1-bed · 779 sqftFairview Residency, Business Bay · 6th floor · completed 2014

603, Fairview Residency

Sold prices and rental history: sold twice, last in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 26 May 2019
Last soldAED 825K26 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Fairview Residency

What is 603 worth today?

Last sold for AED 825,000 in 2019

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26 May 2019SoldReady
AED 825,000AED 1,058 per sqft
8 Dec 2014Sold by developerReady
AED 1,300,086AED 1,668 per sqft

Source: Dubai Land Department. Updated 26 May 2019.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
6th of 18
Parking
P2-48
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 825K · May 2019

About 603, Fairview Residency

603 is a one-bedroom apartment of 779 sqft on the 6th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 26 May 2019 for AED 825,000, or AED 1,058 per sqft, 3% above the AED 1,024 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, 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, December 2014: AED 1,300,086 (AED 1,668 per sqft)Sold, May 2019: AED 825,000 (AED 1,058 per sqft)

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

Rents
Unit 603, 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 75,000

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 603 sits

All 160 1-beds →

603 last sold in May 2019 at AED 1,058 per sqft, 3% above what one-beds in Fairview Residency were fetching at the time (AED 1,024). 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.

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 6th floor

All 166 units in Fairview Residency
Value
6011-bedAED 1.17M · Jul 2024
6021-bedAED 875K · Mar 2019
6041-bedAED 800K · Dec 2018
6051-bedAED 500K · Feb 2019
6061-bedAED 1.12M · Sep 2014
6071-bedAED 1.19M · Sep 2014
6081-bedAED 1.15M · Sep 2014
1–7 of 9

603, Fairview Residency in numbers

  • Sold twice: first on 8 December 2014 for AED 1,300,086, last on 26 May 2019 for AED 825,000 (AED 1,058 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 26 May 2019.

Questions about 603, Fairview Residency

What did unit 603 last sell for?

AED 825,000 on 26 May 2019: AED 1,058 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 1,300,086 in December 2014.

How big is unit 603?

779 sqft (72.4 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.

What is unit 603 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 603, Fairview Residency

Starts from the last sale price (AED 825K, 26 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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