2-bed · 1,377 sqftFairways East Tower, The Views · 20th floor · completed 2008

2004, Fairways East Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 1 February 2020
Last soldAED 1.65M3 August 2010
Current rentAED 130K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Fairways East Tower

What is 2004 worth today?

Last sold for AED 1,649,888 in 2010

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1 Feb 2020RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
1 Feb 2019RentedNew contract
AED 138,000/yr12 months · AED 100 per sqft
24 Dec 2017RentedNew contract
AED 155,000/yr12 months · AED 112 per sqft
3 Aug 2010Sold by developerReady
AED 1,649,888AED 1,198 per sqft

Source: Dubai Land Department. Updated 1 February 2020.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
20th of 27
Parking
P-39
Developer
Emaar
Completed
2008
Service charge
AED 22,700 /yr
Last sold
AED 1.65M · August 2010

About 2004, Fairways East Tower

2004 is a two-bedroom apartment of 1,377 sqft on the 20th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 3 August 2010 for AED 1,649,888, or AED 1,198 per sqft, 4% above the AED 1,156 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 130,000 a year: a gross yield of 7.9% on the 2010 price, before the service charge of about AED 22,700 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, August 2010: AED 1,649,888 (AED 1,198 per sqft)

2004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, 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, December 2017: AED 155,000 a yearNew contract, February 2019: AED 138,000 a yearRenewal, February 2020: AED 130,000 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 2004 sits

All 77 2-beds →

2004 last sold in August 2010 at AED 1,198 per sqft, 4% 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. 2004's AED 130,000 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 20th floor

All 181 units in Fairways East Tower
Value
20012-bedAED 1.86M · Sep 2010
20021-bedAED 1.48M · Dec 2021
20032-bedAED 1.83M · Apr 2010
20051-bedAED 1.17M · May 2022
20061-bedAED 1.06M · Jul 2010
20071-bedAED 1.75M · Jul 2024

2004, Fairways East Tower in numbers

  • Sold once: by Emaar on 3 August 2010 for AED 1,649,888, or AED 1,198 per sqft.
  • Rented since December 2017 on 3 Ejari contracts, from AED 155,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 7.9%, before a service charge of about AED 22,700 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 1 February 2020.

Questions about 2004, Fairways East Tower

What did unit 2004 last sell for?

AED 1,649,888 on 3 August 2010, sold by the developer: AED 1,198 per sqft for 1,377 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 130,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 138,000; the unit has been rented since December 2017.

How big is unit 2004?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 20th floor of a 27-storey tower completed in 2008.

What is unit 2004 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 2004, Fairways East Tower

Starts from the last sale price (AED 1.65M, 3 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,649,888
Deposit, UAE resident (20%)
AED 329,978
Deposit, non-resident (40%)
AED 659,955
Monthly over 25 years at 3.7%
AED 6,750

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