1-bed · 850 sqftFairways East Tower, The Views · 26th floor · completed 2008

2602, Fairways East Tower

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 1.87M26 April 2024
Current rentAED 98K /yr9 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Fairways East Tower

What is 2602 worth today?

Last sold for AED 1,870,000 in 2024

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26 Apr 2024SoldReady
AED 1,870,000AED 2,199 per sqft
25 Jul 2023SoldReady
AED 1,630,000AED 1,917 per sqft
18 May 2022SoldReady
AED 1,400,000AED 1,646 per sqft
9 May 2022RentedRenewal
AED 98,000/yr12 months · AED 115 per sqft
9 May 2021RentedRenewal
AED 90,000/yr12 months · AED 106 per sqft
9 May 2020RentedRenewal
AED 95,000/yr12 months · AED 112 per sqft
9 May 2019RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
6 May 2018RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
26th of 27
Parking
G-85
Developer
Emaar
Completed
2008
Service charge
AED 14,000 /yr
Last sold
AED 1.87M · April 2024

About 2602, Fairways East Tower

2602 is a one-bedroom apartment of 850 sqft on the 26th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 26 April 2024 for AED 1,870,000, or AED 2,199 per sqft, 44% above the AED 1,529 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 9 May 2022, is AED 98,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 14,000 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical one-bed in Fairways East Tower
1M1.5M2M2009201420192024Typical 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, March 2011: AED 1,217,888 (AED 1,432 per sqft)Sold, May 2022: AED 1,400,000 (AED 1,646 per sqft)Sold, July 2023: AED 1,630,000 (AED 1,917 per sqft)Sold, April 2024: AED 1,870,000 (AED 2,199 per sqft)

2602 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2602, each contractTypical one-bed in Fairways East Tower
80K100K120K2012201620202024Typical 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, April 2012: AED 85,000 a yearRenewal, April 2013: AED 85,000 a yearRenewal, April 2014: AED 90,000 a yearNew contract, May 2015: AED 115,000 a yearNew contract, May 2016: AED 117,500 a yearRenewal, May 2017: AED 117,500 a yearNew contract, May 2018: AED 105,000 a yearNew contract, May 2019: AED 100,000 a yearRenewal, May 2020: AED 95,000 a yearRenewal, May 2021: AED 90,000 a yearRenewal, May 2022: AED 98,000 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 2602 sits

All 104 1-beds →

2602 last sold in April 2024 at AED 2,199 per sqft, 44% above what one-beds in Fairways East Tower were fetching at the time (AED 1,529). 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. 2602's AED 98,000 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 26th floor

All 181 units in Fairways East Tower
Value
26012-bedAED 2.5M · Feb 2023
26032-bedAED 3.05M · Feb 2014
26042-bedAED 2.55M · Jan 2024
26051-bedAED 780K · Sep 2011
26061-bedAED 1.6M · Apr 2018
26071-bedAED 1.27M · Jul 2010

2602, Fairways East Tower in numbers

  • Sold 4 times: first on 31 March 2011 for AED 1,217,888, last on 26 April 2024 for AED 1,870,000 (AED 2,199 per sqft).
  • Rented since April 2012 on 11 Ejari contracts, from AED 85,000 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2024 price is 5.2%, 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 26 April 2024.

Questions about 2602, Fairways East Tower

What did unit 2602 last sell for?

AED 1,870,000 on 26 April 2024: AED 2,199 per sqft for 850 sqft. The unit has 4 registered sales; the first was AED 1,217,888 in March 2011.

What is the rent for unit 2602?

AED 98,000 a year on the contract renewed on 9 May 2022. The previous contract, from May 2021, was AED 90,000; the unit has been rented since April 2012.

How big is unit 2602?

850 sqft (79.0 sqm): a one-bedroom apartment on the 26th floor of a 27-storey tower completed in 2008.

What is unit 2602 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 2602, Fairways East Tower

Starts from the last sale price (AED 1.87M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,000
Deposit, UAE resident (20%)
AED 374,000
Deposit, non-resident (40%)
AED 748,000
Monthly over 25 years at 3.7%
AED 7,651

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