1-bed · 883 sqftFairview Residency, Business Bay · 7th floor · completed 2014

707, Fairview Residency

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 1.13M7 May 2025
Current rentAED 56K /yr17 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Fairview Residency

What is 707 worth today?

Last sold for AED 1,125,000 in 2025

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7 May 2025SoldReady
AED 1,125,000AED 1,274 per sqft
17 Feb 2020RentedRenewal
AED 56,000/yr12 months · AED 63 per sqft
17 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
3 Nov 2014SoldReady
AED 1,253,819AED 1,420 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,730,173AED 1,960 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
7th of 18
Parking
P2-56
Developer
Deyaar
Completed
2014
Service charge
AED 13,300 /yr
Last sold
AED 1.13M · May 2025

About 707, Fairview Residency

707 is a one-bedroom apartment of 883 sqft on the 7th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 7 May 2025 for AED 1,125,000, or AED 1,274 per sqft, 8% below the AED 1,379 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 17 February 2020, is AED 56,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 13,300 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Fairview Residency
01M2M2009201420192024Typical 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, June 2009: AED 1,730,173 (AED 1,960 per sqft)Sold, November 2014: AED 1,253,819 (AED 1,420 per sqft)Sold, May 2025: AED 1,125,000 (AED 1,274 per sqft)

707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707, 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 75,000New contract, February 2019: AED 60,000 a yearRenewal, February 2020: AED 56,000 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 707 sits

All 160 1-beds →

707 last sold in May 2025 at AED 1,274 per sqft, 8% below what one-beds in Fairview Residency were fetching at the time (AED 1,379). 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. 707's AED 56,000 is in the lower half 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 7th floor

All 166 units in Fairview Residency
Value
7011-bedAED 760K · Sep 2022
7021-bedAED 1.5M · Dec 2014
7031-bedAED 830K · Feb 2015
7041-bedNo registered sale
7051-bedAED 1.5M · Dec 2014
7061-bedAED 1.07M · Sep 2023
7081-bedAED 1.12M · Sep 2026
1–7 of 9

707, Fairview Residency in numbers

  • Sold 3 times: first on 7 June 2009 for AED 1,730,173, last on 7 May 2025 for AED 1,125,000 (AED 1,274 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 60,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 13,300 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 7 May 2025.

Questions about 707, Fairview Residency

What did unit 707 last sell for?

AED 1,125,000 on 7 May 2025: AED 1,274 per sqft for 883 sqft. The unit has 3 registered sales; the first was AED 1,730,173 in June 2009.

What is the rent for unit 707?

AED 56,000 a year on the contract renewed on 17 February 2020. The previous contract, from February 2019, was AED 60,000.

How big is unit 707?

883 sqft (82.0 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2014.

What is unit 707 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 707, Fairview Residency

Starts from the last sale price (AED 1.13M, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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