1603, Fairview Residency
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Fairview Residency
What is 1603 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 16th of 18
- Parking
- P1-27
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 11,800 /yr
- Last sold
- AED 1.1M · May 2023
- Building
- Fairview Residency
About 1603, Fairview Residency
1603 is a one-bedroom apartment of 779 sqft on the 16th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 12 May 2023 for AED 1,100,000, or AED 1,411 per sqft, 24% above the AED 1,142 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 May 2025, is AED 87,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 11,800 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; 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 1603 sits
All 158 1-beds →1603 last sold in May 2023 at AED 1,411 per sqft, 24% 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. 1603's AED 87,000 is in the upper 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 16th floor
All 166 units in Fairview Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 851 sqft | AED 1.17MAED 1,170,000 · Mar 2014March 2014 | 70,000 /yr | |
| 1602 | 1-bed | 833 sqft | AED 1.45MAED 1,450,000 · Oct 2014October 2014 | ||
| 1604 | 1-bed | 781 sqft | AED 1.13MAED 1,126,017 · Jun 2009June 2009 | 74,550 /yr | |
| 1605 | 1-bed | 832 sqft | AED 1.1MAED 1,100,000 · Mar 2023March 2023 | 58,000 /yr | |
| 1606 | 1-bed | 841 sqft | AED 1.05MAED 1,050,000 · Aug 2017August 2017 | 92,000 /yr | |
| 1607 | 1-bed | 885 sqft | AED 1.28MAED 1,275,000 · Sep 2014September 2014 | 73,846 /yr | |
| 1608 | 1-bed | 796 sqft | AED 1.1MAED 1,100,000 · Feb 2017February 2017 | 79,572 /yr | |
| 1609 | 1-bed | 796 sqft | AED 1.23MAED 1,234,092 · Sep 2014September 2014 | 68,000 /yr | |
| 1610 | 1-bed | 872 sqft | AED 1.03MAED 1,028,432 · Dec 2014December 2014 | 71,663 /yr |
1603, Fairview Residency in numbers
- Sold 3 times: first on 7 June 2009 for AED 1,186,169, last on 12 May 2023 for AED 1,100,000 (AED 1,411 per sqft).
- Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 87,000 by May 2025.
- At AED 87,000 a year the gross yield on the 2023 price is 7.9%, 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: Dubai Land Department. Updated 15 May 2025.
Questions about 1603, Fairview Residency
What did unit 1603 last sell for?
AED 1,100,000 on 12 May 2023: AED 1,411 per sqft for 779 sqft. The unit has 3 registered sales; the first was AED 1,186,169 in June 2009.
What is the rent for unit 1603?
AED 87,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2024, was AED 84,000; the unit has been rented since November 2018.
How big is unit 1603?
779 sqft (72.4 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1603 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.
Selling 1603? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1603, Fairview Residency
Starts from the last sale price (AED 1.1M, 12 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →