2-bed · 1,347 sqftFairfield, Dubai Marina · 14th floor · completed 2010

1401, Fairfield

Sold prices and rental history: sold 3 times, last in February 2014, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 25 February 2014
Last soldAED 2.9M25 February 2014
Current rentAED 145K /yr9 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Fairfield

What is 1401 worth today?

Last sold for AED 2,900,000 in 2014

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25 Feb 2014SoldReady
AED 2,900,000AED 2,152 per sqft
9 Jul 2013RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
14 Apr 2011SoldReady
AED 1,457,888AED 1,082 per sqft
9 Dec 2009Sold by developerOff-plan
AED 1,457,888AED 1,082 per sqft

Source: Dubai Land Department. Updated 25 February 2014.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
14th of 31
Parking
P1-1213
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 2.9M · February 2014
Building
Fairfield

About 1401, Fairfield

1401 is a two-bedroom apartment of 1,347 sqft on the 14th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 February 2014 for AED 2,900,000, or AED 2,152 per sqft, 44% above the AED 1,497 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 July 2013. The current contract, signed on 9 July 2013, is AED 145,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, December 2009: AED 1,457,888 (AED 1,082 per sqft)Sold, April 2011: AED 1,457,888 (AED 1,082 per sqft)Sold, February 2014: AED 2,900,000 (AED 2,152 per sqft)

1401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, 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, July 2013: AED 145,000 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 1401 sits

All 93 2-beds →

1401 last sold in February 2014 at AED 2,152 per sqft, 44% above what two-beds in Fairfield were fetching at the time (AED 1,497). 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. 1401's AED 145,000 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 14th floor

All 189 units in Fairfield
Value
14022-bedAED 2.3M · Apr 2022
14032-bedAED 2.7M · Oct 2024
14041-bedAED 860K · Feb 2011
14051-bedAED 900K · Feb 2011
14061-bedAED 950K · May 2012

1401, Fairfield in numbers

  • Sold 3 times: first on 9 December 2009 for AED 1,457,888, last on 25 February 2014 for AED 2,900,000 (AED 2,152 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 5.0%, 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 25 February 2014.

Questions about 1401, Fairfield

What did unit 1401 last sell for?

AED 2,900,000 on 25 February 2014: AED 2,152 per sqft for 1,347 sqft. The unit has 3 registered sales; the first was AED 1,457,888 in December 2009.

What is the rent for unit 1401?

AED 145,000 a year on the contract signed on 9 July 2013.

How big is unit 1401?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2010.

What is unit 1401 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 1401, Fairfield

Starts from the last sale price (AED 2.9M, 25 February 2014). 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 →