2-bed · 1,302 sqftFairfield, Dubai Marina · 14th floor · completed 2010

1403, Fairfield

Sold prices and rental history: sold 6 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.7M10 October 2024
Current rentAED 125K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Fairfield

What is 1403 worth today?

Last sold for AED 2,700,000 in 2024

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10 Oct 2024SoldReady
AED 2,700,000AED 2,073 per sqft
15 Jul 2023RentedRenewal
AED 125,000/yr12 months · AED 96 per sqft
15 Jul 2022RentedRenewal
AED 118,000/yr12 months · AED 91 per sqft
15 Jul 2021RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
31 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
24 Sep 2017SoldReady
AED 2,100,000AED 1,612 per sqft
25 Jun 2015RentedNew contract
AED 160,000/yr12 months · AED 123 per sqft
18 Mar 2013SoldReady
AED 2,000,000AED 1,536 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
14th of 31
Parking
P1-1161
Developer
Emaar
Completed
2010
Service charge
AED 16,800 /yr
Last sold
AED 2.7M · October 2024
Building
Fairfield

About 1403, Fairfield

1403 is a two-bedroom apartment of 1,302 sqft on the 14th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 10 October 2024 for AED 2,700,000, or AED 2,073 per sqft, in line with the AED 2,092 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 125,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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 1,673,888 (AED 1,285 per sqft)Sold, July 2011: AED 1,673,888 (AED 1,285 per sqft)Sold, January 2012: AED 1,575,000 (AED 1,209 per sqft)Sold, March 2013: AED 2,000,000 (AED 1,536 per sqft)Sold, September 2017: AED 2,100,000 (AED 1,612 per sqft)Sold, October 2024: AED 2,700,000 (AED 2,073 per sqft)

1403 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, 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 2015: AED 160,000 a yearNew contract, December 2017: AED 150,000 a yearNew contract, July 2021: AED 110,000 a yearRenewal, July 2022: AED 118,000 a yearRenewal, July 2023: AED 125,000 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 1403 sits

All 93 2-beds →

1403 last sold in October 2024 at AED 2,073 per sqft, in line with what two-beds in Fairfield were fetching at the time (AED 2,092). 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. 1403's AED 125,000 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
14012-bedAED 2.9M · Feb 2014
14022-bedAED 2.3M · Apr 2022
14041-bedAED 860K · Feb 2011
14051-bedAED 900K · Feb 2011
14061-bedAED 950K · May 2012

1403, Fairfield in numbers

  • Sold 6 times: first on 2 March 2010 for AED 1,673,888, last on 10 October 2024 for AED 2,700,000 (AED 2,073 per sqft).
  • Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 110,000 in 2021 and recovered to AED 125,000 by July 2023.
  • At AED 125,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 16,800 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 10 October 2024.

Questions about 1403, Fairfield

What did unit 1403 last sell for?

AED 2,700,000 on 10 October 2024: AED 2,073 per sqft for 1,302 sqft. The unit has 6 registered sales; the first was AED 1,673,888 in March 2010.

What is the rent for unit 1403?

AED 125,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 118,000; the unit has been rented since June 2015.

How big is unit 1403?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2010.

What is unit 1403 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 1403, Fairfield

Starts from the last sale price (AED 2.7M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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