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2-bed · 1,347 sqftFairfield, Dubai Marina · 12th floor · completed 2010

1201, Fairfield

Sold prices and rental history: sold twice, last in February 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 May 2016
Last soldAED 1.43M22 February 2011
Current rentAED 185K /yr1 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Fairfield

What is 1201 worth today?

Last sold for AED 1,433,888 in 2011

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1 May 2016RentedRenewal
AED 185,328/yr10 months · AED 138 per sqft
1 May 2015RentedNew contract
AED 185,000/yr12 months · AED 137 per sqft
1 Jun 2013RentedNew contract
AED 160,000/yr12 months · AED 119 per sqft
22 Feb 2011SoldReady
AED 1,433,888AED 1,064 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,433,888AED 1,064 per sqft

Source: Dubai Land Department. Updated 1 May 2016.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
12th of 31
Parking
P1-1215
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 1.43M · February 2011
Building
Fairfield

About 1201, Fairfield

1201 is a two-bedroom apartment of 1,347 sqft on the 12th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 22 February 2011 for AED 1,433,888, or AED 1,064 per sqft, 10% below the AED 1,187 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 May 2016, is AED 185,328 a year: a gross yield of 12.9% on the 2011 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Fairfield
2M3M2009201420192024Typical sale price by year: 2009 AED 1,481,888; 2010 AED 1,636,888; 2011 AED 1,550,000; 2012 AED 1,675,000; 2013 AED 2,000,000; 2014 AED 2,900,000; 2015 AED 2,675,000; 2016 AED 2,737,500; 2017 AED 2,575,000; 2018 AED 2,290,000; 2020 AED 1,750,000; 2021 AED 1,850,000; 2022 AED 2,305,000; 2023 AED 2,550,000; 2024 AED 2,725,000; 2025 AED 3,000,000; 2026 AED 3,200,000Sold by developer, March 2010: AED 1,433,888 (AED 1,064 per sqft)Sold, February 2011: AED 1,433,888 (AED 1,064 per sqft)

1201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Fairfield
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,216; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 110,000; 2022 AED 123,750; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 160,000New contract, June 2013: AED 160,000 a yearNew contract, May 2015: AED 185,000 a yearRenewal, May 2016: AED 185,328 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 Fairfield, and where 1201 sits

All 93 2-beds →

1201 last sold in February 2011 at AED 1,064 per sqft, 10% below what two-beds in Fairfield were fetching at the time (AED 1,187). Over the last 12 months two-beds sold for AED 2,625,000 to 3,350,000, around AED 2,162 per sqft, and rent for AED 100,000 to 365,000 a year. 1201's AED 185,328 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Aug 20263,200,000
28 Jul 20263,200,000
22 Apr 20263,350,000
21 Apr 20262,625,000
5 2-bed sales in the last 12 months

Fairfield

Building

189 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2010 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 2,162 Down 7.2%
Typical sale
AED 2.35M
Typical rent
AED 118K /yr
Typical yield
5.5%
Fairfield, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 189 units in Fairfield
Value
12022-bedAED 2.35M · Aug 2022
12032-bedAED 1.85M · Dec 2021
12041-bedAED 1.64M · Jun 2023
12051-bedAED 1.66M · Jun 2023
12061-bedAED 829K · Mar 2011

1201, Fairfield in numbers

  • Sold twice: first on 2 March 2010 for AED 1,433,888, last on 22 February 2011 for AED 1,433,888 (AED 1,064 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 160,000 to AED 185,328 a year.
  • At AED 185,328 a year the gross yield on the 2011 price is 12.9%, before a service charge of about AED 17,400 a year (AED 12.92 per sqft).
  • Two-beds in Fairfield sold for AED 2,625,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,162 per sqft.

Source: Dubai Land Department. Updated 1 May 2016.

Questions about 1201, Fairfield

What did unit 1201 last sell for?

AED 1,433,888 on 22 February 2011: AED 1,064 per sqft for 1,347 sqft. The unit has 2 registered sales; the first was AED 1,433,888 in March 2010.

What is the rent for unit 1201?

AED 185,328 a year on the contract renewed on 1 May 2016. The previous contract, from May 2015, was AED 185,000; the unit has been rented since June 2013.

How big is unit 1201?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2010.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fairfield sold for AED 2,625,000 to 3,350,000 in the last 12 months, around AED 2,162 per sqft.

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Mortgage on 1201, Fairfield

Starts from the last sale price (AED 1.43M, 22 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,433,888
Deposit, UAE resident (20%)
AED 286,778
Deposit, non-resident (40%)
AED 573,555
Monthly over 25 years at 3.7%
AED 5,866

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