2-bed · 1,471 sqftFairways East Tower, The Views · 9th floor · completed 2008

903, Fairways East Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 3.2M8 May 2024
Current rentAED 120K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Fairways East Tower

What is 903 worth today?

Last sold for AED 3,200,000 in 2024

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8 May 2024SoldReady
AED 3,200,000AED 2,175 per sqft
10 Aug 2023RentedRenewal
AED 120,117/yr9 months · AED 82 per sqft
10 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
10 Aug 2021RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
17 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
7 Sep 2020SoldReady
AED 1,850,000AED 1,257 per sqft
3 Apr 2019Sold by developerReady
AED 1,414,888AED 961 per sqft
1 Apr 2019RentedNew contract
AED 160,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
2-bed apartment
Size
1,471 sqft
Floor
9th of 27
Parking
P-100
Developer
Emaar
Completed
2008
Service charge
AED 24,200 /yr
Last sold
AED 3.2M · May 2024

About 903, Fairways East Tower

903 is a two-bedroom apartment of 1,471 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 8 May 2024 for AED 3,200,000, or AED 2,175 per sqft, 15% above the AED 1,887 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 120,117 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 24,200 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, April 2019: AED 1,414,888 (AED 961 per sqft)Sold, September 2020: AED 1,850,000 (AED 1,257 per sqft)Sold, May 2024: AED 3,200,000 (AED 2,175 per sqft)

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

Rents
Unit 903, each contractTypical two-bed in Fairways East Tower
125K150K175K2012201620202024Typical 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 2019: AED 160,000 a yearNew contract, September 2020: AED 120,000 a yearNew contract, August 2021: AED 120,000 a yearNew contract, August 2022: AED 120,000 a yearRenewal, August 2023: AED 120,117 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 903 sits

All 77 2-beds →

903 last sold in May 2024 at AED 2,175 per sqft, 15% above 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. 903's AED 120,117 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
9012-bedAED 2.1M · Jul 2022
9021-bedAED 1.58M · Mar 2016
9042-bedAED 1.38M · Feb 2013
9051-bedAED 678K · Sep 2009
9061-bedAED 813K · Sep 2009
9071-bedAED 995K · Jan 2013

903, Fairways East Tower in numbers

  • Sold 3 times: first on 3 April 2019 for AED 1,414,888, last on 8 May 2024 for AED 3,200,000 (AED 2,175 per sqft).
  • Rented since April 2019 on 5 Ejari contracts, from AED 160,000 to AED 120,117 a year.
  • At AED 120,117 a year the gross yield on the 2024 price is 3.8%, 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 8 May 2024.

Questions about 903, Fairways East Tower

What did unit 903 last sell for?

AED 3,200,000 on 8 May 2024: AED 2,175 per sqft for 1,471 sqft. The unit has 3 registered sales; the first was AED 1,414,888 in April 2019.

What is the rent for unit 903?

AED 120,117 a year on the contract renewed on 10 August 2023. The previous contract, from August 2022, was AED 120,000; the unit has been rented since April 2019.

How big is unit 903?

1,471 sqft (136.7 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2008.

What is unit 903 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 903, Fairways East Tower

Starts from the last sale price (AED 3.2M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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