1603, Fairways North Tower
Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Fairways North Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 October 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 1,085 sqft
- Floor
- 16th of 26
- Parking
- P1- 81
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,900 /yr
- Last sold
- AED 906K · September 2009
- Building
- Fairways North Tower
About 1603, Fairways North Tower
1603 is a one-bedroom apartment of 1,085 sqft on the 16th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 17 September 2009 for AED 905,888, or AED 834 per sqft, 4% below the AED 870 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 October 2018, is AED 103,385 a year: a gross yield of 11.4% on the 2009 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 94 1-beds →1603 last sold in September 2009 at AED 834 per sqft, 4% below what one-beds in Fairways North Tower were fetching at the time (AED 870). 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. 1603's AED 103,385 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 889 sqft | 1,790,000 | 2,013 | ||
| 2 Oct 20262 October 2026 | 819 sqft | 2,220,000 | 2,710 | ||
| 2 Oct 20262 October 2026 | 1,085 sqft | 1,910,000 | 1,760 | ||
| 28 Sep 202628 September 2026 | 853 sqft | 2,000,000 | 2,344 |
Fairways North Tower
Building162 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%
Other units on the 16th floor
All 162 units in Fairways North Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,514 sqft | AED 1.23MAED 1,233,888 · Apr 2013April 2013 | 122,000 /yr | |
| 1602 | 1-bed | 778 sqft | AED 717KAED 716,888 · Mar 2010March 2010 | 93,000 /yr | |
| 1604 | 1-bed | 853 sqft | AED 635KAED 634,888 · Mar 2014March 2014 | 110,000 /yr | |
| 1605 | 2-bed | 1,530 sqft | AED 2.1MAED 2,100,000 · Jul 2018July 2018 | 181,027 /yr | |
| 1606 | 1-bed | 819 sqft | AED 425KAED 424,944 · Sep 2009September 2009 | 120,000 /yr | |
| 1607 | 2-bed | 1,547 sqft | AED 2.45MAED 2,450,000 · Sep 2013September 2013 | 205,000 /yr |
1603, Fairways North Tower in numbers
- Sold once: by Emaar on 17 September 2009 for AED 905,888, or AED 834 per sqft.
- Rented since September 2013 on 6 Ejari contracts, from AED 95,000 to AED 103,385 a year.
- At AED 103,385 a year the gross yield on the 2009 price is 11.4%, 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 1 October 2018.
Questions about 1603, Fairways North Tower
What did unit 1603 last sell for?
AED 905,888 on 17 September 2009, sold by the developer: AED 834 per sqft for 1,085 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 103,385 a year on the contract renewed on 1 October 2018. The previous contract, from October 2017, was AED 112,000; the unit has been rented since September 2013.
How big is unit 1603?
1,085 sqft (100.8 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2008.
What is unit 1603 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 1603, Fairways North Tower
Starts from the last sale price (AED 906K, 17 September 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 905,888
- Deposit, UAE resident (20%)
- AED 181,178
- Deposit, non-resident (40%)
- AED 362,355
- Monthly over 25 years at 3.7%
- AED 3,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →