20%)
AED 337,035
Deposit, non-resident (40%)
AED 674,070
Monthly over 25 years at 3.7%
AED 6,895

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