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1-bed · 1,030 sqftFairways East Tower, The Views · 4th floor · completed 2008

406, Fairways East Tower

Sold prices and rental history: sold twice, last in December 2016, and rented once, from March 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 December 2016
Last soldAED 1.6M20 December 2016
Current rentAED 120K /yr10 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Fairways East Tower

What is 406 worth today?

Last sold for AED 1,600,000 in 2016

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20 Dec 2016SoldReady
AED 1,600,000AED 1,553 per sqft
14 Nov 2016Sold by developerReady
AED 772,888AED 750 per sqft
10 Mar 2016RentedNew contract
AED 120,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 20 December 2016.

Key facts

Type
1-bed apartment
Size
1,030 sqft
Floor
4th of 27
Parking
G-272
Developer
Emaar
Completed
2008
Service charge
AED 17,000 /yr
Last sold
AED 1.6M · December 2016
Building
Fairways East Tower

About 406, Fairways East Tower

406 is a one-bedroom apartment of 1,030 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 20 December 2016 for AED 1,600,000, or AED 1,553 per sqft, in line with the AED 1,553 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2016. The current contract, signed on 10 March 2016, is AED 120,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 17,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, November 2016: AED 772,888 (AED 750 per sqft)Sold, December 2016: AED 1,600,000 (AED 1,553 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Fairways East Tower
75K100K125K2012201620202024Typical 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 2016: AED 120,000 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 406 sits

All 99 1-beds →

406 last sold in December 2016 at AED 1,553 per sqft, in line with what one-beds in Fairways East Tower were fetching at the time (AED 1,553). 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. 406's AED 120,000 is in the upper 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
4051-bedAED 1.03M · Jul 2022
4071-bedAED 850K · Jul 2011

406, Fairways East Tower in numbers

  • Sold twice: first on 14 November 2016 for AED 772,888, last on 20 December 2016 for AED 1,600,000 (AED 1,553 per sqft).
  • Rented since March 2016 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 17,000 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 20 December 2016.

Questions about 406, Fairways East Tower

What did unit 406 last sell for?

AED 1,600,000 on 20 December 2016: AED 1,553 per sqft for 1,030 sqft. The unit has 2 registered sales; the first was AED 772,888 in November 2016.

What is the rent for unit 406?

AED 120,000 a year on the contract signed on 10 March 2016.

How big is unit 406?

1,030 sqft (95.7 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2008.

What is unit 406 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 406, Fairways East Tower

Starts from the last sale price (AED 1.6M, 20 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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