1-bed · 913 sqftFairways West Tower, The Views · 12th floor · completed 2008

1203, Fairways West Tower

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 23 December 2019
Last soldAED 1.09M23 December 2019
Current rentAED 110K /yr20 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Fairways West Tower

What is 1203 worth today?

Last sold for AED 1,085,000 in 2019

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23 Dec 2019SoldReady
AED 1,085,000AED 1,188 per sqft
20 Dec 2018RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
3 Jan 2017RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
30 Oct 2015RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
17 Oct 2014RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
17 Oct 2013RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
14 Oct 2010Sold by developerReady
AED 957,888AED 1,049 per sqft

Source: Dubai Land Department. Updated 23 December 2019.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
12th of 31
Parking
G- 283
Developer
Emaar
Completed
2008
Service charge
AED 15,000 /yr
Last sold
AED 1.09M · December 2019

About 1203, Fairways West Tower

1203 is a one-bedroom apartment of 913 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 23 December 2019 for AED 1,085,000, or AED 1,188 per sqft, 11% below the AED 1,340 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 20 December 2018, is AED 110,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Fairways West Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 780,888; 2010 AED 847,888; 2011 AED 851,888; 2012 AED 945,000; 2013 AED 1,000,000; 2014 AED 1,505,000; 2015 AED 1,297,509; 2016 AED 1,322,500; 2017 AED 1,485,000; 2018 AED 1,270,000; 2019 AED 1,067,500; 2020 AED 1,092,500; 2021 AED 1,225,000; 2022 AED 1,300,000; 2023 AED 1,345,000; 2024 AED 1,650,000; 2025 AED 1,810,000; 2026 AED 1,987,500Sold by developer, October 2010: AED 957,888 (AED 1,049 per sqft)Sold, December 2019: AED 1,085,000 (AED 1,188 per sqft)

1203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Fairways West Tower
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 87,563; 2014 AED 102,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 72,000; 2022 AED 78,950; 2023 AED 90,100; 2024 AED 99,750; 2025 AED 103,996; 2026 AED 101,936New contract, October 2013: AED 105,000 a yearNew contract, October 2014: AED 105,000 a yearNew contract, October 2015: AED 130,000 a yearNew contract, January 2017: AED 120,000 a yearNew contract, December 2018: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fairways West Tower, and where 1203 sits

All 119 1-beds →

1203 last sold in December 2019 at AED 1,188 per sqft, 11% below what one-beds in Fairways West Tower were fetching at the time (AED 1,340). Over the last 12 months one-beds sold for AED 550,000 to 2,100,000, around AED 2,201 per sqft, and rent for AED 54,000 to 154,140 a year. 1203's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 20261,550,000
27 Jul 202616,148
24 Jul 20266,872
22 Jul 20262,000,000
12 1-bed sales 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
12012-bedAED 2.2M · Feb 2017
12021-bedAED 1.95M · Dec 2023
12041-bedAED 1.23M · Dec 2021
12052-bedAED 1.28M · May 2011
12061-bedAED 1.13M · Jun 2012
12073-bedAED 2.03M · Mar 2013

1203, Fairways West Tower in numbers

  • Sold twice: first on 14 October 2010 for AED 957,888, last on 23 December 2019 for AED 1,085,000 (AED 1,188 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 105,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 15,000 a year (AED 16.48 per sqft).
  • One-beds in Fairways West Tower sold for AED 550,000–2,100,000 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 23 December 2019.

Questions about 1203, Fairways West Tower

What did unit 1203 last sell for?

AED 1,085,000 on 23 December 2019: AED 1,188 per sqft for 913 sqft. The unit has 2 registered sales; the first was AED 957,888 in October 2010.

What is the rent for unit 1203?

AED 110,000 a year on the contract signed on 20 December 2018. The previous contract, from January 2017, was AED 120,000; the unit has been rented since October 2013.

How big is unit 1203?

913 sqft (84.8 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2008.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairways West Tower sold for AED 550,000 to 2,100,000 in the last 12 months, around AED 2,201 per sqft.

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Mortgage on 1203, Fairways West Tower

Starts from the last sale price (AED 1.09M, 23 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

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