2-bed · 1,514 sqftFairways North Tower, The Views · 26th floor · completed 2008

2601, Fairways North Tower

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 25 January 2017
Last soldAED 861K13 May 2010
Current rentAED 165K /yr25 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, Fairways North Tower

What is 2601 worth today?

Last sold for AED 860,944 in 2010

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25 Jan 2017RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
25 Jan 2016RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
1 Dec 2014RentedNew contract
AED 155,000/yr12 months · AED 102 per sqft
15 Jun 2013RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
13 May 2010Sold by developerReady
AED 860,944AED 568 per sqft

Source: Dubai Land Department. Updated 25 January 2017.

Key facts

Type
2-bed apartment
Size
1,514 sqft
Floor
26th of 26
Parking
P1-25
Developer
Emaar
Completed
2008
Service charge
AED 25,000 /yr
Last sold
AED 861K · May 2010

About 2601, Fairways North Tower

2601 is a two-bedroom apartment of 1,514 sqft on the 26th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 13 May 2010 for AED 860,944, or AED 568 per sqft, 37% below the AED 904 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 January 2017, is AED 165,000 a year: a gross yield of 19.2% on the 2010 price, before the service charge of about AED 25,000 a year.

Sales and rents for 2601 over time

Sales
Unit 2601, 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, May 2010: AED 860,944 (AED 568 per sqft)

2601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2601, 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 135,000 a yearNew contract, December 2014: AED 155,000 a yearNew contract, January 2016: AED 165,000 a yearNew contract, January 2017: AED 165,000 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 2601 sits

All 68 2-beds →

2601 last sold in May 2010 at AED 568 per sqft, 37% below what two-beds in Fairways North Tower were fetching at the time (AED 904). 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. 2601's AED 165,000 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 26th floor

All 162 units in Fairways North Tower
Value
26021-bedAED 1.35M · Dec 2016
26031-bedAED 986K · Aug 2010
26041-bedAED 685K · Jul 2010
26052-bedAED 3.28M · Aug 2026
26061-bedAED 1.64M · Jun 2023
26072-bedAED 1.36M · Aug 2017

2601, Fairways North Tower in numbers

  • Sold once: by Emaar on 13 May 2010 for AED 860,944, or AED 568 per sqft.
  • Rented since June 2013 on 4 Ejari contracts, from AED 135,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2010 price is 19.2%, 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 January 2017.

Questions about 2601, Fairways North Tower

What did unit 2601 last sell for?

AED 860,944 on 13 May 2010, sold by the developer: AED 568 per sqft for 1,514 sqft. It is the only registered sale of the unit.

What is the rent for unit 2601?

AED 165,000 a year on the contract signed on 25 January 2017. The previous contract, from January 2016, was AED 165,000; the unit has been rented since June 2013.

How big is unit 2601?

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

What is unit 2601 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 2601, Fairways North Tower

Starts from the last sale price (AED 861K, 13 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 860,944
Deposit, UAE resident (20%)
AED 172,189
Deposit, non-resident (40%)
AED 344,378
Monthly over 25 years at 3.7%
AED 3,522

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