1001, Al Fairooz Tower
Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Al Fairooz Tower
What is 1001 worth today?
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Source: Dubai Land Department. Updated 5 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,351 sqft
- Floor
- 10th of 20
- Parking
- 171 , 175
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 34,500 /yr
- Last sold
- AED 5.2M · December 2023
- Building
- Al Fairooz Tower
About 1001, Al Fairooz Tower
1001 is a three-bedroom apartment of 2,351 sqft on the 10th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 5 December 2023 for AED 5,200,000, or AED 2,211 per sqft, 49% above the AED 1,488 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 235,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 34,500 a year.
Sales and rents for 1001 over time
1001 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Fairooz Tower, and where 1001 sits
All 66 3-beds →1001 last sold in December 2023 at AED 2,211 per sqft, 49% above what three-beds in Al Fairooz Tower were fetching at the time (AED 1,488). Over the last 12 months three-beds sold for AED 5,100,000 to 12,100,000, around AED 2,132 per sqft, and rent for AED 175,000 to 714,000 a year. 1001's AED 235,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 2,399 sqft | 6,950,000 | 2,897 | ||
| 12 Jun 202612 June 2026 | 4,326 sqft | 12,100,000 | 2,797 | ||
| 26 Feb 202626 February 2026 | 2,439 sqft | 5,100,000 | 2,091 | ||
| 21 Jan 202621 January 2026 | 2,439 sqft | 5,200,000 | 2,132 |
Al Fairooz Tower
Building108 apartments, 2-bed to 5-bed over 20 floors in Dubai Marina, completed in 2004 by Emaar. 9 sold in the last 12 months.
- Typical price per sqft
- AED 2,070
- Typical sale
- AED 5.5M
- Typical rent
- AED 226K /yr
- Typical yield
- 5.2%
Other units on the 10th floor
All 108 units in Al Fairooz Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,522 sqft | AED 2.8MAED 2,800,000 · Dec 2014December 2014 | 220,000 /yr | |
| 1003 | 3-bed | 2,439 sqft | AED 5.2MAED 5,200,000 · Jan 2026January 2026 | 270,000 /yr | |
| 1004 | 3-bed | 2,439 sqft | AED 2.95MAED 2,950,000 · Oct 2018October 2018 | 229,900 /yr | |
| 1005 | 3-bed | 1,522 sqft | AED 2.8MAED 2,800,000 · Mar 2018March 2018 | 219,000 /yr | |
| 1006 | 3-bed | 2,351 sqft | AED 2.63MAED 2,625,000 · Feb 2009February 2009 |
1001, Al Fairooz Tower in numbers
- Sold 4 times: first on 1 August 2010 for AED 1,312,500, last on 5 December 2023 for AED 5,200,000 (AED 2,211 per sqft).
- Rented since July 2019 on 5 Ejari contracts, from AED 200,000 to AED 235,000 a year.
- At AED 235,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 34,500 a year (AED 14.69 per sqft).
- Three-beds in Al Fairooz Tower sold for AED 5,100,000–12,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,070 per sqft.
Source: Dubai Land Department. Updated 5 December 2023.
Questions about 1001, Al Fairooz Tower
What did unit 1001 last sell for?
AED 5,200,000 on 5 December 2023: AED 2,211 per sqft for 2,351 sqft. The unit has 4 registered sales; the first was AED 1,312,500 in August 2010.
What is the rent for unit 1001?
AED 235,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 235,000; the unit has been rented since July 2019.
How big is unit 1001?
2,351 sqft (218.4 sqm): a three-bedroom apartment on the 10th floor of a 20-storey tower completed in 2004.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Fairooz Tower sold for AED 5,100,000 to 12,100,000 in the last 12 months, around AED 2,132 per sqft.
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Mortgage on 1001, Al Fairooz Tower
Starts from the last sale price (AED 5.2M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,200,000
- Deposit, UAE resident (20%)
- AED 1,040,000
- Deposit, non-resident (40%)
- AED 2,080,000
- Monthly over 25 years at 3.7%
- AED 21,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →