2-bed · 1,480 sqftFairfield, Dubai Marina · 24th floor · completed 2010

2402, Fairfield

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 1.11M22 September 2011
Current rentAED 193K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Fairfield

What is 2402 worth today?

Last sold for AED 1,114,444 in 2011

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12 Nov 2024RentedRenewal
AED 192,500/yr12 months · AED 131 per sqft
12 Nov 2024RentedRenewal
AED 192,500/yr12 months · AED 131 per sqft
12 Nov 2023RentedNew contract
AED 175,000/yr12 months · AED 118 per sqft
30 Sep 2022RentedNew contract
AED 165,000/yr12 months · AED 111 per sqft
29 Sep 2021RentedRenewal
AED 132,000/yr12 months · AED 89 per sqft
29 Sep 2020RentedRenewal
AED 123,000/yr12 months · AED 83 per sqft
29 Sep 2019RentedRenewal
AED 143,750/yr12 months · AED 97 per sqft
29 Sep 2018RentedRenewal
AED 160,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
24th of 31
Parking
P1-1133
Developer
Emaar
Completed
2010
Service charge
AED 19,100 /yr
Last sold
AED 1.11M · September 2011
Building
Fairfield

About 2402, Fairfield

2402 is a two-bedroom apartment of 1,480 sqft on the 24th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 22 September 2011 for AED 1,114,444, or AED 752 per sqft, 32% below the AED 1,105 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 12 November 2024, is AED 192,500 a year: a gross yield of 17.3% on the 2011 price, before the service charge of about AED 19,100 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical two-bed in Fairfield
1M2M3M2009201420192024Typical 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 2,228,888 (AED 1,505 per sqft)Sold, September 2011: AED 1,114,444 (AED 752 per sqft)

2402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, each contractTypical two-bed in Fairfield
100K150K200K2012201620202024Typical 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, September 2015: AED 180,000 a yearNew contract, September 2016: AED 165,000 a yearNew contract, September 2017: AED 160,000 a yearRenewal, September 2018: AED 160,000 a yearRenewal, September 2019: AED 143,750 a yearRenewal, September 2020: AED 123,000 a yearRenewal, September 2021: AED 132,000 a yearNew contract, September 2022: AED 165,000 a yearNew contract, November 2023: AED 175,000 a yearRenewal, November 2024: AED 192,500 a yearRenewal, November 2024: AED 192,500 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 2402 sits

All 93 2-beds →

2402 last sold in September 2011 at AED 752 per sqft, 32% below what two-beds in Fairfield were fetching at the time (AED 1,105). 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. 2402's AED 192,500 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 24th floor

All 189 units in Fairfield
Value
24012-bedAED 2.25M · Jul 2013
24032-bedAED 2.28M · Aug 2022
24041-bedAED 2.5M · Oct 2025
24051-bedAED 1.75M · Mar 2024
24061-bedAED 2.05M · Apr 2026

2402, Fairfield in numbers

  • Sold twice: first on 2 March 2010 for AED 2,228,888, last on 22 September 2011 for AED 1,114,444 (AED 752 per sqft).
  • Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 123,000 in 2020 and recovered to AED 192,500 by November 2024.
  • At AED 192,500 a year the gross yield on the 2011 price is 17.3%, before a service charge of about AED 19,100 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 12 November 2024.

Questions about 2402, Fairfield

What did unit 2402 last sell for?

AED 1,114,444 on 22 September 2011: AED 752 per sqft for 1,480 sqft. The unit has 2 registered sales; the first was AED 2,228,888 in March 2010.

What is the rent for unit 2402?

AED 192,500 a year on the contract renewed on 12 November 2024. The previous contract, from November 2024, was AED 192,500; the unit has been rented since September 2015.

How big is unit 2402?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 24th floor of a 31-storey tower completed in 2010.

What is unit 2402 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 2402, Fairfield

Starts from the last sale price (AED 1.11M, 22 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,114,444
Deposit, UAE resident (20%)
AED 222,889
Deposit, non-resident (40%)
AED 445,778
Monthly over 25 years at 3.7%
AED 4,560

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