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2-bed · 1,347 sqftFairfield, Dubai Marina · 15th floor · completed 2010

1501, Fairfield

Sold prices and rental history: sold twice, last in March 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 2 March 2011
Last soldAED 1.47M2 March 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Fairfield

What is 1501 worth today?

Last sold for AED 1,469,888 in 2011

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2 Mar 2011SoldReady
AED 1,469,888AED 1,091 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,469,888AED 1,091 per sqft

Source: Dubai Land Department. Updated 2 March 2011.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
15th of 31
Parking
P1-1212
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 1.47M · March 2011
Building
Fairfield

About 1501, Fairfield

1501 is a two-bedroom apartment of 1,347 sqft on the 15th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 2 March 2011 for AED 1,469,888, or AED 1,091 per sqft, 8% below the AED 1,180 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 1,469,888 (AED 1,091 per sqft)Sold, March 2011: AED 1,469,888 (AED 1,091 per sqft)

1501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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 160,000

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 1501 sits

All 93 2-beds →

1501 last sold in March 2011 at AED 1,091 per sqft, 8% below what two-beds in Fairfield were fetching at the time (AED 1,180). 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.

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 15th floor

All 189 units in Fairfield
Value
15022-bedAED 1.65M · Mar 2011
15032-bedAED 1.95M · Jul 2013
15041-bedAED 1.84M · May 2011
15051-bedAED 1.6M · Oct 2013
15061-bedAED 1M · Jan 2012

1501, Fairfield in numbers

  • Sold twice: first on 2 March 2010 for AED 1,469,888, last on 2 March 2011 for AED 1,469,888 (AED 1,091 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 2 March 2011.

Questions about 1501, Fairfield

What did unit 1501 last sell for?

AED 1,469,888 on 2 March 2011: AED 1,091 per sqft for 1,347 sqft. The unit has 2 registered sales; the first was AED 1,469,888 in March 2010.

How big is unit 1501?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2010.

What is unit 1501 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 1501, Fairfield

Starts from the last sale price (AED 1.47M, 2 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,469,888
Deposit, UAE resident (20%)
AED 293,978
Deposit, non-resident (40%)
AED 587,955
Monthly over 25 years at 3.7%
AED 6,014

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