1607, Fairview Residency
Sold prices and rental history: sold 3 times, last in September 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 1607, Fairview Residency
What is 1607 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 885 sqft
- Floor
- 16th of 18
- Parking
- P3-50
- Developer
- Deyaar
- Completed
- 2014
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.28M · September 2014
- Building
- Fairview Residency
About 1607, Fairview Residency
1607 is a one-bedroom apartment of 885 sqft on the 16th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. It last sold on 29 September 2014 for AED 1,275,000, or AED 1,441 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 2016 on 7 Ejari contracts. The current contract, signed on 1 June 2024, is AED 73,846 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1607 over time
1607 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 1607 sits
All 158 1-beds →1607 last sold in September 2014 at AED 1,441 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. 1607's AED 73,846 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 | |
| 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 | |
| 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 |
1607, Fairview Residency in numbers
- Sold 3 times: first on 7 June 2009 for AED 1,771,259, last on 29 September 2014 for AED 1,275,000 (AED 1,441 per sqft).
- Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2020 and recovered to AED 73,846 by June 2024.
- At AED 73,846 a year the gross yield on the 2014 price is 5.8%, 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: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.
Questions about 1607, Fairview Residency
What did unit 1607 last sell for?
AED 1,275,000 on 29 September 2014: AED 1,441 per sqft for 885 sqft. The unit has 3 registered sales; the first was AED 1,771,259 in June 2009.
What is the rent for unit 1607?
AED 73,846 a year on the contract signed on 1 June 2024. The previous contract, from August 2022, was AED 70,000; the unit has been rented since November 2016.
How big is unit 1607?
885 sqft (82.2 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1607 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 1607, Fairview Residency
Starts from the last sale price (AED 1.28M, 29 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus AED 58,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →