2-bed · 1,458 sqftFairways West Tower, The Views · 12th floor · completed 2008

1201, Fairways West Tower

Sold prices and rental history: sold 3 times, last in February 2017, and rented once, from January 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 22 February 2017
Last soldAED 2.2M22 February 2017
Current rentAED 155K /yr25 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Fairways West Tower

What is 1201 worth today?

Last sold for AED 2,200,000 in 2017

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22 Feb 2017SoldReady
AED 2,200,000AED 1,508 per sqft
25 Jan 2016RentedNew contract
AED 155,000/yr12 months · AED 107 per sqft
5 Nov 2013SoldReady
AED 2,300,000AED 1,577 per sqft
3 Oct 2010Sold by developerReady
AED 1,320,888AED 905 per sqft

Source: Dubai Land Department. Updated 22 February 2017.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
12th of 31
Parking
G- 201
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 2.2M · February 2017

About 1201, Fairways West Tower

1201 is a two-bedroom apartment of 1,458 sqft on the 12th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 22 February 2017 for AED 2,200,000, or AED 1,508 per sqft, 6% below the AED 1,602 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 January 2016. The current contract, signed on 25 January 2016, is AED 155,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Fairways West Tower
2M3M2009201420192024Typical 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, October 2010: AED 1,320,888 (AED 905 per sqft)Sold, November 2013: AED 2,300,000 (AED 1,577 per sqft)Sold, February 2017: AED 2,200,000 (AED 1,508 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, January 2016: AED 155,000 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 1201 sits

All 60 2-beds →

1201 last sold in February 2017 at AED 1,508 per sqft, 6% below what two-beds in Fairways West Tower were fetching at the time (AED 1,602). 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. 1201's AED 155,000 is in the lower half 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 12th floor

All 209 units in Fairways West Tower
Value
12021-bedAED 1.95M · Dec 2023
12031-bedAED 1.09M · Dec 2019
12041-bedAED 1.23M · Dec 2021
12052-bedAED 1.28M · May 2011
12061-bedAED 1.13M · Jun 2012
12073-bedAED 2.03M · Mar 2013

1201, Fairways West Tower in numbers

  • Sold 3 times: first on 3 October 2010 for AED 1,320,888, last on 22 February 2017 for AED 2,200,000 (AED 1,508 per sqft).
  • Rented since January 2016 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2017 price is 7.0%, 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 22 February 2017.

Questions about 1201, Fairways West Tower

What did unit 1201 last sell for?

AED 2,200,000 on 22 February 2017: AED 1,508 per sqft for 1,458 sqft. The unit has 3 registered sales; the first was AED 1,320,888 in October 2010.

What is the rent for unit 1201?

AED 155,000 a year on the contract signed on 25 January 2016.

How big is unit 1201?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2008.

What is unit 1201 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 1201, Fairways West Tower

Starts from the last sale price (AED 2.2M, 22 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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