2-bed · 1,377 sqftFairways East Tower, The Views · 3rd floor · completed 2008

304, Fairways East Tower

Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 September 2021
Last soldAED 1.48M19 October 2010
Current rentAED 100K /yr9 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Fairways East Tower

What is 304 worth today?

Last sold for AED 1,475,000 in 2010

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9 Sep 2021RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
1 Jul 2020RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
8 Apr 2018RentedRenewal
AED 140,000/yr12 months · AED 102 per sqft
8 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
25 Mar 2016RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
22 Mar 2014RentedNew contract
AED 124,000/yr12 months · AED 90 per sqft
22 Mar 2013RentedNew contract
AED 122,000/yr12 months · AED 89 per sqft
15 Dec 2012RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 9 September 2021.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
3rd of 27
Parking
P-80
Developer
Emaar
Completed
2008
Service charge
AED 22,700 /yr
Last sold
AED 1.48M · October 2010

About 304, Fairways East Tower

304 is a two-bedroom apartment of 1,377 sqft on the 3rd floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 19 October 2010 for AED 1,475,000, or AED 1,071 per sqft, 9% below the AED 1,179 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 9 September 2021, is AED 100,000 a year: a gross yield of 6.8% on the 2010 price, before the service charge of about AED 22,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Fairways East Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,647,388; 2010 AED 1,629,444; 2011 AED 1,468,944; 2012 AED 1,600,000; 2013 AED 2,000,000; 2014 AED 2,837,500; 2015 AED 2,350,000; 2016 AED 2,200,000; 2017 AED 2,275,000; 2018 AED 2,150,000; 2019 AED 1,880,000; 2020 AED 1,850,000; 2021 AED 1,759,575; 2022 AED 2,000,000; 2024 AED 2,800,000; 2025 AED 2,975,000Sold by developer, October 2010: AED 1,475,000 (AED 1,071 per sqft)Sold, October 2010: AED 1,317,888 (AED 957 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Fairways East Tower
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 135,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 145,500; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 115,000; 2022 AED 125,000; 2023 AED 148,000; 2024 AED 160,000; 2025 AED 168,000; 2026 AED 177,500New contract, December 2012: AED 95,000 a yearNew contract, March 2013: AED 122,000 a yearNew contract, March 2014: AED 124,000 a yearNew contract, March 2016: AED 140,000 a yearNew contract, April 2017: AED 140,000 a yearRenewal, April 2018: AED 140,000 a yearRenewal, July 2020: AED 110,000 a yearNew contract, September 2021: AED 100,000 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 Fairways East Tower, and where 304 sits

All 76 2-beds →

304 last sold in October 2010 at AED 1,071 per sqft, 9% below what two-beds in Fairways East Tower were fetching at the time (AED 1,179). Over the last 12 months two-beds sold for AED 3,150,000, around AED 2,287 per sqft, and rent for AED 129,360 to 210,000 a year. 304's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Feb 20263,150,000
9 Jul 20252,975,000
1 Jul 20253,200,000
20 May 20253,000,000
1 2-bed sale in the last 12 months

Fairways East Tower

Building

181 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%
Fairways East Tower, The Views: prices, sales and rents →

Other units on the 3rd floor

All 181 units in Fairways East Tower
Value
3012-bedAED 704K · Jun 2010
3021-bedAED 771K · Dec 2012
3032-bedAED 1.05M · May 2018
3051-bedAED 642K · Aug 2010
3061-bedAED 1.01M · Sep 2019
3071-bedAED 770K · Jul 2010

304, Fairways East Tower in numbers

  • Sold twice: first on 19 October 2010 for AED 1,317,888, last on 19 October 2010 for AED 1,475,000 (AED 1,071 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 95,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2010 price is 6.8%, before a service charge of about AED 22,700 a year (AED 16.48 per sqft).
  • Two-beds in Fairways East Tower sold for AED 3,150,000–3,150,000 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 9 September 2021.

Questions about 304, Fairways East Tower

What did unit 304 last sell for?

AED 1,475,000 on 19 October 2010, sold by the developer: AED 1,071 per sqft for 1,377 sqft. The unit has 2 registered sales; the first was AED 1,317,888 in October 2010.

What is the rent for unit 304?

AED 100,000 a year on the contract signed on 9 September 2021. The previous contract, from July 2020, was AED 110,000; the unit has been rented since December 2012.

How big is unit 304?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2008.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fairways East Tower sold for AED 3,150,000 to 3,150,000 in the last 12 months, around AED 2,287 per sqft.

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Mortgage on 304, Fairways East Tower

Starts from the last sale price (AED 1.48M, 19 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

Plus AED 66,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →