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2-bed · 1,290 sqftFairways West Tower, The Views · 14th floor · completed 2008

1405, Fairways West Tower

Sold prices and rental history: sold twice, last in January 2017, and rented once, from August 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 9 January 2017
Last soldAED 2.4M9 January 2017
Current rentAED 170K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Fairways West Tower

What is 1405 worth today?

Last sold for AED 2,400,000 in 2017

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9 Jan 2017SoldReady
AED 2,400,000AED 1,860 per sqft
1 Aug 2015RentedNew contract
AED 170,000/yr12 months · AED 132 per sqft
17 Aug 2010Sold by developerReady
AED 1,307,888AED 1,013 per sqft

Source: Dubai Land Department. Updated 9 January 2017.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
14th of 31
Parking
G- 193
Developer
Emaar
Completed
2008
Service charge
AED 21,300 /yr
Last sold
AED 2.4M · January 2017
Building
Fairways West Tower

About 1405, Fairways West Tower

1405 is a two-bedroom apartment of 1,290 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 9 January 2017 for AED 2,400,000, or AED 1,860 per sqft, 14% above the AED 1,627 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2015. The current contract, signed on 1 August 2015, is AED 170,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, August 2010: AED 1,307,888 (AED 1,013 per sqft)Sold, January 2017: AED 2,400,000 (AED 1,860 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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, August 2015: 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 West Tower, and where 1405 sits

All 60 2-beds →

1405 last sold in January 2017 at AED 1,860 per sqft, 14% above what two-beds in Fairways West Tower were fetching at the time (AED 1,627). 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. 1405's AED 170,000 is in the upper 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 14th floor

All 209 units in Fairways West Tower
Value
14012-bedAED 1.95M · Jul 2022
14021-bedAED 16K · Jul 2026
14031-bedAED 1.05M · Jul 2012
14041-bedAED 735K · May 2011
14061-bedAED 1.69M · Mar 2024
14073-bedAED 1.63M · Jun 2026

1405, Fairways West Tower in numbers

  • Sold twice: first on 17 August 2010 for AED 1,307,888, last on 9 January 2017 for AED 2,400,000 (AED 1,860 per sqft).
  • Rented since August 2015 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 21,300 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 9 January 2017.

Questions about 1405, Fairways West Tower

What did unit 1405 last sell for?

AED 2,400,000 on 9 January 2017: AED 1,860 per sqft for 1,290 sqft. The unit has 2 registered sales; the first was AED 1,307,888 in August 2010.

What is the rent for unit 1405?

AED 170,000 a year on the contract signed on 1 August 2015.

How big is unit 1405?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2008.

What is unit 1405 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 1405, Fairways West Tower

Starts from the last sale price (AED 2.4M, 9 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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