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

304, Fairways Lofts

Sold prices and rental history: sold 4 times, last in April 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 1.9M24 April 2023
Current rentAED 10K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Fairways Lofts

What is 304 worth today?

Last sold for AED 1,900,000 in 2023

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24 Apr 2023SoldReady
AED 1,900,000AED 1,537 per sqft
5 Oct 2022RentedRenewal · flagged as an outlier
AED 10,000/yr12 months · AED 8 per sqft
5 Oct 2021RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 8 per sqft
8 May 2014SoldReady
AED 2,300,000AED 1,860 per sqft
8 Apr 2012SoldReady
AED 1,000,000AED 809 per sqft
2 May 2010Sold by developerReady
AED 1,065,888AED 862 per sqft

Source: Dubai Land Department. Updated 24 April 2023.

Key facts

Type
1-bed apartment
Size
1,236 sqft
Floor
3rd of 4
Parking
P2-13
Developer
Emaar
Completed
2008
Service charge
AED 20,400 /yr
Last sold
AED 1.9M · April 2023
Building
Fairways Lofts

About 304, Fairways Lofts

304 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 24 April 2023 for AED 1,900,000, or AED 1,537 per sqft, 6% above the AED 1,455 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 10,000 a year: a gross yield of 0.5% on the 2023 price, before the service charge of about AED 20,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, April 2012: AED 1,000,000 (AED 809 per sqft)Sold, May 2014: AED 2,300,000 (AED 1,860 per sqft)Sold, April 2023: AED 1,900,000 (AED 1,537 per sqft)

304 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, 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 142,500

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 304 sits

All 10 1-beds →

304 last sold in April 2023 at AED 1,537 per sqft, 6% above what one-beds in Fairways Lofts were fetching at the time (AED 1,455).

Recent 1-bed salesUnit no.Price (AED)Summary
20 Sep 20242,295,000
5 Jul 20242,100,000
10 Jun 20242,225,000
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
3031-bedAED 2.1M · Jul 2024
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

304, Fairways Lofts in numbers

  • Sold 4 times: first on 2 May 2010 for AED 1,065,888, last on 24 April 2023 for AED 1,900,000 (AED 1,537 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, at AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2023 price is 0.5%, before a service charge of about AED 20,400 a year (AED 16.48 per sqft).

Source: Dubai Land Department. Updated 24 April 2023.

Questions about 304, Fairways Lofts

What did unit 304 last sell for?

AED 1,900,000 on 24 April 2023: AED 1,537 per sqft for 1,236 sqft. The unit has 4 registered sales; the first was AED 1,065,888 in May 2010.

What is the rent for unit 304?

AED 10,000 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 10,000.

How big is unit 304?

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 304 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 304, Fairways Lofts

Starts from the last sale price (AED 1.9M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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