2-bed · 1,458 sqftFairways West Tower, The Views · 6th floor · completed 2008

601, Fairways West Tower

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 15 September 2019
Last soldAED 628K17 September 2009
Current rentAED 115K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Fairways West Tower

What is 601 worth today?

Last sold for AED 628,444 in 2009

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15 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
8 Nov 2018RentedNew contract
AED 125,000/yr12 months · AED 86 per sqft
1 Sep 2017RentedNew contract
AED 135,000/yr12 months · AED 93 per sqft
12 May 2016RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft
12 May 2015RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft
12 May 2014RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
12 May 2013RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
17 Sep 2009Sold by developerReady
AED 628,444AED 431 per sqft

Source: Dubai Land Department. Updated 15 September 2019.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
6th of 31
Parking
G- 185
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 628K · September 2009

About 601, Fairways West Tower

601 is a two-bedroom apartment of 1,458 sqft on the 6th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 17 September 2009 for AED 628,444, or AED 431 per sqft, 55% below the AED 959 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 September 2019, is AED 115,000 a year: a gross yield of 18.3% on the 2009 price, before the service charge of about AED 24,000 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Fairways West Tower
2M2009201420192024Typical 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, September 2009: AED 628,444 (AED 431 per sqft)

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

Rents
Unit 601, 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, May 2013: AED 130,000 a yearNew contract, May 2014: AED 150,000 a yearRenewal, May 2015: AED 150,000 a yearRenewal, May 2016: AED 150,000 a yearNew contract, September 2017: AED 135,000 a yearNew contract, November 2018: AED 125,000 a yearNew contract, September 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 601 sits

All 60 2-beds →

601 last sold in September 2009 at AED 431 per sqft, 55% below what two-beds in Fairways West Tower were fetching at the time (AED 959). 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. 601'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 6th floor

All 209 units in Fairways West Tower
Value
6021-bedAED 881K · Jun 2016
6031-bedAED 2.02M · Jul 2026
6041-bedAED 1.8M · Apr 2026
6052-bedAED 1.43M · Oct 2011
6061-bedAED 2M · Aug 2025
6073-bedAED 1.95M · Sep 2009

601, Fairways West Tower in numbers

  • Sold once: by Emaar on 17 September 2009 for AED 628,444, or AED 431 per sqft.
  • Rented since May 2013 on 7 Ejari contracts, from AED 130,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2009 price is 18.3%, 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 15 September 2019.

Questions about 601, Fairways West Tower

What did unit 601 last sell for?

AED 628,444 on 17 September 2009, sold by the developer: AED 431 per sqft for 1,458 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 115,000 a year on the contract signed on 15 September 2019. The previous contract, from November 2018, was AED 125,000; the unit has been rented since May 2013.

How big is unit 601?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 6th floor of a 31-storey tower completed in 2008.

What is unit 601 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 601, Fairways West Tower

Starts from the last sale price (AED 628K, 17 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 628,444
Deposit, UAE resident (20%)
AED 125,689
Deposit, non-resident (40%)
AED 251,378
Monthly over 25 years at 3.7%
AED 2,571

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