706, Fairview Residency
Sold prices and rental history: sold twice, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Fairview Residency
What is 706 worth today?
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Source: Dubai Land Department. Updated 21 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 7th of 18
- Parking
- P3-8
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.07M · September 2023
- Building
- Fairview Residency
About 706, Fairview Residency
706 is a one-bedroom apartment of 841 sqft on the 7th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 21 September 2023 for AED 1,070,000, or AED 1,272 per sqft, in line with the AED 1,262 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 25 August 2020, is AED 45,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 706 over time
706 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 706 sits
All 160 1-beds →706 last sold in September 2023 at AED 1,272 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,262). 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. 706's AED 45,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 851 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | 57,750 /yr | |
| 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 | |
| 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 |
706, Fairview Residency in numbers
- Sold twice: first on 8 September 2014 for AED 1,115,715, last on 21 September 2023 for AED 1,070,000 (AED 1,272 per sqft).
- Rented since October 2017 on 3 Ejari contracts, from AED 75,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2023 price is 4.2%, 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 21 September 2023.
Questions about 706, Fairview Residency
What did unit 706 last sell for?
AED 1,070,000 on 21 September 2023: AED 1,272 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,115,715 in September 2014.
What is the rent for unit 706?
AED 45,000 a year on the contract signed on 25 August 2020. The previous contract, from October 2018, was AED 72,000; the unit has been rented since October 2017.
How big is unit 706?
841 sqft (78.1 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2014.
What is unit 706 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 706, Fairview Residency
Starts from the last sale price (AED 1.07M, 21 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →