2-bed · 1,480 sqftFairfield, Dubai Marina · 12th floor · completed 2010

1202, Fairfield

Sold prices and rental history: sold 5 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 19 August 2022
Last soldAED 2.35M19 August 2022
Current rentAED 115K /yr10 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Fairfield

What is 1202 worth today?

Last sold for AED 2,350,000 in 2022

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19 Aug 2022SoldReady
AED 2,350,000AED 1,587 per sqft
10 Apr 2022RentedRenewal
AED 115,000/yr12 months · AED 78 per sqft
10 Apr 2021RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
5 May 2020RentedNew contract
AED 130,000/yr6 months · AED 88 per sqft
5 Feb 2019RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft
27 Jan 2018RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
27 Jan 2017RentedNew contract
AED 150,000/yr12 months · AED 101 per sqft
10 Dec 2014RentedRenewal
AED 170,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 19 August 2022.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
12th of 31
Parking
G-G042
Developer
Emaar
Completed
2010
Service charge
AED 19,100 /yr
Last sold
AED 2.35M · August 2022
Building
Fairfield

About 1202, Fairfield

1202 is a two-bedroom apartment of 1,480 sqft on the 12th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 19 August 2022 for AED 2,350,000, or AED 1,587 per sqft, in line with the AED 1,560 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 April 2022, is AED 115,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 19,100 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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 1,693,888 (AED 1,144 per sqft)Sold, November 2010: AED 1,620,000 (AED 1,094 per sqft)Sold, October 2012: AED 1,620,000 (AED 1,094 per sqft)Sold, October 2012: AED 1,693,888 (AED 1,144 per sqft)Sold, August 2022: AED 2,350,000 (AED 1,587 per sqft)

1202 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, 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, December 2013: AED 150,000 a yearRenewal, December 2014: AED 170,000 a yearNew contract, January 2017: AED 150,000 a yearRenewal, January 2018: AED 150,000 a yearNew contract, February 2019: AED 140,000 a yearNew contract, May 2020: AED 130,000 a yearNew contract, April 2021: AED 115,000 a yearRenewal, April 2022: AED 115,000 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 Fairfield, and where 1202 sits

All 93 2-beds →

1202 last sold in August 2022 at AED 1,587 per sqft, in line with what two-beds in Fairfield were fetching at the time (AED 1,560). 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. 1202's AED 115,000 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
12012-bedAED 1.43M · Feb 2011
12032-bedAED 1.85M · Dec 2021
12041-bedAED 1.64M · Jun 2023
12051-bedAED 1.66M · Jun 2023
12061-bedAED 829K · Mar 2011

1202, Fairfield in numbers

  • Sold 5 times: first on 2 March 2010 for AED 1,693,888, last on 19 August 2022 for AED 2,350,000 (AED 1,587 per sqft).
  • Rented since December 2013 on 8 Ejari contracts, from AED 150,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 19,100 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 19 August 2022.

Questions about 1202, Fairfield

What did unit 1202 last sell for?

AED 2,350,000 on 19 August 2022: AED 1,587 per sqft for 1,480 sqft. The unit has 5 registered sales; the first was AED 1,693,888 in March 2010.

What is the rent for unit 1202?

AED 115,000 a year on the contract renewed on 10 April 2022. The previous contract, from April 2021, was AED 115,000; the unit has been rented since December 2013.

How big is unit 1202?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2010.

What is unit 1202 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 1202, Fairfield

Starts from the last sale price (AED 2.35M, 19 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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