2-bed · 1,377 sqftFairways East Tower, The Views · 23rd floor · completed 2008

2304, Fairways East Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 16 September 2022
Last soldAED 1M16 September 2022
Current rentAED 100K /yr8 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Fairways East Tower

What is 2304 worth today?

Last sold for AED 1,000,000 in 2022

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16 Sep 2022SoldReady
AED 1,000,000AED 726 per sqft
8 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
1 Feb 2021SoldReady
AED 1,560,000AED 1,132 per sqft
1 Jul 2018RentedNew contract
AED 128,000/yr12 months · AED 93 per sqft
7 Apr 2017RentedRenewal
AED 165,000/yr12 months · AED 120 per sqft
7 Apr 2016RentedRenewal
AED 165,000/yr12 months · AED 120 per sqft
7 Apr 2015RentedNew contract
AED 165,000/yr12 months · AED 120 per sqft
7 Apr 2014RentedNew contract
AED 165,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 16 September 2022.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
23rd of 27
Parking
P-42
Developer
Emaar
Completed
2008
Service charge
AED 22,700 /yr
Last sold
AED 1M · September 2022

About 2304, Fairways East Tower

2304 is a two-bedroom apartment of 1,377 sqft on the 23rd floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 16 September 2022 for AED 1,000,000, or AED 726 per sqft, 50% below the AED 1,441 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 8 March 2021, is AED 100,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 22,700 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical two-bed in Fairways East Tower
2M2009201420192024Typical 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 1,684,888 (AED 1,223 per sqft)Sold, February 2021: AED 1,560,000 (AED 1,132 per sqft)Sold, September 2022: AED 1,000,000 (AED 726 per sqft)

2304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, each contractTypical two-bed in Fairways East Tower
100K150K2012201620202024Typical 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, April 2014: AED 165,000 a yearNew contract, April 2015: AED 165,000 a yearRenewal, April 2016: AED 165,000 a yearRenewal, April 2017: AED 165,000 a yearNew contract, July 2018: AED 128,000 a yearNew contract, March 2021: AED 100,000 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 2304 sits

All 77 2-beds →

2304 last sold in September 2022 at AED 726 per sqft, 50% below what two-beds in Fairways East Tower were fetching at the time (AED 1,441). 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. 2304's AED 100,000 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 23rd floor

All 181 units in Fairways East Tower
Value
23012-bedAED 2.2M · Sep 2023
23021-bedAED 1.55M · Mar 2016
23032-bedAED 2.19M · Feb 2025
23051-bedAED 1.15M · May 2019
23061-bedAED 2.35M · Oct 2026
23071-bedAED 1.24M · Aug 2020

2304, Fairways East Tower in numbers

  • Sold 3 times: first on 14 July 2010 for AED 1,684,888, last on 16 September 2022 for AED 1,000,000 (AED 726 per sqft).
  • Rented since April 2014 on 6 Ejari contracts, from AED 165,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 10.0%, 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 16 September 2022.

Questions about 2304, Fairways East Tower

What did unit 2304 last sell for?

AED 1,000,000 on 16 September 2022: AED 726 per sqft for 1,377 sqft. The unit has 3 registered sales; the first was AED 1,684,888 in July 2010.

What is the rent for unit 2304?

AED 100,000 a year on the contract signed on 8 March 2021. The previous contract, from July 2018, was AED 128,000; the unit has been rented since April 2014.

How big is unit 2304?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2008.

What is unit 2304 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 2304, Fairways East Tower

Starts from the last sale price (AED 1M, 16 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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