2-bed · 1,347 sqftFairfield, Dubai Marina · 17th floor · completed 2010

1701, Fairfield

Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 11 August 2024
Last soldAED 3M15 May 2014
Current rentAED 158K /yr11 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Fairfield

What is 1701 worth today?

Last sold for AED 3,000,000 in 2014

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11 Aug 2024RentedRenewal
AED 158,000/yr12 months · AED 117 per sqft
11 Aug 2024RentedRenewal
AED 158,000/yr12 months · AED 117 per sqft
11 Aug 2023RentedNew contract
AED 158,000/yr12 months · AED 117 per sqft
20 Feb 2022RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
1 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
15 May 2014SoldReady
AED 3,000,000AED 2,227 per sqft
12 May 2011SoldReady
AED 784,944AED 582 per sqft
21 Jul 2009Sold by developerOff-plan
AED 784,944AED 582 per sqft

Source: Dubai Land Department. Updated 11 August 2024.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
17th of 31
Parking
P1-1210
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 3M · May 2014
Building
Fairfield

About 1701, Fairfield

1701 is a two-bedroom apartment of 1,347 sqft on the 17th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 15 May 2014 for AED 3,000,000, or AED 2,227 per sqft, 32% above the AED 1,689 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 11 August 2024, is AED 158,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in Fairfield
2M2009201420192024Typical 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, July 2009: AED 784,944 (AED 582 per sqft)Sold, May 2011: AED 784,944 (AED 582 per sqft)Sold, May 2014: AED 3,000,000 (AED 2,227 per sqft)

1701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, 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 2021: AED 100,000 a yearNew contract, February 2022: AED 145,000 a yearNew contract, August 2023: AED 158,000 a yearRenewal, August 2024: AED 158,000 a yearRenewal, August 2024: AED 158,000 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 1701 sits

All 93 2-beds →

1701 last sold in May 2014 at AED 2,227 per sqft, 32% above what two-beds in Fairfield were fetching at the time (AED 1,689). 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. 1701's AED 158,000 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 17th floor

All 189 units in Fairfield
Value
17022-bedAED 2.9M · Oct 2023
17032-bedAED 927K · Apr 2011
17041-bedAED 1.5M · Dec 2017
17051-bedAED 1.61M · Jun 2018
17061-bedAED 1.54M · Jan 2017

1701, Fairfield in numbers

  • Sold 3 times: first on 21 July 2009 for AED 784,944, last on 15 May 2014 for AED 3,000,000 (AED 2,227 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 100,000 to AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2014 price is 5.3%, 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 11 August 2024.

Questions about 1701, Fairfield

What did unit 1701 last sell for?

AED 3,000,000 on 15 May 2014: AED 2,227 per sqft for 1,347 sqft. The unit has 3 registered sales; the first was AED 784,944 in July 2009.

What is the rent for unit 1701?

AED 158,000 a year on the contract renewed on 11 August 2024. The previous contract, from August 2024, was AED 158,000; the unit has been rented since February 2021.

How big is unit 1701?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2010.

What is unit 1701 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 1701, Fairfield

Starts from the last sale price (AED 3M, 15 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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