2-bed · 1,522 sqftAl Fairooz Tower, Dubai Marina · 11th floor · completed 2004

1105, Al Fairooz Tower

Sold prices and rental history: sold twice, last in April 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 2.15M14 April 2010
Current rentAED 130K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Al Fairooz Tower

What is 1105 worth today?

Last sold for AED 2,150,000 in 2010

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1 Dec 2022RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
1 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft
1 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
24 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
22 Dec 2017RentedRenewal
AED 203,200/yr12 months · AED 134 per sqft
22 Dec 2016RentedRenewal
AED 203,200/yr12 months · AED 134 per sqft
22 Dec 2015RentedRenewal
AED 203,200/yr12 months · AED 134 per sqft
22 Dec 2014RentedRenewal
AED 203,200/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
11th of 20
Parking
2091
Developer
Emaar
Completed
2004
Service charge
AED 22,400 /yr
Last sold
AED 2.15M · April 2010

About 1105, Al Fairooz Tower

1105 is a two-bedroom apartment of 1,522 sqft on the 11th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 14 April 2010 for AED 2,150,000, or AED 1,412 per sqft, 39% above the AED 1,019 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 130,000 a year: a gross yield of 6.0% on the 2010 price, before the service charge of about AED 22,400 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, each saleTypical two-bed in Al Fairooz Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,540,000; 2009 AED 1,460,000; 2010 AED 1,725,000; 2011 AED 808,500; 2012 AED 1,777,944; 2013 AED 1,638,888; 2014 AED 2,800,000; 2017 AED 2,700,000; 2021 AED 1,300,000; 2024 AED 2,950,000Sold by developer, April 2010: AED 2,150,000 (AED 1,412 per sqft)Sold, April 2010: AED 1,650,000 (AED 1,084 per sqft)

1105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1105, each contractTypical two-bed in Al Fairooz Tower
100K150K200K2012201620202024Typical rent by year: 2013 AED 181,000; 2014 AED 192,500; 2015 AED 195,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 149,792; 2019 AED 148,500; 2020 AED 121,250; 2021 AED 116,500; 2022 AED 145,000; 2023 AED 150,000; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 177,500New contract, December 2012: AED 182,000 a yearRenewal, December 2013: AED 182,000 a yearRenewal, December 2014: AED 203,200 a yearRenewal, December 2015: AED 203,200 a yearRenewal, December 2016: AED 203,200 a yearRenewal, December 2017: AED 203,200 a yearNew contract, November 2018: AED 140,000 a yearNew contract, December 2020: AED 110,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2022: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Fairooz Tower, and where 1105 sits

All 31 2-beds →

1105 last sold in April 2010 at AED 1,412 per sqft, 39% above what two-beds in Al Fairooz Tower were fetching at the time (AED 1,019). Over the last 12 months two-beds sold for AED 3,100,000 to 3,250,000, around AED 2,053 per sqft, and rent for AED 150,000 to 240,000 a year. 1105's AED 130,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20263,250,000
14 Apr 20263,100,000
5 Feb 20251,012,000
4 Jul 20243,150,000
2 2-bed sales in the last 12 months

Al Fairooz Tower

Building

108 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%
Al Fairooz Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 108 units in Al Fairooz Tower
Value
11013-bedAED 6M · Jul 2008
11022-bedAED 2.7M · Feb 2017
11033-bedAED 3.15M · Jun 2008
11043-bedAED 929K · Mar 2010
11063-bedAED 2.68M · Nov 2008

1105, Al Fairooz Tower in numbers

  • Sold twice: first on 14 April 2010 for AED 1,650,000, last on 14 April 2010 for AED 2,150,000 (AED 1,412 per sqft).
  • Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 182,000 to AED 110,000 in 2021 and recovered to AED 130,000 by December 2022.
  • At AED 130,000 a year the gross yield on the 2010 price is 6.0%, before a service charge of about AED 22,400 a year (AED 14.69 per sqft).
  • Two-beds in Al Fairooz Tower sold for AED 3,100,000–3,250,000 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 1 December 2022.

Questions about 1105, Al Fairooz Tower

What did unit 1105 last sell for?

AED 2,150,000 on 14 April 2010, sold by the developer: AED 1,412 per sqft for 1,522 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in April 2010.

What is the rent for unit 1105?

AED 130,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since December 2012.

How big is unit 1105?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 11th floor of a 20-storey tower completed in 2004.

What is unit 1105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Fairooz Tower sold for AED 3,100,000 to 3,250,000 in the last 12 months, around AED 2,053 per sqft.

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Mortgage on 1105, Al Fairooz Tower

Starts from the last sale price (AED 2.15M, 14 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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