2-bed · 1,530 sqftFairways North Tower, The Views · 24th floor · completed 2008

2405, Fairways North Tower

Sold prices and rental history: sold 4 times, last in October 2017, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 12 October 2017
Last soldAED 2.35M12 October 2017
Current rentAED 137K /yr29 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Fairways North Tower

What is 2405 worth today?

Last sold for AED 2,350,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Oct 2017SoldReady
AED 2,350,000AED 1,535 per sqft
13 Nov 2013SoldReady
AED 2,750,000AED 1,797 per sqft
29 Jan 2013RentedNew contract
AED 136,500/yr12 months · AED 89 per sqft
1 Sep 2009Sold by developerReady
AED 1,550,888AED 1,013 per sqft
1 Sep 2009SoldReady
AED 1,550,888AED 1,013 per sqft

Source: Dubai Land Department. Updated 12 October 2017.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
24th of 26
Parking
G-20
Developer
Emaar
Completed
2008
Service charge
AED 25,200 /yr
Last sold
AED 2.35M · October 2017

About 2405, Fairways North Tower

2405 is a two-bedroom apartment of 1,530 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 12 October 2017 for AED 2,350,000, or AED 1,535 per sqft, in line with the AED 1,551 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 January 2013. The current contract, signed on 29 January 2013, is AED 136,500 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 25,200 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, 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, September 2009: AED 1,550,888 (AED 1,013 per sqft)Sold, September 2009: AED 1,550,888 (AED 1,013 per sqft)Sold, November 2013: AED 2,750,000 (AED 1,797 per sqft)Sold, October 2017: AED 2,350,000 (AED 1,535 per sqft)

2405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, 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, January 2013: AED 136,500 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 2405 sits

All 68 2-beds →

2405 last sold in October 2017 at AED 1,535 per sqft, in line with what two-beds in Fairways North Tower were fetching at the time (AED 1,551). 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. 2405's AED 136,500 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 24th floor

All 162 units in Fairways North Tower
Value
24012-bedAED 1.61M · Jul 2012
24021-bedAED 1.52M · Nov 2022
24031-bedAED 1.65M · Oct 2015
24041-bedAED 2M · Aug 2024
24061-bedAED 1.8M · Oct 2024
24072-bedAED 2.8M · Oct 2025

2405, Fairways North Tower in numbers

  • Sold 4 times: first on 1 September 2009 for AED 1,550,888, last on 12 October 2017 for AED 2,350,000 (AED 1,535 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 25,200 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 12 October 2017.

Questions about 2405, Fairways North Tower

What did unit 2405 last sell for?

AED 2,350,000 on 12 October 2017: AED 1,535 per sqft for 1,530 sqft. The unit has 4 registered sales; the first was AED 1,550,888 in September 2009.

What is the rent for unit 2405?

AED 136,500 a year on the contract signed on 29 January 2013.

How big is unit 2405?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2008.

What is unit 2405 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.

Selling 2405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2405, Fairways North Tower

Starts from the last sale price (AED 2.35M, 12 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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