601, Fairview Residency
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Fairview Residency
What is 601 worth today?
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Source: Dubai Land Department. Updated 3 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 6th of 18
- Parking
- P2-46
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.17M · July 2024
- Building
- Fairview Residency
About 601, Fairview Residency
601 is a one-bedroom apartment of 851 sqft on the 6th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 3 July 2024 for AED 1,170,000, or AED 1,374 per sqft, 4% above the AED 1,320 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 18 October 2022, is AED 60,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 12,900 a year.
Sales and rents for 601 over time
601 has sold 3 times; 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 601 sits
All 160 1-beds →601 last sold in July 2024 at AED 1,374 per sqft, 4% above what one-beds in Fairview Residency were fetching at the time (AED 1,320). 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. 601's AED 60,000 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 6th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 830 sqft | AED 875KAED 875,000 · Mar 2019March 2019 | 63,648 /yr | |
| 603 | 1-bed | 779 sqft | AED 825KAED 825,000 · May 2019May 2019 | ||
| 604 | 1-bed | 781 sqft | AED 800KAED 800,000 · Dec 2018December 2018 | 63,000 /yr | |
| 605 | 1-bed | 831 sqft | AED 500KAED 500,000 · Feb 2019February 2019 | 75,000 /yr | |
| 606 | 1-bed | 841 sqft | AED 1.12MAED 1,115,715 · Sep 2014September 2014 | 120,000 /yr | |
| 607 | 1-bed | 883 sqft | AED 1.19MAED 1,187,480 · Sep 2014September 2014 | 75,000 /yr | |
| 608 | 1-bed | 796 sqft | AED 1.15MAED 1,146,349 · Sep 2014September 2014 | 75,000 /yr | |
| 609 | 1-bed | 796 sqft | AED 1.07MAED 1,074,942 · Aug 2014August 2014 | 78,000 /yr | |
| 610 | 1-bed | 870 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | 76,000 /yr |
601, Fairview Residency in numbers
- Sold 3 times: first on 21 October 2014 for AED 1,201,781, last on 3 July 2024 for AED 1,170,000 (AED 1,374 per sqft).
- Rented since April 2015 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2019 and recovered to AED 60,000 by October 2022.
- At AED 60,000 a year the gross yield on the 2024 price is 5.1%, 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 3 July 2024.
Questions about 601, Fairview Residency
What did unit 601 last sell for?
AED 1,170,000 on 3 July 2024: AED 1,374 per sqft for 851 sqft. The unit has 3 registered sales; the first was AED 1,201,781 in October 2014.
What is the rent for unit 601?
AED 60,000 a year on the contract signed on 18 October 2022. The previous contract, from September 2019, was AED 48,000; the unit has been rented since April 2015.
How big is unit 601?
851 sqft (79.1 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.
What is unit 601 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 601, Fairview Residency
Starts from the last sale price (AED 1.17M, 3 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →