2-bed · 1,458 sqftFairways West Tower, The Views · 14th floor · completed 2008

1401, Fairways West Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 1.95M20 July 2022
Current rentAED 150K /yr19 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Fairways West Tower

What is 1401 worth today?

Last sold for AED 1,950,000 in 2022

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20 Jul 2022SoldReady
AED 1,950,000AED 1,337 per sqft
19 Aug 2021RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
20 Jul 2019RentedRenewal
AED 120,000/yr13 months · AED 83 per sqft
20 Jul 2018RentedRenewal · flagged as an outlier
AED 14,000/yr12 months · AED 10 per sqft
20 Jul 2018RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
20 Jul 2017RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft
20 Jul 2016RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
23 Aug 2015SoldReady
AED 2,350,000AED 1,611 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
14th of 31
Parking
G- 239
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 1.95M · July 2022

About 1401, Fairways West Tower

1401 is a two-bedroom apartment of 1,458 sqft on the 14th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 20 July 2022 for AED 1,950,000, or AED 1,337 per sqft, 12% above the AED 1,196 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 19 August 2021, is AED 150,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, July 2010: AED 1,552,888 (AED 1,065 per sqft)Sold, August 2015: AED 2,350,000 (AED 1,611 per sqft)Sold, July 2022: AED 1,950,000 (AED 1,337 per sqft)

1401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, 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, October 2013: AED 135,000 a yearNew contract, July 2015: AED 150,000 a yearNew contract, July 2016: AED 150,000 a yearRenewal, July 2017: AED 150,000 a yearNew contract, July 2018: AED 140,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, August 2021: AED 150,000 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 1401 sits

All 60 2-beds →

1401 last sold in July 2022 at AED 1,337 per sqft, 12% above what two-beds in Fairways West Tower were fetching at the time (AED 1,196). 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. 1401's AED 150,000 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 114K /yr
Typical yield
5.9%
Fairways West Tower, The Views: prices, sales and rents →

Other units on the 14th floor

All 209 units in Fairways West Tower
Value
14021-bedAED 16K · Jul 2026
14031-bedAED 1.05M · Jul 2012
14041-bedAED 735K · May 2011
14052-bedAED 2.4M · Jan 2017
14061-bedAED 1.69M · Mar 2024
14073-bedAED 1.63M · Jun 2026

1401, Fairways West Tower in numbers

  • Sold 3 times: first on 18 July 2010 for AED 1,552,888, last on 20 July 2022 for AED 1,950,000 (AED 1,337 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 14,000 in 2018 and recovered to AED 150,000 by August 2021.
  • At AED 150,000 a year the gross yield on the 2022 price is 7.7%, 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 20 July 2022.

Questions about 1401, Fairways West Tower

What did unit 1401 last sell for?

AED 1,950,000 on 20 July 2022: AED 1,337 per sqft for 1,458 sqft. The unit has 3 registered sales; the first was AED 1,552,888 in July 2010.

What is the rent for unit 1401?

AED 150,000 a year on the contract signed on 19 August 2021. The previous contract, from July 2019, was AED 120,000; the unit has been rented since October 2013.

How big is unit 1401?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2008.

What is unit 1401 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 1401, Fairways West Tower

Starts from the last sale price (AED 1.95M, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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