1-bed · 796 sqftFairfield, Dubai Marina · 14th floor · completed 2010

1406, Fairfield

Sold prices and rental history: sold 3 times, last in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 950K20 May 2012
Current rentAED 105K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Fairfield

What is 1406 worth today?

Last sold for AED 950,000 in 2012

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2 Sep 2024RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
2 Sep 2024RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
2 Sep 2023RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
2 Sep 2022RentedNew contract
AED 96,000/yr12 months · AED 121 per sqft
2 May 2020RentedRenewal
AED 87,000/yr12 months · AED 109 per sqft
2 May 2019RentedNew contract
AED 100,000/yr12 months · AED 126 per sqft
2 May 2018RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
2 May 2017RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
14th of 31
Parking
P3-3015
Developer
Emaar
Completed
2010
Service charge
AED 10,300 /yr
Last sold
AED 950K · May 2012
Building
Fairfield

About 1406, Fairfield

1406 is a one-bedroom apartment of 796 sqft on the 14th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 20 May 2012 for AED 950,000, or AED 1,193 per sqft, 14% above the AED 1,051 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 2 September 2024, is AED 105,000 a year: a gross yield of 11.1% on the 2012 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical one-bed in Fairfield
1M2M2009201420192024Typical sale price by year: 2009 AED 871,888; 2010 AED 926,888; 2011 AED 896,888; 2012 AED 1,000,000; 2013 AED 1,180,444; 2014 AED 1,700,000; 2015 AED 1,665,000; 2016 AED 1,400,000; 2017 AED 1,560,000; 2018 AED 1,458,891; 2019 AED 1,200,000; 2022 AED 1,460,000; 2023 AED 1,620,000; 2024 AED 1,830,000; 2025 AED 2,042,500; 2026 AED 1,935,100Sold by developer, April 2010: AED 950,000 (AED 1,193 per sqft)Sold, April 2010: AED 950,000 (AED 1,193 per sqft)Sold, May 2012: AED 950,000 (AED 1,193 per sqft)

1406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in Fairfield
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 95,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 74,250; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 98,250; 2024 AED 108,000; 2025 AED 110,000; 2026 AED 100,000New contract, December 2014: AED 125,000 a yearRenewal, December 2015: AED 125,000 a yearNew contract, May 2017: AED 110,000 a yearNew contract, May 2018: AED 110,000 a yearNew contract, May 2019: AED 100,000 a yearRenewal, May 2020: AED 87,000 a yearNew contract, September 2022: AED 96,000 a yearRenewal, September 2023: AED 105,000 a yearRenewal, September 2024: AED 105,000 a yearRenewal, September 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fairfield, and where 1406 sits

All 95 1-beds →

1406 last sold in May 2012 at AED 1,193 per sqft, 14% above what one-beds in Fairfield were fetching at the time (AED 1,051). Over the last 12 months one-beds sold for AED 1,438,355 to 2,400,000, around AED 2,301 per sqft, and rent for AED 64,800 to 140,000 a year. 1406's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20261,925,000
14 Sep 20261,945,199
16 Apr 20262,100,000
13 Apr 20262,050,000
9 1-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
14032-bedAED 2.7M · Oct 2024
14041-bedAED 860K · Feb 2011
14051-bedAED 900K · Feb 2011

1406, Fairfield in numbers

  • Sold 3 times: first on 29 April 2010 for AED 950,000, last on 20 May 2012 for AED 950,000 (AED 1,193 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 87,000 in 2020 and recovered to AED 105,000 by September 2024.
  • At AED 105,000 a year the gross yield on the 2012 price is 11.1%, before a service charge of about AED 10,300 a year (AED 12.92 per sqft).
  • One-beds in Fairfield sold for AED 1,438,355–2,400,000 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 2 September 2024.

Questions about 1406, Fairfield

What did unit 1406 last sell for?

AED 950,000 on 20 May 2012: AED 1,193 per sqft for 796 sqft. The unit has 3 registered sales; the first was AED 950,000 in April 2010.

What is the rent for unit 1406?

AED 105,000 a year on the contract renewed on 2 September 2024. The previous contract, from September 2024, was AED 105,000; the unit has been rented since December 2014.

How big is unit 1406?

796 sqft (74.0 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2010.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairfield sold for AED 1,438,355 to 2,400,000 in the last 12 months, around AED 2,301 per sqft.

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Mortgage on 1406, Fairfield

Starts from the last sale price (AED 950K, 20 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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