1-bed · 1,085 sqftFairways North Tower, The Views · 13th floor · completed 2008

1303, Fairways North Tower

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 2M30 April 2024
Current rentAED 116K /yr3 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Fairways North Tower

What is 1303 worth today?

Last sold for AED 2,000,000 in 2024

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30 Apr 2024SoldReady
AED 2,000,000AED 1,843 per sqft
3 Jun 2023RentedRenewal
AED 115,500/yr12 months · AED 106 per sqft
3 Jun 2022RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
1 Jun 2021RentedRenewal
AED 82,500/yr12 months · AED 76 per sqft
1 Jun 2020RentedRenewal
AED 88,000/yr12 months · AED 81 per sqft
1 Jun 2019RentedRenewal
AED 98,000/yr12 months · AED 90 per sqft
1 Jun 2018RentedNew contract
AED 107,000/yr12 months · AED 98 per sqft
16 Mar 2014RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
13th of 26
Parking
P1- 78
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 2M · April 2024

About 1303, Fairways North Tower

1303 is a one-bedroom apartment of 1,085 sqft on the 13th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 30 April 2024 for AED 2,000,000, or AED 1,843 per sqft, in line with the AED 1,843 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 3 June 2023, is AED 115,500 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, July 2010: AED 881,888 (AED 812 per sqft)Sold, December 2013: AED 1,750,000 (AED 1,612 per sqft)Sold, April 2024: AED 2,000,000 (AED 1,843 per sqft)

1303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Fairways North Tower
75K100K125K2012201620202024Typical 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 2013: AED 95,000 a yearNew contract, March 2014: AED 120,000 a yearNew contract, June 2018: AED 107,000 a yearRenewal, June 2019: AED 98,000 a yearRenewal, June 2020: AED 88,000 a yearRenewal, June 2021: AED 82,500 a yearNew contract, June 2022: AED 110,000 a yearRenewal, June 2023: AED 115,500 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 1303 sits

All 94 1-beds →

1303 last sold in April 2024 at AED 1,843 per sqft, in line with what one-beds in Fairways North Tower were fetching at the time (AED 1,843). 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. 1303's AED 115,500 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 13th floor

All 162 units in Fairways North Tower
Value
13012-bedAED 1.21M · Jul 2010
13021-bedAED 1.3M · Jun 2016
13041-bedAED 620K · Mar 2010
13052-bedAED 1.84M · Apr 2011
13061-bedAED 975K · Feb 2012
13072-bedAED 1.4M · Jul 2010

1303, Fairways North Tower in numbers

  • Sold 3 times: first on 18 July 2010 for AED 881,888, last on 30 April 2024 for AED 2,000,000 (AED 1,843 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 82,500 in 2021 and recovered to AED 115,500 by June 2023.
  • At AED 115,500 a year the gross yield on the 2024 price is 5.8%, 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 30 April 2024.

Questions about 1303, Fairways North Tower

What did unit 1303 last sell for?

AED 2,000,000 on 30 April 2024: AED 1,843 per sqft for 1,085 sqft. The unit has 3 registered sales; the first was AED 881,888 in July 2010.

What is the rent for unit 1303?

AED 115,500 a year on the contract renewed on 3 June 2023. The previous contract, from June 2022, was AED 110,000; the unit has been rented since March 2013.

How big is unit 1303?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 13th floor of a 26-storey tower completed in 2008.

What is unit 1303 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.

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Mortgage on 1303, Fairways North Tower

Starts from the last sale price (AED 2M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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