1-bed · 819 sqftFairways North Tower, The Views · 15th floor · completed 2008

1506, Fairways North Tower

Sold prices and rental history: sold 7 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 26 April 2021
Last soldAED 1.33M26 April 2021
Current rentAED 110K /yr25 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Fairways North Tower

What is 1506 worth today?

Last sold for AED 1,325,000 in 2021

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26 Apr 2021SoldReady
AED 1,325,000AED 1,617 per sqft
2 Oct 2017SoldReady
AED 1,550,000AED 1,892 per sqft
25 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 134 per sqft
20 Aug 2016RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft
15 Oct 2015RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft
2 Sep 2014RentedNew contract
AED 110,000/yr12 months · AED 134 per sqft
2 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 134 per sqft
20 May 2013SoldReady
AED 1,310,000AED 1,599 per sqft

Source: Dubai Land Department. Updated 26 April 2021.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
15th of 26
Parking
P1- 97
Developer
Emaar
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 1.33M · April 2021

About 1506, Fairways North Tower

1506 is a one-bedroom apartment of 819 sqft on the 15th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 26 April 2021 for AED 1,325,000, or AED 1,617 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 August 2017, is AED 110,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, September 2009: AED 1,150,000 (AED 1,404 per sqft)Sold, September 2009: AED 839,888 (AED 1,025 per sqft)Sold, June 2012: AED 965,000 (AED 1,178 per sqft)Sold, January 2013: AED 900,000 (AED 1,098 per sqft)Sold, May 2013: AED 1,310,000 (AED 1,599 per sqft)Sold, October 2017: AED 1,550,000 (AED 1,892 per sqft)Sold, April 2021: AED 1,325,000 (AED 1,617 per sqft)

1506 has sold 7 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, 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, September 2013: AED 110,000 a yearNew contract, September 2014: AED 110,000 a yearNew contract, October 2015: AED 120,000 a yearNew contract, August 2016: AED 120,000 a yearNew contract, August 2017: AED 110,000 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 1506 sits

All 94 1-beds →

1506 last sold in April 2021 at AED 1,617 per sqft, in line with what one-beds in Fairways North Tower were fetching at the time (AED 1,599). 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. 1506's AED 110,000 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 15th floor

All 162 units in Fairways North Tower
Value
15012-bedAED 2.98M · Aug 2026
15021-bedAED 930K · Jun 2012
15031-bedAED 2.4M · Sep 2025
15041-bedAED 1.65M · Sep 2024
15052-bedAED 1.75M · Jun 2012
15072-bedAED 4.15M · Mar 2026

1506, Fairways North Tower in numbers

  • Sold 7 times: first on 27 September 2009 for AED 839,888, last on 26 April 2021 for AED 1,325,000 (AED 1,617 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 13,500 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 26 April 2021.

Questions about 1506, Fairways North Tower

What did unit 1506 last sell for?

AED 1,325,000 on 26 April 2021: AED 1,617 per sqft for 819 sqft. The unit has 7 registered sales; the first was AED 839,888 in September 2009.

What is the rent for unit 1506?

AED 110,000 a year on the contract signed on 25 August 2017. The previous contract, from August 2016, was AED 120,000; the unit has been rented since September 2013.

How big is unit 1506?

819 sqft (76.1 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2008.

What is unit 1506 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 1506, Fairways North Tower

Starts from the last sale price (AED 1.33M, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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