1-bed · 852 sqftFairview Residency, Business Bay · 5th floor · completed 2014

501, Fairview Residency

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 1.05M8 September 2014
Current rentAED 80K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Fairview Residency

What is 501 worth today?

Last sold for AED 1,047,728 in 2014

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25 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
25 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
30 Sep 2024RentedNew contract
AED 72,000/yr12 months · AED 85 per sqft
3 Jan 2024RentedRenewal
AED 90,000/yr6 months · AED 106 per sqft
3 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
7 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
18 Feb 2021RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft
10 Nov 2019RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
5th of 18
Parking
P2-44
Developer
Deyaar
Completed
2014
Service charge
AED 12,900 /yr
Last sold
AED 1.05M · September 2014

About 501, Fairview Residency

501 is a one-bedroom apartment of 852 sqft on the 5th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 8 September 2014 for AED 1,047,728, or AED 1,230 per sqft, 14% below the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 25 October 2025, is AED 80,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 12,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 1,047,728 (AED 1,230 per sqft)Sold, September 2014: AED 1,047,728 (AED 1,230 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Fairview Residency
40K60K80K2014201820222026Typical 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, September 2015: AED 85,000 a yearNew contract, October 2017: AED 80,000 a yearNew contract, November 2018: AED 66,000 a yearRenewal, November 2019: AED 55,000 a yearNew contract, February 2021: AED 46,000 a yearNew contract, December 2021: AED 55,000 a yearNew contract, January 2023: AED 75,000 a yearRenewal, January 2024: AED 90,000 a yearNew contract, September 2024: AED 72,000 a yearNew contract, October 2025: AED 80,000 a yearNew contract, October 2025: AED 80,000 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 501 sits

All 160 1-beds →

501 last sold in September 2014 at AED 1,230 per sqft, 14% below 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. 501's AED 80,000 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 5th floor

All 166 units in Fairview Residency
Value
5021-bedAED 1.05M · Jun 2023
5031-bedAED 1.3M · Dec 2025
5041-bedAED 1.33M · Jan 2025
5051-bedAED 1.29M · Sep 2016
5061-bedAED 1.05M · Aug 2024
5071-bedAED 1.2M · Oct 2014
5081-bedAED 1.14M · Sep 2014
1–7 of 9

501, Fairview Residency in numbers

  • Sold twice: first on 9 July 2013 for AED 1,047,728, last on 8 September 2014 for AED 1,047,728 (AED 1,230 per sqft).
  • Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 46,000 in 2021 and recovered to AED 80,000 by October 2025.
  • At AED 80,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 12,900 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 25 October 2025.

Questions about 501, Fairview Residency

What did unit 501 last sell for?

AED 1,047,728 on 8 September 2014: AED 1,230 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 1,047,728 in July 2013.

What is the rent for unit 501?

AED 80,000 a year on the contract signed on 25 October 2025. The previous contract, from October 2025, was AED 80,000; the unit has been rented since September 2015.

How big is unit 501?

852 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.

What is unit 501 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 501, Fairview Residency

Starts from the last sale price (AED 1.05M, 8 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,728
Deposit, UAE resident (20%)
AED 209,546
Deposit, non-resident (40%)
AED 419,091
Monthly over 25 years at 3.7%
AED 4,287

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