2-bed · 1,777 sqftFairways Lofts, The Views · 4th floor · completed 2008

401, Fairways Lofts

Sold prices and rental history: sold once, by the developer in January 2016, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 July 2021
Last soldAED 1.59M24 January 2016
Current rentAED 160K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Fairways Lofts

What is 401 worth today?

Last sold for AED 1,594,888 in 2016

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15 Jul 2021RentedNew contract
AED 160,000/yr12 months · AED 90 per sqft
24 Jan 2016Sold by developerReady
AED 1,594,888AED 897 per sqft

Source: Dubai Land Department. Updated 15 July 2021.

Key facts

Type
2-bed apartment
Size
1,777 sqft
Floor
4th of 4
Parking
P2-7
Developer
Emaar
Completed
2008
Service charge
AED 29,300 /yr
Last sold
AED 1.59M · January 2016

About 401, Fairways Lofts

401 is a two-bedroom apartment of 1,777 sqft on the 4th floor of Fairways Lofts, a 4-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 24 January 2016 for AED 1,594,888, or AED 897 per sqft.

One Ejari contract is registered, from 15 July 2021. The current contract, signed on 15 July 2021, is AED 160,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 29,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Fairways Lofts
1.5M2M2.5M2010201220142016Typical sale price by year: 2010 AED 1,719,888; 2013 AED 2,612,500Sold by developer, January 2016: AED 1,594,888 (AED 897 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Fairways Lofts
150K200K20132016201920222025Typical rent by year: 2013 AED 172,500; 2015 AED 200,000; 2016 AED 200,000; 2017 AED 200,571; 2018 AED 170,000; 2019 AED 145,000; 2020 AED 130,000; 2021 AED 132,500; 2022 AED 160,000; 2023 AED 170,000; 2024 AED 216,000New contract, July 2021: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Fairways Lofts, and where 401 sits

All 11 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
8 Mar 20243,125,000
17 Nov 20233,200,000
10 Aug 20233,000,000
11 Apr 20222,500,000
0 2-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 4th floor

All 21 units in Fairways Lofts
Value
4022-bedAED 3.2M · Nov 2023
4032-bedAED 3M · Aug 2023
4042-bedAED 900K · Nov 2010
4052-bedAED 900K · Nov 2010
4062-bedAED 2.8M · Dec 2016
4072-bedAED 1.95M · Dec 2020
4082-bedAED 2.65M · Sep 2013
1–7 of 10

401, Fairways Lofts in numbers

  • Sold once: by Emaar on 24 January 2016 for AED 1,594,888, or AED 897 per sqft.
  • Rented since July 2021 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 10.0%, before a service charge of about AED 29,300 a year (AED 16.48 per sqft).

Source: Dubai Land Department. Updated 15 July 2021.

Questions about 401, Fairways Lofts

What did unit 401 last sell for?

AED 1,594,888 on 24 January 2016, sold by the developer: AED 897 per sqft for 1,777 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 160,000 a year on the contract signed on 15 July 2021.

How big is unit 401?

1,777 sqft (165.1 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2008.

What is unit 401 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 401, Fairways Lofts

Starts from the last sale price (AED 1.59M, 24 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,594,888
Deposit, UAE resident (20%)
AED 318,978
Deposit, non-resident (40%)
AED 637,955
Monthly over 25 years at 3.7%
AED 6,525

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