501, Fairways West Tower
Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Fairways West Tower
What is 501 worth today?
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Source: Dubai Land Department. Updated 27 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,458 sqft
- Floor
- 5th of 31
- Parking
- G- 184
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 24,000 /yr
- Last sold
- AED 1.85M · October 2022
- Building
- Fairways West Tower
About 501, Fairways West Tower
501 is a two-bedroom apartment of 1,458 sqft on the 5th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 27 October 2022 for AED 1,850,000, or AED 1,268 per sqft, 8% below the AED 1,371 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 26 January 2022, is AED 128,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 24,000 a year.
Sales and rents for 501 over time
501 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 60 2-beds →501 last sold in October 2022 at AED 1,268 per sqft, 8% below what two-beds in Fairways West Tower were fetching at the time (AED 1,371). 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. 501's AED 128,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,290 sqft | 3,100,000 | 2,403 | ||
| 30 Jun 202530 June 2025 | 1,458 sqft | 2,800,000 | 1,920 | ||
| 4 Jun 20254 June 2025 | 1,284 sqft | 2,750,000 | 2,141 | ||
| 21 Apr 202521 April 2025 | 1,290 sqft | 3,000,000 | 2,325 |
Fairways West Tower
Building209 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%
Other units on the 5th floor
All 209 units in Fairways West Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 734 sqft | AED 601KAED 600,888 · Aug 2010August 2010 | 95,000 /yr | |
| 503 | 1-bed | 913 sqft | AED 739KAED 738,888 · Dec 2009December 2009 | 95,000 /yr | |
| 504 | 1-bed | 778 sqft | AED 1.23MAED 1,230,000 · Mar 2023March 2023 | 97,125 /yr | |
| 505 | 2-bed | 1,290 sqft | AED 1.39MAED 1,386,000 · Oct 2009October 2009 | 150,000 /yr | |
| 506 | 1-bed | 772 sqft | AED 1.6MAED 1,600,000 · Mar 2024March 2024 | 100,000 /yr | |
| 507 | 3-bed | 1,750 sqft | AED 2.43MAED 2,425,000 · Feb 2013February 2013 |
501, Fairways West Tower in numbers
- Sold 3 times: first on 16 June 2011 for AED 1,224,888, last on 27 October 2022 for AED 1,850,000 (AED 1,268 per sqft).
- Rented since October 2020 on 2 Ejari contracts, from AED 90,000 to AED 128,000 a year.
- At AED 128,000 a year the gross yield on the 2022 price is 6.9%, 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 27 October 2022.
Questions about 501, Fairways West Tower
What did unit 501 last sell for?
AED 1,850,000 on 27 October 2022: AED 1,268 per sqft for 1,458 sqft. The unit has 3 registered sales; the first was AED 1,224,888 in June 2011.
What is the rent for unit 501?
AED 128,000 a year on the contract signed on 26 January 2022. The previous contract, from October 2020, was AED 90,000.
How big is unit 501?
1,458 sqft (135.5 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2008.
What is unit 501 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 501, Fairways West Tower
Starts from the last sale price (AED 1.85M, 27 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →