701, Fairview Residency
Sold prices and rental history: sold 3 times, last in September 2022, 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 701, Fairview Residency
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 7th of 18
- Parking
- P1-36
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,900 /yr
- Last sold
- AED 760K · September 2022
- Building
- Fairview Residency
About 701, Fairview Residency
701 is a one-bedroom apartment of 851 sqft on the 7th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 26 September 2022 for AED 760,000, or AED 892 per sqft, 3% below the AED 922 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 57,750 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 12,900 a year.
Sales and rents for 701 over time
701 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 701 sits
All 160 1-beds →701 last sold in September 2022 at AED 892 per sqft, 3% below what one-beds in Fairview Residency were fetching at the time (AED 922). 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. 701's AED 57,750 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 7th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 830 sqft | AED 1.5MAED 1,500,825 · Dec 2014December 2014 | 63,000 /yr | |
| 703 | 1-bed | 779 sqft | AED 830KAED 830,351 · Feb 2015February 2015 | 75,000 /yr | |
| 704 | 1-bed | 780 sqft | No registered sale | 80,096 /yr | |
| 705 | 1-bed | 831 sqft | AED 1.5MAED 1,500,825 · Dec 2014December 2014 | 66,680 /yr | |
| 706 | 1-bed | 841 sqft | AED 1.07MAED 1,070,000 · Sep 2023September 2023 | 45,000 /yr | |
| 707 | 1-bed | 883 sqft | AED 1.13MAED 1,125,000 · May 2025May 2025 | 56,000 /yr | |
| 708 | 1-bed | 796 sqft | AED 1.12MAED 1,120,000 · Sep 2026September 2026 | 75,000 /yr | |
| 709 | 1-bed | 796 sqft | AED 915KAED 915,000 · Jan 2024January 2024 | 75,000 /yr | |
| 710 | 1-bed | 870 sqft | AED 1.18MAED 1,179,960 · Sep 2014September 2014 | 65,000 /yr |
701, Fairview Residency in numbers
- Sold 3 times: first on 5 August 2009 for AED 833,943, last on 26 September 2022 for AED 760,000 (AED 892 per sqft).
- Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 57,750 by January 2022.
- At AED 57,750 a year the gross yield on the 2022 price is 7.6%, 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 26 September 2022.
Questions about 701, Fairview Residency
What did unit 701 last sell for?
AED 760,000 on 26 September 2022: AED 892 per sqft for 851 sqft. The unit has 3 registered sales; the first was AED 833,943 in August 2009.
What is the rent for unit 701?
AED 57,750 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 55,000; the unit has been rented since December 2014.
How big is unit 701?
851 sqft (79.1 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2014.
What is unit 701 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 701, Fairview Residency
Starts from the last sale price (AED 760K, 26 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 760,000
- Deposit, UAE resident (20%)
- AED 152,000
- Deposit, non-resident (40%)
- AED 304,000
- Monthly over 25 years at 3.7%
- AED 3,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →