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1-bed · 778 sqftFairways West Tower, The Views · 22nd floor · completed 2008

2204, Fairways West Tower

Sold prices and rental history: sold twice, last in June 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 8 June 2014
Last soldAED 1.75M8 June 2014
Current rentAED 85K /yr24 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2204, Fairways West Tower

What is 2204 worth today?

Last sold for AED 1,750,000 in 2014

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8 Jun 2014SoldReady
AED 1,750,000AED 2,249 per sqft
24 Apr 2014RentedNew contract
AED 84,697/yr10 months · AED 109 per sqft
25 Apr 2013RentedNew contract
AED 85,000/yr12 months · AED 110 per sqft
1 Sep 2010Sold by developerReady
AED 972,888AED 1,250 per sqft

Source: Dubai Land Department. Updated 8 June 2014.

Key facts

Type
1-bed apartment
Size
778 sqft
Floor
22nd of 31
Parking
G- 147
Developer
Emaar
Completed
2008
Service charge
AED 12,800 /yr
Last sold
AED 1.75M · June 2014
Building
Fairways West Tower

About 2204, Fairways West Tower

2204 is a one-bedroom apartment of 778 sqft on the 22nd floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 8 June 2014 for AED 1,750,000, or AED 2,249 per sqft, 36% above the AED 1,657 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 24 April 2014, is AED 84,697 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 12,800 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, 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, September 2010: AED 972,888 (AED 1,250 per sqft)Sold, June 2014: AED 1,750,000 (AED 2,249 per sqft)

2204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2204, each contractTypical one-bed in Fairways West Tower
80K100K2012201620202024Typical 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, April 2013: AED 85,000 a yearNew contract, April 2014: AED 84,697 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 2204 sits

All 119 1-beds →

2204 last sold in June 2014 at AED 2,249 per sqft, 36% above what one-beds in Fairways West Tower were fetching at the time (AED 1,657). 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. 2204's AED 84,697 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 22nd floor

All 209 units in Fairways West Tower
Value
22012-bedAED 1.75M · Aug 2021
22021-bedAED 357K · Nov 2009
22031-bedAED 1.26M · Apr 2021
22052-bedAED 2.21M · Sep 2022
22061-bedAED 900K · Feb 2013
22073-bedAED 1.95M · Sep 2010

2204, Fairways West Tower in numbers

  • Sold twice: first on 1 September 2010 for AED 972,888, last on 8 June 2014 for AED 1,750,000 (AED 2,249 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, from AED 85,000 to AED 84,697 a year.
  • At AED 84,697 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 12,800 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 8 June 2014.

Questions about 2204, Fairways West Tower

What did unit 2204 last sell for?

AED 1,750,000 on 8 June 2014: AED 2,249 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 972,888 in September 2010.

What is the rent for unit 2204?

AED 84,697 a year on the contract signed on 24 April 2014. The previous contract, from April 2013, was AED 85,000.

How big is unit 2204?

778 sqft (72.3 sqm): a one-bedroom apartment on the 22nd floor of a 31-storey tower completed in 2008.

What is unit 2204 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 2204, Fairways West Tower

Starts from the last sale price (AED 1.75M, 8 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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