2-bed · 1,404 sqftFairways East Tower, The Views · 13th floor · completed 2008

1301, Fairways East Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 1.75M19 July 2010
Current rentAED 122K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Fairways East Tower

What is 1301 worth today?

Last sold for AED 1,753,888 in 2010

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15 Aug 2022RentedRenewal
AED 122,000/yr12 months · AED 87 per sqft
15 Aug 2021RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
15 Aug 2020RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
15 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
15 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 104 per sqft
15 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
1 Mar 2013RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
19 Jul 2010Sold by developerReady
AED 1,753,888AED 1,249 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
13th of 27
Parking
P-27
Developer
Emaar
Completed
2008
Service charge
AED 23,100 /yr
Last sold
AED 1.75M · July 2010

About 1301, Fairways East Tower

1301 is a two-bedroom apartment of 1,404 sqft on the 13th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 19 July 2010 for AED 1,753,888, or AED 1,249 per sqft, 8% above the AED 1,156 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 122,000 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 23,100 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, July 2010: AED 1,753,888 (AED 1,249 per sqft)

1301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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, March 2013: AED 125,000 a yearNew contract, August 2017: AED 145,000 a yearRenewal, August 2018: AED 145,000 a yearNew contract, August 2019: AED 120,000 a yearRenewal, August 2020: AED 115,000 a yearRenewal, August 2021: AED 115,000 a yearRenewal, August 2022: AED 122,000 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 1301 sits

All 77 2-beds →

1301 last sold in July 2010 at AED 1,249 per sqft, 8% above what two-beds in Fairways East Tower were fetching at the time (AED 1,156). 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. 1301's AED 122,000 is at the bottom 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 13th floor

All 181 units in Fairways East Tower
Value
13021-bedAED 1.06M · Jul 2010
13032-bedAED 1.73M · Oct 2012
13042-bedAED 1.53M · Oct 2009
13051-bedAED 351K · Mar 2011
13061-bedAED 998K · Sep 2009
13071-bedAED 1.4M · May 2023

1301, Fairways East Tower in numbers

  • Sold once: by Emaar on 19 July 2010 for AED 1,753,888, or AED 1,249 per sqft.
  • Rented since March 2013 on 7 Ejari contracts, from AED 125,000 to AED 122,000 a year.
  • At AED 122,000 a year the gross yield on the 2010 price is 7.0%, 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 15 August 2022.

Questions about 1301, Fairways East Tower

What did unit 1301 last sell for?

AED 1,753,888 on 19 July 2010, sold by the developer: AED 1,249 per sqft for 1,404 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 122,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 115,000; the unit has been rented since March 2013.

How big is unit 1301?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 13th floor of a 27-storey tower completed in 2008.

What is unit 1301 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 1301, Fairways East Tower

Starts from the last sale price (AED 1.75M, 19 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,753,888
Deposit, UAE resident (20%)
AED 350,778
Deposit, non-resident (40%)
AED 701,555
Monthly over 25 years at 3.7%
AED 7,176

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