6-bed · 10,819 sqftFairways, Dubai Hills Estate

R.017, Fairways

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa R.017 · DLD and Ejari recordsUpdated 25 July 2023
Last soldAED 3.97M15 June 2015
Current rentAED 1.65M /yr25 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R.017, Fairways

What is R.017 worth today?

Last sold for AED 3,970,888 in 2015

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25 Jul 2023RentedRenewal
AED 1,650,000/yr12 months · AED 153 per sqft
25 Jul 2022RentedNew contract
AED 1,500,000/yr12 months · AED 139 per sqft
15 Jun 2015Sold by developerOff-plan · flagged as an outlier
AED 3,970,888AED 367 per sqft

Source: Dubai Land Department. Updated 25 July 2023.

Key facts

Type
6-bed villa
Size
10,819 sqft
Last sold
AED 3.97M · June 2015
Community
Fairways

About R.017, Fairways

R.017 is a six-bedroom villa of 10,819 sqft in Fairways, a villa community in Dubai Hills Estate. The developer sold it on 15 June 2015 for AED 3,970,888, or AED 367 per sqft, 28% below the AED 513 six-beds in the community were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 25 July 2023, is AED 1,650,000 a year: a gross yield of 41.5% on the 2015 price.

Sales and rents for R.017 over time

Sales
Villa R.017, each saleTypical six-bed in Fairways
20M2015201820212024Typical sale price by year: 2015 AED 5,401,888; 2016 AED 5,357,888; 2018 AED 7,131,888; 2019 AED 5,867,888; 2020 AED 5,204,052; 2021 AED 7,604,450; 2022 AED 10,750,888; 2023 AED 25,500,000; 2024 AED 33,000,000

No registered sale of R.017; the dashed line is the six-bed median of each year in the community.

Rents
Villa R.017, each contractTypical six-bed in Fairways
1.6M1.8M20222023202420252026Typical rent by year: 2024 AED 1,850,000; 2025 AED 1,550,000New contract, July 2022: AED 1,500,000 a yearRenewal, July 2023: AED 1,650,000 a year

Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.

6-beds in Fairways, and where R.017 sits

All 103 6-beds →

R.017 last sold in June 2015 at AED 367 per sqft, 28% below what six-beds in Fairways were fetching at the time (AED 513). Over the last 12 months six-beds sold for AED 30,500,000, around AED 3,106 per sqft, and rent for AED 1,600,000 to 1,900,000 a year.

Recent 6-bed salesVilla no.Price (AED)Summary
11 Feb 202630,500,000
4 Aug 202550,000,000
8 May 202553,000,000
24 Apr 202563,000,000
1 6-bed sale in the last 12 months

Fairways

Community

119 villas, 3-bed to 6-bed in Dubai Hills Estate. 1 sold in the last 12 months.

Typical price per sqft
AED 3,106
Typical sale
AED 30.5M
Typical rent
AED 1.75M /yr
Typical yield
5.9%
Fairways, Dubai Hills Estate: prices, sales and rents →

R.017, Fairways in numbers

  • Sold once: by the developer on 15 June 2015 for AED 3,970,888, or AED 367 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, from AED 1,500,000 to AED 1,650,000 a year.
  • At AED 1,650,000 a year the gross yield on the 2015 price is 41.5%.
  • Six-beds in Fairways sold for AED 30,500,000–30,500,000 in the 12 months to November 2026; the community's median across all types is AED 3,106 per sqft.

Source: Dubai Land Department. Updated 25 July 2023.

Questions about R.017, Fairways

What did villa R.017 last sell for?

AED 3,970,888 on 15 June 2015, sold by the developer: AED 367 per sqft for 10,819 sqft. It is the only registered sale of the villa.

What is the rent for villa R.017?

AED 1,650,000 a year on the contract renewed on 25 July 2023. The previous contract, from July 2022, was AED 1,500,000.

How big is villa R.017?

10,819 sqft (1005.1 sqm): a six-bedroom villa in Fairways.

What is villa R.017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Fairways sold for AED 30,500,000 to 30,500,000 in the last 12 months, around AED 3,106 per sqft.

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Mortgage on R.017, Fairways

Starts from the last sale price (AED 3.97M, 15 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,970,888
Deposit, UAE resident (20%)
AED 794,178
Deposit, non-resident (40%)
AED 1,588,355
Monthly over 25 years at 3.7%
AED 16,246

Plus AED 171,788 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →