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1-bed · 796 sqftFairview Residency, Business Bay · 8th floor · completed 2014

809, Fairview Residency

Sold prices and rental history: sold twice, last in February 2023, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 17 February 2023
Last soldAED 775K17 February 2023
Current rentAED 80K /yr1 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 809, Fairview Residency

What is 809 worth today?

Last sold for AED 775,000 in 2023

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17 Feb 2023SoldReady
AED 775,000AED 973 per sqft
1 Aug 2014RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
23 Mar 2014Sold by developerOff-plan
AED 1,294,112AED 1,625 per sqft

Source: Dubai Land Department. Updated 17 February 2023.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
8th of 18
Parking
P1-39
Developer
Deyaar
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 775K · February 2023
Building
Fairview Residency

About 809, Fairview Residency

809 is a one-bedroom apartment of 796 sqft on the 8th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 17 February 2023 for AED 775,000, or AED 973 per sqft, 6% above the AED 922 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2014. The current contract, signed on 1 August 2014, is AED 80,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 12,000 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, March 2014: AED 1,294,112 (AED 1,625 per sqft)Sold, February 2023: AED 775,000 (AED 973 per sqft)

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

Rents
Unit 809, 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, August 2014: AED 80,000 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 809 sits

All 160 1-beds →

809 last sold in February 2023 at AED 973 per sqft, 6% above 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. 809's AED 80,000 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 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
8051-bedAED 1.5M · Dec 2014
8061-bedAED 1.15M · Sep 2014
8071-bedAED 1.19M · Sep 2014
1–7 of 9

809, Fairview Residency in numbers

  • Sold twice: first on 23 March 2014 for AED 1,294,112, last on 17 February 2023 for AED 775,000 (AED 973 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 12,000 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 17 February 2023.

Questions about 809, Fairview Residency

What did unit 809 last sell for?

AED 775,000 on 17 February 2023: AED 973 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 1,294,112 in March 2014.

What is the rent for unit 809?

AED 80,000 a year on the contract signed on 1 August 2014.

How big is unit 809?

796 sqft (74.0 sqm): a one-bedroom apartment on the 8th floor of a 18-storey tower completed in 2014.

What is unit 809 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 809, Fairview Residency

Starts from the last sale price (AED 775K, 17 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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