2-bed · 1,547 sqftFairways North Tower, The Views · 23rd floor · completed 2008

2307, Fairways North Tower

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

Unit 2307 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.85M11 March 2013
Current rentAED 175K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Fairways North Tower

What is 2307 worth today?

Last sold for AED 1,850,000 in 2013

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25 Aug 2024RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
25 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
25 Aug 2022RentedRenewal
AED 126,000/yr12 months · AED 81 per sqft
25 Aug 2021RentedRenewal
AED 122,000/yr12 months · AED 79 per sqft
25 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
1 Aug 2019RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft
1 Aug 2018RentedRenewal
AED 153,000/yr12 months · AED 99 per sqft
1 Aug 2017RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
23rd of 26
Parking
P1-22
Developer
Emaar
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 1.85M · March 2013

About 2307, Fairways North Tower

2307 is a two-bedroom apartment of 1,547 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 11 March 2013 for AED 1,850,000, or AED 1,195 per sqft, 13% above the AED 1,057 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 175,000 a year: a gross yield of 9.5% on the 2013 price, before the service charge of about AED 25,500 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, October 2010: AED 1,974,888 (AED 1,276 per sqft)Sold, March 2013: AED 1,850,000 (AED 1,195 per sqft)

2307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2307, each contractTypical two-bed in Fairways North Tower
150K2012201620202024Typical 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, June 2013: AED 145,000 a yearNew contract, June 2015: AED 158,000 a yearRenewal, June 2016: AED 158,000 a yearNew contract, August 2017: AED 155,000 a yearRenewal, August 2018: AED 153,000 a yearRenewal, August 2019: AED 140,000 a yearNew contract, August 2020: AED 115,000 a yearRenewal, August 2021: AED 122,000 a yearRenewal, August 2022: AED 126,000 a yearNew contract, August 2023: AED 170,000 a yearRenewal, August 2024: AED 175,000 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 2307 sits

All 68 2-beds →

2307 last sold in March 2013 at AED 1,195 per sqft, 13% above what two-beds in Fairways North Tower were fetching at the time (AED 1,057). 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. 2307's AED 175,000 is in the lower half 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
23012-bedAED 2.5M · Jul 2023
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

2307, Fairways North Tower in numbers

  • Sold twice: first on 3 October 2010 for AED 1,974,888, last on 11 March 2013 for AED 1,850,000 (AED 1,195 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 115,000 in 2020 and recovered to AED 175,000 by August 2024.
  • At AED 175,000 a year the gross yield on the 2013 price is 9.5%, 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 25 August 2024.

Questions about 2307, Fairways North Tower

What did unit 2307 last sell for?

AED 1,850,000 on 11 March 2013: AED 1,195 per sqft for 1,547 sqft. The unit has 2 registered sales; the first was AED 1,974,888 in October 2010.

What is the rent for unit 2307?

AED 175,000 a year on the contract renewed on 25 August 2024. The previous contract, from August 2023, was AED 170,000; the unit has been rented since June 2013.

How big is unit 2307?

1,547 sqft (143.7 sqm): a two-bedroom apartment on the 23rd floor of a 26-storey tower completed in 2008.

What is unit 2307 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 2307, Fairways North Tower

Starts from the last sale price (AED 1.85M, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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