2-bed · 1,480 sqftFairfield, Dubai Marina · 29th floor · completed 2010

2902, Fairfield

Sold prices and rental history: sold 3 times, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 13 June 2017
Last soldAED 2.55M13 June 2017
Current rentAED 175K /yr5 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Fairfield

What is 2902 worth today?

Last sold for AED 2,550,000 in 2017

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13 Jun 2017SoldReady
AED 2,550,000AED 1,722 per sqft
5 Jun 2016RentedNew contract
AED 175,000/yr12 months · AED 118 per sqft
5 Jun 2015RentedRenewal
AED 175,000/yr12 months · AED 118 per sqft
5 Jun 2014RentedNew contract
AED 175,000/yr12 months · AED 118 per sqft
1 Aug 2013RentedNew contract
AED 57,500/yr12 months · AED 39 per sqft
2 Jan 2011SoldReady
AED 1,815,888AED 1,226 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,815,888AED 1,226 per sqft

Source: Dubai Land Department. Updated 13 June 2017.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
29th of 31
Parking
P1-1138
Developer
Emaar
Completed
2010
Service charge
AED 19,100 /yr
Last sold
AED 2.55M · June 2017
Building
Fairfield

About 2902, Fairfield

2902 is a two-bedroom apartment of 1,480 sqft on the 29th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 13 June 2017 for AED 2,550,000, or AED 1,722 per sqft, 10% below the AED 1,911 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 June 2016, is AED 175,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 19,100 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 1,815,888 (AED 1,226 per sqft)Sold, January 2011: AED 1,815,888 (AED 1,226 per sqft)Sold, June 2017: AED 2,550,000 (AED 1,722 per sqft)

2902 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in Fairfield
100K2012201620202024Typical 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, August 2013: AED 57,500 a yearNew contract, June 2014: AED 175,000 a yearRenewal, June 2015: AED 175,000 a yearNew contract, June 2016: AED 175,000 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 2902 sits

All 93 2-beds →

2902 last sold in June 2017 at AED 1,722 per sqft, 10% below what two-beds in Fairfield were fetching at the time (AED 1,911). 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. 2902's AED 175,000 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 29th floor

All 189 units in Fairfield
Value
29012-bedAED 2.85M · Mar 2024
29032-bedAED 1.55M · May 2011
29041-bedAED 1.58M · Dec 2023
29051-bedAED 1.53M · Oct 2018
29061-bedAED 2.05M · Feb 2025

2902, Fairfield in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,815,888, last on 13 June 2017 for AED 2,550,000 (AED 1,722 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 57,500 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2017 price is 6.9%, 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 13 June 2017.

Questions about 2902, Fairfield

What did unit 2902 last sell for?

AED 2,550,000 on 13 June 2017: AED 1,722 per sqft for 1,480 sqft. The unit has 3 registered sales; the first was AED 1,815,888 in March 2010.

What is the rent for unit 2902?

AED 175,000 a year on the contract signed on 5 June 2016. The previous contract, from June 2015, was AED 175,000; the unit has been rented since August 2013.

How big is unit 2902?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 29th floor of a 31-storey tower completed in 2010.

What is unit 2902 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 2902, Fairfield

Starts from the last sale price (AED 2.55M, 13 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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