2-bed · 1,514 sqftFairways North Tower, The Views · 23rd floor · completed 2008

2301, Fairways North Tower

Sold prices and rental history: sold twice, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 25 July 2023
Last soldAED 2.5M25 July 2023
Current rentAED 115K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Fairways North Tower

What is 2301 worth today?

Last sold for AED 2,500,000 in 2023

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25 Jul 2023SoldReady
AED 2,500,000AED 1,651 per sqft
25 Jul 2022RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
25 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
15 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 66 per sqft
25 Feb 2010Sold by developerReady
AED 765,944AED 505 per sqft

Source: Dubai Land Department. Updated 25 July 2023.

Key facts

Type
2-bed apartment
Size
1,514 sqft
Floor
23rd of 26
Parking
P1- 112
Developer
Emaar
Completed
2008
Service charge
AED 25,000 /yr
Last sold
AED 2.5M · July 2023

About 2301, Fairways North Tower

2301 is a two-bedroom apartment of 1,514 sqft on the 23rd floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 25 July 2023 for AED 2,500,000, or AED 1,651 per sqft, in line with the AED 1,633 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 25 July 2022, is AED 115,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 25,000 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical two-bed in Fairways North Tower
2M2009201420192024Typical 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, February 2010: AED 765,944 (AED 505 per sqft)Sold, July 2023: AED 2,500,000 (AED 1,651 per sqft)

2301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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 2020: AED 100,000 a yearNew contract, July 2021: AED 115,000 a yearRenewal, July 2022: AED 115,000 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 2301 sits

All 68 2-beds →

2301 last sold in July 2023 at AED 1,651 per sqft, in line with what two-beds in Fairways North Tower were fetching at the time (AED 1,633). 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. 2301's AED 115,000 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 23rd floor

All 162 units in Fairways North Tower
Value
23021-bedAED 773K · Jul 2010
23031-bedAED 1.9M · May 2023
23041-bedAED 1.85M · Jan 2026
23052-bedAED 2M · Aug 2010
23061-bedAED 920K · Dec 2012
23072-bedAED 1.85M · Mar 2013

2301, Fairways North Tower in numbers

  • Sold twice: first on 25 February 2010 for AED 765,944, last on 25 July 2023 for AED 2,500,000 (AED 1,651 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 100,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 25,000 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 25 July 2023.

Questions about 2301, Fairways North Tower

What did unit 2301 last sell for?

AED 2,500,000 on 25 July 2023: AED 1,651 per sqft for 1,514 sqft. The unit has 2 registered sales; the first was AED 765,944 in February 2010.

What is the rent for unit 2301?

AED 115,000 a year on the contract renewed on 25 July 2022. The previous contract, from July 2021, was AED 115,000; the unit has been rented since July 2020.

How big is unit 2301?

1,514 sqft (140.7 sqm): a two-bedroom apartment on the 23rd floor of a 26-storey tower completed in 2008.

What is unit 2301 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 2301, Fairways North Tower

Starts from the last sale price (AED 2.5M, 25 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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