1-bed · 778 sqftFairways North Tower, The Views · 24th floor · completed 2008

2402, Fairways North Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 1.52M7 November 2022
Current rentAED 91K /yr14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Fairways North Tower

What is 2402 worth today?

Last sold for AED 1,520,000 in 2022

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14 Dec 2023RentedNew contract
AED 91,000/yr12 months · AED 117 per sqft
7 Nov 2022SoldReady
AED 1,520,000AED 1,953 per sqft
18 Mar 2020RentedRenewal
AED 80,000/yr12 months · AED 103 per sqft
19 Dec 2019SoldReady
AED 850,000AED 1,092 per sqft
18 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
1 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 123 per sqft
9 May 2016RentedRenewal
AED 110,000/yr12 months · AED 142 per sqft
9 May 2015RentedNew contract
AED 110,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
1-bed apartment
Size
778 sqft
Floor
24th of 26
Parking
P2- 30
Developer
Emaar
Completed
2008
Service charge
AED 12,800 /yr
Last sold
AED 1.52M · November 2022

About 2402, Fairways North Tower

2402 is a one-bedroom apartment of 778 sqft on the 24th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 7 November 2022 for AED 1,520,000, or AED 1,953 per sqft, 40% above the AED 1,395 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 14 December 2023, is AED 91,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,800 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, February 2011: AED 780,888 (AED 1,003 per sqft)Sold, December 2019: AED 850,000 (AED 1,092 per sqft)Sold, November 2022: AED 1,520,000 (AED 1,953 per sqft)

2402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2402, each contractTypical one-bed in Fairways North Tower
80K100K2012201620202024Typical 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, April 2013: AED 85,000 a yearNew contract, May 2015: AED 110,000 a yearRenewal, May 2016: AED 110,000 a yearNew contract, February 2018: AED 95,000 a yearNew contract, March 2019: AED 80,000 a yearRenewal, March 2020: AED 80,000 a yearNew contract, December 2023: AED 91,000 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 2402 sits

All 94 1-beds →

2402 last sold in November 2022 at AED 1,953 per sqft, 40% above what one-beds in Fairways North Tower were fetching at the time (AED 1,395). 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. 2402's AED 91,000 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 24th floor

All 162 units in Fairways North Tower
Value
24012-bedAED 1.61M · Jul 2012
24031-bedAED 1.65M · Oct 2015
24041-bedAED 2M · Aug 2024
24052-bedAED 2.35M · Oct 2017
24061-bedAED 1.8M · Oct 2024
24072-bedAED 2.8M · Oct 2025

2402, Fairways North Tower in numbers

  • Sold 3 times: first on 9 February 2011 for AED 780,888, last on 7 November 2022 for AED 1,520,000 (AED 1,953 per sqft).
  • Rented since April 2013 on 7 Ejari contracts, from AED 85,000 to AED 91,000 a year.
  • At AED 91,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,800 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 14 December 2023.

Questions about 2402, Fairways North Tower

What did unit 2402 last sell for?

AED 1,520,000 on 7 November 2022: AED 1,953 per sqft for 778 sqft. The unit has 3 registered sales; the first was AED 780,888 in February 2011.

What is the rent for unit 2402?

AED 91,000 a year on the contract signed on 14 December 2023. The previous contract, from March 2020, was AED 80,000; the unit has been rented since April 2013.

How big is unit 2402?

778 sqft (72.3 sqm): a one-bedroom apartment on the 24th floor of a 26-storey tower completed in 2008.

What is unit 2402 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 2402, Fairways North Tower

Starts from the last sale price (AED 1.52M, 7 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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