2-bed · 1,547 sqftFairways North Tower, The Views · 14th floor · completed 2008

1407, Fairways North Tower

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 4 November 2021
Last soldAED 2.15M4 November 2021
Current rentAED 105K /yr28 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Fairways North Tower

What is 1407 worth today?

Last sold for AED 2,150,000 in 2021

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4 Nov 2021SoldReady
AED 2,150,000AED 1,389 per sqft
13 Jan 2021SoldReady
AED 1,400,000AED 904 per sqft
28 Aug 2020RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
28 Aug 2019RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
28 Aug 2018RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
28 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
25 Jul 2014RentedNew contract
AED 137,050/yr12 months · AED 88 per sqft
17 Sep 2009Sold by developerReady
AED 1,665,888AED 1,076 per sqft

Source: Dubai Land Department. Updated 4 November 2021.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
14th of 26
Parking
P1-11
Developer
Emaar
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 2.15M · November 2021

About 1407, Fairways North Tower

1407 is a two-bedroom apartment of 1,547 sqft on the 14th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 4 November 2021 for AED 2,150,000, or AED 1,389 per sqft, 19% above the AED 1,170 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 28 August 2020, is AED 105,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 25,500 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical two-bed in Fairways North Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,550,888; 2010 AED 1,390,888; 2011 AED 1,442,888; 2012 AED 1,595,000; 2013 AED 2,000,000; 2014 AED 2,675,000; 2015 AED 2,042,444; 2017 AED 2,387,500; 2021 AED 1,900,000; 2022 AED 2,180,000; 2023 AED 2,500,000; 2024 AED 2,850,000; 2025 AED 3,137,500; 2026 AED 3,187,500Sold by developer, September 2009: AED 1,665,888 (AED 1,076 per sqft)Sold, January 2021: AED 1,400,000 (AED 904 per sqft)Sold, November 2021: AED 2,150,000 (AED 1,389 per sqft)

1407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, each contractTypical two-bed in Fairways North Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 135,750; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 160,000; 2018 AED 147,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 119,669; 2022 AED 125,000; 2023 AED 142,500; 2024 AED 155,000; 2025 AED 175,000; 2026 AED 170,000New contract, July 2014: AED 137,050 a yearNew contract, August 2017: AED 145,000 a yearRenewal, August 2018: AED 130,000 a yearRenewal, August 2019: AED 130,000 a yearNew contract, August 2020: AED 105,000 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 North Tower, and where 1407 sits

All 68 2-beds →

1407 last sold in November 2021 at AED 1,389 per sqft, 19% above what two-beds in Fairways North Tower were fetching at the time (AED 1,170). Over the last 12 months two-beds sold for AED 2,975,000 to 4,150,000, around AED 2,094 per sqft, and rent for AED 122,000 to 260,000 a year. 1407's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20263,000,000
15 Oct 20263,100,000
21 Aug 20263,275,000
4 Aug 20262,975,000
6 2-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 14th floor

All 162 units in Fairways North Tower
Value
14012-bedAED 1.8M · Nov 2021
14021-bedAED 1.53M · Jan 2024
14031-bedAED 2M · Mar 2014
14041-bedAED 312K · Sep 2009
14052-bedAED 4.05M · Jan 2026
14061-bedAED 830K · Jul 2010

1407, Fairways North Tower in numbers

  • Sold 3 times: first on 17 September 2009 for AED 1,665,888, last on 4 November 2021 for AED 2,150,000 (AED 1,389 per sqft).
  • Rented since July 2014 on 5 Ejari contracts, from AED 137,050 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 25,500 a year (AED 16.48 per sqft).
  • Two-beds in Fairways North Tower sold for AED 2,975,000–4,150,000 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 4 November 2021.

Questions about 1407, Fairways North Tower

What did unit 1407 last sell for?

AED 2,150,000 on 4 November 2021: AED 1,389 per sqft for 1,547 sqft. The unit has 3 registered sales; the first was AED 1,665,888 in September 2009.

What is the rent for unit 1407?

AED 105,000 a year on the contract signed on 28 August 2020. The previous contract, from August 2019, was AED 130,000; the unit has been rented since July 2014.

How big is unit 1407?

1,547 sqft (143.7 sqm): a two-bedroom apartment on the 14th floor of a 26-storey tower completed in 2008.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fairways North Tower sold for AED 2,975,000 to 4,150,000 in the last 12 months, around AED 2,094 per sqft.

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Mortgage on 1407, Fairways North Tower

Starts from the last sale price (AED 2.15M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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