2-bed · 1,458 sqftFairways West Tower, The Views · 10th floor · completed 2008

1001, Fairways West Tower

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 28 February 2020
Last soldAED 649K17 September 2009
Current rentAED 110K /yr28 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Fairways West Tower

What is 1001 worth today?

Last sold for AED 649,444 in 2009

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28 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
4 Feb 2018RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
10 Feb 2017RentedRenewal
AED 160,000/yr12 months · AED 110 per sqft
10 Feb 2016RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
22 Sep 2015RentedRenewal
AED 160,000/yr12 months · AED 110 per sqft
22 Sep 2014RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
17 Sep 2009Sold by developerReady
AED 649,444AED 445 per sqft

Source: Dubai Land Department. Updated 28 February 2020.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
10th of 31
Parking
G- 203
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 649K · September 2009

About 1001, Fairways West Tower

1001 is a two-bedroom apartment of 1,458 sqft on the 10th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 17 September 2009 for AED 649,444, or AED 445 per sqft, 54% below the AED 959 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 28 February 2020, is AED 110,000 a year: a gross yield of 16.9% on the 2009 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Fairways West Tower
2M2009201420192024Typical sale price by year: 2009 AED 1,388,000; 2010 AED 1,373,388; 2011 AED 1,334,388; 2012 AED 1,618,944; 2013 AED 1,949,444; 2014 AED 2,515,000; 2015 AED 2,200,000; 2016 AED 2,250,000; 2017 AED 2,200,000; 2018 AED 1,850,000; 2021 AED 1,725,000; 2022 AED 1,950,000; 2023 AED 2,300,000; 2024 AED 2,565,000; 2025 AED 2,875,000Sold by developer, September 2009: AED 649,444 (AED 445 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Fairways West Tower
100K150K2012201620202024Typical rent by year: 2012 AED 117,494; 2013 AED 127,500; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 156,250; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 102,000; 2021 AED 110,000; 2022 AED 115,500; 2023 AED 140,000; 2024 AED 157,500; 2025 AED 165,000; 2026 AED 157,500New contract, September 2014: AED 160,000 a yearRenewal, September 2015: AED 160,000 a yearNew contract, February 2016: AED 160,000 a yearRenewal, February 2017: AED 160,000 a yearNew contract, February 2018: AED 150,000 a yearNew contract, February 2020: AED 110,000 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 West Tower, and where 1001 sits

All 60 2-beds →

1001 last sold in September 2009 at AED 445 per sqft, 54% below what two-beds in Fairways West Tower were fetching at the time (AED 959). Over the last 12 months two-beds sold for AED 3,100,000, around AED 2,403 per sqft, and rent for AED 140,000 to 190,000 a year. 1001's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Feb 20263,100,000
30 Jun 20252,800,000
4 Jun 20252,750,000
21 Apr 20253,000,000
1 2-bed sale in the last 12 months

Fairways West Tower

Building

209 apartments, 1-bed to 3-bed over 31 floors in The Views, completed in 2008 by Emaar. 16 sold in the last 12 months.

Typical price per sqft
AED 2,235 Up 2.5%
Typical sale
AED 2M
Typical rent
AED 115K /yr
Typical yield
5.9%
Fairways West Tower, The Views: prices, sales and rents →

Other units on the 10th floor

All 209 units in Fairways West Tower
Value
10021-bedAED 1.6M · Feb 2025
10031-bedAED 550K · Jan 2026
10041-bedAED 950K · May 2010
10052-bedAED 2.35M · Jul 2016
10061-bedAED 1.52M · Apr 2015
10073-bedAED 2M · Mar 2010

1001, Fairways West Tower in numbers

  • Sold once: by Emaar on 17 September 2009 for AED 649,444, or AED 445 per sqft.
  • Rented since September 2014 on 6 Ejari contracts, from AED 160,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 16.9%, before a service charge of about AED 24,000 a year (AED 16.48 per sqft).
  • Two-beds in Fairways West Tower sold for AED 3,100,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,235 per sqft.

Source: Dubai Land Department. Updated 28 February 2020.

Questions about 1001, Fairways West Tower

What did unit 1001 last sell for?

AED 649,444 on 17 September 2009, sold by the developer: AED 445 per sqft for 1,458 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 110,000 a year on the contract signed on 28 February 2020. The previous contract, from February 2018, was AED 150,000; the unit has been rented since September 2014.

How big is unit 1001?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 10th floor of a 31-storey tower completed in 2008.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fairways West Tower sold for AED 3,100,000 to 3,100,000 in the last 12 months, around AED 2,403 per sqft.

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Mortgage on 1001, Fairways West Tower

Starts from the last sale price (AED 649K, 17 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 649,444
Deposit, UAE resident (20%)
AED 129,889
Deposit, non-resident (40%)
AED 259,778
Monthly over 25 years at 3.7%
AED 2,657

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