2-bed · 1,471 sqftFairways East Tower, The Views · 25th floor · completed 2008

2503, Fairways East Tower

Sold prices and rental history: sold 3 times, last in June 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 21 June 2018
Last soldAED 2.35M21 June 2018
Current rentAED 165K /yr8 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Fairways East Tower

What is 2503 worth today?

Last sold for AED 2,350,000 in 2018

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21 Jun 2018SoldReady
AED 2,350,000AED 1,597 per sqft
8 Jun 2017RentedNew contract
AED 165,000/yr12 months · AED 112 per sqft
24 Apr 2016RentedRenewal
AED 69,231/yr13 months · AED 47 per sqft
24 Oct 2015RentedNew contract
AED 210,000/yr6 months · AED 142 per sqft
19 Feb 2013SoldReady
AED 1,075,000AED 730 per sqft
25 Mar 2012RentedNew contract
AED 115,000/yr12 months · AED 78 per sqft
7 Oct 2010Sold by developerReady
AED 2,088,888AED 1,420 per sqft

Source: Dubai Land Department. Updated 21 June 2018.

Key facts

Type
2-bed apartment
Size
1,471 sqft
Floor
25th of 27
Parking
P-77
Developer
Emaar
Completed
2008
Service charge
AED 24,200 /yr
Last sold
AED 2.35M · June 2018

About 2503, Fairways East Tower

2503 is a two-bedroom apartment of 1,471 sqft on the 25th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 21 June 2018 for AED 2,350,000, or AED 1,597 per sqft, 4% above the AED 1,529 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 8 June 2017, is AED 165,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 24,200 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, October 2010: AED 2,088,888 (AED 1,420 per sqft)Sold, February 2013: AED 1,075,000 (AED 730 per sqft)Sold, June 2018: AED 2,350,000 (AED 1,597 per sqft)

2503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, each contractTypical two-bed in Fairways East Tower
100K200K2012201620202024Typical 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 2012: AED 115,000 a yearNew contract, October 2015: AED 210,000 a yearRenewal, April 2016: AED 69,231 a yearNew contract, June 2017: AED 165,000 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 2503 sits

All 77 2-beds →

2503 last sold in June 2018 at AED 1,597 per sqft, 4% above what two-beds in Fairways East Tower were fetching at the time (AED 1,529). 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. 2503's AED 165,000 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 25th floor

All 181 units in Fairways East Tower
Value
25012-bedAED 2.95M · Mar 2025
25021-bedAED 1.5M · May 2023
25042-bedAED 1.71M · Jul 2010
25051-bedAED 1.4M · Jul 2013
25061-bedAED 1.55M · May 2023
25071-bedAED 1.9M · Jul 2025

2503, Fairways East Tower in numbers

  • Sold 3 times: first on 7 October 2010 for AED 2,088,888, last on 21 June 2018 for AED 2,350,000 (AED 1,597 per sqft).
  • Rented since March 2012 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 69,231 in 2016 and recovered to AED 165,000 by June 2017.
  • At AED 165,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 24,200 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 21 June 2018.

Questions about 2503, Fairways East Tower

What did unit 2503 last sell for?

AED 2,350,000 on 21 June 2018: AED 1,597 per sqft for 1,471 sqft. The unit has 3 registered sales; the first was AED 2,088,888 in October 2010.

What is the rent for unit 2503?

AED 165,000 a year on the contract signed on 8 June 2017. The previous contract, from April 2016, was AED 69,231; the unit has been rented since March 2012.

How big is unit 2503?

1,471 sqft (136.7 sqm): a two-bedroom apartment on the 25th floor of a 27-storey tower completed in 2008.

What is unit 2503 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 2503, Fairways East Tower

Starts from the last sale price (AED 2.35M, 21 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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