1-bed · 847 sqftFairways East Tower, The Views · 10th floor · completed 2008

1005, Fairways East Tower

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 3 October 2023
Last soldAED 910K17 March 2020
Current rentAED 90K /yr3 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Fairways East Tower

What is 1005 worth today?

Last sold for AED 910,000 in 2020

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3 Oct 2023RentedRenewal
AED 90,000/yr12 months · AED 106 per sqft
3 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 106 per sqft
30 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
17 Mar 2020SoldReady
AED 910,000AED 1,074 per sqft
30 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
5 Jul 2017RentedNew contract
AED 95,000/yr12 months · AED 112 per sqft
11 Jul 2015RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
9 Aug 2010Sold by developerReady
AED 341,944AED 403 per sqft

Source: Dubai Land Department. Updated 3 October 2023.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
10th of 27
Parking
G-44
Developer
Emaar
Completed
2008
Service charge
AED 14,000 /yr
Last sold
AED 910K · March 2020

About 1005, Fairways East Tower

1005 is a one-bedroom apartment of 847 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 17 March 2020 for AED 910,000, or AED 1,074 per sqft, in line with the AED 1,074 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 3 October 2023, is AED 90,000 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in Fairways East Tower
1M2M2009201420192024Typical 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 341,944 (AED 403 per sqft)Sold, March 2020: AED 910,000 (AED 1,074 per sqft)

1005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in Fairways East Tower
80K100K2012201620202024Typical 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, July 2015: AED 100,000 a yearNew contract, July 2017: AED 95,000 a yearNew contract, September 2019: AED 75,000 a yearNew contract, September 2020: AED 75,000 a yearNew contract, October 2022: AED 90,000 a yearRenewal, October 2023: AED 90,000 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 1005 sits

All 104 1-beds →

1005 last sold in March 2020 at AED 1,074 per sqft, in line with what one-beds in Fairways East Tower were fetching at the time (AED 1,074). 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. 1005's AED 90,000 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
10021-bedAED 1.4M · Apr 2022
10032-bedAED 1.43M · Jul 2010
10042-bedAED 1.97M · Aug 2022
10061-bedAED 1.04M · Jan 2021
10071-bedAED 1M · Apr 2011

1005, Fairways East Tower in numbers

  • Sold twice: first on 9 August 2010 for AED 341,944, last on 17 March 2020 for AED 910,000 (AED 1,074 per sqft).
  • Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 90,000 by October 2023.
  • At AED 90,000 a year the gross yield on the 2020 price is 9.9%, 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 3 October 2023.

Questions about 1005, Fairways East Tower

What did unit 1005 last sell for?

AED 910,000 on 17 March 2020: AED 1,074 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 341,944 in August 2010.

What is the rent for unit 1005?

AED 90,000 a year on the contract renewed on 3 October 2023. The previous contract, from October 2022, was AED 90,000; the unit has been rented since July 2015.

How big is unit 1005?

847 sqft (78.7 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2008.

What is unit 1005 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 1005, Fairways East Tower

Starts from the last sale price (AED 910K, 17 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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