1-bed · 1,085 sqftFairways North Tower, The Views · 10th floor · completed 2008

1003, Fairways North Tower

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 28 July 2023
Last soldAED 858K3 October 2013
Current rentAED 92K /yr28 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Fairways North Tower

What is 1003 worth today?

Last sold for AED 857,888 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Jul 2023RentedRenewal
AED 92,000/yr12 months · AED 85 per sqft
28 Jul 2022RentedRenewal
AED 92,000/yr12 months · AED 85 per sqft
28 Jul 2021RentedRenewal
AED 76,650/yr12 months · AED 71 per sqft
28 Jul 2020RentedNew contract
AED 73,000/yr12 months · AED 67 per sqft
15 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
22 Nov 2014RentedNew contract
AED 130,000/yr12 months · AED 120 per sqft
19 Mar 2014RentedNew contract
AED 130,000/yr12 months · AED 120 per sqft
3 Oct 2013Sold by developerReady
AED 857,888AED 790 per sqft

Source: Dubai Land Department. Updated 28 July 2023.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
10th of 26
Parking
P1- 40
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 858K · October 2013

About 1003, Fairways North Tower

1003 is a one-bedroom apartment of 1,085 sqft on the 10th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 3 October 2013 for AED 857,888, or AED 790 per sqft, 39% below the AED 1,289 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 28 July 2023, is AED 92,000 a year: a gross yield of 10.7% on the 2013 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Fairways North Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 818,388; 2010 AED 764,888; 2011 AED 468,944; 2012 AED 920,000; 2013 AED 1,200,000; 2014 AED 1,600,000; 2015 AED 754,944; 2016 AED 1,350,000; 2017 AED 1,480,000; 2018 AED 1,360,000; 2019 AED 1,120,000; 2021 AED 1,320,000; 2022 AED 1,206,000; 2023 AED 1,380,000; 2024 AED 1,900,000; 2025 AED 1,765,000; 2026 AED 2,000,000Sold by developer, October 2013: AED 857,888 (AED 790 per sqft)

1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Fairways North Tower
100K2012201620202024Typical rent by year: 2012 AED 82,500; 2013 AED 91,000; 2014 AED 107,747; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 105,000; 2018 AED 91,000; 2019 AED 85,000; 2020 AED 74,599; 2021 AED 72,597; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 105,000; 2025 AED 108,000; 2026 AED 105,000New contract, March 2014: AED 130,000 a yearNew contract, November 2014: AED 130,000 a yearNew contract, June 2018: AED 110,000 a yearNew contract, July 2020: AED 73,000 a yearRenewal, July 2021: AED 76,650 a yearRenewal, July 2022: AED 92,000 a yearRenewal, July 2023: AED 92,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fairways North Tower, and where 1003 sits

All 94 1-beds →

1003 last sold in October 2013 at AED 790 per sqft, 39% below what one-beds in Fairways North Tower were fetching at the time (AED 1,289). Over the last 12 months one-beds sold for AED 1,695,000 to 2,480,000, around AED 2,178 per sqft, and rent for AED 75,000 to 160,000 a year. 1003's AED 92,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,790,000
2 Oct 20262,220,000
2 Oct 20261,910,000
28 Sep 20262,000,000
9 1-bed sales in the last 12 months

Fairways North Tower

Building

162 apartments, 1-bed to 2-bed over 26 floors in The Views, completed in 2008 by Emaar. 15 sold in the last 12 months.

Typical price per sqft
AED 2,168 Up 5.4%
Typical sale
AED 2.4M
Typical rent
AED 115K /yr
Typical yield
5.6%
Fairways North Tower, The Views: prices, sales and rents →

Other units on the 10th floor

All 162 units in Fairways North Tower
Value
10012-bedAED 1.88M · Apr 2022
10021-bedAED 1.68M · Sep 2023
10041-bedAED 605K · Jul 2010
10052-bedAED 2.5M · Apr 2017
10061-bedAED 934K · Sep 2009
10072-bedAED 2.5M · Jun 2013

1003, Fairways North Tower in numbers

  • Sold once: by Emaar on 3 October 2013 for AED 857,888, or AED 790 per sqft.
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 73,000 in 2020 and recovered to AED 92,000 by July 2023.
  • At AED 92,000 a year the gross yield on the 2013 price is 10.7%, before a service charge of about AED 17,900 a year (AED 16.48 per sqft).
  • One-beds in Fairways North Tower sold for AED 1,695,000–2,480,000 in the 12 months to November 2026; the building's median across all types is AED 2,168 per sqft.

Source: Dubai Land Department. Updated 28 July 2023.

Questions about 1003, Fairways North Tower

What did unit 1003 last sell for?

AED 857,888 on 3 October 2013, sold by the developer: AED 790 per sqft for 1,085 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 92,000 a year on the contract renewed on 28 July 2023. The previous contract, from July 2022, was AED 92,000; the unit has been rented since March 2014.

How big is unit 1003?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 10th floor of a 26-storey tower completed in 2008.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairways North Tower sold for AED 1,695,000 to 2,480,000 in the last 12 months, around AED 2,178 per sqft.

Selling 1003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1003, Fairways North Tower

Starts from the last sale price (AED 858K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 857,888
Deposit, UAE resident (20%)
AED 171,578
Deposit, non-resident (40%)
AED 343,155
Monthly over 25 years at 3.7%
AED 3,510

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