602, Fairview Residency
Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Fairview Residency
What is 602 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 830 sqft
- Floor
- 6th of 18
- Parking
- P2-47
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,500 /yr
- Last sold
- AED 875K · March 2019
- Building
- Fairview Residency
About 602, Fairview Residency
602 is a one-bedroom apartment of 830 sqft on the 6th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 24 March 2019 for AED 875,000, or AED 1,053 per sqft, 7% above the AED 980 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 31 October 2024, is AED 63,648 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 12,500 a year.
Sales and rents for 602 over time
602 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 602 sits
All 160 1-beds →602 last sold in March 2019 at AED 1,053 per sqft, 7% above what one-beds in Fairview Residency were fetching at the time (AED 980). 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. 602's AED 63,648 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 | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 851 sqft | AED 1.17MAED 1,170,000 · Jul 2024July 2024 | 60,000 /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 |
602, Fairview Residency in numbers
- Sold twice: first on 8 December 2014 for AED 1,345,216, last on 24 March 2019 for AED 875,000 (AED 1,053 per sqft).
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 53,000 in 2020 and recovered to AED 63,648 by October 2024.
- At AED 63,648 a year the gross yield on the 2019 price is 7.3%, before a service charge of about AED 12,500 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 October 2024.
Questions about 602, Fairview Residency
What did unit 602 last sell for?
AED 875,000 on 24 March 2019: AED 1,053 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,345,216 in December 2014.
What is the rent for unit 602?
AED 63,648 a year on the contract renewed on 31 October 2024. The previous contract, from October 2023, was AED 65,130; the unit has been rented since August 2018.
How big is unit 602?
830 sqft (77.1 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.
What is unit 602 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 602, Fairview Residency
Starts from the last sale price (AED 875K, 24 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →