1508, Fairview Residency
Sold prices and rental history: sold once, by the developer in November 2017, 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 1508, Fairview Residency
What is 1508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 15th of 18
- Parking
- P3-48
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 950K · November 2017
- Building
- Fairview Residency
About 1508, Fairview Residency
1508 is a one-bedroom apartment of 796 sqft on the 15th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 2 November 2017 for AED 950,000, or AED 1,193 per sqft, 4% below the AED 1,249 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 3 April 2025, is AED 78,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 12,000 a year.
Sales and rents for 1508 over time
1508 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 1508 sits
All 158 1-beds →1508 last sold in November 2017 at AED 1,193 per sqft, 4% below what one-beds in Fairview Residency were fetching at the time (AED 1,249). 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. 1508's AED 78,000 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 15th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 851 sqft | AED 1.15MAED 1,150,000 · Mar 2025March 2025 | 80,000 /yr | |
| 1502 | 1-bed | 833 sqft | AED 1.45MAED 1,450,000 · Oct 2014October 2014 | 90,000 /yr | |
| 1503 | 1-bed | 779 sqft | AED 1MAED 1,000,100 · Jan 2019January 2019 | 110,000 /yr | |
| 1504 | 1-bed | 781 sqft | AED 1.28MAED 1,283,062 · Aug 2014August 2014 | 76,500 /yr | |
| 1505 | 1-bed | 832 sqft | AED 1.28MAED 1,275,000 · Oct 2015October 2015 | 85,000 /yr | |
| 1506 | 1-bed | 841 sqft | AED 1.22MAED 1,220,000 · Nov 2023November 2023 | 75,000 /yr | |
| 1507 | 1-bed | 885 sqft | AED 1.19MAED 1,191,808 · Sep 2014September 2014 | 75,000 /yr | |
| 1509 | 1-bed | 796 sqft | AED 1.15MAED 1,150,275 · Sep 2014September 2014 | 66,654 /yr | |
| 1510 | 1-bed | 872 sqft | AED 1.05MAED 1,050,000 · Jan 2026January 2026 | 73,500 /yr |
1508, Fairview Residency in numbers
- Sold once: by Deyaar on 2 November 2017 for AED 950,000, or AED 1,193 per sqft.
- Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2021 and recovered to AED 78,000 by April 2025.
- At AED 78,000 a year the gross yield on the 2017 price is 8.2%, 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: YallaValue analysis of Dubai Land Department records. Updated 3 April 2025.
Questions about 1508, Fairview Residency
What did unit 1508 last sell for?
AED 950,000 on 2 November 2017, sold by the developer: AED 1,193 per sqft for 796 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 78,000 a year on the contract renewed on 3 April 2025. The previous contract, from April 2024, was AED 78,000; the unit has been rented since January 2015.
How big is unit 1508?
796 sqft (74.0 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1508 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 1508, Fairview Residency
Starts from the last sale price (AED 950K, 2 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →