1409, Fairview Residency
Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1409, Fairview Residency
What is 1409 worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 14th of 18
- Parking
- P2-17
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.15M · September 2014
- Building
- Fairview Residency
About 1409, Fairview Residency
1409 is a one-bedroom apartment of 796 sqft on the 14th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 3 September 2014 for AED 1,150,275, or AED 1,444 per sqft, in line with the AED 1,434 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 60,720 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 12,000 a year.
Sales and rents for 1409 over time
1409 has sold twice; 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 1409 sits
All 158 1-beds →1409 last sold in September 2014 at AED 1,444 per sqft, in line with 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. 1409's AED 60,720 is in the lower half 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 | |
| 1407 | 1-bed | 885 sqft | AED 1.16MAED 1,164,424 · Oct 2014October 2014 | 56,750 /yr | |
| 1408 | 1-bed | 796 sqft | AED 1.15MAED 1,150,275 · Sep 2014September 2014 | 75,000 /yr | |
| 1410 | 1-bed | 872 sqft | AED 1.18MAED 1,184,225 · Sep 2014September 2014 | 63,888 /yr |
1409, Fairview Residency in numbers
- Sold twice: first on 2 March 2014 for AED 1,150,275, last on 3 September 2014 for AED 1,150,275 (AED 1,444 per sqft).
- Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2021 and recovered to AED 60,720 by June 2024.
- At AED 60,720 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 12,000 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 15 June 2024.
Questions about 1409, Fairview Residency
What did unit 1409 last sell for?
AED 1,150,275 on 3 September 2014: AED 1,444 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 1,150,275 in March 2014.
What is the rent for unit 1409?
AED 60,720 a year on the contract renewed on 15 June 2024. The previous contract, from June 2022, was AED 44,000; the unit has been rented since July 2015.
How big is unit 1409?
796 sqft (74.0 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2014.
What is unit 1409 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 1409, Fairview Residency
Starts from the last sale price (AED 1.15M, 3 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,275
- Deposit, UAE resident (20%)
- AED 230,055
- Deposit, non-resident (40%)
- AED 460,110
- Monthly over 25 years at 3.7%
- AED 4,706
Plus AED 53,322 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →