408, Fairview Residency
Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Fairview Residency
What is 408 worth today?
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Source: Dubai Land Department. Updated 16 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 4th of 18
- Parking
- P2-42
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.24M · August 2014
- Building
- Fairview Residency
About 408, Fairview Residency
408 is a one-bedroom apartment of 796 sqft on the 4th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 20 August 2014 for AED 1,240,000, or AED 1,557 per sqft, 8% above the AED 1,439 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 16 October 2025, is AED 81,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 12,000 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 160 1-beds →408 last sold in August 2014 at AED 1,557 per sqft, 8% above what one-beds in Fairview Residency were fetching at the time (AED 1,439). 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. 408's AED 81,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 796 sqft | 1,120,000 | 1,406 | ||
| 17 Aug 202617 August 2026 | 796 sqft | 1,150,000 | 1,444 | ||
| 4 Aug 20264 August 2026 | 841 sqft | 1,050,000 | 1,249 | ||
| 16 Jul 202616 July 2026 | 852 sqft | 1,100,000 | 1,291 |
Fairview Residency
Building166 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%
Other units on the 4th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 852 sqft | AED 1.08MAED 1,075,000 · Oct 2025October 2025 | 77,000 /yr | |
| 402 | 1-bed | 831 sqft | AED 1.13MAED 1,128,489 · Sep 2014September 2014 | 79,000 /yr | |
| 403 | 1-bed | 779 sqft | AED 1.39MAED 1,390,000 · Mar 2015March 2015 | 90,000 /yr | |
| 404 | 1-bed | 781 sqft | AED 1.52MAED 1,520,500 · Nov 2014November 2014 | 80,000 /yr | |
| 405 | 1-bed | 831 sqft | AED 1.13MAED 1,131,171 · Aug 2014August 2014 | 80,000 /yr | |
| 406 | 1-bed | 841 sqft | AED 1.28MAED 1,275,000 · Sep 2015September 2015 | ||
| 407 | 1-bed | 884 sqft | AED 1.69MAED 1,685,176 · Sep 2014September 2014 | 75,000 /yr | |
| 409 | 1-bed | 796 sqft | AED 1.15MAED 1,152,349 · Oct 2014October 2014 | 68,000 /yr | |
| 410 | 1-bed | 871 sqft | AED 1.23MAED 1,233,451 · Oct 2014October 2014 | 75,000 /yr |
408, Fairview Residency in numbers
- Sold twice: first on 17 August 2014 for AED 1,069,084, last on 20 August 2014 for AED 1,240,000 (AED 1,557 per sqft).
- Rented since September 2014 on 13 Ejari contracts. The rent fell from AED 85,109 to AED 45,000 in 2021 and recovered to AED 81,000 by October 2025.
- At AED 81,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 12,000 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 16 October 2025.
Questions about 408, Fairview Residency
What did unit 408 last sell for?
AED 1,240,000 on 20 August 2014: AED 1,557 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 1,069,084 in August 2014.
What is the rent for unit 408?
AED 81,000 a year on the contract signed on 16 October 2025. The previous contract, from June 2025, was AED 85,000; the unit has been rented since September 2014.
How big is unit 408?
796 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.
What is unit 408 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 408, Fairview Residency
Starts from the last sale price (AED 1.24M, 20 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,000
- Deposit, UAE resident (20%)
- AED 248,000
- Deposit, non-resident (40%)
- AED 496,000
- Monthly over 25 years at 3.7%
- AED 5,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →