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1-bed · 1,236 sqftFairways Lofts, The Views · 3rd floor · completed 2008

303, Fairways Lofts

Sold prices and rental history: sold 5 times, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 2.1M5 July 2024
Current rentAED 100K /yr20 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Fairways Lofts

What is 303 worth today?

Last sold for AED 2,100,000 in 2024

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5 Jul 2024SoldReady
AED 2,100,000AED 1,698 per sqft
20 Jul 2022RentedRenewal
AED 99,750/yr12 months · AED 81 per sqft
20 Jul 2021RentedNew contract
AED 95,000/yr12 months · AED 77 per sqft
20 Jan 2020SoldReady
AED 1,150,000AED 930 per sqft
10 Aug 2017SoldReady
AED 1,200,000AED 970 per sqft
27 Feb 2012SoldReady
AED 1,100,000AED 889 per sqft
2 May 2010Sold by developerReady
AED 1,065,888AED 862 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
1-bed apartment
Size
1,236 sqft
Floor
3rd of 4
Parking
P2-12
Developer
Emaar
Completed
2008
Service charge
AED 20,400 /yr
Last sold
AED 2.1M · July 2024
Building
Fairways Lofts

About 303, Fairways Lofts

303 is a one-bedroom apartment of 1,236 sqft on the 3rd floor of Fairways Lofts, a 4-storey tower in The Views completed in 2008 by Emaar. It last sold on 5 July 2024 for AED 2,100,000, or AED 1,698 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 July 2022, is AED 99,750 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 20,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Fairways Lofts
1M2M2010201420182022Typical sale price by year: 2010 AED 1,065,888; 2012 AED 1,100,000; 2017 AED 1,200,000; 2020 AED 1,150,000; 2022 AED 1,415,000; 2023 AED 1,925,000; 2024 AED 2,225,000Sold by developer, May 2010: AED 1,065,888 (AED 862 per sqft)Sold, February 2012: AED 1,100,000 (AED 889 per sqft)Sold, August 2017: AED 1,200,000 (AED 970 per sqft)Sold, January 2020: AED 1,150,000 (AED 930 per sqft)Sold, July 2024: AED 2,100,000 (AED 1,698 per sqft)

303 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Fairways Lofts
100K125K150K2013201720212025Typical rent by year: 2013 AED 99,643; 2017 AED 120,000; 2020 AED 93,000; 2021 AED 95,000; 2022 AED 102,950; 2023 AED 113,500; 2024 AED 135,000; 2025 AED 142,500New contract, July 2021: AED 95,000 a yearRenewal, July 2022: AED 99,750 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 Lofts, and where 303 sits

All 10 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
20 Sep 20242,295,000
10 Jun 20242,225,000
24 Apr 20231,900,000
18 Apr 20231,950,000
0 1-bed sales in the last 12 months

Fairways Lofts

Building

21 apartments, 1-bed to 2-bed over 4 floors in The Views, completed in 2008 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 213K /yr
Typical yield
Fairways Lofts, The Views: prices, sales and rents →

Other units on the 3rd floor

All 21 units in Fairways Lofts
Value
3021-bedAED 1.52M · Feb 2020
3041-bedAED 1.9M · Apr 2023
3051-bedAED 1.05M · Feb 2020
3061-bedAED 2M · Mar 2023
3071-bedAED 2.3M · Sep 2024
3081-bedAED 1.42M · May 2022
3091-bedAED 1.95M · Apr 2023
1–7 of 9

303, Fairways Lofts in numbers

  • Sold 5 times: first on 2 May 2010 for AED 1,065,888, last on 5 July 2024 for AED 2,100,000 (AED 1,698 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, from AED 95,000 to AED 99,750 a year.
  • At AED 99,750 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 20,400 a year (AED 16.48 per sqft).

Source: Dubai Land Department. Updated 5 July 2024.

Questions about 303, Fairways Lofts

What did unit 303 last sell for?

AED 2,100,000 on 5 July 2024: AED 1,698 per sqft for 1,236 sqft. The unit has 5 registered sales; the first was AED 1,065,888 in May 2010.

What is the rent for unit 303?

AED 99,750 a year on the contract renewed on 20 July 2022. The previous contract, from July 2021, was AED 95,000.

How big is unit 303?

1,236 sqft (114.8 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2008.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 303, Fairways Lofts

Starts from the last sale price (AED 2.1M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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