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1-bed · 841 sqftFairview Residency, Business Bay · 6th floor · completed 2014

606, Fairview Residency

Sold prices and rental history: sold once, by the developer in September 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 1 March 2017
Last soldAED 1.12M3 September 2014
Current rentAED 120K /yr1 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 606, Fairview Residency

What is 606 worth today?

Last sold for AED 1,115,715 in 2014

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1 Mar 2017RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
29 Sep 2016RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
3 Sep 2014Sold by developerReady
AED 1,115,715AED 1,327 per sqft

Source: Dubai Land Department. Updated 1 March 2017.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
6th of 18
Parking
P2-55
Developer
Deyaar
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 1.12M · September 2014
Building
Fairview Residency

About 606, Fairview Residency

606 is a one-bedroom apartment of 841 sqft on the 6th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 3 September 2014 for AED 1,115,715, or AED 1,327 per sqft, 7% below the AED 1,434 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 March 2017, is AED 120,000 a year: a gross yield of 10.8% on the 2014 price, before the service charge of about AED 12,700 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, September 2014: AED 1,115,715 (AED 1,327 per sqft)

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

Rents
Unit 606, each contractTypical one-bed in Fairview Residency
50K100K2014201820222026Typical 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 2016: AED 120,000 a yearNew contract, March 2017: AED 120,000 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 606 sits

All 160 1-beds →

606 last sold in September 2014 at AED 1,327 per sqft, 7% 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. 606's AED 120,000 is at the top 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 6th floor

All 166 units in Fairview Residency
Value
6011-bedAED 1.17M · Jul 2024
6021-bedAED 875K · Mar 2019
6031-bedAED 825K · May 2019
6041-bedAED 800K · Dec 2018
6051-bedAED 500K · Feb 2019
6071-bedAED 1.19M · Sep 2014
6081-bedAED 1.15M · Sep 2014
1–7 of 9

606, Fairview Residency in numbers

  • Sold once: by Deyaar on 3 September 2014 for AED 1,115,715, or AED 1,327 per sqft.
  • Rented since September 2016 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 10.8%, before a service charge of about AED 12,700 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 1 March 2017.

Questions about 606, Fairview Residency

What did unit 606 last sell for?

AED 1,115,715 on 3 September 2014, sold by the developer: AED 1,327 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 120,000 a year on the contract signed on 1 March 2017. The previous contract, from September 2016, was AED 120,000.

How big is unit 606?

841 sqft (78.1 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.

What is unit 606 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 606, Fairview Residency

Starts from the last sale price (AED 1.12M, 3 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,115,715
Deposit, UAE resident (20%)
AED 223,143
Deposit, non-resident (40%)
AED 446,286
Monthly over 25 years at 3.7%
AED 4,565

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