1-bed · 847 sqftFairways East Tower, The Views · 4th floor · completed 2008

405, Fairways East Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.03M1 July 2022
Current rentAED 101K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Fairways East Tower

What is 405 worth today?

Last sold for AED 1,030,000 in 2022

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25 Aug 2024RentedRenewal
AED 100,800/yr12 months · AED 120 per sqft
25 Aug 2024RentedRenewal
AED 100,800/yr12 months · AED 120 per sqft
25 Aug 2023RentedNew contract
AED 96,000/yr12 months · AED 113 per sqft
19 Aug 2022RentedNew contract
AED 73,500/yr12 months · AED 86 per sqft
1 Jul 2022SoldReady
AED 1,030,000AED 1,216 per sqft
19 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
25 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 82 per sqft
25 Aug 2019RentedRenewal
AED 79,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
4th of 27
Parking
G-81
Developer
Emaar
Completed
2008
Service charge
AED 14,000 /yr
Last sold
AED 1.03M · July 2022

About 405, Fairways East Tower

405 is a one-bedroom apartment of 847 sqft on the 4th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 1 July 2022 for AED 1,030,000, or AED 1,216 per sqft, 20% below the AED 1,517 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 100,800 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Fairways East Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 851,888; 2010 AED 870,888; 2011 AED 933,888; 2012 AED 962,500; 2013 AED 1,250,000; 2014 AED 1,630,000; 2015 AED 1,237,944; 2016 AED 1,600,000; 2018 AED 1,280,000; 2019 AED 1,140,000; 2020 AED 1,087,500; 2021 AED 1,250,000; 2022 AED 1,285,000; 2023 AED 1,460,000; 2024 AED 1,850,000; 2025 AED 1,952,500Sold by developer, October 2009: AED 323,944 (AED 382 per sqft)Sold, September 2014: AED 1,630,000 (AED 1,924 per sqft)Sold, July 2022: AED 1,030,000 (AED 1,216 per sqft)

405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in Fairways East Tower
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 107,000; 2017 AED 108,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 80,000; 2023 AED 94,000; 2024 AED 105,000; 2025 AED 115,000; 2026 AED 115,000New contract, March 2015: AED 110,000 a yearNew contract, July 2016: AED 107,000 a yearNew contract, August 2018: AED 90,000 a yearRenewal, August 2019: AED 79,000 a yearRenewal, August 2020: AED 70,000 a yearNew contract, August 2021: AED 70,000 a yearNew contract, August 2022: AED 73,500 a yearNew contract, August 2023: AED 96,000 a yearRenewal, August 2024: AED 100,800 a yearRenewal, August 2024: AED 100,800 a year

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 405 sits

All 99 1-beds →

405 last sold in July 2022 at AED 1,216 per sqft, 20% below what one-beds in Fairways East Tower were fetching at the time (AED 1,517). 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. 405's AED 100,800 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 20252,100,000
15 Dec 20252,250,000
22 Jul 20251,900,000
29 May 20251,955,000
2 1-bed sales 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 4th floor

All 181 units in Fairways East Tower
Value
4012-bedAED 1.57M · Mar 2011
4021-bedAED 781K · Aug 2010
4032-bedAED 2.35M · Jan 2022
4042-bedAED 1.08M · Aug 2017
4061-bedAED 1.6M · Dec 2016
4071-bedAED 850K · Jul 2011

405, Fairways East Tower in numbers

  • Sold 3 times: first on 19 October 2009 for AED 323,944, last on 1 July 2022 for AED 1,030,000 (AED 1,216 per sqft).
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 100,800 by August 2024.
  • At AED 100,800 a year the gross yield on the 2022 price is 9.8%, 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 25 August 2024.

Questions about 405, Fairways East Tower

What did unit 405 last sell for?

AED 1,030,000 on 1 July 2022: AED 1,216 per sqft for 847 sqft. The unit has 3 registered sales; the first was AED 323,944 in October 2009.

What is the rent for unit 405?

AED 100,800 a year on the contract renewed on 25 August 2024. The previous contract, from August 2024, was AED 100,800; the unit has been rented since March 2015.

How big is unit 405?

847 sqft (78.7 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2008.

What is unit 405 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 405, Fairways East Tower

Starts from the last sale price (AED 1.03M, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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