701, Fairways East Tower
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Fairways East Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 18 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,404 sqft
- Floor
- 7th of 27
- Parking
- P-21
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 23,100 /yr
- Last sold
- AED 2.53M · February 2015
- Building
- Fairways East Tower
About 701, Fairways East Tower
701 is a two-bedroom apartment of 1,404 sqft on the 7th floor of Fairways East Tower, a 27-storey tower in The Views completed in 2008 by Emaar. It last sold on 9 February 2015 for AED 2,530,000, or AED 1,801 per sqft, 11% below the AED 2,017 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 18 April 2024, is AED 135,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 23,100 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 76 2-beds →701 last sold in February 2015 at AED 1,801 per sqft, 11% below what two-beds in Fairways East Tower were fetching at the time (AED 2,017). 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. 701's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202619 February 2026 | 1,377 sqft | 3,150,000 | 2,287 | ||
| 9 Jul 20259 July 2025 | 1,377 sqft | 2,975,000 | 2,160 | ||
| 1 Jul 20251 July 2025 | 1,404 sqft | 3,200,000 | 2,279 | ||
| 20 May 202520 May 2025 | 1,377 sqft | 3,000,000 | 2,178 |
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 7th floor
All 181 units in Fairways East Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 850 sqft | AED 841KAED 840,888 · Apr 2011April 2011 | 110,000 /yr | |
| 703 | 2-bed | 1,471 sqft | AED 2.5MAED 2,500,000 · May 2017May 2017 | 166,980 /yr | |
| 704 | 2-bed | 1,377 sqft | AED 2.15MAED 2,150,000 · Feb 2017February 2017 | 140,000 /yr | |
| 705 | 1-bed | 847 sqft | AED 666KAED 665,888 · Nov 2009November 2009 | 110,000 /yr | |
| 706 | 1-bed | 1,030 sqft | AED 942KAED 941,888 · Dec 2009December 2009 | 120,000 /yr | |
| 707 | 1-bed | 981 sqft | AED 976KAED 975,888 · Dec 2015December 2015 | 93,500 /yr |
701, Fairways East Tower in numbers
- Sold twice: first on 10 February 2011 for AED 753,944, last on 9 February 2015 for AED 2,530,000 (AED 1,801 per sqft).
- Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 169,091 to AED 110,000 in 2021 and recovered to AED 135,000 by April 2024.
- At AED 135,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 23,100 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 18 April 2024.
Questions about 701, Fairways East Tower
What did unit 701 last sell for?
AED 2,530,000 on 9 February 2015: AED 1,801 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 753,944 in February 2011.
What is the rent for unit 701?
AED 135,000 a year on the contract renewed on 18 April 2024. The previous contract, from April 2022, was AED 128,000; the unit has been rented since February 2016.
How big is unit 701?
1,404 sqft (130.4 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2008.
What is unit 701 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 701, Fairways East Tower
Starts from the last sale price (AED 2.53M, 9 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,530,000
- Deposit, UAE resident (20%)
- AED 506,000
- Deposit, non-resident (40%)
- AED 1,012,000
- Monthly over 25 years at 3.7%
- AED 10,351
Plus AED 111,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →