1-bed · 780 sqftFairview Residency, Business Bay · 5th floor · completed 2014

504, Fairview Residency

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 1.33M9 January 2025
Current rentAED 92K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Fairview Residency

What is 504 worth today?

Last sold for AED 1,325,000 in 2025

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9 Jan 2025SoldReady
AED 1,325,000AED 1,697 per sqft
1 Jan 2024RentedNew contract
AED 92,000/yr12 months · AED 118 per sqft
10 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft
10 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
10 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
10 Oct 2019RentedRenewal
AED 70,000/yr12 months · AED 89 per sqft
10 Oct 2018RentedRenewal
AED 70,000/yr12 months · AED 89 per sqft
10 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
5th of 18
Parking
P1-25
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.33M · January 2025

About 504, Fairview Residency

504 is a one-bedroom apartment of 780 sqft on the 5th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 9 January 2025 for AED 1,325,000, or AED 1,697 per sqft, 25% above the AED 1,361 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 January 2024, is AED 92,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 11,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, October 2009: AED 541,180 (AED 693 per sqft)Sold, August 2014: AED 571,180 (AED 731 per sqft)Sold, January 2017: AED 1,250,000 (AED 1,601 per sqft)Sold, January 2025: AED 1,325,000 (AED 1,697 per sqft)

504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, 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, September 2016: AED 85,000 a yearNew contract, October 2017: AED 85,000 a yearRenewal, October 2018: AED 70,000 a yearRenewal, October 2019: AED 70,000 a yearNew contract, November 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearNew contract, November 2022: AED 55,000 a yearNew contract, January 2024: AED 92,000 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 504 sits

All 160 1-beds →

504 last sold in January 2025 at AED 1,697 per sqft, 25% above what one-beds in Fairview Residency were fetching at the time (AED 1,361). 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. 504's AED 92,000 is in the upper 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
5011-bedAED 1.05M · Sep 2014
5021-bedAED 1.05M · Jun 2023
5031-bedAED 1.3M · Dec 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

504, Fairview Residency in numbers

  • Sold 4 times: first on 18 October 2009 for AED 541,180, last on 9 January 2025 for AED 1,325,000 (AED 1,697 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 92,000 by January 2024.
  • At AED 92,000 a year the gross yield on the 2025 price is 6.9%, 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 9 January 2025.

Questions about 504, Fairview Residency

What did unit 504 last sell for?

AED 1,325,000 on 9 January 2025: AED 1,697 per sqft for 780 sqft. The unit has 4 registered sales; the first was AED 541,180 in October 2009.

What is the rent for unit 504?

AED 92,000 a year on the contract signed on 1 January 2024. The previous contract, from November 2022, was AED 55,000; the unit has been rented since September 2016.

How big is unit 504?

780 sqft (72.5 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.

What is unit 504 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 504, Fairview Residency

Starts from the last sale price (AED 1.33M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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