1-bed · 1,281 sqftFairways Lofts, The Views · 3rd floor · completed 2008

311, Fairways Lofts

Sold prices and rental history: sold twice, last in October 2013, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.6M30 October 2013
Current rentAED 117K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Fairways Lofts

What is 311 worth today?

Last sold for AED 1,600,000 in 2013

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1 Aug 2024RentedRenewal
AED 117,000/yr12 months · AED 91 per sqft
1 Aug 2023RentedNew contract
AED 117,000/yr12 months · AED 91 per sqft
30 Oct 2013SoldReady
AED 1,600,000AED 1,249 per sqft
30 Sep 2010Sold by developerReady
AED 1,097,888AED 857 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,281 sqft
Floor
3rd of 4
Parking
P2-10
Developer
Emaar
Completed
2008
Service charge
AED 21,100 /yr
Last sold
AED 1.6M · October 2013

About 311, Fairways Lofts

311 is a one-bedroom apartment of 1,281 sqft on the 3rd floor of Fairways Lofts, a 4-storey tower in The Views completed in 2008 by Emaar. It last sold on 30 October 2013 for AED 1,600,000, or AED 1,249 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 117,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 21,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, September 2010: AED 1,097,888 (AED 857 per sqft)Sold, October 2013: AED 1,600,000 (AED 1,249 per sqft)

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

Rents
Unit 311, 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, August 2023: AED 117,000 a yearRenewal, August 2024: AED 117,000 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 Lofts, and where 311 sits

All 10 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
20 Sep 20242,295,000
5 Jul 20242,100,000
10 Jun 20242,225,000
24 Apr 20231,900,000
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
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
1–7 of 9

311, Fairways Lofts in numbers

  • Sold twice: first on 30 September 2010 for AED 1,097,888, last on 30 October 2013 for AED 1,600,000 (AED 1,249 per sqft).
  • Rented since August 2023 on 2 Ejari contracts, at AED 117,000 a year.
  • At AED 117,000 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 21,100 a year (AED 16.48 per sqft).

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 311, Fairways Lofts

What did unit 311 last sell for?

AED 1,600,000 on 30 October 2013: AED 1,249 per sqft for 1,281 sqft. The unit has 2 registered sales; the first was AED 1,097,888 in September 2010.

What is the rent for unit 311?

AED 117,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 117,000.

How big is unit 311?

1,281 sqft (119.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2008.

What is unit 311 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 311, Fairways Lofts

Starts from the last sale price (AED 1.6M, 30 October 2013). 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 →