2-bed · 1,404 sqftFairways East Tower, The Views · 5th floor · completed 2008

501, Fairways East Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 2.65M25 March 2024
Current rentAED 156K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Fairways East Tower

What is 501 worth today?

Last sold for AED 2,650,000 in 2024

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25 Aug 2024RentedNew contract
AED 156,279/yr6 months · AED 111 per sqft
25 Mar 2024SoldReady
AED 2,650,000AED 1,887 per sqft
1 Oct 2023RentedRenewal
AED 145,000/yr12 months · AED 104 per sqft
1 Oct 2022RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
23 Jun 2022SoldReady
AED 2,000,000AED 1,424 per sqft
20 Aug 2021RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
20 Aug 2020RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
18 Aug 2018RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
5th of 27
Parking
P-19
Developer
Emaar
Completed
2008
Service charge
AED 23,100 /yr
Last sold
AED 2.65M · March 2024

About 501, Fairways East Tower

501 is a two-bedroom apartment of 1,404 sqft on the 5th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 25 March 2024 for AED 2,650,000, or AED 1,887 per sqft, in line with the AED 1,887 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 25 August 2024, is AED 156,279 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 23,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, May 2010: AED 814,444 (AED 580 per sqft)Sold, June 2022: AED 2,000,000 (AED 1,424 per sqft)Sold, March 2024: AED 2,650,000 (AED 1,887 per sqft)

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

Rents
Unit 501, 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, July 2014: AED 160,000 a yearRenewal, July 2015: AED 160,000 a yearNew contract, August 2016: AED 160,000 a yearNew contract, August 2018: AED 135,000 a yearNew contract, August 2020: AED 105,000 a yearRenewal, August 2021: AED 105,000 a yearNew contract, October 2022: AED 140,000 a yearRenewal, October 2023: AED 145,000 a yearNew contract, August 2024: AED 156,279 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 501 sits

All 77 2-beds →

501 last sold in March 2024 at AED 1,887 per sqft, in line with what two-beds in Fairways East Tower were fetching at the time (AED 1,887). 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. 501's AED 156,279 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 5th floor

All 181 units in Fairways East Tower
Value
5021-bedAED 2.1M · Dec 2025
5032-bedAED 1.61M · Jul 2010
5042-bedAED 1.3M · Oct 2009
5051-bedAED 900K · Nov 2019
5061-bedAED 781K · Feb 2011
5071-bedAED 1.84M · Oct 2025

501, Fairways East Tower in numbers

  • Sold 3 times: first on 18 May 2010 for AED 814,444, last on 25 March 2024 for AED 2,650,000 (AED 1,887 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2021 and recovered to AED 156,279 by August 2024.
  • At AED 156,279 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 23,100 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 25 August 2024.

Questions about 501, Fairways East Tower

What did unit 501 last sell for?

AED 2,650,000 on 25 March 2024: AED 1,887 per sqft for 1,404 sqft. The unit has 3 registered sales; the first was AED 814,444 in May 2010.

What is the rent for unit 501?

AED 156,279 a year on the contract signed on 25 August 2024. The previous contract, from October 2023, was AED 145,000; the unit has been rented since July 2014.

How big is unit 501?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2008.

What is unit 501 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 501, Fairways East Tower

Starts from the last sale price (AED 2.65M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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