2-bed · 1,458 sqftFairways West Tower, The Views · 16th floor · completed 2008

1601, Fairways West Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 25 July 2019
Last soldAED 1.36M18 July 2010
Current rentAED 115K /yr25 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Fairways West Tower

What is 1601 worth today?

Last sold for AED 1,362,888 in 2010

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25 Jul 2019RentedRenewal
AED 115,000/yr12 months · AED 79 per sqft
25 Jul 2018RentedNew contract
AED 127,000/yr12 months · AED 87 per sqft
3 Nov 2014RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
15 Oct 2012RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
18 Jul 2010Sold by developerReady
AED 1,362,888AED 934 per sqft

Source: Dubai Land Department. Updated 25 July 2019.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
16th of 31
Parking
G- 241
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 1.36M · July 2010

About 1601, Fairways West Tower

1601 is a two-bedroom apartment of 1,458 sqft on the 16th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 18 July 2010 for AED 1,362,888, or AED 934 per sqft, 10% below the AED 1,035 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 25 July 2019, is AED 115,000 a year: a gross yield of 8.4% on the 2010 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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 1,362,888 (AED 934 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, 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 2012: AED 110,000 a yearNew contract, November 2014: AED 150,000 a yearNew contract, July 2018: AED 127,000 a yearRenewal, July 2019: AED 115,000 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 1601 sits

All 60 2-beds →

1601 last sold in July 2010 at AED 934 per sqft, 10% below what two-beds in Fairways West Tower were fetching at the time (AED 1,035). 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. 1601's AED 115,000 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 16th floor

All 209 units in Fairways West Tower
Value
16021-bedAED 679K · Nov 2010
16031-bedAED 1.59M · Oct 2017
16041-bedAED 916K · Jul 2010
16052-bedAED 2.2M · Oct 2022
16061-bedAED 2.3M · Jun 2025
16073-bedAED 1.53M · Aug 2017

1601, Fairways West Tower in numbers

  • Sold once: by Emaar on 18 July 2010 for AED 1,362,888, or AED 934 per sqft.
  • Rented since October 2012 on 4 Ejari contracts, from AED 110,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2010 price is 8.4%, 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 25 July 2019.

Questions about 1601, Fairways West Tower

What did unit 1601 last sell for?

AED 1,362,888 on 18 July 2010, sold by the developer: AED 934 per sqft for 1,458 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 115,000 a year on the contract renewed on 25 July 2019. The previous contract, from July 2018, was AED 127,000; the unit has been rented since October 2012.

How big is unit 1601?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 16th floor of a 31-storey tower completed in 2008.

What is unit 1601 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 1601, Fairways West Tower

Starts from the last sale price (AED 1.36M, 18 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,888
Deposit, UAE resident (20%)
AED 272,578
Deposit, non-resident (40%)
AED 545,155
Monthly over 25 years at 3.7%
AED 5,576

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