1602, Fairways East Tower
Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Fairways East Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 26 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 850 sqft
- Floor
- 16th of 27
- Parking
- G-95
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 14,000 /yr
- Last sold
- AED 875K · July 2011
- Building
- Fairways East Tower
About 1602, Fairways East Tower
1602 is a one-bedroom apartment of 850 sqft on the 16th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 14 July 2011 for AED 875,000, or AED 1,029 per sqft, in line with the AED 1,005 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 26 August 2023, is AED 100,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 14,000 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Fairways East Tower, and where 1602 sits
All 99 1-beds →1602 last sold in July 2011 at AED 1,029 per sqft, in line with what one-beds in Fairways East Tower were fetching at the time (AED 1,005). Over the last 12 months one-beds sold for AED 2,100,000 to 2,250,000, around AED 2,558 per sqft, and rent for AED 93,500 to 135,000 a year. 1602's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Dec 202515 December 2025 | 850 sqft | 2,100,000 | 2,470 | ||
| 15 Dec 202515 December 2025 | 850 sqft | 2,250,000 | 2,646 | ||
| 22 Jul 202522 July 2025 | 981 sqft | 1,900,000 | 1,936 | ||
| 29 May 202529 May 2025 | 1,030 sqft | 1,955,000 | 1,898 |
Fairways East Tower
Building181 apartments, 1-bed to 2-bed over 27 floors in The Views, completed in 2008 by Emaar. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,470
- Typical sale
- AED 2.25M
- Typical rent
- AED 121K /yr
- Typical yield
- 5.0%
Other units on the 16th floor
All 181 units in Fairways East Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,404 sqft | AED 1.8MAED 1,800,888 · Sep 2009September 2009 | 160,000 /yr | |
| 1603 | 2-bed | 1,471 sqft | AED 1.77MAED 1,769,888 · May 2010May 2010 | 210,000 /yr | |
| 1604 | 1,377 sqft | AED 1.46MAED 1,455,888 · Nov 2012November 2012 | 170,000 /yr | ||
| 1605 | 1-bed | 847 sqft | AED 425KAED 425,444 · Sep 2011September 2011 | 110,000 /yr | |
| 1606 | 1-bed | 1,030 sqft | AED 1.03MAED 1,026,888 · Jun 2013June 2013 | 120,000 /yr | |
| 1607 | 1-bed | 491 sqft | AED 1.17MAED 1,167,888 · Aug 2010August 2010 | 120,000 /yr |
1602, Fairways East Tower in numbers
- Sold twice: first on 23 September 2009 for AED 930,888, last on 14 July 2011 for AED 875,000 (AED 1,029 per sqft).
- Rented since July 2014 on 5 Ejari contracts. The rent fell from AED 117,000 to AED 85,000 in 2021 and recovered to AED 100,000 by August 2023.
- At AED 100,000 a year the gross yield on the 2011 price is 11.4%, before a service charge of about AED 14,000 a year (AED 16.48 per sqft).
- One-beds in Fairways East Tower sold for AED 2,100,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,470 per sqft.
Source: Dubai Land Department. Updated 26 August 2023.
Questions about 1602, Fairways East Tower
What did unit 1602 last sell for?
AED 875,000 on 14 July 2011: AED 1,029 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 930,888 in September 2009.
What is the rent for unit 1602?
AED 100,000 a year on the contract renewed on 26 August 2023. The previous contract, from August 2021, was AED 85,000; the unit has been rented since July 2014.
How big is unit 1602?
850 sqft (79.0 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2008.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairways East Tower sold for AED 2,100,000 to 2,250,000 in the last 12 months, around AED 2,558 per sqft.
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Mortgage on 1602, Fairways East Tower
Starts from the last sale price (AED 875K, 14 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →