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2-bed · 1,458 sqftFairways West Tower, The Views · 7th floor · completed 2008

701, Fairways West Tower

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

Unit 701 · DLD and Ejari recordsUpdated 15 August 2019
Last soldAED 2.2M30 July 2017
Current rentAED 133K /yr15 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Fairways West Tower

What is 701 worth today?

Last sold for AED 2,200,000 in 2017

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15 Aug 2019RentedRenewal
AED 132,500/yr12 months · AED 91 per sqft
15 Aug 2018RentedRenewal
AED 139,000/yr12 months · AED 96 per sqft
15 Aug 2017RentedNew contract
AED 143,000/yr12 months · AED 98 per sqft
30 Jul 2017SoldReady
AED 2,200,000AED 1,508 per sqft
17 Apr 2013Sold by developerReady
AED 1,267,888AED 869 per sqft

Source: Dubai Land Department. Updated 15 August 2019.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
7th of 31
Parking
G- 186
Developer
Emaar
Completed
2008
Service charge
AED 24,000 /yr
Last sold
AED 2.2M · July 2017
Building
Fairways West Tower

About 701, Fairways West Tower

701 is a two-bedroom apartment of 1,458 sqft on the 7th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. It last sold on 30 July 2017 for AED 2,200,000, or AED 1,508 per sqft, 4% below the AED 1,577 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 15 August 2019, is AED 132,500 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 24,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Fairways West Tower
1M2M3M2009201420192024Typical 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, April 2013: AED 1,267,888 (AED 869 per sqft)Sold, July 2017: AED 2,200,000 (AED 1,508 per sqft)

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

Rents
Unit 701, 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, August 2017: AED 143,000 a yearRenewal, August 2018: AED 139,000 a yearRenewal, August 2019: AED 132,500 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 701 sits

All 60 2-beds →

701 last sold in July 2017 at AED 1,508 per sqft, 4% below what two-beds in Fairways West Tower were fetching at the time (AED 1,577). 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. 701's AED 132,500 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 7th floor

All 209 units in Fairways West Tower
Value
7021-bedAED 1.3M · Mar 2017
7031-bedAED 1.93M · Jun 2025
7041-bedAED 703K · Jul 2017
7052-bedAED 1.9M · Feb 2013
7061-bedAED 1.53M · Dec 2022
7073-bedAED 4.35M · Dec 2025

701, Fairways West Tower in numbers

  • Sold twice: first on 17 April 2013 for AED 1,267,888, last on 30 July 2017 for AED 2,200,000 (AED 1,508 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 143,000 to AED 132,500 a year.
  • At AED 132,500 a year the gross yield on the 2017 price is 6.0%, 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 August 2019.

Questions about 701, Fairways West Tower

What did unit 701 last sell for?

AED 2,200,000 on 30 July 2017: AED 1,508 per sqft for 1,458 sqft. The unit has 2 registered sales; the first was AED 1,267,888 in April 2013.

What is the rent for unit 701?

AED 132,500 a year on the contract renewed on 15 August 2019. The previous contract, from August 2018, was AED 139,000; the unit has been rented since August 2017.

How big is unit 701?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 7th floor of a 31-storey tower completed in 2008.

What is unit 701 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 701, Fairways West Tower

Starts from the last sale price (AED 2.2M, 30 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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