2-bed · 1,347 sqftFairfield, Dubai Marina · 5th floor · completed 2010

501, Fairfield

Sold prices and rental history: sold 3 times, last in December 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 14 December 2015
Last soldAED 2.68M14 December 2015
Current rentAED 155K /yr15 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Fairfield

What is 501 worth today?

Last sold for AED 2,675,000 in 2015

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14 Dec 2015SoldReady
AED 2,675,000AED 1,985 per sqft
15 Mar 2014RentedNew contract
AED 155,000/yr12 months · AED 115 per sqft
14 Oct 2013RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
22 Feb 2011SoldReady
AED 1,349,888AED 1,002 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,349,888AED 1,002 per sqft

Source: Dubai Land Department. Updated 14 December 2015.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
5th of 31
Parking
P1-1171
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 2.68M · December 2015
Building
Fairfield

About 501, Fairfield

501 is a two-bedroom apartment of 1,347 sqft on the 5th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 14 December 2015 for AED 2,675,000, or AED 1,985 per sqft, in line with the AED 1,985 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 15 March 2014, is AED 155,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 17,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 1,349,888 (AED 1,002 per sqft)Sold, February 2011: AED 1,349,888 (AED 1,002 per sqft)Sold, December 2015: AED 2,675,000 (AED 1,985 per sqft)

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

Rents
Unit 501, 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, October 2013: AED 145,000 a yearNew contract, March 2014: AED 155,000 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 501 sits

All 93 2-beds →

501 last sold in December 2015 at AED 1,985 per sqft, in line with what two-beds in Fairfield were fetching at the time (AED 1,985). 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. 501's AED 155,000 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 5th floor

All 189 units in Fairfield
Value
5022-bedAED 1.9M · Jul 2021
5032-bedAED 2.38M · Sep 2015
5041-bedAED 1.57M · Dec 2015
5051-bedAED 1.7M · Jan 2015
5061-bedAED 10K · Dec 2025

501, Fairfield in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,349,888, last on 14 December 2015 for AED 2,675,000 (AED 1,985 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 145,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2015 price is 5.8%, 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 14 December 2015.

Questions about 501, Fairfield

What did unit 501 last sell for?

AED 2,675,000 on 14 December 2015: AED 1,985 per sqft for 1,347 sqft. The unit has 3 registered sales; the first was AED 1,349,888 in March 2010.

What is the rent for unit 501?

AED 155,000 a year on the contract signed on 15 March 2014. The previous contract, from October 2013, was AED 145,000.

How big is unit 501?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2010.

What is unit 501 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 501, Fairfield

Starts from the last sale price (AED 2.68M, 14 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,675,000
Deposit, UAE resident (20%)
AED 535,000
Deposit, non-resident (40%)
AED 1,070,000
Monthly over 25 years at 3.7%
AED 10,944

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