1-bed · 819 sqftFairways North Tower, The Views · 16th floor · completed 2008

1606, 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.

Unit 1606 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 425K28 September 2009
Current rentAED 120K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Fairways North Tower

What is 1606 worth today?

Last sold for AED 424,944 in 2009

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7 Oct 2024RentedRenewal
AED 120,000/yr12 months · AED 147 per sqft
7 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft
1 Nov 2022RentedRenewal
AED 85,000/yr12 months · AED 104 per sqft
1 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
1 Oct 2021RentedNew contract
AED 84,000/yr12 months · AED 103 per sqft
18 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
21 Apr 2018RentedRenewal
AED 107,000/yr12 months · AED 131 per sqft
21 Apr 2017RentedNew contract
AED 107,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
16th of 26
Parking
P1- 98
Developer
Emaar
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 425K · September 2009

About 1606, Fairways North Tower

1606 is a one-bedroom apartment of 819 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 28 September 2009 for AED 424,944, or AED 518 per sqft, 40% below the AED 870 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 7 October 2024, is AED 120,000 a year: a gross yield of 28.2% on the 2009 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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 424,944 (AED 518 per sqft)

1606 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, 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, June 2013: AED 100,000 a yearRenewal, June 2014: AED 110,000 a yearNew contract, June 2015: AED 110,000 a yearNew contract, June 2016: AED 115,000 a yearNew contract, April 2017: AED 107,000 a yearRenewal, April 2018: AED 107,000 a yearNew contract, September 2019: AED 80,000 a yearNew contract, October 2021: AED 84,000 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 85,000 a yearNew contract, October 2023: AED 120,000 a yearRenewal, October 2024: AED 120,000 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 1606 sits

All 94 1-beds →

1606 last sold in September 2009 at AED 518 per sqft, 40% 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. 1606's AED 120,000 is in the upper 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 16th floor

All 162 units in Fairways North Tower
Value
16012-bedAED 1.23M · Apr 2013
16021-bedAED 717K · Mar 2010
16031-bedAED 906K · Sep 2009
16041-bedAED 635K · Mar 2014
16052-bedAED 2.1M · Jul 2018
16072-bedAED 2.45M · Sep 2013

1606, Fairways North Tower in numbers

  • Sold once: by Emaar on 28 September 2009 for AED 424,944, or AED 518 per sqft.
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2019 and recovered to AED 120,000 by October 2024.
  • At AED 120,000 a year the gross yield on the 2009 price is 28.2%, 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 7 October 2024.

Questions about 1606, Fairways North Tower

What did unit 1606 last sell for?

AED 424,944 on 28 September 2009, sold by the developer: AED 518 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 120,000 a year on the contract renewed on 7 October 2024. The previous contract, from October 2023, was AED 120,000; the unit has been rented since June 2013.

How big is unit 1606?

819 sqft (76.1 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2008.

What is unit 1606 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 1606, Fairways North Tower

Starts from the last sale price (AED 425K, 28 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 424,944
Deposit, UAE resident (20%)
AED 84,989
Deposit, non-resident (40%)
AED 169,978
Monthly over 25 years at 3.7%
AED 1,739

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