1407, Fairview Residency
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Fairview Residency
What is 1407 worth today?
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Source: Dubai Land Department. Updated 17 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 885 sqft
- Floor
- 14th of 18
- Parking
- P1-10
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.16M · October 2014
- Building
- Fairview Residency
About 1407, Fairview Residency
1407 is a one-bedroom apartment of 885 sqft on the 14th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 27 October 2014 for AED 1,164,424, or AED 1,316 per sqft, 8% below the AED 1,434 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 17 November 2024, is AED 56,750 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the one-bed median of each year in the building.
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 1407 sits
All 158 1-beds →1407 last sold in October 2014 at AED 1,316 per sqft, 8% below what one-beds in Fairview Residency were fetching at the time (AED 1,434). 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. 1407's AED 56,750 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 781 sqft | 1,385,000 | 1,774 | ||
| 16 Jan 202616 January 2026 | 872 sqft | 1,050,000 | 1,204 | ||
| 22 Dec 202522 December 2025 | 779 sqft | 1,300,000 | 1,668 | ||
| 16 Jul 202516 July 2025 | 851 sqft | 1,100,000 | 1,292 |
Fairview Residency
Building166 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%
Other units on the 14th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 851 sqft | AED 1.27MAED 1,270,000 · Jul 2024July 2024 | 69,000 /yr | |
| 1402 | 1-bed | 833 sqft | AED 1.13MAED 1,125,000 · Sep 2023September 2023 | 60,000 /yr | |
| 1403 | 1-bed | 779 sqft | AED 1.5MAED 1,500,000 · Oct 2014October 2014 | 56,500 /yr | |
| 1404 | 1-bed | 781 sqft | AED 1.39MAED 1,385,000 · Jan 2026January 2026 | 68,500 /yr | |
| 1405 | 1-bed | 832 sqft | AED 1.36MAED 1,360,000 · Nov 2024November 2024 | 58,000 /yr | |
| 1406 | 1-bed | 841 sqft | AED 1.15MAED 1,150,000 · Sep 2015September 2015 | 66,654 /yr | |
| 1408 | 1-bed | 796 sqft | AED 1.15MAED 1,150,275 · Sep 2014September 2014 | 75,000 /yr | |
| 1409 | 1-bed | 796 sqft | AED 1.15MAED 1,150,275 · Sep 2014September 2014 | 60,720 /yr | |
| 1410 | 1-bed | 872 sqft | AED 1.18MAED 1,184,225 · Sep 2014September 2014 | 63,888 /yr |
1407, Fairview Residency in numbers
- Sold once: by Deyaar on 27 October 2014 for AED 1,164,424, or AED 1,316 per sqft.
- Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 41,000 in 2020 and recovered to AED 56,750 by November 2024.
- At AED 56,750 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 13,400 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 17 November 2024.
Questions about 1407, Fairview Residency
What did unit 1407 last sell for?
AED 1,164,424 on 27 October 2014, sold by the developer: AED 1,316 per sqft for 885 sqft. It is the only registered sale of the unit.
What is the rent for unit 1407?
AED 56,750 a year on the contract renewed on 17 November 2024. The previous contract, from November 2023, was AED 56,750; the unit has been rented since November 2016.
How big is unit 1407?
885 sqft (82.2 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2014.
What is unit 1407 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 1407, Fairview Residency
Starts from the last sale price (AED 1.16M, 27 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,164,424
- Deposit, UAE resident (20%)
- AED 232,885
- Deposit, non-resident (40%)
- AED 465,770
- Monthly over 25 years at 3.7%
- AED 4,764
Plus AED 53,916 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →