2-bed · 1,547 sqftFairways North Tower, The Views · 26th floor · completed 2008

2607, Fairways North Tower

Sold prices and rental history: sold twice, last in August 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2607 · DLD and Ejari recordsUpdated 22 August 2017
Last soldAED 1.36M22 August 2017
Current rentAED 170K /yr29 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2607, Fairways North Tower

What is 2607 worth today?

Last sold for AED 1,362,500 in 2017

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22 Aug 2017SoldReady
AED 1,362,500AED 880 per sqft
29 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
28 Nov 2013RentedNew contract
AED 169,529/yr12 months · AED 109 per sqft
15 Jul 2010Sold by developerReady
AED 2,020,888AED 1,306 per sqft

Source: Dubai Land Department. Updated 22 August 2017.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
26th of 26
Parking
P1- 44
Developer
Emaar
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 1.36M · August 2017

About 2607, Fairways North Tower

2607 is a two-bedroom apartment of 1,547 sqft on the 26th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 22 August 2017 for AED 1,362,500, or AED 880 per sqft, 43% below the AED 1,552 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 29 November 2014, is AED 170,000 a year: a gross yield of 12.5% on the 2017 price, before the service charge of about AED 25,500 a year.

Sales and rents for 2607 over time

Sales
Unit 2607, 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, July 2010: AED 2,020,888 (AED 1,306 per sqft)Sold, August 2017: AED 1,362,500 (AED 880 per sqft)

2607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2607, 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, November 2013: AED 169,529 a yearNew contract, November 2014: AED 170,000 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 2607 sits

All 68 2-beds →

2607 last sold in August 2017 at AED 880 per sqft, 43% below what two-beds in Fairways North Tower were fetching at the time (AED 1,552). 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. 2607's AED 170,000 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
26012-bedAED 861K · May 2010
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

2607, Fairways North Tower in numbers

  • Sold twice: first on 15 July 2010 for AED 2,020,888, last on 22 August 2017 for AED 1,362,500 (AED 880 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 169,529 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 12.5%, 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 22 August 2017.

Questions about 2607, Fairways North Tower

What did unit 2607 last sell for?

AED 1,362,500 on 22 August 2017: AED 880 per sqft for 1,547 sqft. The unit has 2 registered sales; the first was AED 2,020,888 in July 2010.

What is the rent for unit 2607?

AED 170,000 a year on the contract signed on 29 November 2014. The previous contract, from November 2013, was AED 169,529.

How big is unit 2607?

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

What is unit 2607 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 2607, Fairways North Tower

Starts from the last sale price (AED 1.36M, 22 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,500
Deposit, UAE resident (20%)
AED 272,500
Deposit, non-resident (40%)
AED 545,000
Monthly over 25 years at 3.7%
AED 5,574

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