1-bed · 781 sqftFairview Residency, Business Bay · 13th floor · completed 2014

1304, Fairview Residency

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 1.05M3 May 2024
Current rentAED 52K /yr10 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Fairview Residency

What is 1304 worth today?

Last sold for AED 1,050,000 in 2024

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3 May 2024SoldReady
AED 1,050,000AED 1,345 per sqft
10 Mar 2021RentedNew contract
AED 52,000/yr12 months · AED 66 per sqft
27 Aug 2016RentedNew contract
AED 89,250/yr6 months · AED 114 per sqft
27 Aug 2015RentedRenewal
AED 89,250/yr12 months · AED 114 per sqft
11 Dec 2014Sold by developerReady
AED 1,304,047AED 1,670 per sqft
27 Aug 2014RentedNew contract
AED 85,000/yr12 months · AED 108 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2024.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
13th of 18
Parking
P3-38
Developer
Deyaar
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 1.05M · May 2024

About 1304, Fairview Residency

1304 is a one-bedroom apartment of 781 sqft on the 13th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 3 May 2024 for AED 1,050,000, or AED 1,345 per sqft, in line with the AED 1,318 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 10 March 2021, is AED 52,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, December 2014: AED 1,304,047 (AED 1,670 per sqft)Sold, May 2024: AED 1,050,000 (AED 1,345 per sqft)

1304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, 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, August 2014: AED 85,000 a yearRenewal, August 2015: AED 89,250 a yearNew contract, August 2016: AED 89,250 a yearNew contract, March 2021: AED 52,000 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 1304 sits

All 158 1-beds →

1304 last sold in May 2024 at AED 1,345 per sqft, in line with what one-beds in Fairview Residency were fetching at the time (AED 1,318). 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. 1304's AED 52,000 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 13th floor

All 166 units in Fairview Residency
Value
13011-bedAED 1.17M · Sep 2014
13021-bedAED 1.05M · Oct 2023
13031-bedAED 1.05M · Mar 2024
13051-bedAED 1.05M · Sep 2023
13061-bedAED 1.1M · Oct 2024
13071-bedAED 1.19M · Oct 2014
13081-bedAED 1.13M · May 2016
1–7 of 9

1304, Fairview Residency in numbers

  • Sold twice: first on 11 December 2014 for AED 1,304,047, last on 3 May 2024 for AED 1,050,000 (AED 1,345 per sqft).
  • Rented since August 2014 on 4 Ejari contracts, from AED 85,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 11,800 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 3 May 2024.

Questions about 1304, Fairview Residency

What did unit 1304 last sell for?

AED 1,050,000 on 3 May 2024: AED 1,345 per sqft for 781 sqft. The unit has 2 registered sales; the first was AED 1,304,047 in December 2014.

What is the rent for unit 1304?

AED 52,000 a year on the contract signed on 10 March 2021. The previous contract, from August 2016, was AED 89,250; the unit has been rented since August 2014.

How big is unit 1304?

781 sqft (72.6 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower completed in 2014.

What is unit 1304 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 1304, Fairview Residency

Starts from the last sale price (AED 1.05M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →