1-bed · 781 sqftFairview Residency, Business Bay · 8th floor · completed 2014

804, Fairview Residency

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

Unit 804 · DLD and Ejari recordsUpdated 5 January 2024
Last soldAED 1.42M26 November 2014
Current rentAED 59K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Fairview Residency

What is 804 worth today?

Last sold for AED 1,417,931 in 2014

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5 Jan 2024RentedNew contract
AED 59,305/yr4 months · AED 76 per sqft
5 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft
10 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
28 Feb 2017RentedRenewal
AED 84,000/yr12 months · AED 107 per sqft
28 Feb 2016RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
26 Nov 2014Sold by developerReady
AED 1,417,931AED 1,816 per sqft

Source: Dubai Land Department. Updated 5 January 2024.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
8th of 18
Parking
P3-11
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.42M · November 2014

About 804, Fairview Residency

804 is a one-bedroom apartment of 781 sqft on the 8th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 26 November 2014 for AED 1,417,931, or AED 1,816 per sqft, 27% above the AED 1,426 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 5 January 2024, is AED 59,305 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 11,800 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, November 2014: AED 1,417,931 (AED 1,816 per sqft)

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

Rents
Unit 804, each contractTypical one-bed in Fairview Residency
50K75K2014201820222026Typical 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 2016: AED 80,000 a yearRenewal, February 2017: AED 84,000 a yearNew contract, December 2017: AED 75,000 a yearNew contract, January 2021: AED 45,000 a yearNew contract, January 2024: AED 59,305 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 804 sits

All 160 1-beds →

804 last sold in November 2014 at AED 1,816 per sqft, 27% above what one-beds in Fairview Residency were fetching at the time (AED 1,426). 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. 804's AED 59,305 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 8th floor

All 166 units in Fairview Residency
Value
8011-bedAED 495K · Nov 2019
8021-bedAED 1.5M · Dec 2014
8031-bedAED 1.29M · Jul 2013
8051-bedAED 1.5M · Dec 2014
8061-bedAED 1.15M · Sep 2014
8071-bedAED 1.19M · Sep 2014
8081-bedAED 1.1M · Mar 2015
1–7 of 9

804, Fairview Residency in numbers

  • Sold once: by Deyaar on 26 November 2014 for AED 1,417,931, or AED 1,816 per sqft.
  • Rented since February 2016 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 59,305 by January 2024.
  • At AED 59,305 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 11,800 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 5 January 2024.

Questions about 804, Fairview Residency

What did unit 804 last sell for?

AED 1,417,931 on 26 November 2014, sold by the developer: AED 1,816 per sqft for 781 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 59,305 a year on the contract signed on 5 January 2024. The previous contract, from January 2021, was AED 45,000; the unit has been rented since February 2016.

How big is unit 804?

781 sqft (72.6 sqm): a one-bedroom apartment on the 8th floor of a 18-storey tower completed in 2014.

What is unit 804 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 804, Fairview Residency

Starts from the last sale price (AED 1.42M, 26 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,417,931
Deposit, UAE resident (20%)
AED 283,586
Deposit, non-resident (40%)
AED 567,172
Monthly over 25 years at 3.7%
AED 5,801

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