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2-bed · 1,347 sqftFairfield, Dubai Marina · 11th floor · completed 2010

1101, Fairfield

Sold prices and rental history: sold 4 times, last in July 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 30 July 2017
Last soldAED 2.73M30 July 2017
Current rentAED 170K /yr28 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1101, Fairfield

What is 1101 worth today?

Last sold for AED 2,732,500 in 2017

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30 Jul 2017SoldReady
AED 2,732,500AED 2,028 per sqft
28 Dec 2016RentedRenewal
AED 170,000/yr12 months · AED 126 per sqft
28 Dec 2015RentedNew contract
AED 170,000/yr12 months · AED 126 per sqft
25 Nov 2015SoldReady
AED 2,500,000AED 1,855 per sqft
5 Nov 2012RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
22 Dec 2011SoldReady
AED 710,944AED 527 per sqft
28 Mar 2010Sold by developerOff-plan
AED 710,944AED 527 per sqft

Source: Dubai Land Department. Updated 30 July 2017.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
11th of 31
Parking
P1-1216
Developer
Emaar
Completed
2010
Service charge
AED 17,400 /yr
Last sold
AED 2.73M · July 2017
Building
Fairfield

About 1101, Fairfield

1101 is a two-bedroom apartment of 1,347 sqft on the 11th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 30 July 2017 for AED 2,732,500, or AED 2,028 per sqft, 5% above the AED 1,930 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 28 December 2016, is AED 170,000 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical two-bed in Fairfield
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,481,888; 2010 AED 1,636,888; 2011 AED 1,545,944; 2012 AED 1,667,444; 2013 AED 2,000,000; 2014 AED 2,865,000; 2015 AED 2,675,000; 2016 AED 2,737,500; 2017 AED 2,575,000; 2018 AED 2,290,000; 2020 AED 1,750,000; 2021 AED 1,850,000; 2022 AED 2,310,000; 2023 AED 2,550,000; 2024 AED 2,725,000; 2025 AED 2,875,000Sold by developer, March 2010: AED 710,944 (AED 527 per sqft)Sold, December 2011: AED 710,944 (AED 527 per sqft)Sold, November 2015: AED 2,500,000 (AED 1,855 per sqft)Sold, July 2017: AED 2,732,500 (AED 2,028 per sqft)

1101 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, each contractTypical two-bed in Fairfield
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 160,000New contract, November 2012: AED 125,000 a yearNew contract, December 2015: AED 170,000 a yearRenewal, December 2016: AED 170,000 a year

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

2-beds in Fairfield, and where 1101 sits

All 89 2-beds →

1101 last sold in July 2017 at AED 2,028 per sqft, 5% above what two-beds in Fairfield were fetching at the time (AED 1,930). 1101's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20253,000,000
25 Apr 20253,175,000
12 Mar 20252,750,000
17 Feb 20252,750,000
0 2-bed sales in the last 12 months

Fairfield

Building

189 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2010 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,442
Typical sale
AED 2.35M
Typical rent
AED 120K /yr
Typical yield
5.1%
Fairfield, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 189 units in Fairfield
Value
11022-bedAED 2.9M · Aug 2016
11032-bedAED 1.75M · Nov 2012
11041-bedAED 983K · Feb 2011
11051-bedAED 1.31M · Aug 2013
11061-bedAED 1.61M · Jan 2017

1101, Fairfield in numbers

  • Sold 4 times: first on 28 March 2010 for AED 710,944, last on 30 July 2017 for AED 2,732,500 (AED 2,028 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 125,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 17,400 a year (AED 12.92 per sqft).

Source: Dubai Land Department. Updated 30 July 2017.

Questions about 1101, Fairfield

What did unit 1101 last sell for?

AED 2,732,500 on 30 July 2017: AED 2,028 per sqft for 1,347 sqft. The unit has 4 registered sales; the first was AED 710,944 in March 2010.

What is the rent for unit 1101?

AED 170,000 a year on the contract renewed on 28 December 2016. The previous contract, from December 2015, was AED 170,000; the unit has been rented since November 2012.

How big is unit 1101?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 11th floor of a 31-storey tower completed in 2010.

What is unit 1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1101, Fairfield

Starts from the last sale price (AED 2.73M, 30 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,732,500
Deposit, UAE resident (20%)
AED 546,500
Deposit, non-resident (40%)
AED 1,093,000
Monthly over 25 years at 3.7%
AED 11,180

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →