2-bed · 1,471 sqftFairways East Tower, The Views · 5th floor · completed 2008

503, Fairways East Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.61M14 July 2010
Current rentAED 128K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Fairways East Tower

What is 503 worth today?

Last sold for AED 1,613,888 in 2010

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1 Sep 2023RentedRenewal
AED 127,692/yr8 months · AED 87 per sqft
1 Sep 2022RentedRenewal
AED 128,000/yr12 months · AED 87 per sqft
1 Sep 2021RentedNew contract
AED 128,000/yr12 months · AED 87 per sqft
15 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
25 Sep 2019RentedNew contract
AED 140,000/yr12 months · AED 95 per sqft
21 Sep 2018RentedRenewal
AED 146,000/yr12 months · AED 99 per sqft
21 Sep 2017RentedRenewal
AED 170,000/yr12 months · AED 115 per sqft
21 Sep 2016RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,471 sqft
Floor
5th of 27
Parking
P-104
Developer
Emaar
Completed
2008
Service charge
AED 24,200 /yr
Last sold
AED 1.61M · July 2010

About 503, Fairways East Tower

503 is a two-bedroom apartment of 1,471 sqft on the 5th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 14 July 2010 for AED 1,613,888, or AED 1,097 per sqft, in line with the AED 1,111 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 127,692 a year: a gross yield of 7.9% on the 2010 price, before the service charge of about AED 24,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Fairways East Tower
2M3M2009201420192024Typical 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 1,613,888 (AED 1,097 per sqft)

503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, 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, June 2013: AED 160,000 a yearNew contract, June 2015: AED 168,000 a yearRenewal, June 2016: AED 168,000 a yearNew contract, September 2016: AED 170,000 a yearRenewal, September 2017: AED 170,000 a yearRenewal, September 2018: AED 146,000 a yearNew contract, September 2019: AED 140,000 a yearNew contract, August 2020: AED 110,000 a yearNew contract, September 2021: AED 128,000 a yearRenewal, September 2022: AED 128,000 a yearRenewal, September 2023: AED 127,692 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 503 sits

All 77 2-beds →

503 last sold in July 2010 at AED 1,097 per sqft, in line with what two-beds in Fairways East Tower were fetching at the time (AED 1,111). 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. 503's AED 127,692 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 5th floor

All 181 units in Fairways East Tower
Value
5012-bedAED 2.65M · Mar 2024
5021-bedAED 2.1M · Dec 2025
5042-bedAED 1.3M · Oct 2009
5051-bedAED 900K · Nov 2019
5061-bedAED 781K · Feb 2011
5071-bedAED 1.84M · Oct 2025

503, Fairways East Tower in numbers

  • Sold once: by Emaar on 14 July 2010 for AED 1,613,888, or AED 1,097 per sqft.
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 110,000 in 2020 and recovered to AED 127,692 by September 2023.
  • At AED 127,692 a year the gross yield on the 2010 price is 7.9%, 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 1 September 2023.

Questions about 503, Fairways East Tower

What did unit 503 last sell for?

AED 1,613,888 on 14 July 2010, sold by the developer: AED 1,097 per sqft for 1,471 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 127,692 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 128,000; the unit has been rented since June 2013.

How big is unit 503?

1,471 sqft (136.7 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2008.

What is unit 503 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 503, Fairways East Tower

Starts from the last sale price (AED 1.61M, 14 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,613,888
Deposit, UAE resident (20%)
AED 322,778
Deposit, non-resident (40%)
AED 645,555
Monthly over 25 years at 3.7%
AED 6,603

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