1-bed · 850 sqftFairways East Tower, The Views · 10th floor · completed 2008

1002, Fairways East Tower

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 1.4M11 April 2022
Current rentAED 80K /yr3 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Fairways East Tower

What is 1002 worth today?

Last sold for AED 1,400,000 in 2022

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11 Apr 2022SoldReady
AED 1,400,000AED 1,646 per sqft
3 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
5 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
1 Nov 2019RentedRenewal
AED 105,000/yr12 months · AED 123 per sqft
1 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
24 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 135 per sqft
17 Jan 2017SoldReady
AED 1,700,000AED 1,999 per sqft
26 Oct 2015RentedRenewal
AED 120,000/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
10th of 27
Parking
G-101
Developer
Emaar
Completed
2008
Service charge
AED 14,000 /yr
Last sold
AED 1.4M · April 2022

About 1002, Fairways East Tower

1002 is a one-bedroom apartment of 850 sqft on the 10th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 11 April 2022 for AED 1,400,000, or AED 1,646 per sqft, 19% above the AED 1,388 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 3 December 2021, is AED 80,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Fairways East Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 851,888; 2010 AED 865,888; 2011 AED 900,888; 2012 AED 962,500; 2013 AED 1,250,000; 2014 AED 1,630,000; 2015 AED 1,237,944; 2016 AED 1,587,500; 2018 AED 1,280,000; 2019 AED 1,145,000; 2020 AED 1,093,750; 2021 AED 1,175,000; 2022 AED 1,285,000; 2023 AED 1,460,000; 2024 AED 1,850,000; 2025 AED 1,952,500Sold by developer, August 2010: AED 870,888 (AED 1,024 per sqft)Sold, January 2017: AED 1,700,000 (AED 1,999 per sqft)Sold, April 2022: AED 1,400,000 (AED 1,646 per sqft)

1002 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Fairways East Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 111,000; 2016 AED 107,500; 2017 AED 107,500; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,500New contract, October 2014: AED 120,000 a yearRenewal, October 2015: AED 120,000 a yearNew contract, September 2017: AED 115,000 a yearNew contract, November 2018: AED 105,000 a yearRenewal, November 2019: AED 105,000 a yearNew contract, November 2020: AED 70,000 a yearNew contract, December 2021: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fairways East Tower, and where 1002 sits

All 104 1-beds →

1002 last sold in April 2022 at AED 1,646 per sqft, 19% above what one-beds in Fairways East Tower were fetching at the time (AED 1,388). Over the last 12 months one-beds sold for AED 2,100,000 to 2,350,000, around AED 2,500 per sqft, and rent for AED 69,812 to 180,000 a year. 1002's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20262,350,000
18 Sep 20262,150,000
15 Dec 20252,250,000
15 Dec 20252,100,000
4 1-bed sales in the last 12 months

Fairways East Tower

Building

181 apartments, 1-bed to 2-bed over 27 floors in The Views, completed in 2008 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,433
Typical sale
AED 2.7M
Typical rent
AED 118K /yr
Typical yield
4.9%
Fairways East Tower, The Views: prices, sales and rents →

Other units on the 10th floor

All 181 units in Fairways East Tower
Value
10012-bedAED 3M · Jun 2014
10032-bedAED 1.43M · Jul 2010
10042-bedAED 1.97M · Aug 2022
10051-bedAED 910K · Mar 2020
10061-bedAED 1.04M · Jan 2021
10071-bedAED 1M · Apr 2011

1002, Fairways East Tower in numbers

  • Sold 3 times: first on 8 August 2010 for AED 870,888, last on 11 April 2022 for AED 1,400,000 (AED 1,646 per sqft).
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2020 and recovered to AED 80,000 by December 2021.
  • At AED 80,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 14,000 a year (AED 16.48 per sqft).
  • One-beds in Fairways East Tower sold for AED 2,100,000–2,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,433 per sqft.

Source: Dubai Land Department. Updated 11 April 2022.

Questions about 1002, Fairways East Tower

What did unit 1002 last sell for?

AED 1,400,000 on 11 April 2022: AED 1,646 per sqft for 850 sqft. The unit has 3 registered sales; the first was AED 870,888 in August 2010.

What is the rent for unit 1002?

AED 80,000 a year on the contract signed on 3 December 2021. The previous contract, from November 2020, was AED 70,000; the unit has been rented since October 2014.

How big is unit 1002?

850 sqft (79.0 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2008.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairways East Tower sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 2,500 per sqft.

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Mortgage on 1002, Fairways East Tower

Starts from the last sale price (AED 1.4M, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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