1-bed · 1,085 sqftFairways North Tower, The Views · 24th floor · completed 2008

2403, Fairways North Tower

Sold prices and rental history: sold 3 times, last in October 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 29 October 2015
Last soldAED 1.65M29 October 2015
Current rentAED 120K /yr14 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Fairways North Tower

What is 2403 worth today?

Last sold for AED 1,645,000 in 2015

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29 Oct 2015SoldReady
AED 1,645,000AED 1,516 per sqft
14 Oct 2014RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
14 Oct 2013RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
29 Sep 2012RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
2 Nov 2010Sold by developerReady
AED 969,888AED 893 per sqft
2 Nov 2010SoldReady
AED 850,000AED 783 per sqft

Source: Dubai Land Department. Updated 29 October 2015.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
24th of 26
Parking
P1-107
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.65M · October 2015

About 2403, Fairways North Tower

2403 is a one-bedroom apartment of 1,085 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 29 October 2015 for AED 1,645,000, or AED 1,516 per sqft, 38% above the AED 1,098 one-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 14 October 2014, is AED 120,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 17,900 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, November 2010: AED 969,888 (AED 893 per sqft)Sold, November 2010: AED 850,000 (AED 783 per sqft)Sold, October 2015: AED 1,645,000 (AED 1,516 per sqft)

2403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, 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, September 2012: AED 85,000 a yearNew contract, October 2013: AED 110,000 a yearNew contract, October 2014: 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 2403 sits

All 94 1-beds →

2403 last sold in October 2015 at AED 1,516 per sqft, 38% above what one-beds in Fairways North Tower were fetching at the time (AED 1,098). 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. 2403'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 24th floor

All 162 units in Fairways North Tower
Value
24012-bedAED 1.61M · Jul 2012
24021-bedAED 1.52M · Nov 2022
24041-bedAED 2M · Aug 2024
24052-bedAED 2.35M · Oct 2017
24061-bedAED 1.8M · Oct 2024
24072-bedAED 2.8M · Oct 2025

2403, Fairways North Tower in numbers

  • Sold 3 times: first on 2 November 2010 for AED 850,000, last on 29 October 2015 for AED 1,645,000 (AED 1,516 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 7.3%, 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 29 October 2015.

Questions about 2403, Fairways North Tower

What did unit 2403 last sell for?

AED 1,645,000 on 29 October 2015: AED 1,516 per sqft for 1,085 sqft. The unit has 3 registered sales; the first was AED 850,000 in November 2010.

What is the rent for unit 2403?

AED 120,000 a year on the contract signed on 14 October 2014. The previous contract, from October 2013, was AED 110,000; the unit has been rented since September 2012.

How big is unit 2403?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 24th floor of a 26-storey tower completed in 2008.

What is unit 2403 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 2403, Fairways North Tower

Starts from the last sale price (AED 1.65M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,645,000
Deposit, UAE resident (20%)
AED 329,000
Deposit, non-resident (40%)
AED 658,000
Monthly over 25 years at 3.7%
AED 6,730

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