1-bed · 883 sqftFairview Residency, Business Bay · 9th floor · completed 2014

907, Fairview Residency

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.13M8 August 2024
Current rentAED 55K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Fairview Residency

What is 907 worth today?

Last sold for AED 1,130,000 in 2024

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8 Aug 2024SoldReady
AED 1,130,000AED 1,280 per sqft
1 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
1 Aug 2020RentedRenewal
AED 66,000/yr12 months · AED 75 per sqft
1 Aug 2019RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
1 Aug 2018RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
1 Aug 2017RentedRenewal
AED 90,000/yr12 months · AED 102 per sqft
1 Aug 2016RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
1 Aug 2015RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
9th of 18
Parking
P3-21
Developer
Deyaar
Completed
2014
Service charge
AED 13,300 /yr
Last sold
AED 1.13M · August 2024

About 907, Fairview Residency

907 is a one-bedroom apartment of 883 sqft on the 9th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 8 August 2024 for AED 1,130,000, or AED 1,280 per sqft, in line with the AED 1,318 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 55,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 13,300 a year.

Sales and rents for 907 over time

Sales
Unit 907, 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, August 2014: AED 679,373 (AED 769 per sqft)Sold by developer, August 2014: AED 1,130,435 (AED 1,280 per sqft)Sold, August 2024: AED 1,130,000 (AED 1,280 per sqft)

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

Rents
Unit 907, 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 2015: AED 90,000 a yearNew contract, August 2016: AED 90,000 a yearRenewal, August 2017: AED 90,000 a yearRenewal, August 2018: AED 80,000 a yearRenewal, August 2019: AED 80,000 a yearRenewal, August 2020: AED 66,000 a yearRenewal, August 2021: AED 55,000 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 907 sits

All 160 1-beds →

907 last sold in August 2024 at AED 1,280 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,318). 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. 907's AED 55,000 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
9031-bedAED 1.36M · Mar 2014
9041-bedAED 1.4M · Aug 2014
9051-bedAED 1.15M · Jun 2024
9061-bedAED 1.31M · Sep 2014
9081-bedAED 1.25M · May 2016
1–7 of 9

907, Fairview Residency in numbers

  • Sold 3 times: first on 4 August 2014 for AED 1,130,435, last on 8 August 2024 for AED 1,130,000 (AED 1,280 per sqft).
  • Rented since August 2015 on 7 Ejari contracts, from AED 90,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 4.9%, 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 8 August 2024.

Questions about 907, Fairview Residency

What did unit 907 last sell for?

AED 1,130,000 on 8 August 2024: AED 1,280 per sqft for 883 sqft. The unit has 3 registered sales; the first was AED 1,130,435 in August 2014.

What is the rent for unit 907?

AED 55,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 66,000; the unit has been rented since August 2015.

How big is unit 907?

883 sqft (82.0 sqm): a one-bedroom apartment on the 9th floor of a 18-storey tower completed in 2014.

What is unit 907 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 907, Fairview Residency

Starts from the last sale price (AED 1.13M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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