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2-bed · 1,404 sqftFairways East Tower, The Views · 11th floor · completed 2008

1101, Fairways East Tower

Sold prices and rental history: sold twice, last in May 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 31 May 2018
Last soldAED 2.05M31 May 2018
Current rentAED 140K /yr5 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1101, Fairways East Tower

What is 1101 worth today?

Last sold for AED 2,050,000 in 2018

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31 May 2018SoldReady
AED 2,050,000AED 1,460 per sqft
5 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
17 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 121 per sqft
6 Mar 2011Sold by developerReady
AED 1,722,888AED 1,227 per sqft

Source: Dubai Land Department. Updated 31 May 2018.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
11th of 27
Parking
P-25
Developer
Emaar
Completed
2008
Service charge
AED 23,100 /yr
Last sold
AED 2.05M · May 2018
Building
Fairways East Tower

About 1101, Fairways East Tower

1101 is a two-bedroom apartment of 1,404 sqft on the 11th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 31 May 2018 for AED 2,050,000, or AED 1,460 per sqft, in line with the AED 1,460 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 5 July 2017, is AED 140,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 23,100 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical two-bed in Fairways East Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,647,388; 2010 AED 1,629,444; 2011 AED 1,468,944; 2012 AED 1,550,000; 2013 AED 2,000,000; 2014 AED 2,837,500; 2015 AED 2,350,000; 2016 AED 2,200,000; 2017 AED 2,275,000; 2018 AED 2,150,000; 2019 AED 1,880,000; 2020 AED 1,850,000; 2021 AED 1,759,575; 2022 AED 2,000,000; 2024 AED 2,800,000; 2025 AED 2,975,000; 2026 AED 3,337,500Sold by developer, March 2011: AED 1,722,888 (AED 1,227 per sqft)Sold, May 2018: AED 2,050,000 (AED 1,460 per sqft)

1101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, each contractTypical two-bed in Fairways East Tower
125K150K175K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 135,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 155,000; 2018 AED 146,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 115,000; 2022 AED 125,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 168,000; 2026 AED 166,500New contract, November 2014: AED 170,000 a yearNew contract, July 2017: AED 140,000 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 Fairways East Tower, and where 1101 sits

All 77 2-beds →

1101 last sold in May 2018 at AED 1,460 per sqft, in line with what two-beds in Fairways East Tower were fetching at the time (AED 1,460). Over the last 12 months two-beds sold for AED 3,050,000 to 3,750,000, around AED 2,342 per sqft, and rent for AED 129,360 to 210,000 a year. 1101's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20263,525,000
5 May 20263,050,000
24 Feb 20263,750,000
19 Feb 20263,150,000
4 2-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 11th floor

All 181 units in Fairways East Tower
Value
11021-bedAED 881K · Aug 2010
11032-bedAED 1.83M · Jan 2021
11042-bedAED 2.98M · Jul 2025
11051-bedAED 690K · Jul 2010
11061-bedAED 1.6M · Jul 2016
11071-bedAED 1.01M · Oct 2011

1101, Fairways East Tower in numbers

  • Sold twice: first on 6 March 2011 for AED 1,722,888, last on 31 May 2018 for AED 2,050,000 (AED 1,460 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 170,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 23,100 a year (AED 16.48 per sqft).
  • Two-beds in Fairways East Tower sold for AED 3,050,000–3,750,000 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 31 May 2018.

Questions about 1101, Fairways East Tower

What did unit 1101 last sell for?

AED 2,050,000 on 31 May 2018: AED 1,460 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 1,722,888 in March 2011.

What is the rent for unit 1101?

AED 140,000 a year on the contract signed on 5 July 2017. The previous contract, from November 2014, was AED 170,000.

How big is unit 1101?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 11th floor of a 27-storey tower completed in 2008.

What is unit 1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fairways East Tower sold for AED 3,050,000 to 3,750,000 in the last 12 months, around AED 2,342 per sqft.

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Mortgage on 1101, Fairways East Tower

Starts from the last sale price (AED 2.05M, 31 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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