411, Fairways Lofts
Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 411, Fairways Lofts
What is 411 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,777 sqft
- Floor
- 4th of 4
- Parking
- P2-8
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,300 /yr
- Last sold
- AED 3.13M · March 2024
- Building
- Fairways Lofts
About 411, Fairways Lofts
411 is a two-bedroom apartment of 1,777 sqft on the 4th floor of Fairways Lofts, a 4-storey tower in The Views completed in 2008 by Emaar. It last sold on 8 March 2024 for AED 3,125,000, or AED 1,758 per sqft, 6% above the AED 1,658 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 136,008 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 29,300 a year.
Sales and rents for 411 over time
411 has sold 4 times; 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 Lofts, and where 411 sits
All 11 2-beds →411 last sold in March 2024 at AED 1,758 per sqft, 6% above what two-beds in Fairways Lofts were fetching at the time (AED 1,658). 411's AED 136,008 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Nov 202317 November 2023 | 1,930 sqft | 3,200,000 | 1,658 | ||
| 10 Aug 202310 August 2023 | 1,927 sqft | 3,000,000 | 1,556 | ||
| 17 Aug 202117 August 2021 | 1,930 sqft | 2,700,000 | 1,398 | ||
| 10 Dec 202010 December 2020 | 2,013 sqft | 1,950,000 | 968 |
Fairways Lofts
Building22 apartments, 1-bed to 2-bed over 4 floors in The Views, completed in 2008 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,795
- Typical sale
- AED 2.3M
- Typical rent
- AED 140K /yr
- Typical yield
- 6.0%
Other units on the 4th floor
All 22 units in Fairways Lofts| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,777 sqft | AED 1.59MAED 1,594,888 · Jan 2016January 2016 | 160,000 /yr | |
| 402 | 2-bed | 1,930 sqft | AED 3.2MAED 3,200,000 · Nov 2023November 2023 | 156,000 /yr | |
| 403 | 2-bed | 1,927 sqft | AED 3MAED 3,000,000 · Aug 2023August 2023 | 130,000 /yr | |
| 404 | 2-bed | 1,926 sqft | AED 900KAED 900,000 · Nov 2010November 2010 | 230,000 /yr | |
| 405 | 2-bed | 1,927 sqft | AED 900KAED 900,000 · Nov 2010November 2010 | 210,000 /yr | |
| 406 | 2-bed | 1,920 sqft | AED 2.8MAED 2,800,000 · Dec 2016December 2016 | ||
| 407 | 2-bed | 2,013 sqft | AED 1.95MAED 1,950,000 · Dec 2020December 2020 | 160,000 /yr | |
| 408 | 2-bed | 1,926 sqft | AED 2.65MAED 2,650,000 · Sep 2013September 2013 | 275,000 /yr | |
| 409 | 2-bed | 1,927 sqft | AED 2.7MAED 2,700,000 · Jul 2019July 2019 | ||
| 410 | 2-bed | 1,930 sqft | AED 2.7MAED 2,700,000 · Aug 2021August 2021 | 155,418 /yr |
411, Fairways Lofts in numbers
- Sold 4 times: first on 5 August 2009 for AED 1,594,888, last on 8 March 2024 for AED 3,125,000 (AED 1,758 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 130,000 to AED 136,008 a year.
- At AED 136,008 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 29,300 a year (AED 16.48 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about 411, Fairways Lofts
What did unit 411 last sell for?
AED 3,125,000 on 8 March 2024: AED 1,758 per sqft for 1,777 sqft. The unit has 4 registered sales; the first was AED 1,594,888 in August 2009.
What is the rent for unit 411?
AED 136,008 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 130,000; the unit has been rented since September 2022.
How big is unit 411?
1,777 sqft (165.1 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2008.
What is unit 411 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 411, Fairways Lofts
Starts from the last sale price (AED 3.13M, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,125,000
- Deposit, UAE resident (20%)
- AED 625,000
- Deposit, non-resident (40%)
- AED 1,250,000
- Monthly over 25 years at 3.7%
- AED 12,785
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →