1-bed · 734 sqftFairways West Tower, The Views · 16th floor · completed 2008

1602, Fairways West Tower

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 16 August 2020
Last soldAED 457K25 November 2010
Current rentAED 63K /yr16 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Fairways West Tower

What is 1602 worth today?

Last sold for AED 456,666 in 2010

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16 Aug 2020RentedNew contract
AED 63,000/yr12 months · AED 86 per sqft
28 Jun 2018RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
10 May 2016RentedRenewal
AED 105,000/yr12 months · AED 143 per sqft
10 May 2015RentedNew contract
AED 105,000/yr12 months · AED 143 per sqft
1 Jan 2014RentedNew contract
AED 85,000/yr12 months · AED 116 per sqft
1 Jan 2013RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
25 Nov 2010Sold by developerReady
AED 456,666AED 622 per sqft
25 Nov 2010SoldReady
AED 678,888AED 924 per sqft

Source: Dubai Land Department. Updated 16 August 2020.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
16th of 31
Parking
G- 305
Developer
Emaar
Completed
2008
Service charge
AED 12,100 /yr
Last sold
AED 457K · November 2010

About 1602, Fairways West Tower

1602 is a one-bedroom apartment of 734 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 25 November 2010 for AED 456,666, or AED 622 per sqft, 43% below the AED 1,089 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 16 August 2020, is AED 63,000 a year: a gross yield of 13.8% on the 2010 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, November 2010: AED 456,666 (AED 622 per sqft)Sold, November 2010: AED 678,888 (AED 924 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Fairways West Tower
60K80K100K2012201620202024Typical 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, January 2013: AED 80,000 a yearNew contract, January 2014: AED 85,000 a yearNew contract, May 2015: AED 105,000 a yearRenewal, May 2016: AED 105,000 a yearNew contract, June 2018: AED 90,000 a yearNew contract, August 2020: AED 63,000 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 1602 sits

All 119 1-beds →

1602 last sold in November 2010 at AED 622 per sqft, 43% below what one-beds in Fairways West Tower were fetching at the time (AED 1,089). 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. 1602's AED 63,000 is in the lower 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 16th floor

All 209 units in Fairways West Tower
Value
16012-bedAED 1.36M · Jul 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

1602, Fairways West Tower in numbers

  • Sold twice: first on 25 November 2010 for AED 678,888, last on 25 November 2010 for AED 456,666 (AED 622 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 80,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2010 price is 13.8%, before a service charge of about AED 12,100 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 16 August 2020.

Questions about 1602, Fairways West Tower

What did unit 1602 last sell for?

AED 456,666 on 25 November 2010, sold by the developer: AED 622 per sqft for 734 sqft. The unit has 2 registered sales; the first was AED 678,888 in November 2010.

What is the rent for unit 1602?

AED 63,000 a year on the contract signed on 16 August 2020. The previous contract, from June 2018, was AED 90,000; the unit has been rented since January 2013.

How big is unit 1602?

734 sqft (68.2 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2008.

What is unit 1602 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 1602, Fairways West Tower

Starts from the last sale price (AED 457K, 25 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 456,666
Deposit, UAE resident (20%)
AED 91,333
Deposit, non-resident (40%)
AED 182,666
Monthly over 25 years at 3.7%
AED 1,868

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