1-bed · 913 sqftFairways West Tower, The Views · 26th floor · completed 2008

2603, Fairways West Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 1.77M7 August 2024
Current rentAED 84K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Fairways West Tower

What is 2603 worth today?

Last sold for AED 1,770,000 in 2024

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7 Aug 2024SoldReady
AED 1,770,000AED 1,938 per sqft
5 Feb 2024RentedRenewal
AED 84,000/yr12 months · AED 92 per sqft
5 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
5 Feb 2022RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
5 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
5 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
5 Feb 2019RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
5 Feb 2018RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
26th of 31
Parking
G- 236
Developer
Emaar
Completed
2008
Service charge
AED 15,000 /yr
Last sold
AED 1.77M · August 2024

About 2603, Fairways West Tower

2603 is a one-bedroom apartment of 913 sqft on the 26th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 7 August 2024 for AED 1,770,000, or AED 1,938 per sqft, in line with the AED 1,948 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 84,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, July 2010: AED 1,090,888 (AED 1,194 per sqft)Sold, January 2017: AED 1,600,000 (AED 1,752 per sqft)Sold, August 2024: AED 1,770,000 (AED 1,938 per sqft)

2603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Fairways West Tower
75K100K125K2012201620202024Typical 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, February 2017: AED 120,000 a yearRenewal, February 2018: AED 80,000 a yearRenewal, February 2019: AED 80,000 a yearRenewal, February 2020: AED 80,000 a yearRenewal, February 2021: AED 80,000 a yearRenewal, February 2022: AED 80,000 a yearRenewal, February 2023: AED 80,000 a yearRenewal, February 2024: AED 84,000 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 2603 sits

All 119 1-beds →

2603 last sold in August 2024 at AED 1,938 per sqft, in line with what one-beds in Fairways West Tower were fetching at the time (AED 1,948). 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. 2603's AED 84,000 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 26th floor

All 209 units in Fairways West Tower
Value
26012-bedAED 625K · Sep 2011
26021-bedAED 1.35M · Jul 2017
26041-bedAED 1.11M · Apr 2011
26052-bedAED 2.53M · Aug 2023
26061-bedAED 1.5M · Apr 2023
26073-bedAED 2.43M · Jul 2010

2603, Fairways West Tower in numbers

  • Sold 3 times: first on 6 July 2010 for AED 1,090,888, last on 7 August 2024 for AED 1,770,000 (AED 1,938 per sqft).
  • Rented since February 2017 on 8 Ejari contracts, from AED 120,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 15,000 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 7 August 2024.

Questions about 2603, Fairways West Tower

What did unit 2603 last sell for?

AED 1,770,000 on 7 August 2024: AED 1,938 per sqft for 913 sqft. The unit has 3 registered sales; the first was AED 1,090,888 in July 2010.

What is the rent for unit 2603?

AED 84,000 a year on the contract renewed on 5 February 2024. The previous contract, from February 2023, was AED 80,000; the unit has been rented since February 2017.

How big is unit 2603?

913 sqft (84.8 sqm): a one-bedroom apartment on the 26th floor of a 31-storey tower completed in 2008.

What is unit 2603 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 2603, Fairways West Tower

Starts from the last sale price (AED 1.77M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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