1-bed · 796 sqftFairview Residency, Business Bay · 4th floor · completed 2014

409, Fairview Residency

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

Unit 409 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 1.15M29 October 2014
Current rentAED 65K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Fairview Residency

What is 409 worth today?

Last sold for AED 1,152,349 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2025RentedRenewal
AED 65,205/yr12 months · AED 82 per sqft
15 Jul 2024RentedRenewal
AED 62,100/yr12 months · AED 78 per sqft
15 Jul 2023RentedRenewal
AED 54,000/yr12 months · AED 68 per sqft
15 Jul 2021RentedRenewal
AED 42,000/yr12 months · AED 53 per sqft
15 Jul 2019RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
15 Jul 2017RentedNew contract
AED 88,000/yr24 months · AED 111 per sqft
11 Feb 2016RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
13 Dec 2014RentedNew contract
AED 87,500/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
4th of 18
Parking
P2-4
Developer
Deyaar
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 1.15M · October 2014

About 409, Fairview Residency

409 is a one-bedroom apartment of 796 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 29 October 2014 for AED 1,152,349, or AED 1,447 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 2014 on 8 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 65,205 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 12,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, October 2014: AED 1,152,349 (AED 1,447 per sqft)

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

Rents
Unit 409, 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, December 2014: AED 87,500 a yearNew contract, February 2016: AED 85,000 a yearNew contract, July 2017: AED 88,000 a yearNew contract, July 2019: AED 65,000 a yearRenewal, July 2021: AED 42,000 a yearRenewal, July 2023: AED 54,000 a yearRenewal, July 2024: AED 62,100 a yearRenewal, July 2025: AED 65,205 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 409 sits

All 158 1-beds →

409 last sold in October 2014 at AED 1,447 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. 409's AED 65,205 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 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
4051-bedAED 1.13M · Aug 2014
4061-bedAED 1.28M · Sep 2015
4071-bedAED 1.69M · Sep 2014
1–7 of 9

409, Fairview Residency in numbers

  • Sold once: by Deyaar on 29 October 2014 for AED 1,152,349, or AED 1,447 per sqft.
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 87,500 to AED 42,000 in 2021 and recovered to AED 65,205 by July 2025.
  • At AED 65,205 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 12,000 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 July 2025.

Questions about 409, Fairview Residency

What did unit 409 last sell for?

AED 1,152,349 on 29 October 2014, sold by the developer: AED 1,447 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 65,205 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 62,100; the unit has been rented since December 2014.

How big is unit 409?

796 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.

What is unit 409 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 409? 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.

How OpenOffers works

Mortgage on 409, Fairview Residency

Starts from the last sale price (AED 1.15M, 29 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,152,349
Deposit, UAE resident (20%)
AED 230,470
Deposit, non-resident (40%)
AED 460,940
Monthly over 25 years at 3.7%
AED 4,715

Plus AED 53,409 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →