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2-bed · 1,302 sqftFairfield, Dubai Marina · 13th floor · completed 2010

1303, Fairfield

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 7 December 2022
Last soldAED 1.8M1 May 2011
Current rentAED 155K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1303, Fairfield

What is 1303 worth today?

Last sold for AED 1,799,888 in 2011

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7 Dec 2022RentedNew contract
AED 155,000/yr12 months · AED 119 per sqft
12 Oct 2021RentedNew contract
AED 88,000/yr12 months · AED 68 per sqft
12 Oct 2020RentedNew contract
AED 88,000/yr12 months · AED 68 per sqft
20 Apr 2019RentedRenewal
AED 135,000/yr12 months · AED 104 per sqft
20 Apr 2018RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
1 May 2011SoldReady
AED 1,799,888AED 1,382 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,799,888AED 1,382 per sqft

Source: Dubai Land Department. Updated 7 December 2022.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
13th of 31
Parking
P1-1162
Developer
Emaar
Completed
2010
Service charge
AED 16,800 /yr
Last sold
AED 1.8M · May 2011
Building
Fairfield

About 1303, Fairfield

1303 is a two-bedroom apartment of 1,302 sqft on the 13th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 May 2011 for AED 1,799,888, or AED 1,382 per sqft, 22% above the AED 1,135 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 December 2022, is AED 155,000 a year: a gross yield of 8.6% on the 2011 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Fairfield
2M3M2009201420192024Typical 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 1,799,888 (AED 1,382 per sqft)Sold, May 2011: AED 1,799,888 (AED 1,382 per sqft)

1303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, 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, April 2018: AED 135,000 a yearRenewal, April 2019: AED 135,000 a yearNew contract, October 2020: AED 88,000 a yearNew contract, October 2021: AED 88,000 a yearNew contract, December 2022: AED 155,000 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 1303 sits

All 89 2-beds →

1303 last sold in May 2011 at AED 1,382 per sqft, 22% above what two-beds in Fairfield were fetching at the time (AED 1,135). 1303's AED 155,000 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 13th floor

All 189 units in Fairfield
Value
13012-bedAED 2.47M · Dec 2022
13022-bedAED 2.75M · Jan 2018
13041-bedAED 800K · Aug 2014
13051-bedAED 1.48M · Jun 2018
13061-bedAED 1.37M · Mar 2022

1303, Fairfield in numbers

  • Sold twice: first on 2 March 2010 for AED 1,799,888, last on 1 May 2011 for AED 1,799,888 (AED 1,382 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 88,000 in 2021 and recovered to AED 155,000 by December 2022.
  • At AED 155,000 a year the gross yield on the 2011 price is 8.6%, before a service charge of about AED 16,800 a year (AED 12.92 per sqft).

Source: Dubai Land Department. Updated 7 December 2022.

Questions about 1303, Fairfield

What did unit 1303 last sell for?

AED 1,799,888 on 1 May 2011: AED 1,382 per sqft for 1,302 sqft. The unit has 2 registered sales; the first was AED 1,799,888 in March 2010.

What is the rent for unit 1303?

AED 155,000 a year on the contract signed on 7 December 2022. The previous contract, from October 2021, was AED 88,000; the unit has been rented since April 2018.

How big is unit 1303?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 13th floor of a 31-storey tower completed in 2010.

What is unit 1303 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 1303, Fairfield

Starts from the last sale price (AED 1.8M, 1 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,799,888
Deposit, UAE resident (20%)
AED 359,978
Deposit, non-resident (40%)
AED 719,955
Monthly over 25 years at 3.7%
AED 7,364

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