2-bed · 1,302 sqftFairfield, Dubai Marina · 20th floor · completed 2010

2003, Fairfield

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

Unit 2003 · DLD and Ejari recordsUpdated 4 October 2017
Last soldAED 1.95M16 May 2013
Current rentAED 150K /yr4 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Fairfield

What is 2003 worth today?

Last sold for AED 1,950,000 in 2013

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4 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
15 Jul 2013RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
16 May 2013SoldReady
AED 1,950,000AED 1,497 per sqft
5 Apr 2011SoldReady
AED 1,892,888AED 1,453 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,892,888AED 1,453 per sqft

Source: Dubai Land Department. Updated 4 October 2017.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
20th of 31
Parking
P1-1149
Developer
Emaar
Completed
2010
Service charge
AED 16,800 /yr
Last sold
AED 1.95M · May 2013
Building
Fairfield

About 2003, Fairfield

2003 is a two-bedroom apartment of 1,302 sqft on the 20th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 16 May 2013 for AED 1,950,000, or AED 1,497 per sqft, 11% above the AED 1,344 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 4 October 2017, is AED 150,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 16,800 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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 1,892,888 (AED 1,453 per sqft)Sold, April 2011: AED 1,892,888 (AED 1,453 per sqft)Sold, May 2013: AED 1,950,000 (AED 1,497 per sqft)

2003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, 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 140,000 a yearNew contract, October 2017: AED 150,000 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 2003 sits

All 93 2-beds →

2003 last sold in May 2013 at AED 1,497 per sqft, 11% above what two-beds in Fairfield were fetching at the time (AED 1,344). 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. 2003's AED 150,000 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 20th floor

All 189 units in Fairfield
Value
20012-bedAED 1.53M · Sep 2011
20022-bedAED 854K · Apr 2011
20041-bedAED 1.89M · Jun 2012
20051-bedAED 468K · Mar 2011
20061-bedAED 893K · Feb 2011

2003, Fairfield in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,892,888, last on 16 May 2013 for AED 1,950,000 (AED 1,497 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 140,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2013 price is 7.7%, 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 4 October 2017.

Questions about 2003, Fairfield

What did unit 2003 last sell for?

AED 1,950,000 on 16 May 2013: AED 1,497 per sqft for 1,302 sqft. The unit has 3 registered sales; the first was AED 1,892,888 in March 2010.

What is the rent for unit 2003?

AED 150,000 a year on the contract signed on 4 October 2017. The previous contract, from July 2013, was AED 140,000.

How big is unit 2003?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 20th floor of a 31-storey tower completed in 2010.

What is unit 2003 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 2003, Fairfield

Starts from the last sale price (AED 1.95M, 16 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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