1-bed · 884 sqftFairview Residency, Business Bay · 2nd floor · completed 2014

207, Fairview Residency

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.24M3 September 2014
Current rentAED 63K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Fairview Residency

What is 207 worth today?

Last sold for AED 1,238,069 in 2014

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1 Mar 2024RentedRenewal
AED 63,250/yr12 months · AED 72 per sqft
1 Mar 2023RentedRenewal
AED 57,500/yr12 months · AED 65 per sqft
1 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
15 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
16 Mar 2019RentedNew contract
AED 58,000/yr12 months · AED 66 per sqft
3 Sep 2014SoldReady
AED 1,238,069AED 1,400 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,707,347AED 1,931 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
2nd of 18
Parking
P1-23
Developer
Deyaar
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.24M · September 2014

About 207, Fairview Residency

207 is a one-bedroom apartment of 884 sqft on the 2nd 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 1,238,069, or AED 1,400 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 2019 on 5 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 63,250 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 13,400 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in Fairview Residency
01M2009201420192024Typical sale price by year: 2009 AED 1,521,701; 2010 AED 1,110,535; 2013 AED 1,266,991; 2014 AED 1,191,808; 2015 AED 1,170,000; 2016 AED 1,200,000; 2017 AED 1,075,000; 2019 AED 770,000; 2021 AED 143,696; 2022 AED 775,000; 2023 AED 1,050,000; 2024 AED 1,112,500; 2025 AED 1,180,000Sold by developer, June 2009: AED 1,707,347 (AED 1,931 per sqft)Sold, September 2014: AED 1,238,069 (AED 1,400 per sqft)

207 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 207, each contractTypical one-bed in Fairview Residency
50K75K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 89,250; 2016 AED 84,109; 2017 AED 80,000; 2018 AED 70,500; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 57,000; 2023 AED 68,000; 2024 AED 72,500; 2025 AED 78,000; 2026 AED 90,000New contract, March 2019: AED 58,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, March 2022: AED 50,000 a yearRenewal, March 2023: AED 57,500 a yearRenewal, March 2024: AED 63,250 a year

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 207 sits

All 158 1-beds →

207 last sold in September 2014 at AED 1,400 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. 207's AED 63,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 20261,385,000
16 Jan 20261,050,000
22 Dec 20251,300,000
16 Jul 20251,100,000
3 1-bed sales in the last 12 months

Fairview Residency

Building

166 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%
Fairview Residency, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 166 units in Fairview Residency
Value
2011-bedAED 660K · Jan 2020
2021-bedAED 950K · Mar 2023
2031-bedAED 825K · Dec 2021
2041-bedAED 1.08M · Oct 2024
2051-bedAED 1.46M · Jun 2015
2061-bedAED 1.3M · Sep 2014
2081-bedAED 1.14M · Sep 2014
1–7 of 9

207, Fairview Residency in numbers

  • Sold twice: first on 7 June 2009 for AED 1,707,347, last on 3 September 2014 for AED 1,238,069 (AED 1,400 per sqft).
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 40,000 in 2020 and recovered to AED 63,250 by March 2024.
  • At AED 63,250 a year the gross yield on the 2014 price is 5.1%, 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: Dubai Land Department. Updated 1 March 2024.

Questions about 207, Fairview Residency

What did unit 207 last sell for?

AED 1,238,069 on 3 September 2014: AED 1,400 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 1,707,347 in June 2009.

What is the rent for unit 207?

AED 63,250 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 57,500; the unit has been rented since March 2019.

How big is unit 207?

884 sqft (82.1 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 207 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 207, Fairview Residency

Starts from the last sale price (AED 1.24M, 3 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,238,069
Deposit, UAE resident (20%)
AED 247,614
Deposit, non-resident (40%)
AED 495,228
Monthly over 25 years at 3.7%
AED 5,065

Plus AED 57,009 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →