
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.
Property timeline for 401, Fairways Lofts
What is 401 worth today?
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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
- Building
- Fairways Lofts
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
401 has sold once; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Mar 20248 March 2024 | 1,777 sqft | 3,125,000 | 1,758 | ||
| 17 Nov 202317 November 2023 | 1,930 sqft | 3,200,000 | 1,658 | ||
| 10 Aug 202310 August 2023 | 1,927 sqft | 3,000,000 | 1,556 | ||
| 11 Apr 202211 April 2022 | 1,777 sqft | 2,500,000 | 1,406 |
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 4th floor
All 21 units in Fairways Lofts| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,930 sqft | AED 3.2MAED 3,200,000 · Nov 2023November 2023 | 156,000 /yr | |
| 403 | 2-bed | 1,927 sqft | AED 3MAED 3,000,000 · Aug 2023August 2023 | 130,000 /yr | |
| 404 | 2-bed | 1,926 sqft | AED 900KAED 900,000 · Nov 2010November 2010 | 230,000 /yr | |
| 405 | 2-bed | 1,927 sqft | AED 900KAED 900,000 · Nov 2010November 2010 | 230,000 /yr | |
| 406 | 2-bed | 1,920 sqft | AED 2.8MAED 2,800,000 · Dec 2016December 2016 | ||
| 407 | 2-bed | 2,013 sqft | AED 1.95MAED 1,950,000 · Dec 2020December 2020 | 160,000 /yr | |
| 408 | 2-bed | 1,926 sqft | AED 2.65MAED 2,650,000 · Sep 2013September 2013 | 275,000 /yr | |
| 409 | 2-bed | 1,927 sqft | AED 2.7MAED 2,700,000 · Jul 2019July 2019 | ||
| 410 | 2-bed | 1,930 sqft | AED 2.7MAED 2,700,000 · Aug 2021August 2021 | 155,418 /yr | |
| 411 | 2-bed | 1,777 sqft | AED 3.13MAED 3,125,000 · Mar 2024March 2024 | 136,008 /yr |
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 →