2-bed · 1,347 sqftFairfield, Dubai Marina · 13th floor · completed 2010

1301, Fairfield

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 21 December 2022
Last soldAED 2.47M21 December 2022
Current rentAED 99K /yr26 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Fairfield

What is 1301 worth today?

Last sold for AED 2,470,000 in 2022

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21 Dec 2022SoldReady
AED 2,470,000AED 1,833 per sqft
26 Dec 2021RentedRenewal
AED 99,000/yr12 months · AED 73 per sqft
26 Dec 2020RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
26 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
26 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
1 Dec 2017RentedNew contract
AED 143,000/yr12 months · AED 106 per sqft
1 Aug 2017RentedRenewal
AED 156,272/yr3 months · AED 116 per sqft
1 Aug 2016RentedNew contract
AED 155,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 21 December 2022.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
13th of 31
Parking
P1-1214
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 2.47M · December 2022
Building
Fairfield

About 1301, Fairfield

1301 is a two-bedroom apartment of 1,347 sqft on the 13th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 21 December 2022 for AED 2,470,000, or AED 1,833 per sqft, 15% above the AED 1,592 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 26 December 2021, is AED 99,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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 1,445,888 (AED 1,073 per sqft)Sold, December 2011: AED 1,445,888 (AED 1,073 per sqft)Sold, December 2022: AED 2,470,000 (AED 1,833 per sqft)

1301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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, February 2013: AED 130,000 a yearNew contract, February 2014: AED 136,981 a yearNew contract, February 2015: AED 155,000 a yearRenewal, February 2016: AED 155,000 a yearNew contract, August 2016: AED 155,000 a yearRenewal, August 2017: AED 156,272 a yearNew contract, December 2017: AED 143,000 a yearNew contract, December 2018: AED 120,000 a yearRenewal, December 2019: AED 110,000 a yearRenewal, December 2020: AED 90,000 a yearRenewal, December 2021: AED 99,000 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 1301 sits

All 93 2-beds →

1301 last sold in December 2022 at AED 1,833 per sqft, 15% above what two-beds in Fairfield were fetching at the time (AED 1,592). 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. 1301's AED 99,000 is at the bottom 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 13th floor

All 189 units in Fairfield
Value
13022-bedAED 2.75M · Jan 2018
13032-bedAED 1.8M · May 2011
13041-bedAED 800K · Aug 2014
13051-bedAED 1.48M · Jun 2018
13061-bedAED 1.37M · Mar 2022

1301, Fairfield in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,445,888, last on 21 December 2022 for AED 2,470,000 (AED 1,833 per sqft).
  • Rented since February 2013 on 11 Ejari contracts, from AED 130,000 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2022 price is 4.0%, 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 21 December 2022.

Questions about 1301, Fairfield

What did unit 1301 last sell for?

AED 2,470,000 on 21 December 2022: AED 1,833 per sqft for 1,347 sqft. The unit has 3 registered sales; the first was AED 1,445,888 in March 2010.

What is the rent for unit 1301?

AED 99,000 a year on the contract renewed on 26 December 2021. The previous contract, from December 2020, was AED 90,000; the unit has been rented since February 2013.

How big is unit 1301?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 13th floor of a 31-storey tower completed in 2010.

What is unit 1301 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 1301, Fairfield

Starts from the last sale price (AED 2.47M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,470,000
Deposit, UAE resident (20%)
AED 494,000
Deposit, non-resident (40%)
AED 988,000
Monthly over 25 years at 3.7%
AED 10,106

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