1-bed · 884 sqftFairview Residency, Business Bay · 5th floor · completed 2014

507, Fairview Residency

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

Unit 507 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 1.2M20 October 2014
Current rentAED 70K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Fairview Residency

What is 507 worth today?

Last sold for AED 1,202,604 in 2014

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31 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
16 Jul 2025RentedRenewal
AED 78,750/yr12 months · AED 89 per sqft
16 Jul 2025RentedRenewal
AED 78,750/yr12 months · AED 89 per sqft
16 Jul 2024RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
16 Jul 2023RentedRenewal
AED 65,000/yr12 months · AED 74 per sqft
16 Jul 2022RentedRenewal
AED 57,000/yr12 months · AED 65 per sqft
16 Jul 2021RentedRenewal
AED 47,000/yr12 months · AED 53 per sqft
16 Jul 2020RentedNew contract
AED 42,500/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
5th of 18
Parking
P1-28
Developer
Deyaar
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.2M · October 2014

About 507, Fairview Residency

507 is a one-bedroom apartment of 884 sqft on the 5th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 20 October 2014 for AED 1,202,604, or AED 1,360 per sqft, 5% below the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 31 August 2026, is AED 70,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 13,400 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Fairview Residency
01M2M2009201420192024Typical 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, June 2009: AED 1,721,043 (AED 1,947 per sqft)Sold, October 2014: AED 1,202,604 (AED 1,360 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Fairview Residency
50K75K2014201820222026Typical 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 2014: AED 75,000 a yearRenewal, September 2015: AED 78,750 a yearNew contract, January 2018: AED 69,806 a yearNew contract, July 2020: AED 42,500 a yearRenewal, July 2021: AED 47,000 a yearRenewal, July 2022: AED 57,000 a yearRenewal, July 2023: AED 65,000 a yearRenewal, July 2024: AED 75,000 a yearRenewal, July 2025: AED 78,750 a yearRenewal, July 2025: AED 78,750 a yearNew contract, August 2026: AED 70,000 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 507 sits

All 160 1-beds →

507 last sold in October 2014 at AED 1,360 per sqft, 5% 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. 507's AED 70,000 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
5011-bedAED 1.05M · Sep 2014
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
5081-bedAED 1.14M · Sep 2014
1–7 of 9

507, Fairview Residency in numbers

  • Sold twice: first on 7 June 2009 for AED 1,721,043, last on 20 October 2014 for AED 1,202,604 (AED 1,360 per sqft).
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 42,500 in 2020 and recovered to AED 70,000 by August 2026.
  • At AED 70,000 a year the gross yield on the 2014 price is 5.8%, 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 31 August 2026.

Questions about 507, Fairview Residency

What did unit 507 last sell for?

AED 1,202,604 on 20 October 2014: AED 1,360 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 1,721,043 in June 2009.

What is the rent for unit 507?

AED 70,000 a year on the contract signed on 31 August 2026. The previous contract, from July 2025, was AED 78,750; the unit has been rented since September 2014.

How big is unit 507?

884 sqft (82.1 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.

What is unit 507 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 507, Fairview Residency

Starts from the last sale price (AED 1.2M, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,202,604
Deposit, UAE resident (20%)
AED 240,521
Deposit, non-resident (40%)
AED 481,042
Monthly over 25 years at 3.7%
AED 4,920

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