701, Fairways East Tower
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Fairways East Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 18 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,404 sqft
- Floor
- 7th of 27
- Parking
- P-21
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 23,100 /yr
- Last sold
- AED 2.53M · February 2015
- Building
- Fairways East Tower
About 701, Fairways East Tower
701 is a two-bedroom apartment of 1,404 sqft on the 7th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 9 February 2015 for AED 2,530,000, or AED 1,801 per sqft, 11% below the AED 2,017 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 18 April 2024, is AED 135,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 23,100 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 77 2-beds →701 last sold in February 2015 at AED 1,801 per sqft, 11% below what two-beds in Fairways East Tower were fetching at the time (AED 2,017). 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. 701's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,471 sqft | 3,525,000 | 2,396 | ||
| 5 May 20265 May 2026 | 1,377 sqft | 3,050,000 | 2,214 | ||
| 24 Feb 202624 February 2026 | 1,404 sqft | 3,750,000 | 2,670 | ||
| 19 Feb 202619 February 2026 | 1,377 sqft | 3,150,000 | 2,287 |
Fairways East Tower
Building181 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%
Other units on the 7th floor
All 181 units in Fairways East Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 850 sqft | AED 841KAED 840,888 · Apr 2011April 2011 | 106,000 /yr | |
| 703 | 2-bed | 1,471 sqft | AED 2.5MAED 2,500,000 · May 2017May 2017 | 168,000 /yr | |
| 704 | 2-bed | 1,377 sqft | AED 2.15MAED 2,150,000 · Feb 2017February 2017 | 154,350 /yr | |
| 705 | 1-bed | 847 sqft | AED 666KAED 665,888 · Nov 2009November 2009 | 110,000 /yr | |
| 706 | 1-bed | 1,030 sqft | AED 942KAED 941,888 · Dec 2009December 2009 | 120,000 /yr | |
| 707 | 1-bed | 981 sqft | AED 976KAED 975,888 · Dec 2015December 2015 | 93,500 /yr |
701, Fairways East Tower in numbers
- Sold twice: first on 10 February 2011 for AED 753,944, last on 9 February 2015 for AED 2,530,000 (AED 1,801 per sqft).
- Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2021 and recovered to AED 135,000 by April 2024.
- At AED 135,000 a year the gross yield on the 2015 price is 5.3%, 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 18 April 2024.
Questions about 701, Fairways East Tower
What did unit 701 last sell for?
AED 2,530,000 on 9 February 2015: AED 1,801 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 753,944 in February 2011.
What is the rent for unit 701?
AED 135,000 a year on the contract renewed on 18 April 2024. The previous contract, from April 2023, was AED 135,000; the unit has been rented since February 2015.
How big is unit 701?
1,404 sqft (130.4 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2008.
What is unit 701 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 701, Fairways East Tower
Starts from the last sale price (AED 2.53M, 9 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,530,000
- Deposit, UAE resident (20%)
- AED 506,000
- Deposit, non-resident (40%)
- AED 1,012,000
- Monthly over 25 years at 3.7%
- AED 10,351
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →