1604, Fairview Residency
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Fairview Residency
What is 1604 worth today?
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Source: Dubai Land Department. Updated 22 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 781 sqft
- Floor
- 16th of 18
- Parking
- P1-51
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 11,800 /yr
- Last sold
- AED 1.13M · June 2009
- Building
- Fairview Residency
About 1604, Fairview Residency
1604 is a one-bedroom apartment of 781 sqft on the 16th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 7 June 2009 for AED 1,126,017, or AED 1,442 per sqft, 25% below the AED 1,916 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 22 February 2025, is AED 74,550 a year: a gross yield of 6.6% on the 2009 price, before the service charge of about AED 11,800 a year.
Sales and rents for 1604 over time
1604 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 1604 sits
All 158 1-beds →1604 last sold in June 2009 at AED 1,442 per sqft, 25% below what one-beds in Fairview Residency were fetching at the time (AED 1,916). 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. 1604's AED 74,550 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 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 | ||
| 1603 | 1-bed | 779 sqft | AED 1.1MAED 1,100,000 · May 2023May 2023 | 87,000 /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 |
1604, Fairview Residency in numbers
- Sold once: by Deyaar on 7 June 2009 for AED 1,126,017, or AED 1,442 per sqft.
- Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 92,000 to AED 60,000 in 2019 and recovered to AED 74,550 by February 2025.
- At AED 74,550 a year the gross yield on the 2009 price is 6.6%, 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 22 February 2025.
Questions about 1604, Fairview Residency
What did unit 1604 last sell for?
AED 1,126,017 on 7 June 2009, sold by the developer: AED 1,442 per sqft for 781 sqft. It is the only registered sale of the unit.
What is the rent for unit 1604?
AED 74,550 a year on the contract renewed on 22 February 2025. The previous contract, from February 2023, was AED 68,000; the unit has been rented since October 2014.
How big is unit 1604?
781 sqft (72.6 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1604 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 1604, Fairview Residency
Starts from the last sale price (AED 1.13M, 7 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,126,017
- Deposit, UAE resident (20%)
- AED 225,203
- Deposit, non-resident (40%)
- AED 450,407
- Monthly over 25 years at 3.7%
- AED 4,607
Plus AED 52,303 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →