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3-bed · 2,399 sqftAl Fairooz Tower, Dubai Marina · 9th floor · completed 2004

901, Al Fairooz Tower

Sold prices and rental history: sold twice, last in September 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 23 September 2020
Last soldAED 2.9M23 September 2020
Current rentAED 250K /yr9 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 901, Al Fairooz Tower

What is 901 worth today?

Last sold for AED 2,900,000 in 2020

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23 Sep 2020SoldReady
AED 2,900,000AED 1,208 per sqft
9 Aug 2018RentedNew contract
AED 250,000/yr12 months · AED 104 per sqft
9 Aug 2015RentedNew contract
AED 295,000/yr12 months · AED 123 per sqft
18 Jun 2014RentedNew contract
AED 290,000/yr12 months · AED 121 per sqft
14 May 2013Sold by developerReady
AED 2,525,000AED 1,052 per sqft

Source: Dubai Land Department. Updated 23 September 2020.

Key facts

Type
3-bed apartment
Size
2,399 sqft
Floor
9th of 20
Parking
204 , 205
Developer
Emaar
Completed
2004
Service charge
AED 35,200 /yr
Last sold
AED 2.9M · September 2020
Building
Al Fairooz Tower

About 901, Al Fairooz Tower

901 is a three-bedroom apartment of 2,399 sqft on the 9th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 23 September 2020 for AED 2,900,000, or AED 1,208 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 9 August 2018, is AED 250,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 35,200 a year.

Sales and rents for 901 over time

Sales
Unit 901, each saleTypical three-bed in Al Fairooz Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,587,500; 2009 AED 2,550,000; 2010 AED 1,922,944; 2011 AED 2,203,750; 2012 AED 2,600,000; 2013 AED 3,150,000; 2014 AED 4,250,000; 2016 AED 3,100,000; 2017 AED 3,525,000; 2018 AED 3,000,000; 2023 AED 3,550,000; 2024 AED 3,873,451; 2025 AED 5,875,000; 2026 AED 6,075,000Sold by developer, May 2013: AED 2,525,000 (AED 1,052 per sqft)Sold, September 2020: AED 2,900,000 (AED 1,208 per sqft)

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

Rents
Unit 901, each contractTypical three-bed in Al Fairooz Tower
200K300K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 250,000; 2016 AED 240,000; 2017 AED 242,500; 2018 AED 231,000; 2019 AED 206,000; 2020 AED 190,000; 2021 AED 170,000; 2022 AED 182,000; 2023 AED 230,000; 2024 AED 231,000; 2025 AED 259,683; 2026 AED 230,000New contract, June 2014: AED 290,000 a yearNew contract, August 2015: AED 295,000 a yearNew contract, August 2018: AED 250,000 a year

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 901 sits

All 66 3-beds →

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. 901's AED 250,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20266,950,000
12 Jun 202612,100,000
26 Feb 20265,100,000
21 Jan 20265,200,000
5 3-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 9th floor

All 108 units in Al Fairooz Tower
Value
9022-bedAED 1.8M · Feb 2013
9033-bedAED 5.3M · Jul 2025
9043-bedAED 1.82M · Feb 2013
9052-bedAED 1.42M · Apr 2008
9063-bedAED 2.53M · May 2011

901, Al Fairooz Tower in numbers

  • Sold twice: first on 14 May 2013 for AED 2,525,000, last on 23 September 2020 for AED 2,900,000 (AED 1,208 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 290,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 35,200 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 23 September 2020.

Questions about 901, Al Fairooz Tower

What did unit 901 last sell for?

AED 2,900,000 on 23 September 2020: AED 1,208 per sqft for 2,399 sqft. The unit has 2 registered sales; the first was AED 2,525,000 in May 2013.

What is the rent for unit 901?

AED 250,000 a year on the contract signed on 9 August 2018. The previous contract, from August 2015, was AED 295,000; the unit has been rented since June 2014.

How big is unit 901?

2,399 sqft (222.9 sqm): a three-bedroom apartment on the 9th floor of a 20-storey tower completed in 2004.

What is unit 901 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 901, Al Fairooz Tower

Starts from the last sale price (AED 2.9M, 23 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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