1-bed · 830 sqftFairview Residency, Business Bay · 12th floor · completed 2014

1202, Fairview Residency

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 1.03M24 April 2023
Current rentAED 50K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Fairview Residency

What is 1202 worth today?

Last sold for AED 1,025,000 in 2023

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24 Apr 2023SoldReady
AED 1,025,000AED 1,234 per sqft
25 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
25 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
1 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
5 Mar 2018RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
20 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
12 Aug 2014SoldReady
AED 1,219,180AED 1,468 per sqft
7 Jun 2010Sold by developerOff-plan
AED 1,174,180AED 1,414 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 April 2023.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
12th of 18
Parking
B-8
Developer
Deyaar
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 1.03M · April 2023

About 1202, Fairview Residency

1202 is a one-bedroom apartment of 830 sqft on the 12th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 24 April 2023 for AED 1,025,000, or AED 1,234 per sqft, 8% above the AED 1,142 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 March 2022, is AED 50,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, June 2010: AED 1,174,180 (AED 1,414 per sqft)Sold, August 2014: AED 1,219,180 (AED 1,468 per sqft)Sold, April 2023: AED 1,025,000 (AED 1,234 per sqft)

1202 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, 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, September 2017: AED 80,000 a yearNew contract, March 2018: AED 80,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, March 2021: AED 50,000 a yearNew contract, March 2022: AED 50,000 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 1202 sits

All 158 1-beds →

1202 last sold in April 2023 at AED 1,234 per sqft, 8% above what one-beds in Fairview Residency were fetching at the time (AED 1,142). 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. 1202's AED 50,000 is at the bottom 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 12th floor

All 166 units in Fairview Residency
Value
12011-bedAED 1.1M · Jul 2025
12031-bedAED 1.24M · Jan 2024
12041-bedAED 1.4M · Nov 2014
12051-bedAED 1.32M · May 2025
12061-bedAED 916K · Aug 2014
12071-bedAED 700K · Oct 2019
12081-bedAED 1.13M · Oct 2024
1–7 of 9

1202, Fairview Residency in numbers

  • Sold 3 times: first on 7 June 2010 for AED 1,174,180, last on 24 April 2023 for AED 1,025,000 (AED 1,234 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 12,500 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: YallaValue analysis of Dubai Land Department records. Updated 24 April 2023.

Questions about 1202, Fairview Residency

What did unit 1202 last sell for?

AED 1,025,000 on 24 April 2023: AED 1,234 per sqft for 830 sqft. The unit has 3 registered sales; the first was AED 1,174,180 in June 2010.

What is the rent for unit 1202?

AED 50,000 a year on the contract signed on 25 March 2022. The previous contract, from March 2021, was AED 50,000; the unit has been rented since September 2017.

How big is unit 1202?

830 sqft (77.1 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.

What is unit 1202 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 1202, Fairview Residency

Starts from the last sale price (AED 1.03M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →