1-bed · 831 sqftFairview Residency, Business Bay · 4th floor · completed 2014

405, Fairview Residency

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 1.13M6 August 2014
Current rentAED 86K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Fairview Residency

What is 405 worth today?

Last sold for AED 1,131,171 in 2014

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7 Jul 2025RentedRenewal
AED 86,000/yr12 months · AED 104 per sqft
7 Jul 2024RentedNew contract
AED 86,000/yr12 months · AED 104 per sqft
10 Feb 2024RentedRenewal
AED 80,000/yr12 months · AED 97 per sqft
10 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
10 Feb 2022RentedRenewal
AED 60,000/yr12 months · AED 72 per sqft
10 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
10 Feb 2019RentedNew contract
AED 78,000/yr12 months · AED 94 per sqft
25 Dec 2015RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
4th of 18
Parking
P2-39
Developer
Deyaar
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 1.13M · August 2014

About 405, Fairview Residency

405 is a one-bedroom apartment of 831 sqft on the 4th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 6 August 2014 for AED 1,131,171, or AED 1,361 per sqft, 5% below the AED 1,435 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 July 2025, is AED 86,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2014: AED 1,131,171 (AED 1,361 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Fairview Residency
60K80K2014201820222026Typical 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, September 2014: AED 87,000 a yearNew contract, December 2015: AED 85,000 a yearNew contract, February 2019: AED 78,000 a yearNew contract, February 2021: AED 60,000 a yearRenewal, February 2022: AED 60,000 a yearRenewal, February 2023: AED 70,000 a yearRenewal, February 2024: AED 80,000 a yearNew contract, July 2024: AED 86,000 a yearRenewal, July 2025: AED 86,000 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 405 sits

All 158 1-beds →

405 last sold in August 2014 at AED 1,361 per sqft, 5% below what one-beds in Fairview Residency were fetching at the time (AED 1,435). 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. 405's AED 86,000 is in the upper 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 4th floor

All 166 units in Fairview Residency
Value
401AED 1.08M · Oct 2025
4021-bedAED 1.13M · Sep 2014
4031-bedAED 1.39M · Mar 2015
4041-bedAED 1.52M · Nov 2014
4061-bedAED 1.28M · Sep 2015
4071-bedAED 1.69M · Sep 2014
4081-bedAED 1.24M · Aug 2014
1–7 of 9

405, Fairview Residency in numbers

  • Sold once: by Deyaar on 6 August 2014 for AED 1,131,171, or AED 1,361 per sqft.
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 87,000 to AED 60,000 in 2022 and recovered to AED 86,000 by July 2025.
  • At AED 86,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 12,600 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 7 July 2025.

Questions about 405, Fairview Residency

What did unit 405 last sell for?

AED 1,131,171 on 6 August 2014, sold by the developer: AED 1,361 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 86,000 a year on the contract renewed on 7 July 2025. The previous contract, from July 2024, was AED 86,000; the unit has been rented since September 2014.

How big is unit 405?

831 sqft (77.2 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.

What is unit 405 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 405, Fairview Residency

Starts from the last sale price (AED 1.13M, 6 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,131,171
Deposit, UAE resident (20%)
AED 226,234
Deposit, non-resident (40%)
AED 452,468
Monthly over 25 years at 3.7%
AED 4,628

Plus AED 52,519 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →