1-bed · 841 sqftFairview Residency, Business Bay · 10th floor · completed 2014

1006, Fairview Residency

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

Unit 1006 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 1M24 August 2017
Current rentAED 85K /yr14 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Fairview Residency

What is 1006 worth today?

Last sold for AED 1,000,000 in 2017

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14 Feb 2025RentedRenewal
AED 85,000/yr12 months · AED 101 per sqft
14 Feb 2024RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
24 Aug 2017SoldReady
AED 1,000,000AED 1,189 per sqft
16 Sep 2014Sold by developerReady
AED 1,199,337AED 1,426 per sqft

Source: Dubai Land Department. Updated 14 February 2025.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
10th of 18
Parking
P3-30
Developer
Deyaar
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 1M · August 2017

About 1006, Fairview Residency

1006 is a one-bedroom apartment of 841 sqft on the 10th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 24 August 2017 for AED 1,000,000, or AED 1,189 per sqft, 14% below the AED 1,381 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 14 February 2025, is AED 85,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical one-bed in Fairview Residency
01M2009201420192024Typical sale price by year: 2009 AED 1,521,701; 2010 AED 1,110,535; 2013 AED 1,266,991; 2014 AED 1,191,808; 2015 AED 1,170,000; 2016 AED 1,200,000; 2017 AED 1,075,000; 2019 AED 770,000; 2021 AED 143,696; 2022 AED 775,000; 2023 AED 1,050,000; 2024 AED 1,112,500; 2025 AED 1,180,000Sold by developer, September 2014: AED 1,199,337 (AED 1,426 per sqft)Sold, August 2017: AED 1,000,000 (AED 1,189 per sqft)

1006 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in Fairview Residency
60K80K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 89,250; 2016 AED 84,109; 2017 AED 80,000; 2018 AED 70,500; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 57,000; 2023 AED 68,000; 2024 AED 72,500; 2025 AED 78,000; 2026 AED 90,000New contract, February 2024: AED 85,000 a yearRenewal, February 2025: AED 85,000 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 Fairview Residency, and where 1006 sits

All 158 1-beds →

1006 last sold in August 2017 at AED 1,189 per sqft, 14% below what one-beds in Fairview Residency were fetching at the time (AED 1,381). Over the last 12 months one-beds sold for AED 1,050,000 to 1,385,000, around AED 1,668 per sqft, and rent for AED 60,000 to 110,000 a year. 1006's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 20261,385,000
16 Jan 20261,050,000
22 Dec 20251,300,000
16 Jul 20251,100,000
3 1-bed sales in the last 12 months

Fairview Residency

Building

166 apartments, 1-bed to 2-bed over 18 floors in Business Bay, completed in 2014 by Deyaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,579
Typical sale
AED 1.34M
Typical rent
AED 85K /yr
Typical yield
6.5%
Fairview Residency, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 166 units in Fairview Residency
Value
10011-bedAED 650K · Mar 2015
10021-bedAED 850K · Jan 2022
10031-bedAED 1.28M · Aug 2014
10041-bedAED 1.15M · Feb 2024
10051-bedAED 1.35M · Jul 2013
10071-bedAED 1.16M · Jul 2013
10081-bedAED 1.15M · Sep 2014
1–7 of 9

1006, Fairview Residency in numbers

  • Sold twice: first on 16 September 2014 for AED 1,199,337, last on 24 August 2017 for AED 1,000,000 (AED 1,189 per sqft).
  • Rented since February 2024 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 12,700 a year (AED 15.11 per sqft).
  • One-beds in Fairview Residency sold for AED 1,050,000–1,385,000 in the 12 months to November 2026; the building's median across all types is AED 1,579 per sqft.

Source: Dubai Land Department. Updated 14 February 2025.

Questions about 1006, Fairview Residency

What did unit 1006 last sell for?

AED 1,000,000 on 24 August 2017: AED 1,189 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,199,337 in September 2014.

What is the rent for unit 1006?

AED 85,000 a year on the contract renewed on 14 February 2025. The previous contract, from February 2024, was AED 85,000.

How big is unit 1006?

841 sqft (78.1 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairview Residency sold for AED 1,050,000 to 1,385,000 in the last 12 months, around AED 1,668 per sqft.

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Mortgage on 1006, Fairview Residency

Starts from the last sale price (AED 1M, 24 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →