2-bed · 1,404 sqftFairways East Tower, The Views · 9th floor · completed 2008

901, Fairways East Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 4 July 2022
Last soldAED 2.1M4 July 2022
Current rentAED 90K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Fairways East Tower

What is 901 worth today?

Last sold for AED 2,100,000 in 2022

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4 Jul 2022SoldReady
AED 2,100,000AED 1,495 per sqft
15 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
15 Jun 2018RentedNew contract
AED 171,200/yr12 months · AED 122 per sqft
2 May 2016SoldReady
AED 2,550,000AED 1,816 per sqft
11 May 2015RentedNew contract
AED 175,000/yr12 months · AED 125 per sqft
2 Apr 2014RentedRenewal
AED 144,900/yr12 months · AED 104 per sqft
2 Apr 2013RentedNew contract
AED 138,000/yr12 months · AED 99 per sqft
2 Jan 2013Sold by developerReady
AED 1,536,888AED 1,094 per sqft

Source: Dubai Land Department. Updated 4 July 2022.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
9th of 27
Parking
P-23
Developer
Emaar
Completed
2008
Service charge
AED 23,100 /yr
Last sold
AED 2.1M · July 2022

About 901, Fairways East Tower

901 is a two-bedroom apartment of 1,404 sqft on the 9th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 4 July 2022 for AED 2,100,000, or AED 1,495 per sqft, in line with the AED 1,452 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 December 2020, is AED 90,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 23,100 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, January 2013: AED 1,536,888 (AED 1,094 per sqft)Sold, May 2016: AED 2,550,000 (AED 1,816 per sqft)Sold, July 2022: AED 2,100,000 (AED 1,495 per sqft)

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

Rents
Unit 901, 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, April 2013: AED 138,000 a yearRenewal, April 2014: AED 144,900 a yearNew contract, May 2015: AED 175,000 a yearNew contract, June 2018: AED 171,200 a yearNew contract, December 2020: AED 90,000 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 901 sits

All 77 2-beds →

901 last sold in July 2022 at AED 1,495 per sqft, in line with what two-beds in Fairways East Tower were fetching at the time (AED 1,452). 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. 901's AED 90,000 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 9th floor

All 181 units in Fairways East Tower
Value
9021-bedAED 1.58M · Mar 2016
9032-bedAED 3.2M · May 2024
9042-bedAED 1.38M · Feb 2013
9051-bedAED 678K · Sep 2009
9061-bedAED 813K · Sep 2009
9071-bedAED 995K · Jan 2013

901, Fairways East Tower in numbers

  • Sold 3 times: first on 2 January 2013 for AED 1,536,888, last on 4 July 2022 for AED 2,100,000 (AED 1,495 per sqft).
  • Rented since April 2013 on 5 Ejari contracts, from AED 138,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.3%, 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 4 July 2022.

Questions about 901, Fairways East Tower

What did unit 901 last sell for?

AED 2,100,000 on 4 July 2022: AED 1,495 per sqft for 1,404 sqft. The unit has 3 registered sales; the first was AED 1,536,888 in January 2013.

What is the rent for unit 901?

AED 90,000 a year on the contract signed on 15 December 2020. The previous contract, from June 2018, was AED 171,200; the unit has been rented since April 2013.

How big is unit 901?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2008.

What is unit 901 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 901, Fairways East Tower

Starts from the last sale price (AED 2.1M, 4 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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