508, Fairview Residency
Sold prices and rental history: sold twice, last in September 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 508, Fairview Residency
What is 508 worth today?
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Source: Dubai Land Department. Updated 12 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 5th of 18
- Parking
- P2-5
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.14M · September 2014
- Building
- Fairview Residency
About 508, Fairview Residency
508 is a one-bedroom apartment of 796 sqft on the 5th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 3 September 2014 for AED 1,142,423, or AED 1,434 per sqft, in line with 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, renewed on 12 June 2026, is AED 75,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 12,000 a year.
Sales and rents for 508 over time
508 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 508 sits
All 160 1-beds →508 last sold in September 2014 at AED 1,434 per sqft, in line with 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. 508's AED 75,000 is in the lower 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 5th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 852 sqft | AED 1.05MAED 1,047,728 · Sep 2014September 2014 | 80,000 /yr | |
| 502 | 1-bed | 831 sqft | AED 1.05MAED 1,050,000 · Jun 2023June 2023 | 110,000 /yr | |
| 503 | 1-bed | 779 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | 69,300 /yr | |
| 504 | 1-bed | 780 sqft | AED 1.33MAED 1,325,000 · Jan 2025January 2025 | 92,000 /yr | |
| 505 | 1-bed | 831 sqft | AED 1.29MAED 1,290,000 · Sep 2016September 2016 | 80,000 /yr | |
| 506 | 1-bed | 841 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 53,000 /yr | |
| 507 | 1-bed | 884 sqft | AED 1.2MAED 1,202,604 · Oct 2014October 2014 | 70,000 /yr | |
| 509 | 1-bed | 796 sqft | AED 1.14MAED 1,142,423 · Sep 2014September 2014 | 75,000 /yr | |
| 510 | 1-bed | 871 sqft | AED 1.18MAED 1,175,694 · Sep 2014September 2014 | 72,522 /yr |
508, Fairview Residency in numbers
- Sold twice: first on 2 March 2014 for AED 1,142,423, last on 3 September 2014 for AED 1,142,423 (AED 1,434 per sqft).
- Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 87,500 to AED 40,000 in 2021 and recovered to AED 75,000 by June 2026.
- At AED 75,000 a year the gross yield on the 2014 price is 6.6%, 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 12 June 2026.
Questions about 508, Fairview Residency
What did unit 508 last sell for?
AED 1,142,423 on 3 September 2014: AED 1,434 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 1,142,423 in March 2014.
What is the rent for unit 508?
AED 75,000 a year on the contract renewed on 12 June 2026. The previous contract, from June 2025, was AED 75,000; the unit has been rented since October 2014.
How big is unit 508?
796 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.
What is unit 508 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 508, Fairview Residency
Starts from the last sale price (AED 1.14M, 3 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,142,423
- Deposit, UAE resident (20%)
- AED 228,485
- Deposit, non-resident (40%)
- AED 456,969
- Monthly over 25 years at 3.7%
- AED 4,674
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →