1-bed · 847 sqftFairways East Tower, The Views · 20th floor · completed 2008

2005, Fairways East Tower

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 27 May 2022
Last soldAED 1.17M27 May 2022
Current rentAED 75K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, Fairways East Tower

What is 2005 worth today?

Last sold for AED 1,170,000 in 2022

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27 May 2022SoldReady
AED 1,170,000AED 1,381 per sqft
1 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
8 Sep 2017RentedRenewal
AED 100,000/yr12 months · AED 118 per sqft
8 Sep 2016RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
26 Aug 2013Sold by developerReady
AED 743,888AED 878 per sqft
20 Aug 2013RentedNew contract
AED 85,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 27 May 2022.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
20th of 27
Parking
G-35
Developer
Emaar
Completed
2008
Service charge
AED 14,000 /yr
Last sold
AED 1.17M · May 2022

About 2005, Fairways East Tower

2005 is a one-bedroom apartment of 847 sqft on the 20th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 27 May 2022 for AED 1,170,000, or AED 1,381 per sqft, 9% below the AED 1,517 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 September 2019, is AED 75,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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 2013: AED 743,888 (AED 878 per sqft)Sold, May 2022: AED 1,170,000 (AED 1,381 per sqft)

2005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2005, 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, August 2013: AED 85,000 a yearNew contract, September 2016: AED 100,000 a yearRenewal, September 2017: AED 100,000 a yearNew contract, September 2019: AED 75,000 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 2005 sits

All 104 1-beds →

2005 last sold in May 2022 at AED 1,381 per sqft, 9% below what one-beds in Fairways East Tower were fetching at the time (AED 1,517). 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. 2005's AED 75,000 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 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
20042-bedAED 1.65M · Aug 2010
20061-bedAED 1.06M · Jul 2010
20071-bedAED 1.75M · Jul 2024

2005, Fairways East Tower in numbers

  • Sold twice: first on 26 August 2013 for AED 743,888, last on 27 May 2022 for AED 1,170,000 (AED 1,381 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 85,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 6.4%, 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 27 May 2022.

Questions about 2005, Fairways East Tower

What did unit 2005 last sell for?

AED 1,170,000 on 27 May 2022: AED 1,381 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 743,888 in August 2013.

What is the rent for unit 2005?

AED 75,000 a year on the contract signed on 1 September 2019. The previous contract, from September 2017, was AED 100,000; the unit has been rented since August 2013.

How big is unit 2005?

847 sqft (78.7 sqm): a one-bedroom apartment on the 20th floor of a 27-storey tower completed in 2008.

What is unit 2005 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 2005, Fairways East Tower

Starts from the last sale price (AED 1.17M, 27 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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