308, Fairways Lofts
Sold prices and rental history: sold 4 times, last in May 2022, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Fairways Lofts
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Source: Dubai Land Department. Updated 9 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,236 sqft
- Floor
- 3rd of 4
- Parking
- P2-17
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1.42M · May 2022
- Building
- Fairways Lofts
About 308, Fairways Lofts
308 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 9 May 2022 for AED 1,415,000, or AED 1,144 per sqft, in line with the AED 1,144 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 March 2021. The current contract, signed on 25 March 2021, is AED 85,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 20,400 a year.
Sales and rents for 308 over time
308 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 10 1-beds →308 last sold in May 2022 at AED 1,144 per sqft, in line with what one-beds in Fairways Lofts were fetching at the time (AED 1,144).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Sep 202420 September 2024 | 1,273 sqft | 2,295,000 | 1,802 | ||
| 5 Jul 20245 July 2024 | 1,236 sqft | 2,100,000 | 1,698 | ||
| 10 Jun 202410 June 2024 | 1,237 sqft | 2,225,000 | 1,798 | ||
| 24 Apr 202324 April 2023 | 1,236 sqft | 1,900,000 | 1,537 |
Fairways Lofts
Building21 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
Other units on the 3rd floor
All 21 units in Fairways Lofts| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 1,237 sqft | AED 1.52MAED 1,520,000 · Feb 2020February 2020 | 150,000 /yr | |
| 303 | 1-bed | 1,236 sqft | AED 2.1MAED 2,100,000 · Jul 2024July 2024 | 99,750 /yr | |
| 304 | 1-bed | 1,236 sqft | AED 1.9MAED 1,900,000 · Apr 2023April 2023 | 10,000 /yr | |
| 305 | 1-bed | 1,236 sqft | AED 1.05MAED 1,050,000 · Feb 2020February 2020 | 85,000 /yr | |
| 306 | 1-bed | 1,275 sqft | AED 2MAED 2,000,000 · Mar 2023March 2023 | 111,300 /yr | |
| 307 | 1-bed | 1,273 sqft | AED 2.3MAED 2,295,000 · Sep 2024September 2024 | 150,000 /yr | |
| 309 | 1-bed | 1,236 sqft | AED 1.95MAED 1,950,000 · Apr 2023April 2023 | 135,000 /yr | |
| 310 | 1-bed | 1,237 sqft | AED 2.23MAED 2,225,000 · Jun 2024June 2024 | 108,000 /yr | |
| 311 | 1-bed | 1,281 sqft | AED 1.6MAED 1,600,000 · Oct 2013October 2013 | 117,000 /yr |
308, Fairways Lofts in numbers
- Sold 4 times: first on 2 May 2010 for AED 1,065,888, last on 9 May 2022 for AED 1,415,000 (AED 1,144 per sqft).
- Rented since March 2021 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 20,400 a year (AED 16.48 per sqft).
Source: Dubai Land Department. Updated 9 May 2022.
Questions about 308, Fairways Lofts
What did unit 308 last sell for?
AED 1,415,000 on 9 May 2022: AED 1,144 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 308?
AED 85,000 a year on the contract signed on 25 March 2021.
How big is unit 308?
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 308 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 308, Fairways Lofts
Starts from the last sale price (AED 1.42M, 9 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,415,000
- Deposit, UAE resident (20%)
- AED 283,000
- Deposit, non-resident (40%)
- AED 566,000
- Monthly over 25 years at 3.7%
- AED 5,789
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →