2-bed · 1,302 sqftFairfield, Dubai Marina · 17th floor · completed 2010

1703, Fairfield

Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 3 November 2024
Last soldAED 927K14 April 2011
Current rentAED 168K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Fairfield

What is 1703 worth today?

Last sold for AED 926,944 in 2011

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3 Nov 2024RentedNew contract
AED 167,500/yr24 months · AED 129 per sqft
21 Aug 2023RentedNew contract
AED 160,000/yr12 months · AED 123 per sqft
1 Oct 2022RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft
1 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
24 Jun 2019RentedNew contract
AED 125,000/yr12 months · AED 96 per sqft
1 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
24 Nov 2016RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
17th of 31
Parking
P1-1158
Developer
Emaar
Completed
2010
Service charge
AED 16,800 /yr
Last sold
AED 927K · April 2011
Building
Fairfield

About 1703, Fairfield

1703 is a two-bedroom apartment of 1,302 sqft on the 17th floor of Fairfield, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 14 April 2011 for AED 926,944, or AED 711 per sqft, 37% below the AED 1,135 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 3 November 2024, is AED 167,500 a year: a gross yield of 18.1% on the 2011 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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 926,944 (AED 711 per sqft)Sold, April 2011: AED 926,944 (AED 711 per sqft)

1703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, each contractTypical two-bed in Fairfield
100K150K200K2012201620202024Typical 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, May 2013: AED 110,000 a yearNew contract, March 2014: AED 175,000 a yearRenewal, March 2015: AED 185,000 a yearRenewal, March 2016: AED 180,000 a yearNew contract, November 2016: AED 150,000 a yearNew contract, February 2018: AED 140,000 a yearNew contract, June 2019: AED 125,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 115,000 a yearNew contract, August 2023: AED 160,000 a yearNew contract, November 2024: AED 167,500 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 1703 sits

All 89 2-beds →

1703 last sold in April 2011 at AED 711 per sqft, 37% below what two-beds in Fairfield were fetching at the time (AED 1,135). 1703's AED 167,500 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 17th floor

All 189 units in Fairfield
Value
17012-bedAED 3M · May 2014
17022-bedAED 2.9M · Oct 2023
17041-bedAED 1.5M · Dec 2017
17051-bedAED 1.61M · Jun 2018
17061-bedAED 1.54M · Jan 2017

1703, Fairfield in numbers

  • Sold twice: first on 8 March 2010 for AED 926,944, last on 14 April 2011 for AED 926,944 (AED 711 per sqft).
  • Rented since May 2013 on 12 Ejari contracts, from AED 110,000 to AED 167,500 a year.
  • At AED 167,500 a year the gross yield on the 2011 price is 18.1%, before a service charge of about AED 16,800 a year (AED 12.92 per sqft).

Source: Dubai Land Department. Updated 3 November 2024.

Questions about 1703, Fairfield

What did unit 1703 last sell for?

AED 926,944 on 14 April 2011: AED 711 per sqft for 1,302 sqft. The unit has 2 registered sales; the first was AED 926,944 in March 2010.

What is the rent for unit 1703?

AED 167,500 a year on the contract signed on 3 November 2024. The previous contract, from August 2023, was AED 160,000; the unit has been rented since May 2013.

How big is unit 1703?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2010.

What is unit 1703 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 1703, Fairfield

Starts from the last sale price (AED 927K, 14 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 926,944
Deposit, UAE resident (20%)
AED 185,389
Deposit, non-resident (40%)
AED 370,778
Monthly over 25 years at 3.7%
AED 3,792

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