1-bed · 779 sqftFairview Residency, Business Bay · 9th floor · completed 2014

903, Fairview Residency

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.36M25 March 2014
Current rentAED 70K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Fairview Residency

What is 903 worth today?

Last sold for AED 1,362,095 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
1 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
10 Apr 2019RentedRenewal
AED 82,000/yr12 months · AED 105 per sqft
1 Nov 2018RentedNew contract
AED 92,830/yr5 months · AED 119 per sqft
10 Oct 2017RentedNew contract
AED 82,000/yr12 months · AED 106 per sqft
25 Mar 2014SoldOff-plan
AED 1,362,095AED 1,747 per sqft
5 Dec 2013Sold by developerOff-plan
AED 1,266,991AED 1,625 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
9th of 18
Parking
P3-15
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.36M · March 2014

About 903, Fairview Residency

903 is a one-bedroom apartment of 779 sqft on the 9th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 25 March 2014 for AED 1,362,095, or AED 1,747 per sqft, 22% above the AED 1,436 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 September 2022, is AED 70,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 11,800 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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 2013: AED 1,266,991 (AED 1,625 per sqft)Sold, March 2014: AED 1,362,095 (AED 1,747 per sqft)

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

Rents
Unit 903, each contractTypical one-bed in Fairview Residency
50K75K100K2014201820222026Typical 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 2017: AED 82,000 a yearNew contract, November 2018: AED 92,830 a yearRenewal, April 2019: AED 82,000 a yearNew contract, September 2020: AED 55,000 a yearNew contract, September 2022: AED 70,000 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 903 sits

All 160 1-beds →

903 last sold in March 2014 at AED 1,747 per sqft, 22% above what one-beds in Fairview Residency were fetching at the time (AED 1,436). 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. 903's AED 70,000 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 9th floor

All 166 units in Fairview Residency
Value
9011-bedAED 1.33M · Nov 2014
9021-bedAED 1.05M · Mar 2019
9041-bedAED 1.4M · Aug 2014
9051-bedAED 1.15M · Jun 2024
9061-bedAED 1.31M · Sep 2014
9071-bedAED 1.13M · Aug 2024
9081-bedAED 1.25M · May 2016
1–7 of 9

903, Fairview Residency in numbers

  • Sold twice: first on 5 December 2013 for AED 1,266,991, last on 25 March 2014 for AED 1,362,095 (AED 1,747 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 82,000 to AED 55,000 in 2020 and recovered to AED 70,000 by September 2022.
  • At AED 70,000 a year the gross yield on the 2014 price is 5.1%, 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 1 September 2022.

Questions about 903, Fairview Residency

What did unit 903 last sell for?

AED 1,362,095 on 25 March 2014: AED 1,747 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 1,266,991 in December 2013.

What is the rent for unit 903?

AED 70,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2020, was AED 55,000; the unit has been rented since October 2017.

How big is unit 903?

779 sqft (72.4 sqm): a one-bedroom apartment on the 9th floor of a 18-storey tower completed in 2014.

What is unit 903 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.

Selling 903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 903, Fairview Residency

Starts from the last sale price (AED 1.36M, 25 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,095
Deposit, UAE resident (20%)
AED 272,419
Deposit, non-resident (40%)
AED 544,838
Monthly over 25 years at 3.7%
AED 5,573

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