2-bed · 1,458 sqftFairways West Tower, The Views · 15th floor · completed 2008

1501, Fairways West Tower

Sold prices and rental history: sold twice, last in October 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 17 October 2019
Last soldAED 1.58M17 October 2019
Current rentAED 120K /yr7 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Fairways West Tower

What is 1501 worth today?

Last sold for AED 1,575,000 in 2019

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17 Oct 2019SoldReady
AED 1,575,000AED 1,080 per sqft
7 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
8 Sep 2015RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
8 Sep 2014Sold by developerReady
AED 1,144,888AED 785 per sqft
5 Sep 2014RentedNew contract
AED 155,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 17 October 2019.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
15th of 31
Parking
G- 240
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 1.58M · October 2019

About 1501, Fairways West Tower

1501 is a two-bedroom apartment of 1,458 sqft on the 15th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 17 October 2019 for AED 1,575,000, or AED 1,080 per sqft, 3% below the AED 1,114 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 7 September 2019, is AED 120,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Fairways West Tower
1M2M3M2009201420192024Typical 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 2014: AED 1,144,888 (AED 785 per sqft)Sold, October 2019: AED 1,575,000 (AED 1,080 per sqft)

1501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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 155,000 a yearNew contract, September 2015: AED 160,000 a yearNew contract, September 2019: AED 120,000 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 1501 sits

All 60 2-beds →

1501 last sold in October 2019 at AED 1,080 per sqft, 3% below what two-beds in Fairways West Tower were fetching at the time (AED 1,114). 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. 1501's AED 120,000 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 15th floor

All 209 units in Fairways West Tower
Value
15021-bedAED 336K · Jun 2015
15031-bedAED 1.49M · May 2016
15041-bedAED 1.65M · Mar 2025
15052-bedAED 1.67M · Jul 2012
15061-bedAED 1.92M · Apr 2025
15073-bedAED 2.3M · Jan 2019

1501, Fairways West Tower in numbers

  • Sold twice: first on 8 September 2014 for AED 1,144,888, last on 17 October 2019 for AED 1,575,000 (AED 1,080 per sqft).
  • Rented since September 2014 on 3 Ejari contracts, from AED 155,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 7.6%, 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 17 October 2019.

Questions about 1501, Fairways West Tower

What did unit 1501 last sell for?

AED 1,575,000 on 17 October 2019: AED 1,080 per sqft for 1,458 sqft. The unit has 2 registered sales; the first was AED 1,144,888 in September 2014.

What is the rent for unit 1501?

AED 120,000 a year on the contract signed on 7 September 2019. The previous contract, from September 2015, was AED 160,000; the unit has been rented since September 2014.

How big is unit 1501?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2008.

What is unit 1501 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 1501, Fairways West Tower

Starts from the last sale price (AED 1.58M, 17 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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