1-bed · 831 sqftFairview Residency, Business Bay · 8th floor · completed 2014

805, Fairview Residency

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

Unit 805 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.5M18 December 2014
Current rentAED 64K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Fairview Residency

What is 805 worth today?

Last sold for AED 1,500,825 in 2014

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25 Jun 2024RentedRenewal
AED 64,130/yr12 months · AED 77 per sqft
25 Jun 2023RentedRenewal
AED 61,600/yr12 months · AED 74 per sqft
25 Jun 2022RentedNew contract
AED 56,000/yr12 months · AED 68 per sqft
18 Dec 2014Sold by developerReady
AED 1,500,825AED 1,806 per sqft
24 Oct 2014RentedNew contract
AED 89,519/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
8th of 18
Parking
P3-5
Developer
Deyaar
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 1.5M · December 2014

About 805, Fairview Residency

805 is a one-bedroom apartment of 831 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 18 December 2014 for AED 1,500,825, or AED 1,806 per sqft, 26% above the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 64,130 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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, December 2014: AED 1,500,825 (AED 1,806 per sqft)

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

Rents
Unit 805, 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, October 2014: AED 89,519 a yearNew contract, June 2022: AED 56,000 a yearRenewal, June 2023: AED 61,600 a yearRenewal, June 2024: AED 64,130 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 805 sits

All 160 1-beds →

805 last sold in December 2014 at AED 1,806 per sqft, 26% above 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. 805's AED 64,130 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
8041-bedAED 1.42M · Nov 2014
8061-bedAED 1.15M · Sep 2014
8071-bedAED 1.19M · Sep 2014
8081-bedAED 1.1M · Mar 2015
1–7 of 9

805, Fairview Residency in numbers

  • Sold once: by Deyaar on 18 December 2014 for AED 1,500,825, or AED 1,806 per sqft.
  • Rented since October 2014 on 4 Ejari contracts. The rent fell from AED 89,519 to AED 56,000 in 2022 and recovered to AED 64,130 by June 2024.
  • At AED 64,130 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 12,600 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 25 June 2024.

Questions about 805, Fairview Residency

What did unit 805 last sell for?

AED 1,500,825 on 18 December 2014, sold by the developer: AED 1,806 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit 805?

AED 64,130 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 61,600; the unit has been rented since October 2014.

How big is unit 805?

831 sqft (77.2 sqm): a one-bedroom apartment on the 8th floor of a 18-storey tower completed in 2014.

What is unit 805 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 805, Fairview Residency

Starts from the last sale price (AED 1.5M, 18 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,825
Deposit, UAE resident (20%)
AED 300,165
Deposit, non-resident (40%)
AED 600,330
Monthly over 25 years at 3.7%
AED 6,140

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